nuta replied to the topic House for under $300,00 – Where would you buy in NSW? in the forum Help Needed! 14 years ago
Up in the Blue Mountains. Also down south- Nowra, Erowal Bay.
nuta replied to the topic WealthScore…. How Did You Go? in the forum General Property 15 years 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!
nuta replied to the topic Property in Australia in still VERY cheap in the forum General Property 15 years ago
http://www.demographia.com/dhi.pdfThis study paints a worse story!
nuta replied to the topic 3rd investment property loan advice in the forum Finance 15 years 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.
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!
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 16 years 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?
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 16 years 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]
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 16 years 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?
