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  • Profile photo of Lb 75Lb 75
    Participant
    @lb-75
    Join Date: 2012
    Post Count: 8
    January 15, 2016 - 3:07 pm

    Hi Jacqui
    Thanks for that. Yes I would be looking at living in the place in Brisbane.
    Would you or anyone know a good broker in Brisbane I could chat would?.

    Profile photo of Lb 75Lb 75
    Participant
    @lb-75
    Join Date: 2012
    Post Count: 8
    November 12, 2012 - 11:59 am

    Hi Derek 

    thanks again for your very informative reply,I really appreciate it,same goes to you Jamie.

    Profile photo of Lb 75Lb 75
    Participant
    @lb-75
    Join Date: 2012
    Post Count: 8
    November 12, 2012 - 1:43 am

    Hi Derek

    Awesome thanks alot  for that.

    Just another quick question or 2 if you don't mind,or anyone else that doesn't mind sharing there knowledge,

    Who would I get to do a deprecation report?

    And when would I get that done?eg before I rent property out or at the end of every tax year?

    Also if I want to do improvements to property can I do them while I have moved in then claim expenses back through tax?or should I do them when tenant is in.

    Improvements like paving and carport?

    Thanks in advance.

    Profile photo of Lb 75Lb 75
    Participant
    @lb-75
    Join Date: 2012
    Post Count: 8
    November 9, 2012 - 3:16 am

    Hi Guys thanks for the input.

    Joe I was thinking About just holding off for a while until i have moved in for the 6 months then out and have got a reliable tenant then look at sorting out the back section.but yeah the rentals properties exceed the demand at the moment in lalaverton

    also the plans for the back section does allow for the subdivision.if I do subdivide then sell the back will I be liable for CGT?instinct tells me yes unless there is a way around it..

    Profile photo of Lb 75Lb 75
    Participant
    @lb-75
    Join Date: 2012
    Post Count: 8
    November 8, 2012 - 9:46 pm

    Hi shahin

    Thanks for your reply.

    To be honest with you I'm not really sure.but I have bein looking on real estate.com.au and for something similar to the back unit is going for around 220k and the front house would probably be around 260k I'm guessing as it wouldn't have the back yard anymore.

    Do you think I need to get the front house properly valued without the back section and also get the unit valued of the plan?

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