PropertyInvesting.com | Figc | Activity https://www.propertyinvesting.com/members/figc/activity/ Activity feed for Figc. Tue, 14 Apr 2026 22:30:40 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 d02e024c0dcb20e88afb039184957c3b Figc replied to the topic Negative Gearing - Tax Experts in the forum Help Needed! https://www.propertyinvesting.com/topic/4989888-negative-gearing-tax-experts/#post-4989896 Tue, 29 Apr 2014 10:32:37 +0000 Thanks. But that’s not what I was asking.
Just want to know if I  can negative gear as I might not receive rental income this financial year

]]> efe6aedbcd64bf754a979d01cb207c4e Figc started the topic Negative Gearing - Tax Experts in the forum Help Needed! https://www.propertyinvesting.com/topic/4989888-negative-gearing-tax-experts/ Tue, 29 Apr 2014 08:21:59 +0000 Hi,
 
I have investment Property which I have been unable to rent/lease yet this financial year as I have been arranging finance and negotiating with builders for renovations on the property to bring it to a state where I can lease it out again.
Its currently being renovated.
It should be available for rent by the end of this financial year so…[Read more]

]]> ba9fb06bac07120e35e668fce8e5b651 Figc replied to the topic Reno or Develop - please help in the forum Value Adding https://www.propertyinvesting.com/topic/4410388-reno-or-develop-please-help/#post-4697129 Sun, 19 Jan 2014 04:33:28 +0000 $50K included council fees, demo, plans and permits etc.

I have decided against this as finances would be to stretched.

the house is almost a writeoff but can be salvaged with $100K

]]> 1e5a83de71d734adceb8e6bc6313115f Figc replied to the topic Reno or Develop - please help in the forum Value Adding https://www.propertyinvesting.com/topic/4410388-reno-or-develop-please-help/#post-4697126 Tue, 14 Jan 2014 11:08:25 +0000 Hi all. After meeting with a couple of carpenters/builders they were shocked with state of property. Front of house is ok…. Back which includes kitchen, bathroom  is pretty much right off and floor joists also need to be replaced.

Looks like will will need min $70k to get somewhat up to scratch and $100k for better result.

question is given…[Read more]

]]> 02f92a7cfb5002a6106335dfe30fc358 Figc replied to the topic Negative Gearing in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4405299-negative-gearing-16/#post-4659620 Wed, 30 Nov 2011 08:48:10 +0000 Does this answer my question. Taken from ATO website.

Expenses prior to property being available
for rent.
You can claim expenditure such as interest on loans,
local council, water and sewage rates, land taxes and
emergency services levy on land on which you have
purchased to build a rental property or incurred during
renovations to a property…[Read more]

]]> 1cfed815b0d509db53c0ccd691dfecc7 Figc replied to the topic repayment calculation in the forum Finance https://www.propertyinvesting.com/topic/4400875-repayment-calculation/#post-4629873 Sun, 15 Aug 2010 11:29:03 +0000 I do not have any non deductiable debt.

You may still argue against p&i

]]> 2dbc0350e77e5c77bec0e6b000c848dc Figc replied to the topic repayment calculation in the forum Finance https://www.propertyinvesting.com/topic/4400875-repayment-calculation/#post-4629871 Sun, 15 Aug 2010 08:20:38 +0000 Thanks for that Richard.I think I follow.  So the difference in the repayment amounts goes to the principal.So given the opportunity to draw out the equity. Should I do it and place in an offset account?Ie money would be used for possible investment property deposit.  The existing loan is also investment & I have no other debt. Will increase my r…[Read more]

]]> e8a7c03ca8159e167926aa47ab6c346d Figc replied to the topic Deposit Finance in the forum Finance https://www.propertyinvesting.com/topic/4400834-deposit-finance/#post-4629623 Wed, 11 Aug 2010 00:41:14 +0000 Terry
I do not have a home loan. All loans will be investment.

Does this change things.

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