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sonyasal
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May 28, 2010 - 9:34 am
You also haven't mentioned if you are an only child or not. If there are other children then what your mum chooses to do may also impact on them in the future. If there are other chidlren in your family? if so, perhaps they should also be a part of this decision making process. If you continue to live in the townhouse after the passing of your mum, this may become complicated when other siblings need to be considered. ( Of course, if you are an only child then this would not be an issue)
sonyasal
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May 28, 2010 - 9:26 am
Aren't section 32 only a Victorian 'piece of paper'. We don't ahve these in NSW. Where is the property?
sonyasal
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May 25, 2010 - 11:31 am
oh look while we are talking dreams i want a five bedroom house, two bathrooms, inground saltwater pool, couple of acres for some horses for the kids and helipad to be able to travel to anywhere that i want to go without having to sit in traffic for hours

sonyasal
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May 25, 2010 - 8:34 am
Brutal but fair, why should we be asked to fund someone's extravagant dream when we, ourselves in all liklihood do not live in such a property. I have a suggestion for ELJ, How about you learn a thing called delayed gratification and wait until you can afford such a home. In the meantime I suggest getting a job and formulating a budget and sticking to it so that one day you may achieve your dream. Meanwhile I will be working to achieve my own dream and helping my children achieve their dreams.
sonyasal
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May 24, 2010 - 8:31 am
You can of course buy a vacant block to put the house on. YOu would need to check with council regulations to ensure that the external structure of the house fits with the area that you want to relocate to. Costs are usually $40K plus to move the house depending on the distance to travel, number of sections, whether you need to replace the roof etc. Then there are site costs, connection of service, landscaping etc.
sonyasal
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May 24, 2010 - 6:51 am
Check to make sure that the population is growing, talk to the local real estate agents to get info regarding current vacancy rates as well as demand for houses in the area that you are looking at with the facilities they have. IE, What demand is there for a 3 bedroom one bathroom house with a carport in street XYZ?
They will be able to give you an idea as to whether this street or area of town is in demand, whether it is harder to rent, tenants are problematic or whether this area is popular and problem free.
cheers
Sonya
sonyasal
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May 24, 2010 - 6:46 am
I would double check this with the ATO, As I have mentioned in previous posts, I have a friend who has had international students boarding in her home for over two years and when she spoke with centrelink (she gets family tax benefits) they told her that the boarding payments were not classified as income.
I had a boarder living with me for twelve months before i had my childern and i also had a friend living with me and 'paying rent' for two years and I was never required to pay any tax on this money. this was ten -13 years ago, not sure if the rules have changed.
sonyasal
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May 22, 2010 - 10:52 am
So if i got a rams loan in december of last year is my loan owned by westpac?
sonyasal
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May 22, 2010 - 7:16 am
one of the reasons to invest in different states is to avoid paying land tax in each state. At the moment there are a number of areas of Sydney that have good potntial for capital growth and some of these areas may also have newer purchasers who may be in financial stress with recent interest rate rises.
sonyasal
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May 20, 2010 - 11:39 am
i should have paid more attention to where the posting was, sorry
sonyasal
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May 20, 2010 - 9:25 am
Where's toto OMG, is that the dog's name?? haven't watched the movie in a while
sonyasal
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May 20, 2010 - 8:52 am
Are you even in Australia?
I thought this was an Australian based forum.
Do these changes have anything to do with Australian properties?
sonyasal
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May 20, 2010 - 8:50 am
I don' t like your chances, you are not offering anything in return to anyone
sonyasal
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May 19, 2010 - 11:11 am
Hi, Leeton NSW
sonyasal
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May 19, 2010 - 10:26 am
Not sure where you are looking D?
sonyasal
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May 19, 2010 - 8:51 am
I know different people have different investing strategies, i have just signed contracts on a 2x2bed units with carport for $180K returning a total of $260/week. Could easily be $280/week, vendor has kept rent lower because they are good tenants.
sonyasal
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May 19, 2010 - 8:22 am
Hi My PM Is Robyn at Lakeford Real Estate.
Cheers
Sonya
sonyasal
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May 18, 2010 - 12:15 pm
This is a bit of a 'grey' area. My friend has students rent rooms in her house and for taxation purposes and as far as centrelink goes the rent they pay is not seen as income. i am not sure who you would need tp speak to to clarify this issue.
cheers
Sonya
sonyasal
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May 18, 2010 - 7:19 am
Comeon TLC, you need to get a wriggle on if you want to have another 5 CFIPs by December 2010 Where are you looking to buy?
sonyasal
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May 17, 2010 - 10:29 am
I have one in O'keefe place and the other is in High Street. I have a great property manager and have had no hassles at all. Both were tenanted as soon as I settled, previously owner occupied. O'keefe has ahd same tenant since December 2008 and High street I only bought in February this year.
cheers
Sonya