Quick question: is the hiring for furniture tax deductable if selling IP is your business?

We also ended up ordering a Freedom kitchen, which works out to be around $8000 incl all demolition, kitchen itself & installation. Minimum fuss, and we’ve since used the same installer for a few other jobs [biggrin]!

[inlove] We are REALLY happy with it!

We weren’t happy with the flat pack ones we’ve seen.

The other option would be a kitchen…[Read more]

My little contribution[happy3]………

We are a one car household as well. It’s tecnically MY car (which came as an accessory into this relationship), a Toyota Corolla Ascent 2004 Hatch.

I love it. Easy to drive/park, cheap to run/maintain, and we can fit EVERYTHING in it (believe me, I’ve gone on the road with bands on tour: it’s amazing how…[Read more]

Originally posted by CCINVIC:
……… We have been told that in QLD you have to pay stamp duty again together with my husband having to pay capital gains not like in Victoria where you can just transfer it over for a minimal fee. [confused2]

[blush2] Correct me if I’m wrong, but I have been under the impression that we (in Victoria) have to…[Read more]

Oooh, that’s sounds like a contact I need!

Could I also have his details if I PM you, Steve?

Shelley

Thankyou, everyone, for your suggetions!

Yes, the CGT issue is indeed what’s been holding us back from buying my Dad’s share. He is not retired yet but will be within the next decade. He probably would not qualify for pension (too much assets, not enough super etc) so he never counted on it.

Re bathroom costing 20k….that’s a generous estimate.…[Read more]

Just thought I’d provide a little bit more information about this situation, and a brief history about this property…….

In ’99, I got out of an abusive relationship with enough savings of my own. Not wanting to move back with my parents, I bought this property with 20k deposit (costs $190k), except I had trouble getting a loan, as I was only…[Read more]

First of all, let me thank everyone who took time to read & reply my first official thread [blush2]…..!!!

Originally posted by Stuart Milne:

Convince him to transfer the property into a Discretionary Family Trust with him as the Trustee, and not a named beneficiary. Then have the Settlor sack him as the Trustee and install a Corporate Trustee…[Read more]

Great topic & great replies [thumbsupanim], as always!

We have sort of been down that decision process, though our situation slightly differs.

We (my partner & I) are living in my former IP (bought ’99, with my father, whose name is still on the title/mortgage) , located in inner bayside Melbourne. It’s a 2 BRM ’60s flat (reno just completed,…[Read more]

I’ve used someone to re-enamel our bath tub (when it was rented out as an IP).

They are called Nu Pride; in Canterbury VIC (but I can’t remember how much we paid). Two years down the track, it still looks new.

It’s definitely a good, temp solution until you are ready to reno properly [happy3].

If you do a search on buyers agents, or the two specific agencies, you should find responses as the question has been asked before.

Hi Everyone,

I’m new to this forum & have not yet figured out the search function yet [blush2]………..

Could I trouble anyone to post a link, or show me how to search for specific things…? Pretty please….?