S

So from what you said (lease is due on the 30th of June), as a landlord, I cannot give the tenants a notice on the 15th of June and expect the tenants to vacate the property by the 15th of July?

Thanks,
S

According to the fair trade website (NSW), the minimum period of the termination notice given by the landlord 30 days if the fixed term of the agreement is due to end.

My question is:
Does it mean the landlord needs to give the notice 30 days prior to the fixed term ending date?
Or, Can the landlord give the notice any day prior to the…[Read more]

I just received a notice to pay the land tax for my investment property in Sydney where I am planning to turn into my PPOR in May this year.

Do I have to pay the full amount of the land tax or just a portion of it as I will only be renting it out 4 out of 12 months this (calendar) year.

Thanks in advance,
Zee

Sayan

According to below, would it meant that if I happened to turn the IP into PPOR after the second year, then a deduction of the balance of the borrowing expenses (over $100) can be claimed in that year?

" If your total borrowing expenses are more than $100, the deduction is spread over five years or the term of the loan, whichever is…[Read more]

It does make sense to use the number of years the property is rented out. Also, found this:

Borrowing Expenses – deductible over the period of the loan where the loan is less than five years. Otherwise deductible over five years.

Cheers,
Sayan

Sayan.

I am in a similar situation, i.e. first open for rental inspection this weekend with the property settling in two weeks.

I am thinking of going in during the inspection to have a look at the state of the house so I can arrange cleaning etc if needed before the first tenants move in.

Is it something that is OK to do or is there some legal…[Read more]

Cheers, 
Sayan

Thanks, Michael.

S.