Hi the crest,Oops!.., don't know why it did'nt post.It seems like we are in the same postion "need to change accountant".My accountant has looked after our business for 8 yrs and my parents for 20+ yrs.He has work together with our family for a long time, and known him to be as a member in the family."Yes" I feel same in your situation gui…[Read more]
This report has given me a indication of the price range, thank you soooo much!!!!!EXCELLENT work!! Speedy prompt service. .Once again thank you, hope to do business soon…..Will highly recommend you to my family and friends…
Hi Micheal,I have purchased a block of 2 units before and done huge reno to the property.But I have'nt purchase anything on a 10% dep B4 using my dep funds from a equity loan.I have read plenty of books and attended property investing seminar they all have the same quotes" Savers are Loser" us other people money to make money.I have tired to…[Read more]
Congulations on joining the forum,I am the same! long time reader, post for the first time yesterday.Justifying using the "Absence Rule"The 'six-year absence rule' is simply a choice.You don't have to have a good reason for your absence, such as being transferred in your job. Section 118-145 simply says in subsection (1) "If a dwelling that was…[Read more]
Thank you for your helpful replies,My 2 previous IP is with Westpac. I took a $120,000 equity loan from my first IP with westpac.to fund a deposit for my next IP which will be with CBA.This time I am interested in purchasing a block of units which I only have enough for a 10% dep + stampdutyWe are looking for reno block of units,hopefully to only…[Read more]
Hi Anthony,I am new to the thread,I once was interested in the US property market, I think you have to do your due diligence's very carefully.Things you have to considerUnemployment is very high in the US comparing to Australia. Rental is very competitive over there, you have to consider tenants moving in and out of the property in short term…[Read more]