PropertyInvesting.com - Legal & Accounting

Posts in the Legal and Accounting Forum

Administrator — Thu, 29 Apr 2004 09:27:18 +1000

Please Note: Posts in this forum are not a substitute for specific legal or accounting advice.

Unless stated otherwise, posts are opinions made by unqualified persons and should not be relied upon as being correct.

Accountants Melb

JNR3810 — Sun, 07 Sep 2008 18:13:59 +1000

Normal 0 Hi All

The bank won't add my name to the loan :(

not_so_lucky — Wed, 03 Sep 2008 11:31:18 +1000

Hi all
I hope I am posting this in the right section...
My partner and I are planning on building a house on his block of land. However, the bank won’t let me have my name on the loan as I don’t have any assets and they want to protect me in case it doesn’t work out between my partner and I... that’s what they said anyway...

Starting Out In Property Investing

LnM — Mon, 01 Sep 2008 00:02:29 +1000

Hi,

I'm new to this site, in fact, just registered a few minutes ago.

Anyway, I've just finished reading Steve's book... 0 to 130... and it stirred a lot in me particularly in the area of postive cash flow property investing.

Turning Private Property into Investment Property

AnthonyJF — Thu, 28 Aug 2008 16:39:00 +1000

My fiance and I plan to purchase a new property to live in within the next 12 months and plan to rent out our current residence.

The mortgage is very low in comparison to the value of the property so we have a massive amount of equity available and the rent will be significantly higher than the mortgage repayments.

Converting long term rental to short term

ctrunfree — Thu, 28 Aug 2008 00:23:54 +1000

we are contemplating changing the way we operate the rental apartment we own in inner Melbourne. It is currently rented unfurnished on a long term lease basis. We would like to change it to a furnished, short term lease arrangement when the current lease expires so that we can use it when it is not occupied.

Bonds, tenancy terms, advance rent and ending a tenancy

mulloway — Wed, 27 Aug 2008 11:41:09 +1000

This pages summarises the various state and territory laws in Australia regarding Residential Tenancy Acts.

It shows amount of bond you can ask, how much advance rent, notice to vacate periods and links to the state bodies handling disputes.

Being sued and want to purchase IP

bushtucker — Wed, 27 Aug 2008 00:02:22 +1000

Hello guys,

I am currently being sued however I have had a cheap opportunity arise for an IP. Is there a way I can obtain this property via a protection method and is there a way to still claim a tax offset via negative gearing?

Need a property lawyer & accountant in Adelaide

monopoly99 — Tue, 26 Aug 2008 05:46:12 +1000

Hi! Would anyone be able to recommend a good property lawyer and accountant in Adelaide? I'm planning on making a purchase there and I want to get some good advice on how to structure my portfolio, and protect it.

Can IP become PPOR?

Cattleya — Mon, 25 Aug 2008 12:59:05 +1000

Hello,

Just 2 quick questions please:
1. I have an IP, but need to move into it. Does that mean it will become my PPOR?
2. How long do I need to live in an IP property to make it my PPOR?