https://www.propertyinvesting.com/members/amandabs/activity/ Activity feed for AmandaBS. Wed, 15 Apr 2026 00:34:48 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 93ddebd58c42cc60bdb0b3287c0d691b https://www.propertyinvesting.com/topic/4391088-accountants-and-how-do-you-find-a-property-savvy-one/#post-4575591 Sun, 14 Oct 2007 07:59:36 +0000 I'd also support Nancy Keeps.  She can be contacted via our website at http://www.propertydivas.com.au/7ProfServ/Professionals.aspx?cmaid=ebf5ce12-4080-4ac9-89db-8dbe30c88374&cmstat=Profall

]]> 5f5d0eb9e28b33b7d29874f6a2b9dbec https://www.propertyinvesting.com/topic/4391122-how-do-you-find-out-what-a-property-previously-sold-for/#post-4575744 Sun, 14 Oct 2007 07:57:12 +0000 You can also join ABR or RPData and get the figures online.  Well worth the $$

]]> 5bd4f8777f52d1bb7515b937b43e6b2a https://www.propertyinvesting.com/topic/4391114-never-ever-renovate/#post-4575681 Sun, 14 Oct 2007 07:55:33 +0000 The only thing I agree with is "Yes"  that I'm over the reno TV shows but as for doing a reno there's nothing like it!!  We've renovated heaps of houses, kids & dogs in tow, so it becomes a family affair.  Kids just love to smash things so throw them a crow bar and step back.  By day I work as an Accountant ….dressed in skirts, makeup & high…[Read more]

]]> ce522a8feb6c68c752c8ace412eff5d1 https://www.propertyinvesting.com/topic/trusts-partnerships-and-companys/#post-4573023 Fri, 31 Aug 2007 04:27:55 +0000 It looks like Terry has explained things well for you here but if you're after some more info please visit http://www.propertydivas.com.au/3TaxMang/TaxMan.aspx

]]> 43bbeced886413d638eba36ce6fd956a https://www.propertyinvesting.com/topic/4390419-nightmare-subdivision/#post-4571862 Fri, 24 Aug 2007 03:24:53 +0000 Surveyor has been out and re-pegged the area on 23/08/2007.

]]> 77a0779f5756c386e36a9f76993a7334 https://www.propertyinvesting.com/topic/4390565-joint-venture-contracts/#post-4572738 Fri, 24 Aug 2007 03:21:21 +0000 A joint venture is a legal agreement between two or more parties that come together to generate profit. Generally, each party contributes something of value – perhaps assets, cash or knowledge – in return for a share of the net profit.A joint venture is not a partnership, but a separate legal arrangement. Each joint venture is very unique and so…[Read more]

]]> 289ff16ae75d72c1ae872b4094ecf5a3 https://www.propertyinvesting.com/topic/4390493-help-in-kit-homes-needed/#post-4572324 Fri, 17 Aug 2007 06:02:51 +0000 Perhaps you could also consider a removal house?  Its a lot of work if you like to renovate but cheaper than a kit home.

]]> 42827aa003314061f71b0e397daba519 https://www.propertyinvesting.com/topic/4390419-nightmare-subdivision/#post-4571861 Fri, 17 Aug 2007 06:00:06 +0000 Hi JTW,You're game…I don't think we could go through this again with vacant land.  We have others on the go with existing houses which helps with the cashflow, but as all the costs are capitalised on the vacant land its been a huge financial strain.  Will keep this thread going until we have the plans in our hands!!

]]> 500c2c93537f44880aa6d23cfb9705bb https://www.propertyinvesting.com/topic/4390419-nightmare-subdivision/#post-4571858 Thu, 16 Aug 2007 06:17:16 +0000 Just keeping you all up to date we have reached an agreement today with Council that the end of the road will be squared off but will contain the new "T" turn.  This will mean the surveyor will be needed back on site to peg it out again but its better than a rounded culdesac which would cut off any further development.  We'll be retaining 7 acr…[Read more]

]]> b37b667039843c00cd838d0766b48180 https://www.propertyinvesting.com/topic/4390493-help-in-kit-homes-needed/#post-4572322 Thu, 16 Aug 2007 06:07:29 +0000 If you're looking for a traditional/classic style house then have a look at http://www.harkawayhomes.com.au/

]]> 384798c0e85b226326870d536337f9d3 https://www.propertyinvesting.com/topic/4390437-welcoming-our-new-baby-girl/#post-4571928 Wed, 15 Aug 2007 00:15:05 +0000 I think my dogs went out in sympathy with you as we now have 10 new little bundles of our own.  Sadly one is now orphaned so must be bottle fed every 2-3 hours.  Oh how I miss sleep!!

]]> e58524c0656b57ca403745316f6d55f9 https://www.propertyinvesting.com/topic/4390419-nightmare-subdivision/#post-4571856 Wed, 15 Aug 2007 00:12:41 +0000 Couldn't agree more Milly.More drama's yesterday now that the area is going to be road reserve Council has done another backflip wanting more land at the end of the Street so that they can build a 9m culdesac as per the original DA later if they choose!!  I'm furious about this as the Chief Engineer approved the "T" turn and allowed the…[Read more]

]]> cdf2a25b749c56836e1e2f5d366c5cc7 https://www.propertyinvesting.com/topic/4390437-welcoming-our-new-baby-girl/#post-4571926 Sun, 12 Aug 2007 05:11:52 +0000 Wow thats terrific news.  I hope you can have at least a few weeks off "work" to enjoy your new bundle.  I imagine your youngest daughter is a "little mother" and just facinated with the new addition.  You'll be keeping John Howard happy anyway, isn't it one kid each and one for the country!  You'll need a bigger home now…..sounds like more ren…[Read more]

]]> 59bcb3eece428f5f61be273b46e55099 https://www.propertyinvesting.com/topic/4390058-the-saga-continues-or-so-it-seems/#post-4569894 Wed, 08 Aug 2007 06:07:57 +0000 Hi Goldcoastgirl,I think you've been very brave making this thread and then keeping us all up to date.  Its not easy to admit when you've made a mistake but I'm sure you'll read the fine print next time!!Every stumble is a chance to learn….

]]> cf5c519b31652a13745110eee538af3d https://www.propertyinvesting.com/topic/4390403-quantity-surveyer/#post-4571786 Tue, 07 Aug 2007 08:16:12 +0000 Try contacting Matthew Quinn from Catalyst Property Services, they are based in Adelaide but have branches in each state.Here's the link: http://www.propertydivas.com.au/7ProfServ/Professionals.aspx?cmaid=9698e357-b6ce-4e7c-8f1c-d813757e1b53&cmstat=Profall

]]> 5b70b7ac1a2e99d81b1b998c6fc0208a https://www.propertyinvesting.com/topic/4390359-you-think-doing-a-tax-return-is-a-pain/#post-4571543 Sat, 04 Aug 2007 03:51:49 +0000 Hey Elka, try being the family Accountant!  I get the joy of doing all the family ITR's each year….My folks usually hand over their records on Xmas day……..Hey Merry Christmas!!

]]> d3f390c0b7f5cf746560d92df2d1b8ff https://www.propertyinvesting.com/topic/4390366-up-and-coming-suburbs-in-brisbanequeensland/#post-4571576 Sat, 04 Aug 2007 03:46:27 +0000 Thanks for the kind words JTW!!Yes, if you're after property under $300K then look no further than Ipswich.  HUGE development is already underway with many more planned.  The Ipswich city council is eager to encourage industrial business to the area,  hence employment and people need a roof over their heads.  The area is coming off a very low b…[Read more]

]]> d3fa6b77e11632a13c668b2f083b3a16 https://www.propertyinvesting.com/topic/4390273-recommeded-builder-built-new-kitchen/#post-4571022 Mon, 30 Jul 2007 08:24:19 +0000 Try contacting Tom Armstrong, they do flat pack kitchens:http://www.propertydivas.com.au/7ProfServ/Professionals.aspx?cmaid=1a5abfe8-7d2e-4172-affd-1247759d1b4c&cmstat=Basic

]]> f386783a9473c4ab22bd50f286ce128f https://www.propertyinvesting.com/topic/4390332-sewerage-pipe-through-middle-of-property/#post-4571331 Mon, 30 Jul 2007 08:21:00 +0000 Hmm not an easy one as I recall us looking at a property in a similar situation.  We were told that they can use telescope camera's to investigate any blockage, but of course if they need to dig it up then from what I understand you'll have to repair any damage they cause.

]]> 3da7bc62eef5b68832fe948eab824cd7 https://www.propertyinvesting.com/topic/4390333-property-courses/#post-4571334 Mon, 30 Jul 2007 08:16:57 +0000 Hi Vluu,You'll find that Michael Yardney is a member of this forum so perhaps you'll hear from him?He's also written a book titled "How to grow a multi-million dollar property portfolio".  As Raddles said his theory is based around high capital growth property which is usually within a 10klm radius of a major CBD & then drawing down on the…[Read more]

]]> 07be2c725c8b58b3cd99ed05ebcc4e92 https://www.propertyinvesting.com/topic/4390321-selling-ip-into-our-super-fund/#post-4571280 Sun, 29 Jul 2007 05:37:48 +0000 Yes agree with the boys!!

]]> 4b5620f06f7dad1fa2d2ab47efc7f42e https://www.propertyinvesting.com/topic/4385680-my-turn-to-brag/page/2/#post-4548261 Sun, 29 Jul 2007 05:35:58 +0000 Wow this is an old thread!!We've just sold this property for $239K and it settles tomorrow.  Just to good a deal to walk away from!Amanda

]]> 065951d11be668e87b7748346de17085 https://www.propertyinvesting.com/topic/4390241-qld-sunny-one-day-freezing-the-next/#post-4570913 Sun, 29 Jul 2007 05:31:50 +0000 Sounds great Linda, luv to meet for lunch.  Drop me an email closer to the time!  How was the book?

]]> 4a79c8f0df4a104bfc1546902cbd0871 https://www.propertyinvesting.com/topic/4390271-the-old-221-d-tax-form/#post-4571017 Thu, 26 Jul 2007 08:22:13 +0000 I recently started a thread about this topic:https://www.propertyinvesting.com/forums/getting-technical/legal-accounting/4321062

]]> 7cccd47cacb82e27b31e005f02236c13 https://www.propertyinvesting.com/topic/4390241-qld-sunny-one-day-freezing-the-next/#post-4570911 Thu, 26 Jul 2007 08:18:32 +0000 As you know Milly Ipswich is THE place to live, work and invest !!Anni, Glad to hear that you're coming back to the best side of Aus. 

]]> e74b0e4a08fb9a6057bf25523fb63d52 https://www.propertyinvesting.com/topic/4390241-qld-sunny-one-day-freezing-the-next/#post-4570908 Wed, 25 Jul 2007 13:02:32 +0000 Hi Anni,Where abouts are you?Things seemed to have warmed up a little now, but still a few frosts around.

]]> 4950d5fbd91193cf02cad004ee93b06d https://www.propertyinvesting.com/topic/4390224-which-investment-strategy-do-you-recommend/#post-4570804 Fri, 20 Jul 2007 02:23:19 +0000 I'm of the view that your investing "style" really depends on your personal situation, taking into consideration issues such as  time, cash flow and family.  What works for one person may not suit another.  Also as your experience increases you tend to broaden your investing style.  So I'd suggest you start small, keep reading and researching and…[Read more]

]]> 0a3da6e270dc12aaf6e3ee7106975f6e https://www.propertyinvesting.com/topic/4390175-how-to-prepare-accounts-for-financial-year/#post-4570553 Fri, 20 Jul 2007 02:06:04 +0000 Hi Lisa,Glad we could help out.  Depreciation Schedule/Asset register……you've just given me an idea for another spreadsheet I can work on, or perhaps it would be better done in Access !!

]]> 1d25ebf6ee0307719b77620ce10eab47 https://www.propertyinvesting.com/topic/4390194-can-i-terminate-a-contract-without-paying-25-agents-fee/#post-4570660 Tue, 17 Jul 2007 07:50:20 +0000 We actually had someone terminate a contract under the cooling off period several years ago on a property we had for sale, so the .25% was deducted from the buyers deposit.  However we only got half of that as the RE agent kept the other half !!

]]> 9f286292639ff2f94ad0131f718231e3 https://www.propertyinvesting.com/topic/4390194-can-i-terminate-a-contract-without-paying-25-agents-fee/#post-4570653 Mon, 16 Jul 2007 07:02:30 +0000 It looks like this matter is sorted out now, but my understanding of the Qld finance clause is that the buyer  "must take all reasonable steps to obtain finance approval"  I suppose what is "reasonable" is open for interpretation?  Michael I don't think you could ask a finance broker to write a letter saying that your finance has not been appr…[Read more]

]]> e2bfcf04e1817aa635eeff24a0cf145f https://www.propertyinvesting.com/topic/4390175-how-to-prepare-accounts-for-financial-year/#post-4570551 Sun, 15 Jul 2007 02:55:10 +0000 We have an article on our website that steps you through record keeping plus you can download our excel spreadsheet at:http://www.propertydivas.com.au/Downloads/Annual_taxation_reports.xls

]]> 2f3f1cc5a151c07926eaa3af543ee257 https://www.propertyinvesting.com/topic/4390161-deductable-expenses/#post-4570490 Sun, 15 Jul 2007 02:52:09 +0000 Hi Simon,My view is that Q.1 would only be tax deductible if you were in the "business" of property development and bought and sold several properties.  Q.2 is a capital cost, (as is 3 & 4) and will be added to the cost base of the property when calculating capital gains tax if/when you sell the property.  Further reading : http://www.propertydivas…[Read more]

]]> a3d4874f0d93ee21169e80b6accfc7bc https://www.propertyinvesting.com/topic/4390148-capital-gains-15/#post-4570436 Sun, 15 Jul 2007 02:41:18 +0000 To help reduce the CGT  you can contribute funds into your super and receive a tax deduction.  Talk this over with your Accountant first to ensure you're eligible.

]]> 9191f0df2ad4a3e92d782b4fe9865f05 https://www.propertyinvesting.com/topic/4390105-subdivisions-2/#post-4570115 Sat, 07 Jul 2007 02:54:12 +0000 I'd first have a chat with your Council as they all have different procedures but the process is similar.   In the situation you're describing you'll still need to contribute to footpaths around both sides of the whole property, plus upgrade the existing driveway if necessary.  You may also find that even if the existing house has no storm wat…[Read more]

]]> 82d4e4b4a8b15411650190c28c020a96 https://www.propertyinvesting.com/topic/investing-in-regional-victoria/#post-4568892 Thu, 05 Jul 2007 06:57:19 +0000 Hi Saima,Great advice from Marc by the way.  I grew up on a farm in western Vic so know the area quite well.  Its always worth a trip to visit your local Council to investigate whats happening in the area or visit their website http://www.mitchellshire.vic.gov.au/index.asp?h=-1,  perhaps also have a look at the updated ABS statistics online.Do yo…[Read more]

]]> a0ae248e51fb568f2af1ff0fb0b6e181 https://www.propertyinvesting.com/topic/4390108-what-are-peoples-thoughts-on-the-springfield-area-qld/#post-4570151 Thu, 05 Jul 2007 06:45:41 +0000 Springfield is located in the booming Ipswich growth region of SE Qld and is a new masterplanned community.  It is anticipated that Springfield will be home to 60,000 residents by 2026.  Recently the first stage of the Orion shopping centre opened and when complete this will be Australia's largest shopping complex.  The new University opened th…[Read more]

]]> c6581273e59cab0d21e8927edf30a5b9 https://www.propertyinvesting.com/topic/4390105-subdivisions-2/#post-4570111 Thu, 05 Jul 2007 06:27:54 +0000 The following is an extract of a document off our website that explains further about subdividing:What is Subdividing? Subdividing is when a piece of land is split into two or more pieces (ie separate lots). The process is controlled by the local Council. Planning codes and procedures vary significantly between Councils and also between States and…[Read more]

]]> 239d17f19b5b081d8f612301a9832dce https://www.propertyinvesting.com/topic/4390003-magazineemail-subscription-suggestions/#post-4569608 Sun, 24 Jun 2007 08:24:05 +0000 "Your Investment Property"  seems to be produced by the same publisher as "Your Mortgage".  Shelf price is $9.95, but you can subscribe for 6 issues at $29.95.  Have a look in your local newsagent.  Similar format to API.

]]> cfb8113b362d6ab8f29e726fa7c54e50 https://www.propertyinvesting.com/topic/4390008-recording-expenses/#post-4569631 Sun, 24 Jun 2007 04:23:29 +0000 Hi Zayne,Yes we have several free templates available on our website and here's a link to the Annual Taxation Reports Excel spreadsheet.http://www.propertydivas.com.au/Downloads/Annual_taxation_reports.xlsCongratulations on your first IP.

]]> ec682121cf0a1ae246abda75ae5fc229 https://www.propertyinvesting.com/topic/4389981-looking-for-accountant-managing-self-managed-super-funds/#post-4569546 Sun, 24 Jun 2007 04:18:43 +0000 If you're in Qld I can help just drop me a line.

]]> f51de8042306e3750fac425129793c0f https://www.propertyinvesting.com/topic/4390005-land-3/#post-4569622 Sun, 24 Jun 2007 04:17:12 +0000 I agree with Millions that any of those wedge shape blocks at the end of the culdesac look best.   They also look elevated?  Hey Jaffasoft maybe I'm getting old but the numbers are very small so I'm buggered if I can see Lot 20.  By the way it looks too green for Toowoomba.  Care to share where the location is?

]]> d522c6d6faefc742191eaf6c8638af73 https://www.propertyinvesting.com/topic/4390003-magazineemail-subscription-suggestions/#post-4569606 Sun, 24 Jun 2007 04:09:29 +0000 The obvious answer is you need to subscribe to Property Divas of course!! Otherwise there's a new magazine out called "Your Investment Property" well worth a look,  plus Michael Yardneys free newsletter at Property Update or Kirsty Dunphey produces an inspirational weekly email.

]]> c5ed66dce3f027f2b79918afc73163c4 https://www.propertyinvesting.com/topic/4387100-very-interesting/#post-4556036 Thu, 21 Jun 2007 01:20:15 +0000 Hey a very old post but still as funny today. My favourite was No. 14.

]]> 41a14067ce76138f4fbf6931d454a631 https://www.propertyinvesting.com/topic/4389960-trust-company-tax-question/#post-4569471 Thu, 21 Jun 2007 01:15:16 +0000 Hi Jason,All profits from a Discretionary Trust must be allocated each financial year against the trust beneficiaries, at the discretion of the Trustee, which in your case is the company.  However this can be done via a journal entry by your Accountant and doesn't actually need to be paid directly to each person in cash.  Any un-drawn trust di…[Read more]

]]> 7bc30888c0e32e22be0d6cb484802361 https://www.propertyinvesting.com/topic/4389958-advice-for-sister/#post-4569465 Thu, 21 Jun 2007 01:01:38 +0000 Yes I tend to agree with Marc that most people adjust their lifestyle to suit their income.  Attached is a link to our Family Budget Planner Excel spreadsheet which may be of help for them.http://www.propertydivas.com.au/Downloads/famiy_budget_planner.xls

]]> e6deae64316408e82f29bcffb5f5e0e7 https://www.propertyinvesting.com/topic/4389976-quantity-surveyor-in-mildura-region/#post-4569530 Thu, 21 Jun 2007 00:56:03 +0000 Try giving Matthew Quinn a call from Catalyst.  They are based in Adelaide but have branches Australia wide.  Here's the link: http://www.propertydivas.com.au/7ProfServ/Professionals.aspx?cmaid=9698e357-b6ce-4e7c-8f1c-d813757e1b53&cmstat=Profall

]]> e7acee8a67fb2c54310f79e471c079fd https://www.propertyinvesting.com/topic/4389844-deductions-on-purchasing-costs/#post-4568994 Fri, 08 Jun 2007 01:22:25 +0000 Hi Troy,The following is an extract of a document off our website that should clear things up for you:BORROWING COSTS  Under Section 25-25 of the Income Tax Assessment Act you can deduct expenditure incurred for borrowing money, to the extent that the borrowed money is used for the purpose of producing assessable income.  What is classed as a B…[Read more]

]]> 86e46c0134b8c40b6d969d2770638d76 https://www.propertyinvesting.com/topic/4389831-new-home-page-what-do-you-think/#post-4568948 Fri, 08 Jun 2007 01:16:07 +0000 Very modern, I like it!

]]> e2ce51583241b26bcd6c4ab9aa8667f9 https://www.propertyinvesting.com/topic/4389784-subdividing-basics/#post-4568353 Fri, 08 Jun 2007 01:09:07 +0000 <font color=”#000000″><font face=”Times New Roman”>Subdividing</font></font><font face=”Times New Roman” color=”#000000″> </font><font color=”#000000″></font><font face=”Times New Roman”>What is Subdividing</font><font size=”3″><font color=”#000000″><font face=”Times New Roman”>Subdividing is when a piece of land is split into two or more pieces…[Read more]

]]> 8b92f47e48bf8d47edcf4ce16d8cdbcc https://www.propertyinvesting.com/topic/4389784-subdividing-basics/#post-4568353 Fri, 08 Jun 2007 01:09:07 +0000 Subdividing What is SubdividingSubdividing is when a piece of land is split into two or more pieces (ie separate lots).  The process is controlled by the local Council.  Planning codes and procedures vary significantly between Councils and also between States and Territories, as do the relevant fees and charges.Factors to examine when co…[Read more]

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