MartinYou might be able to get copies of the local newspapers for the areas – they would have ads in there for that sort of thing. I think you can contact the papers / newsagents in the area to get them sent to you.Linda
Hi TomInala is growing in value (I lived in Oxley for 8 years up until January this year – now live the next suburb over). As the prices are increasing, the riff raff are also unable to afford the rent / house prices so are moving on. I would say the house prices have pretty much doubled in the last couple of years.There was also a report that…[Read more]
Stevie07You also have the option of selling your PPOR – and accessing the money there to use for investing.In the meantime you would be able to rent which, depending on where you are could be 1/2 (or more as you're paying more on your mortgage) of what you're currently paying on your mortgage.Then buy a PPOR in the future with profits from your…[Read more]
From what I have read – if you do the renovations prior to renting the property out they are not a tax deduction they are increased capital which you wouldn't get the advantage until you sold the property.If you have rented the property out and then did the renovations and then rented out again I believe the renovations are tax deductible.You…[Read more]
I think in this circumstance the tenant may have mislead you about her occupation so you wouldn't discriminate against her – she may also do some modelling so this isn't exactly lying.I had an experience this year when I was evicted by my landlord after demanding she fix the stove – under emergency repair provisions – if we wanted to stay we could…[Read more]
Thanks for clearing that up for me.I'm hoping to make my first investment in the coming months so the other analogy of the 2 houses 1 slightly cheaper with less interest paid over a shorter period is very interesting. The "cheaper" homes will be where I'm starting.Linda
I have a query in relation to buying and selling houses in this respect as well. People always mention how much they bought the house for and how much they sold it for – as already mentioned they never take into account the lower amount due to the tax they have paid – but I'm also curious as to why they never include the interest they pay on the…[Read more]
Narangba and Morayfield are really taking off at the moment. Narangba is a little closer to the city than Morayfield – you also have Burpengary in between the two of them (another area that is taking off).Approximately 30 minute drive to the city on the Bruce Highway and also about 30 minutes drive to Caloundra / Bribie Island. Travel to the city…[Read more]
From the amendment it doesn’t look like they can ask for all of their money back – just the money that is over what they would have paid for market value rent.
For example if they were paying $300 p/w and fair market value was $250 p/w then they would be able to get the $50 x eg 26 weeks back so $1,300 – the market value portion ie $250 x 26 =…[Read more]
Try going to your local library and borrowing some books from there. I have just borrowed a couple of books on this subject – The Complete Idiot’s Guide to Business Plans, and Anatomy of a Business Plan and have a couple more on hold.
If you have access to the libraries online search facility do a search on subject Business Plan and see what’s…[Read more]
Actually, don’t worry about sending the details – was able to find them online.
I’ve just had a quick read through the details – it sounds pretty interesting – think I’ll see if I can get there.
Thanks for mentioning it.
FHOG = First Home Owners Grant. To be eligible for this you need to move into the property within the first 12 months. A lot of accountants recommend that you have at least one bill sent to the property to show you have lived there within the 12 months – see your accountant about this.
I was reading a book called “Monkeying around with Shares” it explains in here what the things you asked about mean. It’s explained simply so everyone can understand.
Might pay to get the book from the library and have a read if you’re interested in buying shares. The explanation is in the first few chapters.