giddo

You might find that because they have had to excavate as part of the building process that installing building retaining walls to maintain stable soil structure on neighbouring properties is part part of the council approval requirements. If this is the case then they should pay, but an agreement between you two can share this cost if this…[Read more]

Hi Milly

To fix the problem of the smoke alarm going beeping when the battery gets low you need to make sure the battery is changed annually (if you dont already do this) A good time to do it is when daylight saviings ends because this is when the weather starts getting colder and the battery will start lose charge quicker.

It is worrying that…[Read more]

I would agree that his would attract the attention of the tax office because the purpose of the arangement is to avoid tax not really for investment. think very carefully about this seek proffesional advise.Enjoy your home and concentrate your investments on other houses. That is my point view on this mattr any way

Cheers
John

I might be getting into this good bad suburb discussion a bit late but I will tell my side anyway. Macquarie fields has been mentioned a bit so I will talk about this area because it is where I work in an emergency services capacity so I get to know different parts of this area well. Also what I will say is about Mac’fields but could be applied to…[Read more]

If the place has termites in it then I would seriously consider if it is really worth buying and compounded with the state of the bathroom you should think carefully about how much this place is really worth.
As has already been said you have to be careful about trying to write capital improvements off as repairs this will ring alarm bells in the…[Read more]

Hi Martine

The main deductions that are likely to make it +ve (after tax) are non cash deductions on construction costs and fittings. There might not be a lot you can claim in costruction costs because of the age of the building but there may be some if there has been some recent renovations. For fittings you maybe surprised how much you can…[Read more]

We are in the Southern Highlands in NSW. About 1 hour south of Sydney along the Hume Hwy

Hi Vyvyen,

I am propably coming in a bit late on this point but dont feel embarrassed about making a low offer. You have the right to make whatever offer you like. On my first house i made an offer of $70K on a place listed at $92K. They knocked back $70K but 3 months later we came to an agreement at $75K we had to start somewhere and so do you.…[Read more]