PropertyInvesting.com | not_so_lucky | Activity https://www.propertyinvesting.com/members/not_so_lucky/activity/ Activity feed for not_so_lucky. Tue, 14 Apr 2026 22:59:17 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 915d22655be94c0943d223a5cf831ba5 not_so_lucky replied to the topic Cheap Vs Expensive Conveyancers in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4409030-cheap-vs-expensive-conveyancers/#post-4688752 Sat, 06 Apr 2013 01:19:31 +0000 Thanks everyone!!!

]]> 3f2272b1979dce039b1c5a34634be968 not_so_lucky replied to the topic Does Council rates valuation cover land or land & building? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4409068-does-council-rates-valuation-cover-land-or-land-building/#post-4689064 Sat, 06 Apr 2013 01:18:32 +0000 Thank you Tom

]]> 4a70aac13d4beb00dca970fd5d72ae93 not_so_lucky replied to the topic Cheap Vs Expensive Conveyancers in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4409030-cheap-vs-expensive-conveyancers/#post-4688750 Mon, 01 Apr 2013 01:43:25 +0000 Thank you so much for that!!!

]]> 6edbacb19542077011a10fe4af73bcd1 not_so_lucky replied to the topic Cheap Vs Expensive Conveyancers in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4409030-cheap-vs-expensive-conveyancers/#post-4688743 Fri, 29 Mar 2013 04:40:18 +0000 If anyone has any feedback on the benefits of using expensive over cheaper conveyancers it would be greatly appreciated.

]]> f62dcc601f63825d1ece4bbf35fd5a52 not_so_lucky replied to the topic Cheap Vs Expensive Conveyancers in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4409030-cheap-vs-expensive-conveyancers/#post-4688742 Fri, 29 Mar 2013 04:34:49 +0000 Thank you Terry

Unfortunately, there is no other choice but to transfer the property, for various reasons.

Are you able to tell me more about the transfer being voided, or where I can read more about this, and if it will apply to us?

]]> ac3d82d2cd73dd3422f1457bc64c0929 not_so_lucky replied to the topic Transfer now OR in the next finacial year? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4409031-transfer-now-or-in-the-next-finacial-year/#post-4688755 Sun, 24 Mar 2013 06:24:31 +0000 Thank you Terry. 

Yes , to related party.

]]> 42d6b2eb3dd12952e9f98fa61a34d9a2 not_so_lucky replied to the topic Cheap Vs Expensive Conveyancers in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4409030-cheap-vs-expensive-conveyancers/#post-4688740 Sun, 24 Mar 2013 06:22:31 +0000 What an eye opener. Thank you! Had no idea about any of that!!!

by the way, the property is being gifted by parent to the child.

]]> a9d84b566d1ff460db0987b2f91ec0fa not_so_lucky replied to the topic Adelaide conveyancer required in the forum Who did you end up going with https://www.propertyinvesting.com/topic/4399797-adelaide-conveyancer-required/#post-4623663 Sun, 24 Mar 2013 04:07:36 +0000 Who did you end up going with lopetha?

]]> b700165964b1542da5fef14237093276 not_so_lucky replied to the topic Owner/builder calculating cost base for CGT in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4408850-ownerbuilder-calculating-cost-base-for-cgt/#post-4687425 Sun, 24 Mar 2013 03:59:18 +0000 Are you planning on doing a lot of the work yourself? Or paying cash (god forbid) to some tradies? 

]]> e3c19ba4cab194eb6334212e22c6a722 not_so_lucky replied to the topic Owner built investment property & CGT in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4408640-owner-built-investment-property-cgt/#post-4685791 Mon, 04 Feb 2013 09:39:22 +0000 Terryw wrote:

not_so_lucky wrote:
Thank you all!!!

I've contacted a few accountants and they all recommend I see a different person … or do they?

These are the people they suggested I see, are they al the same???

property surveyor
independent valuer
quantity surveyer
property valuer

One of them suggested this…[Read more]

]]> f8f9bbbce9aa4aebce42f385ccaaee80 not_so_lucky replied to the topic Owner built investment property & CGT in the forum Thank you all!!! https://www.propertyinvesting.com/topic/4408640-owner-built-investment-property-cgt/#post-4685788 Mon, 04 Feb 2013 08:27:48 +0000 Thank you all!!!

I've contacted a few accountants and they all recommend I see a different person … or do they?

These are the people they suggested I see, are they al the same???

property surveyor
independent valuer
quantity surveyer
property valuer

One of them suggested this site: http://www.bmtqs.com.au/ConstructionCostCalculator.aspx
Does…[Read more]

]]> 85c6447303cb29a990be7639e571b307 not_so_lucky replied to the topic How do Wills work? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4408558-how-do-wills-work/#post-4685040 Sat, 26 Jan 2013 04:07:52 +0000 Thank you all!

]]> 80791020489185fc8a0c9cfdfa8c7108 not_so_lucky replied to the topic Stamp Duty in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4408557-stamp-duty-28/#post-4685036 Sat, 26 Jan 2013 04:06:40 +0000 Actually, I think that's what the plan is (not 100% sure). The block will however be paid in cash…

]]> 9f296bb76e21c41b4be80156cd621cb0 not_so_lucky replied to the topic CGT - investment property turns principal residency in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4408555-cgt-investment-property-turns-principal-residency/#post-4685025 Fri, 25 Jan 2013 10:17:34 +0000 Tell me about it :(
Although the Stamp Duty topic is not about me. Phew!

With the investment property, if the person has owned it for 10 years, but has only lived in it for 5 years, the other 5 years it just sat there, wasn't being rented out or anything. When the person sells the house, will they have to pay 100% of the CGT or 50% because for 50%…[Read more]

]]> 4a89f6c552de9ae63e73a5b5eb50f4d7 not_so_lucky replied to the topic Renting 50% of the house??? in the forum Like share accommodation? https://www.propertyinvesting.com/topic/4408556-renting-50-of-the-house/#post-4685030 Fri, 25 Jan 2013 10:14:39 +0000 Like share accommodation? Unfortunately, that is not an option :(
So there is no way for the person who doesn't want to rent to avoid having to pay tax for their share?

]]> d8de4212c9db475799ff83ff5e54b345 not_so_lucky replied to the topic Stamp Duty in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4408557-stamp-duty-28/#post-4685033 Fri, 25 Jan 2013 10:13:17 +0000 Thanks for that.

Because of the generous FHOG for brand new houses, they are both planning to immediately sell the units. They are both currently renting. Will they both have to pay CGT for the sale of the house? And the person who sold the block to the builder will also have to pay CGT on the sale of the block as well. Is this correct?

]]> 264fef9f48309eb962dcca7384a98929 not_so_lucky replied to the topic First home owners boost - construction was not completed within 18 months. in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4406832-first-home-owners-boost-construction-was-not-completed-within-18-months/#post-4671652 Tue, 12 Jun 2012 01:30:02 +0000 I managed to fidd out some more details …"In limited circumstances the Commissioner may approve an extension to the commencement and completion date where the delay was outside the control of the parties and could not have been foreseen at the time of entering into the contract.""A letter from the relevant third party (e.g.: builder, developer,…[Read more]

]]> 3b42efb8d41883f1e9fc0109d5e8e04b not_so_lucky replied to the topic How much will I save? (24 Months Interest Free) in the forum Finance https://www.propertyinvesting.com/topic/4403808-how-much-will-i-save-24-months-interest-free/#post-4649002 Mon, 01 Aug 2011 05:22:09 +0000 Thank you Scott

]]> a8ecd811950efde70c410220d3c7bf8a not_so_lucky replied to the topic Home Staging in SA in the forum Help Needed! https://www.propertyinvesting.com/topic/4396350-home-staging-in-sa/#post-4604616 Mon, 01 Aug 2011 05:16:56 +0000 ben_young_investor1988 wrote:
Hi,I work for a real estate office at Unley and we use Jo Lambert for all our interior decorating. She is fantastic at what she does and all our homes come up looking sensational. Let me know if you would like further details.

Hi BenWould you mind sharing Jo's contact details?

]]> 75900b2cc218f76fa35d1a386713533b not_so_lucky replied to the topic A question about CGT in the forum Thanks so much for all that https://www.propertyinvesting.com/topic/4403300-a-question-about-cgt/#post-4645568 Thu, 07 Apr 2011 05:50:26 +0000 Thanks so much for all that Dan42!!!

Dan42 wrote:

not_so_lucky wrote:
If person A and person B each own 50% of the property. Once the property is sold it is split into 3 between person A, B and C.Will person C have to pay tax on their share of the money they've received, even though their name was not on the title of the property?

No, the tax…[Read more]

]]> 50da4f17c54ff0fc7f3f2bd666a857c9 not_so_lucky replied to the topic Where can I find a calculator ... in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4400593-where-can-i-find-a-calculator/#post-4628274 Wed, 21 Jul 2010 01:46:09 +0000 actually, the one I thought was it isn't. because it doesn't have a field for the interest rate %:S

]]> 49ef83d699e4cd6d04bb6cc6ce9663cd not_so_lucky replied to the topic Where can I find a calculator ... in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4400593-where-can-i-find-a-calculator/#post-4628273 Wed, 21 Jul 2010 01:43:37 +0000 found it. it's 15 year amortization!!!this is amazing. thanks so much for that!!!

]]> dd2b3693a8e4c6e2161e5c5ce2b04225 not_so_lucky replied to the topic Where can I find a calculator ... in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4400593-where-can-i-find-a-calculator/#post-4628272 Wed, 21 Jul 2010 01:40:17 +0000 Thanks so much for that duckster.Which one of the 7 options should I select?

]]> 8dcd653cace73afa431ec13545f1f043 not_so_lucky replied to the topic Charitable organisations and FBT Rebate/Exemption in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4400551-charitable-organisations-and-fbt-rebateexemption/#post-4628035 Tue, 20 Jul 2010 07:11:51 +0000 LOL. Thanks for that Terry!I was interested in salary sacrificing benefits for low income earners working for Cheritable organisations.

]]> 66124bef3354ea43496f804c7c299915 not_so_lucky replied to the topic Charitable organisations and FBT Rebate/Exemption in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4400551-charitable-organisations-and-fbt-rebateexemption/#post-4628033 Tue, 20 Jul 2010 05:22:44 +0000 Thank you Terry

]]> 66d072352f525245b837e496b405af02 not_so_lucky replied to the topic Where can I find a calculator ... in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4400593-where-can-i-find-a-calculator/#post-4628270 Tue, 20 Jul 2010 05:22:33 +0000 Thanks so much for that.

]]> db3227457cb99bc9d2b2c831cba438d9 not_so_lucky replied to the topic Am I allowed to ask a tax question? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4400541-am-i-allowed-to-ask-a-tax-question/#post-4627982 Tue, 13 Jul 2010 05:33:12 +0000 Thanks so much for that. I must have ticked something wrong when filling out my tax return. Will go over it tonight again. Luckily I hadn't submitted it yet :)

]]> af80fa3d436f8c65a5448b5cc94f720e not_so_lucky replied to the topic Am I allowed to ask a tax question? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4400541-am-i-allowed-to-ask-a-tax-question/#post-4627980 Mon, 12 Jul 2010 12:39:18 +0000 Thanks for that Mr5o1.Does that mean I should not have been charged $560 for Medicare surcharge?

]]> 676369e08801ad366f5f5e1975a3d013 not_so_lucky replied to the topic Legal advice needed re costs incurred due to faulty/missing materials in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4399723-legal-advice-needed-re-costs-incurred-due-to-faultymissing-materials/#post-4623250 Fri, 02 Jul 2010 00:27:40 +0000 The thing is, the supplier admitted most of the faults and did not try to deny anything. Does this count at all?

]]> c1269a2cd4fd45f57dfc7c36e7ac0a71 not_so_lucky replied to the topic Legal advice needed re costs incurred due to faulty/missing materials in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4399723-legal-advice-needed-re-costs-incurred-due-to-faultymissing-materials/#post-4623249 Fri, 02 Jul 2010 00:26:33 +0000 Now, some of the defects our steel frame installer picked up within the time frame allowed, so we should at least be covered for those items, right?The thing is, it would have been impossible to go through, measure and count the thousands of items and little pieces. There is simply not enough room to lay everything out and check :(A lot of the…[Read more]

]]> dd579e86b9bf4f748abef538c9292dd1 not_so_lucky replied to the topic Legal advice needed re costs incurred due to faulty/missing materials in the forum I have just gone through the https://www.propertyinvesting.com/topic/4399723-legal-advice-needed-re-costs-incurred-due-to-faultymissing-materials/#post-4623248 Fri, 02 Jul 2010 00:23:43 +0000 I have just gone through the contract again and … from what I can see the supplier has got himself covered :(Delivery Of GoodsThe failure of the Supplier to deliver shall not entitle either party to treat this contract as repudiated.15.9 The Supplier shall not be liable for any loss or damage whatever due to failure by the Supplier to deliver…[Read more]

]]> 3cb750ab326851547ef7c236b8a1ccf4 not_so_lucky replied to the topic Legal advice needed re costs incurred due to faulty/missing materials in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4399723-legal-advice-needed-re-costs-incurred-due-to-faultymissing-materials/#post-4623247 Tue, 29 Jun 2010 11:48:08 +0000 Scott No Mates wrote:
A few basic questions that need to be answered:Is this supply covered by Home Warranty Insurance (NSW or Qld)? If yes, then it is an office of fair trading issueWas the supplier advised of the defects?Was the supplier given the opportunity to rectify the faults?Did they attempt any restitution or offer any solutions?Were…[Read more]

]]> 322a6c439a5fd9add2930e6321359d94 not_so_lucky replied to the topic Legal advice needed re costs incurred due to faulty/missing materials in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4399723-legal-advice-needed-re-costs-incurred-due-to-faultymissing-materials/#post-4623244 Tue, 29 Jun 2010 04:57:57 +0000 Re: the corporation is liable to compensate the consumer or that other person for the loss or damage and the consumer or that other person may recover the amount of the compensation by action against the corporation in a court of competent jurisdiction.Does this mean that I should be able to claim rent for delays we've had?

]]> b38bcd330a59384df6ce23e11e5bc8d1 not_so_lucky replied to the topic Legal advice needed re costs incurred due to faulty/missing materials in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4399723-legal-advice-needed-re-costs-incurred-due-to-faultymissing-materials/#post-4623243 Tue, 29 Jun 2010 04:55:09 +0000 Found this thanks to Terry!http://www.austlii.edu.au/au/legis/cth/consol_act/tpa1974149/s74d.html

]]> ef927ab70fc19dfd019e66ce90ce52db not_so_lucky replied to the topic Deleted in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4400371-deleted/#post-4627004 Mon, 28 Jun 2010 08:01:38 +0000 Scott No Mates wrote:
You've lost me totally on this one, hs the supplier has stuffed up or have they failed to supply all of the components which you have paid for however you are out of pocket by having to pay a local suppier to resupply the missing pieces or have you been hit with additional charges by your installer to re-establish several…[Read more]

]]> 6348ffd326b4903a986f60c7f67a7243 not_so_lucky replied to the topic Deleted in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4400371-deleted/#post-4626999 Sun, 27 Jun 2010 00:39:34 +0000 pinkboy wrote:
I would keep in mind that for the sake of $750, not having any proof of purchase if a. a warrenty claim is required or b. an injury was sustained whilst working on the job or c. an accident happend from a structural shortfall etc, then I suggest you look at your situation a little closer.pinkboy

The installer will still provide…[Read more]

]]> a01ac4a72000969dd3705d4ea27c4926 not_so_lucky replied to the topic Deleted in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4400371-deleted/#post-4626998 Sun, 27 Jun 2010 00:28:24 +0000 Sorry about the confusion. The supplier and installer are two separate companies. The supplier was paid in full 6 months ago and it was all with gst, so no problem there. It is the installer who is offering to accept the third payment in cash (basically anything on top of his original quote which came up as a result of the stuffups with the…[Read more]

]]> ee066b6cecca4940a33a4b5938b76d2b not_so_lucky replied to the topic Borrowing money agains a property I partially own in the forum Finance https://www.propertyinvesting.com/topic/4399859-borrowing-money-agains-a-property-i-partially-own/#post-4624056 Thu, 13 May 2010 06:16:16 +0000 Terryw wrote:
Banks generally allow spouses on the same loan even when they are not on title. But non-spouses they don't like. (Spouse includes defacto).You want to borrow money to finish off a project – seems to be a good reason to me.

Thanks for that. Why is it they don't like non-spouses? My non-spouse is already on the first loan (as in the…[Read more]

]]> 1dc0f0f7689520a9a7b820eb95d99b3f not_so_lucky replied to the topic Borrowing money agains a property I partially own in the forum Finance https://www.propertyinvesting.com/topic/4399859-borrowing-money-agains-a-property-i-partially-own/#post-4624054 Thu, 13 May 2010 05:47:34 +0000 Thanks Terry :)

Terryw wrote:
Since your mum is an owner of the property the loan must be in your name and hers – or maybe your name only with a guarantee from your mum.

I would much rather My name only with a guarantee from my mum. What about adding my partner's name to the loan. Would this be a problem?

Terryw wrote:
Lenders are also very fussy…[Read more]

]]> 609f196adbdcb9092a009368a4c8757a not_so_lucky replied to the topic Legal advice needed re costs incurred due to faulty/missing materials in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4399723-legal-advice-needed-re-costs-incurred-due-to-faultymissing-materials/#post-4623242 Wed, 12 May 2010 02:02:04 +0000 Thanks for that Terry

]]> 6f47faeca5e064f80ed15f4d519d3341 not_so_lucky replied to the topic Hel me chouse the exterior colour scheme for our new house in the forum Do darker brick arches https://www.propertyinvesting.com/topic/4395667-hel-me-chouse-the-exterior-colour-scheme-for-our-new-house/#post-4600784 Sat, 25 Apr 2009 07:05:56 +0000 Do darker brick arches around the windows look tacky?

]]> 8f23a093b85965deb516f2fd65c4700c not_so_lucky replied to the topic Hel me chouse the exterior colour scheme for our new house in the forum Value Adding https://www.propertyinvesting.com/topic/4395667-hel-me-chouse-the-exterior-colour-scheme-for-our-new-house/#post-4600783 Sat, 25 Apr 2009 07:04:06 +0000

]]> cf8acf641004ccfa8533506fb312760b not_so_lucky replied to the topic Hel me chouse the exterior colour scheme for our new house in the forum https://www.propertyinvesting.com/topic/4395667-hel-me-chouse-the-exterior-colour-scheme-for-our-new-house/#post-4600782 Sat, 25 Apr 2009 07:03:38 +0000

]]> e48be06c3b8f278adf268c686ea45d50 not_so_lucky replied to the topic Hel me chouse the exterior colour scheme for our new house in the forum https://www.propertyinvesting.com/topic/4395667-hel-me-chouse-the-exterior-colour-scheme-for-our-new-house/#post-4600781 Sat, 25 Apr 2009 07:03:18 +0000

]]> b9db92ac9338588e6996f1ece2b6c775 not_so_lucky replied to the topic Hel me chouse the exterior colour scheme for our new house in the forum https://www.propertyinvesting.com/topic/4395667-hel-me-chouse-the-exterior-colour-scheme-for-our-new-house/#post-4600780 Sat, 25 Apr 2009 07:02:13 +0000

]]> 24f3b062c03d040d47404d0cbae48ee1 not_so_lucky replied to the topic Hel me chouse the exterior colour scheme for our new house in the forum What about these https://www.propertyinvesting.com/topic/4395667-hel-me-chouse-the-exterior-colour-scheme-for-our-new-house/#post-4600779 Sat, 25 Apr 2009 07:00:41 +0000 What about these…[Read more]

]]> ea5e99793d234f6c21f94313aa8dd6bc not_so_lucky replied to the topic How would you work this out? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4395992-how-would-you-work-this-out/#post-4602395 Wed, 15 Apr 2009 11:02:51 +0000 SHales wrote:
Maybe, but it's correct, they didn't ask for our opinion, just advice on the mathematics.That did occur to me before I posted my last, and I thought before I posted.I decided that sometimes I lose sight of the whole picture getting so focussed on details like interest and legal liability, and sometimes it is helpful if someone else…[Read more]

]]> 80896665e34a13272c75e34ed342e023 not_so_lucky replied to the topic How would you work this out? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4395992-how-would-you-work-this-out/#post-4602392 Wed, 15 Apr 2009 07:33:12 +0000 SHales wrote:

not_so_lucky wrote:
A is doing B a favour by giving her ANY money as it is in A's name afterall.

 I don't know, it sounds like the boat was a gift from their father to both of them.  If this is the case, then A should be giving B money, it is not a favour, the boat is partly owned by B.    So what if the boat is in A's name…[Read more]

]]> baf193547a87f62b3f5286b5ee12aa54 not_so_lucky replied to the topic How would you work this out? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4395992-how-would-you-work-this-out/#post-4602390 Wed, 15 Apr 2009 04:37:25 +0000 No, the father always intended the boat to belong to A which is why he put it into A's name. A does not expect B to pay $4000 as this is the total cost of the bills etc. The maintenance is not due to wear and tear, it is for regular servicing, which needs to be performed whether the boat is used or not. A is doing B a favour by giving her ANY…[Read more]

]]> a4e731b64d3b4336b5bdb8b870afc8aa not_so_lucky replied to the topic How would you work this out? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4395992-how-would-you-work-this-out/#post-4602387 Tue, 14 Apr 2009 23:54:34 +0000 Thank you sooooo much for this!I will gather all the information and past payments and will try and work it out :)

]]>