https://www.propertyinvesting.com/members/shayde/activity/ Activity feed for shayde. Mon, 13 Apr 2026 10:44:43 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 6d0933cfd4f14c74c34493389256f2bc https://www.propertyinvesting.com/topic/4393866-question-about-tax-return-with-property/#post-4591071 Wed, 20 Aug 2008 00:04:59 +0000 It totally depends what tax bracket you are in – if you're in the 30% tax bracket, then you will get roughly 30% of all of your property expenses back in your tax return. Depreciation can help bump this figure up. I would definitely speak to another accountant who has more experience working with IP's, there are loads of deductions available to…

]]> 267d9c743f3c176159042dc3cff3845b https://www.propertyinvesting.com/topic/4393924-capital-gains-tax-on-a-shared-investment-property/#post-4591354 Tue, 19 Aug 2008 23:58:53 +0000 Hi Pete, your second calculation is right, because it's a 50/50 share, you need to divide the purchase price by 2.So your half of the purchase price is $50,000, and your sale price is $120,000 = $70,000 difference. With the 50% concession for holding the property longer than 12 months, the amount that capital gains tax will apply to is $35,000.

]]> 08be342d97b7f1148fe9198de03a3f58 https://www.propertyinvesting.com/topic/4393684-cancelling-pm-contract-managing-ourselves/#post-4590034 Mon, 07 Jul 2008 04:31:59 +0000 Your agent charges 3 weeks rent to find a new tenant?  That seems ridiculously high to me!!  We have 3 IP's in Queensland and we pay one week's rent plus GST each time a new tenant signs – or $25 plus GST "re-sign fee" if the same tenant re-signs for another fixed period. I have never heard of such high management fees before?? There are ce…[Read more]

]]> 2fb6aff200e31201f6ba2f8df967c994 https://www.propertyinvesting.com/topic/4393147-help-doing-tax-return-for-the-1st-time-with-an-ip/#post-4586589 Tue, 24 Jun 2008 05:32:00 +0000 I think you will be partially liable for CGT, regardless of whether you claim interest expenses, etc. Speak to the ATO – they have a great example on their website (full details here: http://www.ato.gov.au/individuals/content.asp?doc=/content/36910.htm). You can claim a portion of the interest, rates expenses, etc, but you should also technically…[Read more]

]]> a5c0a2a9679a7591148ac5f23216dedf https://www.propertyinvesting.com/topic/4393439-first-timer-newbie-with-some-general-questions-re-gold-coast-property/page/2/#post-4588640 Mon, 16 Jun 2008 02:46:59 +0000 Hi Ben, It's currently a buyers market so I would say now (to early next year) is a great time to buy! I bought a property in Varsity Lakes 2 years ago, it's gone up in value by $35k so far (bank valuations) and even if, as Scamp predicts, the market crashes on the Gold Coast, that won't affect me, because I'm not planning on selling for another 1…[Read more]

]]> 0668236bcaa994e72a04e896bea1c0fd https://www.propertyinvesting.com/topic/4393475-to-sell-or-not-to-sell-advice-please/#post-4588821 Mon, 16 Jun 2008 01:38:41 +0000 Hi atevans,Are you looking to sell because it's costing you too much to hold? My opinion is, if you can hold it, don't sell – it's a buyers market and you will almost definitely not get the best price. If you wait 12 months the market will pick up and you'll be in a position to negotiate a much better price. Residex/RP Data/BIS Shrapnel are all…[Read more]

]]> 621a5aebc22284097bfa22d505c861c8 https://www.propertyinvesting.com/topic/4393097-looking-for-investors-who-would-like-to-submit-an-article-or-be-featured-in-a-new-property-investor-magazine/#post-4586388 Fri, 09 May 2008 02:09:03 +0000 Hey Mel, Is the mag going to be online or in print?  What age qualifies as a "young" investor?? I have a few stories I could share, but I'm late 20s and my partner is early 30s..

]]> cc0fb09f0fc059509c6890dbb67208ff https://www.propertyinvesting.com/topic/4393155-getting-out-of-debt/#post-4586618 Fri, 09 May 2008 01:08:26 +0000 CONGRATS!  It's such a good feeling isn't it – I paid off a credit card in January – it was only $2000 (still have another $6000 to go!) but such a great feeling to pay that final payment!  Especially at the moment, with interest rates as high as they are.. Anyway well done!

]]> cd7e289e491dffa5f15001cb6356302d https://www.propertyinvesting.com/topic/4389714-investing-with-other-people-question/#post-4568058 Tue, 29 May 2007 06:23:26 +0000 hi BrownyCheck your contract – there is an agreed amount stipulated in the contract that a property manager is allowed to spend on repairs without your approval.  It often defaults to $300, (I always reduce mine to $150).If you authorised him to get quotes, and he went ahead and got the work done, it sounds like your property mana…[Read more]

]]> b1358bdf26258c826302058982c5a499 https://www.propertyinvesting.com/topic/4389720-investing-in-perth-3/#post-4568075 Tue, 29 May 2007 06:04:46 +0000 hi LeddI've bought several properties sight-unseen, and I would definitely recommend buying interstate! I live in Sydney so buying here is pretty much out of the question for me – instead I own 3 properties in QLD, and I have only physically seen one of them.I would generally prefer to view the property before I buy it, but if the property is in…[Read more]

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