Hi Boshie, as you’ll be moving too, will you be getting a job as well or staying at home? What is the situation with childcare should you return to work? Can you get a p/t job over there?

Can you then direct all these funds to paying off your credit cards & other loans?

It will make little difference in the end. The selling price is not adjusted because you paid gst, purchaser doesn’t care. Whether you claim the gst inputs will affect your gross profit or cgt payable.

By redrawing Emerald you may be contaminating the loan with non-deductible debt.

Don’t discount the TAFE system either but it all depends on what you need to learn

Get your accountant & solicitor in a room at the same time. Run through your expectations & outcomes then let them discuss the details, pros & cons.

Getting back to the original question. The agent is generally entitled to their commission once the contract goes unconditional however they only get paid when the property settles – two different events.
If the purchaser pulled out during the cooling off period the vendor is entitled to 0.25% of the purchase price (in NSW). The secondary event,…[Read more]

More often than not RPD subcriptions only name the owner not provide address details.

If they pass away from food poisoning they cease to be your problem

If it is a commercial project worth over $10 m then its probable if it is your house extension then you might ask for a statement of assets & liability.

as they say: oops

xdrew, these things aren’t nursing homes or retirement villages that have management they are smaller unit style developments under SEPP 5 where there are no facilities or common rooms, just a unit in areas with transport, health services etc but are zoned 2a not medium density.

Kempezy, what is a shack community? Is this a recognised group of squatters who have built humpies then been granted title to the land?

Have you built the room?

Does the agent know it is is 3 bedroom house now?

Has the agent updated the adverts?

Has it helped the sale?

One of  my colleagues have used serviceseeking.com.au with good results, everything from plumbers, chippies, gyprockers painters etc.

One of  my colleagues have used serviceseeking.com.au with good results, everything from plumbers, chippies, gyprockers painters etc.

One of  my colleagues have used serviceseeking.com.au with good results, everything from plumbers, chippies, gyprockers painters etc.

You make no mention of depreciation on either of your properties yet the "Narangba" property is new. There should be some mileage in revising the depreciation for both of these assets and getting amended tax returns submitted through your accountant. 

My calculator gives you a $7.5k loss as well (more if you haven't taken up any depreciation) -…[Read more]

Most companies will allow you to package your salary. Why wouldn’t they allow it?

You might even benefit from a lower tax rate

Yes, however you will be clearing out your offset account (or leasing a car as part of your new package with your employer), so you will either reduce your taxable income by paying more interest (less from offset) or additional deductibles (car lease).

He might just check out his neighbour's goat

Not as good as this one: Sandy Island – New Caledonia

It must have been low tide when Google spotted it!