If the logic behind the carbon tax is to change our behaviour when it comes to consumption, it fails on 2 counts: it provides compensation to industries & consumers, it does not provide incentives to move toward low emission technology or alternative power. Manufacturing can still use oodles of power & pass on the cost to consumers eg aluminum…[Read more]

hmmm……. Your firm’s website is for people who are researching you & your business. It invariably gets very little traffic other than vendors. surprisingly very few buyers click through from domain.com.au or realestate.com.au to your website.

Review your strategy.

Unless you are buying at a really good yield be prepared for a lack of capital growth. There have been plenty of negative commentries on this type of investment.

You might try to contact some of the smaller operators in this field to see if there is any interest. You could do this by checking out who operates this type of accommodation across Brisbane.

Why ? You may be better served by seeing a financial planner to get you an investment plan.

Why point the finger solely @ property investors using NG? Equity investors should also suffer the same consequences. The ato cannot simply remove ng from one investment class but not another which uses similar principles.

1 Having exchanged @ the auction, your agent is responsible for ensuring that all the conditions of exchange were met. Obviously, he did not do his duty and may be liable in part.
2 do you have a solicitor or conveyancer? What is their position? Why have they not ensured that the deposit was paid in full when you advised only part deposit was…[Read more]

check the council’s LEP – that will explain each zoning & permitted use. Restrictions will apply for subdivision, densities, use Etc…….

it falls squarely on the builder’s shoulders, he organisers jemena to install the metering.

Notification Of Electrical works = NOE

has the builder submitted the NOE? Have meters been installed? Are the overhead wires connected to the house? The builder is generally only required to submit the notification of electrical works to the authority, provide the point of attachment, wiring to the board, have the installation inspected & meters installed. It is your obligation to…[Read more]

1 by renting elsewhere & renting your place, interest, rates, maintainence etc become tax deductions not dead money. Renting elsewhere allows you to live in a better place than yours.

You might look at renting the inlaw’s place or buying it at a discount.

As you don’t own it yet no you can’t BUT if the house is vacant and the owner amenable, then the vendor will need to sign an agency agreement with directions property is available on day after settlement, you will need to sign agency agreement starting @ settlement. Vendor is not to be liable for any letting costs. The agent needs an agreement in…[Read more]

You pay stamp duty on the contract of sale & the mortgages unless there are some exceptions in Qld.

hint #1 don’t sell unless you have to. Look @ alternatives, Is it possible to move out of the ppor & use it as an ip? You’ll either rent elsewhere or move in with parents. Buying & selling exposes you to sales commissions, marketing & stamp duty costs.

Hint #2 convert your loan to interest only, to save a few $ on repayments

There is no shortage of real estate agents, most residential agents are just short of skills. What do you expect when you can get your ticket in 3 days or your license in 4 weeks.

Most commercial agents have got more than the basics ie they will have a land economics degree, specialise in sales, portfolio/property management, asset management…[Read more]

You might also consider buying it jointly or wholly inside a smsf – lower tax rate & capital gain rate capped as well.

As it is commercial property, there are no issues with transfer between you & your fund.

Terminology varies slightly between states – a villa in NSW is one of a series of single storey strata titled housing which may share common walls, in Qld, these are duplexes. Townhouses are 2 storey villas. NSW duplexes are generally 2 dwellings sharing a commonwall, most commonly 2 storey ie a big house with a dividing wall.

Checkout NSW lands…[Read more]

You pay stamp duty on the value of the contract for sale ie $700k, you wil pay stampduty also on your mortgage of $500k (and possibly another one for $200 k for the private loan).

what is the interest rate which would apply on the card when you fail to make a payment or the freebie ends?

You will be paying about $300 pcm in principal.

Australian property monitors also have days on market information – they trawl the adverts. Also a paid service.