PropertyInvesting.com | harryandlloyd | Activity https://www.propertyinvesting.com/members/harryandlloyd/activity/ Activity feed for harryandlloyd. Wed, 15 Apr 2026 17:39:06 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 b34346a744013eecf9365936b79ad308 harryandlloyd replied to the topic New Air Conditioner installed in IP - how to work out depreciation?! in the forum Help Needed! https://www.propertyinvesting.com/topic/4410825-new-air-conditioner-installed-in-ip-how-to-work-out-depreciation/#post-4700003 Sat, 15 Mar 2014 00:28:19 +0000 Thanks Benny!

We have a Depreciation Schedule for the IP, so I'll be sure to add the WDV to my list  immediately!

Kind Regards
Kate

]]> ae07844fcfaafc748cc9c75530e6281c harryandlloyd replied to the topic Interest repayments or interest charged tax deductible? Need clarification! in the forum Finance https://www.propertyinvesting.com/topic/4404206-interest-repayments-or-interest-charged-tax-deductible-need-clarification/#post-4651693 Fri, 15 Jul 2011 13:23:41 +0000 Aaah Jamie – looks like you caught me red handed! I was going to PM you about this then thought you'd probably enjoy a few weeks reprieve from myself and Mark!!Does anything get past your eagle eye in these forums!?Thanks for all your help by the way – it would be no IP without you! CheersKate

]]> 0236bb9b7f2107fcd04ae8d4e43db200 harryandlloyd replied to the topic Interest repayments or interest charged tax deductible? Need clarification! in the forum Finance https://www.propertyinvesting.com/topic/4404206-interest-repayments-or-interest-charged-tax-deductible-need-clarification/#post-4651690 Fri, 15 Jul 2011 04:00:55 +0000 Hi Terry,I figured it would be the same, but thought a post would clarify.You can see my Investor L Plates a mile away!!!CheersKate

]]> cabdde0978139d43acfdab559cca68eb harryandlloyd replied to the topic NSW 3 villas - Is a Body Corporate mandatory? in the forum Help Needed! https://www.propertyinvesting.com/topic/4403642-nsw-3-villas-is-a-body-corporate-mandatory/#post-4647817 Sun, 12 Jun 2011 06:06:19 +0000 Hi EmptyVessel,My partner and I are about to dive head first into a purchase of our first IP(s) which coincidentally is 2 villas on one (torrens) title. The property is in Mudgee NSW and our stratgey is based on a buy and hold period of 10 years, after which we would consider perhaps selling one and keeping the other. Firstly, thanks for the i…[Read more]

]]> df002c0a955f72538a1a6b7be5d31c1b harryandlloyd replied to the topic Negative gearing and Interest only loans questions??? in the forum Help Needed! https://www.propertyinvesting.com/topic/4403602-negative-gearing-and-interest-only-loans-questions/#post-4647494 Fri, 13 May 2011 15:46:44 +0000 My only regret is that I didn't find this website aaaaaaaaaages ago!It is such a relief to find an environment in which all oddball questions are answered with integrity and shared knowledge – regardless of  how many times those 'same old questions' have been asked!!

]]> 4c4ecb5d77b78dd7704f9ee89013dc34 harryandlloyd replied to the topic Negative gearing and Interest only loans questions??? in the forum Help Needed! https://www.propertyinvesting.com/topic/4403602-negative-gearing-and-interest-only-loans-questions/#post-4647487 Thu, 12 May 2011 20:53:11 +0000 Now I GET IT!! Thanks JacM for explaining this in laymans terms with examples – I'm seeing the investment light!May I ask another naive question? If one were to have a negatively geared IP, can one apply for the 221D tax variation form and place that extra weekly income in the offset account? If so, are there any implications from a  tax perspe…[Read more]

]]> f02577d74cb04dd2b83a06198f85d4c4 harryandlloyd replied to the topic Do I lower my LVR or pay LMI? in the forum Help Needed! https://www.propertyinvesting.com/topic/4403593-do-i-lower-my-lvr-or-pay-lmi/#post-4647447 Wed, 11 May 2011 17:10:53 +0000 Thank you v8ghia for your lengthy and extremely valuable reply – all this is new to me so you have answered many (and probably silly!) questions I had with regards to IPs!Kind RegardsKate

]]> 79b117737fc563c8b5246121ee521e6c harryandlloyd replied to the topic Do I lower my LVR or pay LMI? in the forum Help Needed! https://www.propertyinvesting.com/topic/4403593-do-i-lower-my-lvr-or-pay-lmi/#post-4647445 Wed, 11 May 2011 11:10:31 +0000 Hi v8ghia,The valuation was not what I was expecting for the main reason being the major renovations ($$$) that we have undertaken in the last 2yrs – new hardwood flooring, gyprock ceiling, fully integrated kitchen, miscellaneous sundries like paint, snazzy light switches, lights etc etc., new bathroom which was completely gutted and built from…[Read more]

]]> 2ab1628eae328aad0324b90c8581c2c0 harryandlloyd replied to the topic Do I lower my LVR or pay LMI? in the forum Help Needed! https://www.propertyinvesting.com/topic/4403593-do-i-lower-my-lvr-or-pay-lmi/#post-4647443 Wed, 11 May 2011 06:51:25 +0000 Thanks for such swift replies!My boyfriend is selling the property to me for $290k, although I don't think at a 10k reduction (from 300k) that this wold greatly affect my banks LMI regulations?! And if I call the bank again today, I'm pretty sure they'll black ban me as a serial pest!!Angel – The thought of borrowing the shortfall had crossed my…[Read more]

]]> ac7e59ab540774f6f1adc9c7075a6bd9 harryandlloyd replied to the topic Chan & Naylor Accountants - Reviews? in the forum Feel compelled to add my two https://www.propertyinvesting.com/topic/4399306-chan-naylor-accountants-reviews/#post-4620609 Tue, 03 May 2011 19:20:33 +0000 <font color=”#000000″>Feel compelled to add my two cents to this post given my FHC with Chan and Naylor two weeks ago at their Surry Hills office.

I bought a copy of 'How to Legally Reduce your Tax' by C&N and was quite intrigued about trust structures and the benefits that result if one changes their mindset from a 'pawn' to a 'player' in the ga…[Read more]

]]> 533c776f005cefcd350e1cf09d5fbf08 harryandlloyd replied to the topic Chan & Naylor Accountants - Reviews? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4399306-chan-naylor-accountants-reviews/#post-4620609 Tue, 03 May 2011 19:20:33 +0000 Feel compelled to add my two cents to this post given my FHC with Chan and Naylor two weeks ago at their Surry Hills office.I bought a copy of 'How to Legally Reduce your Tax' by C&N and was quite intrigued about trust structures and the benefits that result if one changes their mindset from a 'pawn' to a 'player' in the game of tax.My 2.5hr se…[Read more]

]]> fc8486393e7e3feea7ca4aca51f9c013 harryandlloyd replied to the topic Investing in Bathurst NSW in the forum Help Needed! https://www.propertyinvesting.com/topic/4403483-investing-in-bathurst-nsw/#post-4646826 Mon, 02 May 2011 06:38:47 +0000 Hi Amy,Actually, I checked through your threads after my post and noticed you are in a similar situation to mine – with no accountant too! Would love to hear how your accountant in Sydney fares as I need all the (right) help I can get!I am heavily leaning towards the IP in my name – considering it is my first venture into investing and given my…[Read more]

]]> a6b862bb7c590c0cc374cada747f2b37 harryandlloyd replied to the topic Investing in Bathurst NSW in the forum Help Needed! https://www.propertyinvesting.com/topic/4403483-investing-in-bathurst-nsw/#post-4646824 Mon, 02 May 2011 02:54:35 +0000 Thank you all for such sound and well researched advice! I'm so glad I found this website!

I agree with amyhunz, I think to fly soley on the coat tails of the mining industry cuts out many other well paid professions that also reside in this area, so I'm in a quandry as to whether I buy and furnish or buy and lease (btw am looking at buying boy…[Read more]

]]> 0ea9f5368766b06b2183b658b7c29373 harryandlloyd replied to the topic Investing in Bathurst NSW in the forum Thank you all for such sound https://www.propertyinvesting.com/topic/4403483-investing-in-bathurst-nsw/#post-4646824 Mon, 02 May 2011 02:54:35 +0000 Thank you all for such sound and well researched advice! I'm so glad I found this website!

I agree with amyhunz, I think to fly soley on the coat tails of the mining industry cuts out many other well paid professions that also reside in this area, so I'm in a quandry as to whether I buy and furnish or buy and lease (btw am looking at buying boy…[Read more]

]]> 657b711b1bd2612ed85ffa00929d2d88 harryandlloyd replied to the topic Investing in Bathurst NSW in the forum Help Needed! https://www.propertyinvesting.com/topic/4403483-investing-in-bathurst-nsw/#post-4646824 Mon, 02 May 2011 02:54:35 +0000 Thank you all for such sound and well researched advice! I'm so glad I found this website!I agree with amyhunz, I think to fly soley on the coat tails of the mining industry cuts out many other well paid professions that also reside in this area, so I'm in a quandry as to whether I buy and furnish or buy and lease (btw am looking at buying boy…[Read more]

]]> a918d415e5feed88f4c92e5f1236dca6 harryandlloyd replied to the topic Investing in Bathurst NSW in the forum Help Needed! https://www.propertyinvesting.com/topic/4403483-investing-in-bathurst-nsw/#post-4646821 Sun, 01 May 2011 21:59:40 +0000 Thanks for the additional post thecrest.I called an engineering company in Orange last week re houses for miners and was told they needed 16 homes immediately! Fully furnished, serviced weekly etc etc BUT she only wanted properties in Orange due to their clause agreement. Would you suggest not even bothering with a Real Estate property manager?…[Read more]

]]> d30cf9486e97a140672e41e173361f72 harryandlloyd replied to the topic Investing in Bathurst NSW in the forum Help Needed! https://www.propertyinvesting.com/topic/4403483-investing-in-bathurst-nsw/#post-4646816 Sun, 01 May 2011 09:41:47 +0000 Hi Patrick,I was hoping for a positive cash flow with corporate tenants (if I can get some more mining contacts!), will keep you posted on my progress!Kate

]]> dfc70e3dbda7d981734c464ed1b87199 harryandlloyd replied to the topic Investing in Bathurst NSW in the forum Hi folks, Just saw this post https://www.propertyinvesting.com/topic/4403483-investing-in-bathurst-nsw/#post-4646814 Sun, 01 May 2011 07:18:49 +0000 Hi folks,

Just saw this post and thought I'd add my two cents..being a life long Bathurst resident and all!

Patrick was correct about uni, weather, importance of insulation, heating and cooling. I can't emphasise enough that Kelso is one suburb you should avoid – personally, I would never buy a property on the Sydney side of the Macquarie R…[Read more]

]]> ddbcf277b8c29fc880681d0442260abb harryandlloyd replied to the topic Investing in Bathurst NSW in the forum Help Needed! https://www.propertyinvesting.com/topic/4403483-investing-in-bathurst-nsw/#post-4646814 Sun, 01 May 2011 07:18:49 +0000 Hi folks,Just saw this post and thought I'd add my two cents..being a life long Bathurst resident and all!Patrick was correct about uni, weather, importance of insulation, heating and cooling. I can't emphasise enough that Kelso is one suburb you should avoid – personally, I would never buy a property on the Sydney side of the Macquarie River. K…[Read more]

]]> c656bde74639d3967c8b99bb60e85e9d harryandlloyd replied to the topic Where can I find vacancy rate info? in the forum Help Needed! https://www.propertyinvesting.com/topic/4403466-where-can-i-find-vacancy-rate-info/#post-4646730 Tue, 26 Apr 2011 07:30:06 +0000 Hi Madchen,Not sure about Vacancy Rate websites (although Domain and Real Estate sites have other handy statistics), but 'Your Investment Property' magazine has a section in the back filled with stats like vacancy rates, stock on market and property price guides for houses and units in all states and territories. I bought my first copy on Sunday…[Read more]

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