nuta replied to the topic House for under $300,00 – Where would you buy in NSW? in the forum Help Needed! 13 years, 12 months ago
Up in the Blue Mountains. Also down south- Nowra, Erowal Bay.
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nuta replied to the topic WealthScore…. How Did You Go? in the forum General Property 14 years, 6 months ago
I got 2175 & I haven't even added up all my jewellery correctly. I am 36 so hopefully it will only improve.Thanks for this. It has been fun. Now I'm gonna get competitive & try to increase my score!
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nuta replied to the topic Property in Australia in still VERY cheap in the forum General Property 14 years, 7 months ago
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nuta replied to the topic 3rd investment property loan advice in the forum Finance 14 years, 8 months ago
Yikes! I would consider paying the loans off that you have already got. $962K in a rising interest rate environment is risky business in itself.
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nuta replied to the topic getting keys cut- a tax deduction? in the forum Legal & Accounting 15 years ago
I have a large key set -to house + garages + locks for gates. I need one set for the agent, & one for the tenant.I know it is quite negligible but still, money is money!
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nuta replied to the topic Own an investment property just about to buy another. How can I make the new one a PPR? in the forum Legal & Accounting 15 years, 2 months ago
On second thoughts, I don't think I can do it as it is 3.5 hours from my workplace, and it is obvious that my intention is only for tax purposes. With the purchase, I purposely tried to avoid land tax as that is a real killer to investing in NSW. What do you mean when you say the ATO treat land tax differently from the OSR?
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nuta replied to the topic Own an investment property just about to buy another. How can I make the new one a PPR? in the forum Legal & Accounting 15 years, 2 months ago
Thanks for the reply Terry. I was worried that I would have to pay land tax if I don't make the new one my PPoR. However, I've looked at the Land Value (NSW) search & they both add up to $287K so I am under the threshold & fingers crossed I will always be under the threshold as it climbs each year.I am wondering if is worthwhile financially at a…[Read more]
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nuta replied to the topic Own an investment property just about to buy another. How can I make the new one a PPR? in the forum Legal & Accounting 15 years, 2 months ago
May I ask: if I rent out the new IP& do not move into it first, does that mean I can never claim the new place as my PPoR ever again (given the current laws of course) even if I do move into it & genuinely make it my PPoR?
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