PropertyInvesting.com | NoviceM | Activity https://www.propertyinvesting.com/members/novicem/activity/ Activity feed for NoviceM. Mon, 13 Apr 2026 10:44:43 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 f517df19946a99d13aaebf1c177df9fd NoviceM replied to the topic Tax Office Targets in the forum No Subject https://www.propertyinvesting.com/topic/4371512-tax-office-targets/#post-4456390 Thu, 26 Feb 2004 13:11:27 +0000 Just thought I’d add this info which I received in my email yesterday.

“ATO consultation meeting on rental properties and capital allowances on 20 February 2004:

Members will be aware that rental properties are a compliance area the ATO is currently focusing on.

The ATO has concerns that rental property owners are not correctly distinguishing…[Read more]

]]> d688ac34a128cda54411b26f91a3d70c NoviceM replied to the topic Best Options Available? in the forum Help Needed! https://www.propertyinvesting.com/topic/4371149-best-options-available/#post-4453749 Wed, 11 Feb 2004 05:46:04 +0000 Thanks for your input Erika…

]]> 72ccf5c540c0f875a20253812a4a79a6 NoviceM replied to the topic Best Options Available? in the forum Help Needed! https://www.propertyinvesting.com/topic/4371149-best-options-available/#post-4453747 Tue, 10 Feb 2004 12:41:58 +0000 Hello..??!!.. We’d really appreciate your comments… Thanks…

]]> 7fd09fe3f160c91ff6a49ba00df6c2a7 NoviceM replied to the topic Place comments about my spreadsheet here in the forum No Subject https://www.propertyinvesting.com/topic/4369026-place-comments-about-my-spreadsheet-here/page/2/#post-4436462 Mon, 27 Oct 2003 04:08:19 +0000 Hi Fudge,

Can you send me a copy please.

Thanks,
NoviceM
mayette_mc@hotmail.com

]]> d2de32bbdf5cb67f9ffe3996977cc639 NoviceM replied to the topic How many you got? in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4366761-how-many-you-got/page/2/#post-4421323 Sun, 10 Aug 2003 06:26:34 +0000 Hi every1.

We have 1 PPOR and 1 negatively geared property… Unfortunately, tax minimisation was our main purpose hence the -ve gearing… It was only when I accidentally surfed into this website that I found out about the other options/strategies… Now concentrating on finding +ve cashflow properties… And learning more and more – via this…[Read more]

]]> 5da7bc2254d83ae18e06ad2c14edfb4f NoviceM replied to the topic The book.. it's now available! in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4366637-the-book-its-now-available/page/2/#post-4420711 Tue, 05 Aug 2003 11:28:25 +0000 Congratulations Steve and co… Bought “the” book first thing this morning at QVB for $29.95… Started reading on the train this evening and I nearly missed my stop… Great reading especially for a newbie like me…
Regards,
NoviceM

]]> dc41d377d585673518bd4c6027f8d884 NoviceM replied to the topic Superannuation towards PPOR in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4366209-superannuation-towards-ppor/#post-4418132 Fri, 27 Jun 2003 13:19:55 +0000 Thanks for your input guys…

Cheers,
NoviceM

]]> ae2c73cc04433c23aa00d92a50148b00 NoviceM replied to the topic Superannuation towards PPOR in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4366209-superannuation-towards-ppor/#post-4418129 Thu, 26 Jun 2003 12:49:50 +0000 ???????

]]> 8075416e4df1c1f2e036180334946b33 NoviceM replied to the topic what can investors get tax deductions for? in the forum No Subject https://www.propertyinvesting.com/topic/4365824-what-can-investors-get-tax-deductions-for/#post-4416078 Sun, 08 Jun 2003 12:44:40 +0000 Hi every1,

Is the cost of a Deposit Bond (eg. $408.00 for $34,000 deposit) tax deductible?

Thanks,
Novice

]]> 983c8b1754514d595db53ace9696336e NoviceM replied to the topic Cost of Depreciation Schedules in the forum No Subject https://www.propertyinvesting.com/topic/4365775-cost-of-depreciation-schedules/#post-4415839 Sun, 18 May 2003 12:56:23 +0000 Thanks David for your invaluable input.
Much appreciated.

Regards,
Novice

]]> 7ff102bc287c52592180c3d1ddff8110 NoviceM replied to the topic Negative & Positive Gearing in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4365747-negative-positive-gearing/#post-4415672 Sun, 18 May 2003 00:53:51 +0000 Thanks Pete. It now gives me some ideas as how we can improve our cashflow. But with the rental guarantee being above the current rent in the area, I think I can just sit back for 2 years and apply these strategies once the rental guarantee period is over. I guess these expenses are also tax deductible.

]]> 9902d46ab448635ae61895476c09c682 NoviceM replied to the topic Negative & Positive Gearing in the forum No Subject https://www.propertyinvesting.com/topic/4365747-negative-positive-gearing/#post-4415670 Sat, 17 May 2003 09:10:41 +0000

quote:
Hi Novice,

Congrats on your 1st purchase. I have recently bought a house in melbourne as my IP and want to fix the loan for 5 years as well. You seem to be getting a very good deal. Could you please tell me which which bank offered you 5.97% for 5 years and what are the other charges on this loan like estd. fees, account keeping fees…

[Read more]

]]> 51e1355a2727e7b483b03ed333a41724 NoviceM replied to the topic Negative & Positive Gearing in the forum No Subject https://www.propertyinvesting.com/topic/4365747-negative-positive-gearing/#post-4415668 Fri, 16 May 2003 06:59:57 +0000

quote:
Hi,

You can get a little more value out of that property if you claim depreciation. (Assuming you’re not already).

For the building itself, you can claim 2.5% of it’s value until the building is 40 years old. There is a slightly different rate if that property was built between ’85 and ’87 but thats a long story.

Also, things such as…

[Read more]

]]> 36fe5c39ce5f5552bf7b5aa46c18c081 NoviceM replied to the topic Negative & Positive Gearing in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4365747-negative-positive-gearing/#post-4415666 Thu, 15 May 2003 06:28:21 +0000 Hi all,

Thanks heaps for sharing your knowledge and words of encouragement. I feel a lot better now and optimistic.

Now, if it’s not too much to ask – how can I add maximum value for minimum cost????

Thanks once again,
Novice

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