PropertyInvesting.com | jc1979 | Activity https://www.propertyinvesting.com/members/jc1979/activity/ Activity feed for jc1979. Wed, 15 Apr 2026 06:05:18 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 c3a7e72cbb942225b4f92feb35767656 jc1979 replied to the topic Carrying over negative gearing in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4394402-carrying-over-negative-gearing/#post-4593968 Wed, 08 Oct 2008 21:34:46 +0000 Ok still a bit confused.Lets say I own an IP in Australia earning me rental income of $20,000 pa.Lets say my Interest payment is $30,000 paNow lets say I earn GBP 15,000 during the Australian income tax year.  During this year I am regarded as a UK resident for taxation purposes.What would be the scenario?  Can I carry the full -$10,000 over to t…[Read more]

]]> 905339d535caec5da4b6fb5846952cea jc1979 replied to the topic Carrying over negative gearing in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4394402-carrying-over-negative-gearing/#post-4593966 Tue, 07 Oct 2008 23:43:36 +0000 Well thats good news then.  Is there any references where it states that this is allowed?

]]> 41b095da7fd998164a3db4e771fdaae8 jc1979 replied to the topic subdividing basics in the forum Value Adding https://www.propertyinvesting.com/topic/4389784-subdividing-basics/#post-4568354 Fri, 08 Jun 2007 07:15:20 +0000 YvetteF wrote:
I admit I am a bit wet behind the ears when it comes to knowledge about properties and costings, but I have completed a subdivision on a residential block of land in South Coast of NSW.  So far my subdivision (which had existing council approval when purchased) has cost about 60K, I understand the approval can costs up to 30k a…[Read more]

]]> f31adc462b1e2eb9c59bf52dbc8baf6b jc1979 replied to the topic subdividing basics in the forum We purchased an investment https://www.propertyinvesting.com/topic/4389784-subdividing-basics/#post-4568351 Thu, 07 Jun 2007 13:25:21 +0000 We purchased an investment property in the eastern suburbs of Melbourne….knocked it down and build 2 units.  Bank valued the two properties together at $900k.We are now in the process of subdividing it.  Cost so far is about $5k.  Just getting the final papers done by the solicitor so unless he slaps us with a ridiculous bill then I think it wil…[Read more]

]]> 83282f274e8b2ea20e0f450c0b80a3e8 jc1979 replied to the topic subdividing basics in the forum Value Adding https://www.propertyinvesting.com/topic/4389784-subdividing-basics/#post-4568351 Thu, 07 Jun 2007 13:25:21 +0000 We purchased an investment property in the eastern suburbs of Melbourne….knocked it down and build 2 units.  Bank valued the two properties together at $900k.We are now in the process of subdividing it.  Cost so far is about $5k.  Just getting the final papers done by the solicitor so unless he slaps us with a ridiculous bill then I think it wil…[Read more]

]]> 357487e6838e345108cc19f9d1b0a240 jc1979 replied to the topic Deductions on Purchasing Costs in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4389844-deductions-on-purchasing-costs/#post-4568992 Thu, 07 Jun 2007 13:17:33 +0000 What state are you in?  I'm in VIC and have been told I cannot claim purchasing costs until the day I sell If you find out otherwise please let us know.

]]> 6bf8244692417b4ed9012a3960e2616e jc1979 replied to the topic Who's name to buy IP under? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4389836-whos-name-to-buy-ip-under/#post-4568964 Thu, 07 Jun 2007 13:14:51 +0000 If you are negatively gearing then it is better to put it in the name of the highest income earner, which sounds like your hubby.He has to pay more tax than you do, so negative gearing will work better for him.Ring another accountant to confirm

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