Leo,Agree with you. He maybe a pain, but at least he does something about the sprukers and maybe saving some people from financial ruin. It could have been one of us if we were just starting out.

Linar,          Thus, once you have finished claiming your IP deductions over time and payed off your loan ( all in your name ) since you are the one with all the income and wife without. You can then transfer half to your wifes name without paying CGT.          Then get another loan for an IP in your name ,again , and do the same so to speak ???

stargazer,                  Go to tech and do a painting course. Start up a painting business. Always jobs for painters.

Boshy888,                   I had something similar once. I went to buy a house and the council said they had no inspections done for the steel work etc in the foundations and walls ( it was in a cyclone area ), thus wouldn't give the go ahead. But said they had some magnet or something to clarify it had some steel in it but couldn't say…[Read more]

mantismm,                    Not until you sell it or until you build on it and rent it out.

wezwas,               Hi, it sounds like I touched a nerve with my posting. Sorry to upset you.I posted it to show that you don't have to pay for software to win at the races or any other betting, you just need to have a plan that will give a result in the end as long as you stick to it.               I didn't say it's what I do now.As C2 says ,…[Read more]

SHales,              I also lived in Townsville for a few years and hated the heat ( do you know there is a suburb in Townsville called Heatley ).             But the winter is beautiful and the town is great, it would be perfect if it was over a 1000km south.O yes, I have a house there and its rented ( my brother also ), we purchased back in ear…[Read more]

NOS1          re CGT. Unsure of your position, but you can only have one PPOR at a time, so if you currently live in another house thats yours then CGT is payable ( you can say which house has the less gain for CGT ). Or if you are renting then there is no CGT.You will need to get a valuation done on the house if you sell it to you partner…[Read more]

NOS1          Nothing to stop you.But what price are you going to sell it for, you may also be up for CGT etc.Maybe you could sell half to your spouse to reduce costs ?

Lachlan,               Doesn't sound like a good idea to me. Why would your friend want your name on his half of the house? Are you going to marry your friend? And if you decide not to pay the bills then your friend will have to pay the lot !

denise1,               

My theory is you don't have to pay ( or very little ) if it was your PPOR. But, since its an IP you need to pay 50% of normal costs. Maybe I'm wrong? It maybe different for different states.

denise1,               

My theory is you don't have to pay ( or very little ) if it was your PPOR. But, since its an IP you need to pay 50% of normal costs. Maybe I'm wrong? It maybe different for different states.

denise1,               My theory is you don't have to pay ( or very little ) if it was your PPOR.But, since its an IP you need to pay 50% of normal costs. Maybe I'm wrong? It maybe different for different states.

Tony B,             Sorry, I have to say this. Will you please check your spelling, I enjoy your posts but please read them before posting.How many ways can you spell "Recession" ?

Tony B,             This is the latest today.http://www.news.com.au/business/money/story/0,28323,24995663-5013951,00.html

Scamp,              The forum was getting boring until you came back and set it alight with discussion and ideas from both sides, its great to hear both sides of the arguments.                Thanks for all inputs. I'm sure there are lots of readers like myself who are interested in hearing from all the forum participants.

TerryW,             When I was a young fellow I used to sit down and look at the tips and results of horse races. After lots of thinking I decided I could win. So off I went to the races and won. Then I tried again and got tied of waiting for the race to start so went home just before the last race with no win and yes you guessed it my horse won t…[Read more]

jparry1,            OK. Now let me answer your question this way. I will refer to the stock market.    If I purchased shares over the last year or so and have made money today, then you could say " It's always a good time to buy shares ". But that would be crap.As per your statement.

krgambling,                     I have the same question for a townhouse in Sydney, I am currently investigating this, we have a heat wave at the moment ( but it will be over before the air conditioning is installed ).                    The tenant actually offered to pay for one and install, remove and make good if leave.                        …[Read more]

jparry1 ( real estate agent ).If you believe above. Then the tooth fairy will buy property off him.