No time to smell the roses in Sydney because the polution has actually killed people’s sense of smell.

[]
James

Lisa,
The last time the Coalition was in power prior to 1996 was 1975-1983. A very different economic climate and very different economy to the one we have and are faced over the last 7-8 years.

From a very centralised, tightly controlled economy, insulated through fixed exchange rates and a regulated banking system we have transformed ourselves…[Read more]

Marisa,
Yes, you can. But not without incurring stamp duty.

James

BigMikey, have you done this before?? Sounds great in theory…hopefully in practice too….

(Do you mind if I use this one??)

James

Blondie,
Speaking as a guy, i don’t think it was the uncomfortableness of the couch that he was worried about.

Good luck to both of you

James

How does a government cut $5b in spending, whilst we are wanting better health facilities, education etc, whilst reducing taxes……

Everyone wants to go to heaven, but no-one wants to die!!

James

Leigh K,

Some sites are

http://www.deppro.com
http://www.depreciator.com
http://www.washingtonbrown.com.au/site/index.cfm

They all give guaranatees as to the results of their TDS.

James

Blondie_bec,
Look at first post in this section. It has a link.

James

78 is my best one-off score.

James

Actually in hindsight, I think these covers will not assist me to successfully complete the ironing task without some major mishap.

…Now maybe if I can get an ironing lady like Carmen Electra, now that would be something!

James

FYI, if you reduce your credit limit to get finance and then you want to increase it again. Understand that there will be a hit on your credit history by the lending organisation for the increase request.

James

No firewall protection advice here. Maybe future respite for all of us though.

http://afr.com/articles/2004/03/11/1078594460515.html

James

Thanks Verity,

Just wanting to know more about the process more than anything else so when I come to do this next year, I know pretty much how the bank operates.

Would rather put in a valuation which is fair and reasonable, get finance (hopefully) through and get on with next IP. Seamless as possible.

James

Skippygirl,

Why do you say ‘never do negative gearing’?? Is this a part of what John Burley is saying.

James

I would be interested to see the fall-out if they can’t get out of their contracts. Not sure it will quite as dramatic as you put it qwerty (that name is easy to type!!).

James

Thank you both for your contribution.

Verity, a follow-up question if I can. I have access to APM….and for the postcode, property type etc, it gives you a low, median and high price.

Not looking to revalue my place at anything above what it is worth, just wanting to maximise it. Does the bank look at these figures and say, yes it falls…[Read more]

Leighk,
A QS will usually ask questions about the premises you are looking at having the work done for and will give you some guide.

Many will give guarantees that the claimable depreciation is more than the cost. Of course it will need to be, because the despite being a deduction, you only get say if you are on the top tax rate, effectively…[Read more]

Esier said than done. Do a search on valuations on this fourm – there are many opinions/suggestions in this area.

https://www.propertyinvesting.com/forum/topic.asp?TOPIC_ID=5376&SearchTerms=valuations

James

Close to exhausting my finances to absorb another negative geared propoerty, so I am carefully looking at property in population growth centres. With the desire to be at least neutrally/positively geared with exapanding infrastructure, industry.

Not easy though.

James

Everdine,
How much are you talking about. $10 per week? More?

Sometimes, a slightly below market rental is the best incentive for the existing tenants to remain.

If you assume two weeks vacany when tenants move out, the increase (if it pushes them to move), is eaten up well and truly.

I would be more inclined to pressure an agent to ensure…[Read more]