PropertyInvesting.com | Queensland tourist | Activity https://www.propertyinvesting.com/members/queensland-tourist/activity/ Activity feed for Queensland tourist. Wed, 15 Apr 2026 08:27:14 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 325f7f07c53f386878136aaddc17d19d Queensland tourist replied to the topic If this was your situation, what would you do? in the forum Help Needed! https://www.propertyinvesting.com/topic/4410279-if-this-was-your-situation-what-would-you-do/#post-4696359 Sat, 16 Nov 2013 08:37:20 +0000 VF, It comes down to your aversion to debt, as you have already stated you own Sydney property outright. If your plan is to own several properties, then IO loans are the way to achieve this sooner. As you stated that your Brighton property will one day become an IP, you should consider switching this to IO sooner rather than later. You can always…[Read more]

]]> 9ec4e84c47422e73cf6fd4a1cd2318b8 Queensland tourist replied to the topic Claiming missed borrowing expense deductions in the forum Richo, Quick search of ATO https://www.propertyinvesting.com/topic/4409957-claiming-missed-borrowing-expense-deductions/#post-4694422 Thu, 05 Sep 2013 08:34:17 +0000 Richo, Quick search of ATO suggests there is a 2 year limit on individuals and small business.
Give the ATO a ring and they can lead you towards the forms to be completed for amendment.

http://ato.gov.au/General/Correct-a-mistake-or-dispute-a-decision/Correct-%28amend%29-an-income-tax-return/Amendments/

]]> 763cbce00995f17e8b18f94e822460ed Queensland tourist replied to the topic Cost of first tax return as a landlord... in the forum renel, regardless of the cost https://www.propertyinvesting.com/topic/4409857-cost-of-first-tax-return-as-a-landlord/#post-4693981 Tue, 13 Aug 2013 23:56:56 +0000 renel, regardless of the cost, make sure the tax agent knows their stuff in property ownership as this will cost you big time in the long run.
My wife and I have 3 properties and both work, our last years returns cost $260 each for preparation.
Agent manages 3 depreciation reports and I supply 3 excel spreadsheets with income and expenses sorted…[Read more]

]]> f1b0e64f894cc952face75c8f2abe211 Queensland tourist replied to the topic Has anyone got advise on NRAS? in the forum Help Needed! https://www.propertyinvesting.com/topic/4409503-has-anyone-got-advise-on-nras/#post-4692022 Sun, 09 Jun 2013 03:54:41 +0000 Donna, against the advice given by 'Investily', you can sell within the 10 year period to anyone. You have the choice to offer it to an investor to remain within the NRAS scheme or you can sell it to open market and have the property removed from the NRAS pool.

There is generally a 6 month notification clause if you wish to sell outside of NRAS…[Read more]

]]> 0be2e3a884d9719ece89175c80f6f424 Queensland tourist replied to the topic Changes to a rental property in the forum Help Needed! https://www.propertyinvesting.com/topic/4406047-changes-to-a-rental-property/#post-4665262 Sat, 10 Mar 2012 00:03:48 +0000 Tuggerwaugh, best to start with the Residential Tenancies Act of Tasmania  http://www.austlii.edu.au/au/legis/tas/consol_act/rta1997201/As for phone contact, the best place to start is through Consumer Affairs and Fair Trading on 1300 65 44 99. They are responsible for the Residential Tenancies Act.This change of removing the carpets and NOT…[Read more]

]]> bca9d51d24dd0463f1c5edd302ed6509 Queensland tourist replied to the topic Off the plan apartments in the forum Finance https://www.propertyinvesting.com/topic/4402519-off-the-plan-apartments-2/#post-4640056 Thu, 10 Feb 2011 07:46:36 +0000 Hey Dean,Just bought my second IP, this time in Brisbane. Brand new 3 bedroom unit in complex. There were 3 different buyers purchasing same layout of unit who had 3 different valuers from 3 lenders.One came in and valued at the sale price, one valued at sale -5% and mine valued at sale -10%.Exactly the same property but with a $30000 variation.I…[Read more]

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