The long answer is Yes you can! It would be deemed as capital improvements to the property in the form of a fixture and you would propably even be able to depreciate it as well. A quick call to a Quantity Surveyor such as BMT Tax Depreciation in any one of their national offices will give you the answer real fast!CHEERS!TC

G'day Sparkys.At $4000 and 6 weeks for a Cert IV in Property (Real Estate) sounds like you want to do it in SA. I have completed the Cert IV for the knowledge and can tell you categorically that the ONLY true way to learn the tricks and ropes of a REA is to be one. I did for a few months, listed and sold a few houses, and I learnt more in 1 week…[Read more]

G'day Oeb!Alright, some curve balls but here goes.Firstly, if the money is not in dispute as far as being given to you then the now ex Mother-in-law is within her rights to place the caveat on the title.Secondly, a caveat can only be removed by lands title office by either the complainent and/or a court order.Thirdly, you can sell a property with…[Read more]

Hi Nonnie.You are not the first to ask about Whyalla and it leads me, like every other time, to ask,"Why Whyalla?"I work regularly up the golden triangle of Whyalla, Port Augusta and Port Pirie. About 5 years ago the locals in Whyalla were saying' "the last one to leave please turn out the lights!" Alot has changed in this time but Whyalla as a…[Read more]

Here is his personal email: anthony@legalandfinance.com.auCHEERS!TC

Hi again Akuma.Tort breaches is the Civil equivilant of a Crime. In other words, let's take the Tort of Negligence: whereby a crime as defined under the Criminal Code has not taken place but, rather, a Civil crime or tort, whereby due to ther negligence (or in your case Fraud) someone has been harmed and has lost health, money, future, etc. In…[Read more]

Hi BardonYou can apply an Lease/Option to Buy contract into place for just about any residentail property.Over simplifying the process, the Vendor or a Buying Agent finds a Purchaser who agrees to buy the property at an agreed price in todays money at a date further down the track, i.e. H&L worth $500K. The Vendor agrees to sell to the purchaser…[Read more]

Hi Akuma.I am a lawyer and would suggest, based on the information you have provided, that you must speak to a lawyer. Your situation sounds complicated but with the courts and ASIC already involved I am under the impression that the company in question dealt fraudulantly with you? Under the Corporations Act 2007 and the Criminal Code (Cth), no…[Read more]

Hi YobboOK, do NOT pay this rabbit!I am a lawyer and I suggest you pay a visit to the ACCC Australian Competition and Consumer Commission. The ACCC is the federal government's watchdog and the ACCC police and enforce compliance with the Trade Practices Act 1974. As per your description of above you were 'diddled'. No one who is licensed or…[Read more]

I don't understand alot of the lay public who don't understand the enormous benefits of utilising the advice and help of professionals – particularly when they're free of cost and obligation. Look at Mortgage Brokers for instance: must be licensed, have the required educational qualification and stick to strict codes of conduct. They're FREE…[Read more]

I like how you think Derek.CHEERS!TC

Just sounds like all the same <moderator: delete language> you get from all those east coast wealth creation companies like ABC, Premium Finance Services, Ironfish, Optima Equity Solutions that fly you interstate to flog you one of their investment properties. BTDT, not interested!CHEERS!TC

G'day Lamp.NRAS is magic!It's a government scheme that provides an investor with a financial incentive of more than $91000 over 10 years TAX FREE!. Often, NRAS makes it possible to turn brand new properties into cash flow positive properties, including all the running costs associated with the property whilst receiving $35 – 45000 of tax benefits…[Read more]

G'day Judd.Yeah Interest only and offset accounts rule for IP. Terryw has given you sound advice so get rid of your existing P & I loan on the IP and make better use of your money!CHEERS!TC

Hi Daniel. Yes the plan sounds fairly solid but don't know your level of purchasing power ie borrowing capacity. Anyway, I live in Adelaide's southern burbs and lived over 20 years in the northern burbs. Now, are you looking for cheap or inexpensive? If it's cheap, checkout Davoren Park – ex SA Housing Trust semi-detached (duplex) house and land…[Read more]

G'day to All!My name is TC and I live in beautiful south Adelaide on the beach. I'm a lawyer and heavily into property investing. At my age (nearly 50!) it's good to come to forums like this to impart my accumulated knowledge for the benefit of others. Ask, if I have answers and can help, ye shall receive!It is truly a great feeling helping others…[Read more]

G'day Judd!Have you ever heard of a family pledge?: Most people haven't so here goes!A family pledge is where, for an example, a young single or couple are trying to buy a first or subsequent property but either lack equity in an existing property or simply don't have enough of a deposit. Here comes the magic of a Family Pledge. In the above…[Read more]

G'day MrMonopoly.Q1. A. YES!Q2. A. YES!Q3. A. NO, but i'm sure someone else will help you with that!PS: Have yourself a great time in the UK.CHEERS!TC

The long answer is YES!CHEERS!TC

WOAH there intrigue!TAKE 2 SIPS, 6 DEEP BREATHS AND HOLD ON cause I may have a solution other than diazepam!<moderastor: delete advertising> stop being like the proverbial dog chasing its tail and try to get some advice from the professionals – advice that's specific to you!I hope you haven't had a meltdown and you find some rock solid,…[Read more]