PropertyInvesting.com | sfrodgers | Activity https://www.propertyinvesting.com/members/sfrodgers/activity/ Activity feed for sfrodgers. Tue, 14 Apr 2026 23:20:55 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 5696e649ef779fb16849d8d8570663a2 sfrodgers replied to the topic LOC for maintainence and repayment surplus in the forum Finance https://www.propertyinvesting.com/topic/4400682-loc-for-maintainence-and-repayment-surplus/page/2/#post-4628790 Fri, 10 Sep 2010 11:13:51 +0000 The biggest trap with LOC is that people use them for investment purposes and use them to pay personal expenses. A LOC should be set up to have all your rent paid into that account and then all your IP's outgoings  paid from that account. No personal expense should be paid from the LOC because the tax department will crucify you.

]]> 7c6c92a54e17b8c2459bc113e455a5d8 sfrodgers replied to the topic How to negotiate flat fee for property management? in the forum Help Needed! https://www.propertyinvesting.com/topic/4386863-how-to-negotiate-flat-fee-for-property-management/page/2/#post-4554990 Sun, 15 Oct 2006 10:31:02 +0000 I disagree with your accountant on the depreciation. One of my properties was built in 1971 and we still obtain very good depreciation on the fixtures. Its only a nedium size 3 x 1home. No building depreciation though.

Contact Depro and for about $400 you will be pleasantly surprised how much you can claim. You can also back claim if you have…[Read more]

]]> bdf141af0ca8854db8bd5be5581173e6 sfrodgers replied to the topic Accountants- I feel somewhat ripped off in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4386111-accountants-i-feel-somewhat-ripped-off/#post-4551423 Sun, 15 Oct 2006 09:59:39 +0000 For a very good accountant in Perth I use Gogas and Associates. Theo Gogas can be contacted on 93153947.

He is very good with property investments and he invests in property himself

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