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  • Profile photo of Wadey88Wadey88
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    @wadey88
    Join Date: 2012
    Post Count: 4
    September 22, 2012 - 3:52 am

    I purchased with Property Wizards and though it was my first buy with nothing else to compare to, I'd say over all was a good experience, especially given that I was working overseas for the majority of the search/inspect/offer period. Could have been much worse I imagine.

    Profile photo of Wadey88Wadey88
    Member
    @wadey88
    Join Date: 2012
    Post Count: 4
    September 22, 2012 - 3:43 am

    Time to accountant up I think.

    Thanks again for the reply!

    Profile photo of Wadey88Wadey88
    Member
    @wadey88
    Join Date: 2012
    Post Count: 4
    September 22, 2012 - 2:44 am

    Thanks for the reply.

    Definitely plan to adhere the FHOG, plan to carry out some renovations while living there anyway.

    I was just wondering whether I should organize a depreciation schedule, etc for the 8 months or so it'll be tenanted.

    My main confusion was as I was buying with a FHOG (not granted for investment properties) was would I be excluded, but I think you've answered. I'll really have to find an accountant I guess… I used an advocate and everything for this purchase… If its seen as an investment for the lease period, I might be able to claim a few things..

    Thanks again

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