MrMagoosie replied to the topic WARNING: Dual Living/ Granny Flat unapproved Duplexes- Brisbane City Council Enforcement Notices in the forum General Property 12 years, 1 month ago
Wow, that's huge. I know so many people across Brisbane who are renting on rooming accommodation agreements. I reckon at least 50% of students would be renting in this manner and it would have to be 50,000+ people easy.
Has BCC sent out similar notices to for rent-by-the-room student accommodation, or is it just houses with a granny…
MrMagoosie replied to the topic WARNING: Dual Living/ Granny Flat unapproved Duplexes- Brisbane City Council Enforcement Notices in the forum General Property 12 years, 1 month ago
Does this extend to rent-by-the-room (eg. rooming accommodation) too?
My understanding was always that a house could be rented by the room on individual agreements so long as there were 5 or less people. It was only if there were more than 5 people that it would fall into the boarding house category.
I believe this is also why there was an…[Read more]
MrMagoosie replied to the topic Is property investing going to poo in the forum General Property 14 years ago
Hi Johnwilly1000,Everyone's situation is different, but if selling your IP will clear your debt and reduce stress, then it's definitely worth considering. No point having a mountain of debit if it's going to stress you out.However, do also consider:-Selling into the Brisbane property market at the present time would require you to discount. I…[Read more]
MrMagoosie replied to the topic EIN, ITIN Forms in the forum Overseas Deals 14 years, 1 month ago
Is the HSBC account a US bank account, or is it just an Australian account in US currency? I currently have an ITIN and want to open a US bank account to do some investing in tax liens. The bank account issue has been one of my hurdles as I believed that you needed to visit the US to open an account in your personal name.Is this not the c…[Read more]