Ummm you’re confusing offsetting a taxable capital gain with a later capital loss (in the same fy – I’d have to get the bean counter to confirm that absolute timeframe is not an issue here) with income from interest. What’s new about investing you gain until the tax is otherwise due?

if you ask your buyer’s agent to undertake a task, they can give you a rate – as above, negotiations or auction attendance but the entire site selection is best serviced by either a flat fee or % of cost.

to ask a stupid question Nitro, what relevance do the previous transactions have to your current investigation?

You can call the LTO to find out the available information.

Waste Of F* Money And Time.

Both domain.com.au & Realestate.com.au charge extra for ‘premium’ or ‘prestige’ & ‘feature’ listings which are denoted by being the first listings under the suburb & highlighted in blue or yellow. Of course you get charged for these.

Realestate is agent-exclusive, domain.com.au will take anyone’s money. It depends…[Read more]

god_of_money wrote:
Looks OKbut why not advertise with domain.com.auor realestate.com.au

Everyone knows that these cost money! BUT if the agency has a subscription to these, and which ones don’t, Then a standard advert should be free if not at a minimal cost.

I had not even heard of Realestateview until a couple of weeks ago. It generally is…[Read more]

like everything else in life, if you are inadequately insured you will be liable for the shortfall. This goes for public liability, workers compensation, buildings, office holders etc. The strata manager will not take up the excess liability. They will recommend levels of insurance required, budgets for the sinking & administration funds…[Read more]

the last property clock that I saw was April & Melbourne was already @ 9 o’clock. There’d still be a little good buying around but the opportunities are diminishing.

my guess is they meant ‘building envelope’ not pocket.

it Then comes down to how you distribute the profit from the company.

sounds worthwhile.

You don’t realise the income until settlement of each unit, so you will have claimed much of your gst etc well prior to sale.

are you listening? Profit is not an expense.
A capital gain is the difference between the sale price & your purchase cost + development costs + gst. This is taxable as either profit or income, it is not an expense.
There is no development tax, only tax on profit whether this is at the corporate rate of 30% or at your marginal rate of tax.

Hint:…[Read more]

Generally the fence is a shared cost & the retaining wall is the responsibility of the lower property owner. The two are not usually the same thing as they are usually made of different material eg blockwork & timber.

Why has the wall failed? Eg lack of drainage behind the wall? Have you raised your ground level above the natural ground? Ie…[Read more]

contact a QS.

You may find that there are some substantial savings to be made on face value however any currency fluctuations, time spent in customs , duties payable, lead time, manufacturing b*lls up, time spent in getting issues fixed, meeting Australian Standards, additional risks etc far outweigh the savings.

generally, the agent will charge % of the sale price achieved, the marketing costs. Your solicitors/Conveyancer will charge their costs + disbursements, bank will charge their debt, discharge fees & state charges. You get the rest.

the australian property monitors subscription site

is it the fence leaning or the wall?

in this case, the quick fix is probably the best solution.

The budget price sounds ok but you’ll probably add for insulation, new battens, gutters & downpipes.

Uretek is a good solution for certain problems but so is underpinning – always consult an engineer for an appropriate solution.

Where possible, investgate previous uses if concerned. Department of Lands can usually help if the area was mined, it should also show on the S149 certificate.

repointing & replacing cracked tiles are the only bitS which are worthwhile, the rest is shortterm & cosmetic. Jet blasting, removal of lichen, sealing & colour coatings are unnecessary.