PropertyInvesting.com | thinker | Activity https://www.propertyinvesting.com/members/thinker/activity/ Activity feed for thinker. Wed, 15 Apr 2026 00:34:48 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 de3a38af556adb135f7297fe392f2eff thinker replied to the topic Relocation from Sweden to Australia in the forum Help Needed! https://www.propertyinvesting.com/topic/4399367-relocation-from-sweden-to-australia/#post-4621031 Fri, 02 Apr 2010 10:50:58 +0000 Generally speaking (and very generally) anything benefit you receive from your employer (such as purchase of appliances) is a fringe benefit and subject to Fringe Benefits Tax – ie. same as income tax.

What you should look at is LAFA – Living Away from home allowance – see…. http://www.ato.gov.au for details of the tax benefits

I personally wouldn’t…[Read more]

]]> 7c5404373298f596f5083a84f5b1ac4b thinker replied to the topic To hang on patiently or buy?? in the forum Help Needed! https://www.propertyinvesting.com/topic/4396990-to-hang-on-patiently-or-buy/#post-4607959 Sun, 16 Aug 2009 09:52:25 +0000 Not sure that it really helps but it might be worth considering how you account for the capital loss on your alternative investment. My first thought would be (abeit not ideal) offsetting the capital loss against capital gains in an IP via selling one. At least then you might get something for it! You’ll need some advice on that one.

]]> 3d39115c171091217383e9155f3b9939 thinker replied to the topic renters liability in rented house ? Don’t knw if anyone offer this type of insurance? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4396591-renters-liability-in-rented-house-dont-knw-if-anyone-offer-this-type-of-insurance/#post-4605835 Tue, 14 Jul 2009 11:49:09 +0000 And living with three girls can equally be dangerous ;)

ciciwx wrote:
Don’t knw if anyone offer this type of insurance?   Hey  I rent a house at the moment and share with 3 girls. Lease under my name only, they are house mates.  I also own 2 IPs.  I was chatting with an IP investor the other day. He said if someone cause fire and burn down the h…[Read more]

]]> 779e3e42114b8e07ba603b51fad95872 thinker replied to the topic renters liability in rented house ? Don’t knw if anyone offer this type of insurance? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4396591-renters-liability-in-rented-house-dont-knw-if-anyone-offer-this-type-of-insurance/#post-4605834 Tue, 14 Jul 2009 11:44:59 +0000 I think this may be the point of liability insurance – you will find that most contents policies have this (though I would have my housemates on the policy).I experienced this first hand where my tenants accidentally flooded my unit (and subsequently those below!) through their apparent negligence. Their insurance covered their liability as I…[Read more]

]]> b2a33e815eabf8bb1c025204352ebeb4 thinker replied to the topic Two q's: Moving overseas & depreciation calculation in the forum Help Needed! https://www.propertyinvesting.com/topic/4395637-two-qs-moving-overseas-depreciation-calculation/#post-4600654 Wed, 11 Mar 2009 11:08:27 +0000 and a depreciation report should be <$500 :)

]]> 852fd6884bb3d202acddbdf7b47cff0b thinker replied to the topic Two q's: Moving overseas & depreciation calculation in the forum Help Needed! https://www.propertyinvesting.com/topic/4395637-two-qs-moving-overseas-depreciation-calculation/#post-4600653 Wed, 11 Mar 2009 11:07:37 +0000 You can accumulate losses whilst non-resident. Have a look for the book "The australian expat – the luckiest person on earth" which has a simple explanation. It also explains depreciation.

]]> d9c6cea42bc31243aec67f61eda5b37b thinker replied to the topic Buying a property with 3 friends in the forum Help Needed! https://www.propertyinvesting.com/topic/4395653-buying-a-property-with-3-friends/#post-4600707 Wed, 11 Mar 2009 11:04:55 +0000 You should also think about your liability (Someone with more knowledge should chime in here) but if you are jointly liable for the entire mortgage it will significantly impact each of your serviceability for further investments. This means that each of you are treated as having the full mortgage not just your share! This was always the major…[Read more]

]]> 47c94b443f98f17e5b3aec01a1051608 thinker replied to the topic 2.3 million of property in the forum Just manage your risk and https://www.propertyinvesting.com/topic/4393362-2-3-million-of-property/page/2/#post-4588255 Fri, 13 Jun 2008 13:32:27 +0000 Just manage your risk and maintain the necessary buffers (in our case 2 years unemployed) …. direct property for me is a long term investment (though many here have the skill and time to make it a short/medium term investment)

]]> 9f35e4b99dbe568dd0aae64bde947085 thinker replied to the topic swimming pool in the forum General Property https://www.propertyinvesting.com/topic/4392932-swimming-pool-2/#post-4585797 Mon, 21 Apr 2008 09:48:11 +0000 We haven't had too much trouble with ours – and we do have tenants that you would think twice about this with. (share house – but the guys are quite responsible) We were initially nervous so we originally factored in pool service and chemicals – but ratcheted this back to just providing the service monthly. If the right chemicals aren't available…[Read more]

]]> cfb8189fc0c84cae7d1c3a6a69307d07 thinker replied to the topic Novated Lease and IP Travel deduction in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4392371-novated-lease-and-ip-travel-deduction/#post-4583047 Tue, 19 Feb 2008 11:26:27 +0000 all costs are salary sacrificed. additional costs over and above are probably hard to argue as it is marginal (maybe 3k / year). I guess the benefits are factored into the additional km that reduce salary sacrifice fbt. 

]]> 97b08c319163cb025a36c1c2d9fc37d5 thinker replied to the topic Renting: Agent having serious trouble fixing appliances in the forum Help Needed! https://www.propertyinvesting.com/topic/4391576-renting-agent-having-serious-trouble-fixing-appliances/#post-4578118 Wed, 05 Dec 2007 12:49:21 +0000 They did do the initial inspection – albeit with nil comment. the initial condition report was not thorough, reality was that the place was just grotty with some rough edges – reflected in our thorough amendment to the condition report. But does raise the fact that inspections seem really rare in Sydney when I talk to people.I contrast this to my…[Read more]

]]> e1a05787abb8bb1be778067bdb03960e thinker replied to the topic Renting: Agent having serious trouble fixing appliances in the forum Relocation is just an https://www.propertyinvesting.com/topic/4391576-renting-agent-having-serious-trouble-fixing-appliances/#post-4578116 Wed, 05 Dec 2007 11:03:52 +0000 Relocation is just an inconvenience.I suspect, given advertising, that the agent has good expat market that would yield higher than us anyway so it wouldn't fuss them :) The owner is an expat as well so there is no close management .That being said, 4 years and no inspection – not sure I would be comfortable with this but each to their own.Happy to…[Read more]

]]> 5ae868503afbdebdcd1f46ff1cca655e thinker replied to the topic Investing in the Philippines in the forum my 2c Off the plan resort in https://www.propertyinvesting.com/topic/4390026-investing-in-the-philippines/#post-4569782 Thu, 15 Nov 2007 10:02:34 +0000 my 2cOff the plan resort in Australia is fraught with potential issues, let alone the Philippines. Make sure you factor in the political risk – it is still a third world country.

]]> 3d89822782daf635239028d463d4738d thinker replied to the topic Very concerned about my wealthscore ... in the forum Help Needed! https://www.propertyinvesting.com/topic/4391265-very-concerned-about-my-wealthscore/#post-4576440 Fri, 26 Oct 2007 14:22:32 +0000 I wouldn't be too worried – we are roughly the same age with good salaries and a few IP's – Time is our friend and if you take a ten year view, it is all positive. Remember that super is a larger contributor to the GenX/Y than in the past.

]]> 10642a979eab5c9539339bb7d2ff8c08 thinker replied to the topic Stamp duty claimable? in the forum General Property https://www.propertyinvesting.com/topic/4390031-stamp-duty-claimable/#post-4569795 Tue, 26 Jun 2007 14:22:26 +0000 Leasehold (ie. ACT / NT) is the exception.

]]> 6ae4196ca047fdc0a2e719a5d79a98d3 thinker replied to the topic Urgent advise needed re tenant terminating lease early in the forum Help Needed! https://www.propertyinvesting.com/topic/4389732-urgent-advise-needed-re-tenant-terminating-lease-early/#post-4568154 Mon, 28 May 2007 11:10:19 +0000 Be transparent, straightforward and non-emotional. Allow some reasonable allowance for those less fortunate (either emotional intelligence,  financially endowed or other circumstances) and you will be fine.It is an investment after all…. Best not to react and be pissed off.T.

]]> fcfd1961eb9930fd6abbcb486ed618ed thinker replied to the topic Can you help? in the forum Help Needed! https://www.propertyinvesting.com/topic/4380980-can-you-help/page/4/#post-4521591 Wed, 14 Dec 2005 16:09:22 +0000 Firstly, I would like to say that this site has been very useful to me over the last 12 months, my suggestions:

1. Long Term Investing
Some (many?) of us apply the buy/hold strategy, and in my case I am income healthy / time poor so it makes sense at my point in life. Some thoughts and analysis on the long term outlook, strategy and how this fits…[Read more]

]]> 25422ba6b28c1841a5d8cf3c49ca2225 thinker replied to the topic Tax deductability of loan from relative in the forum Help Needed! https://www.propertyinvesting.com/topic/4379051-tax-deductability-of-loan-from-relative/#post-4508544 Mon, 07 Mar 2005 22:50:37 +0000 Originally posted by foundation:
Are they declaring the interest you pay them as income for the purpose of income tax collection?
I can’t believe you’ve left it until now to look into what are crucial issues!

It is a relatively small amount and yes, they are declaring the income.

]]> f406f3fcfbffdbf79452f7030910d737 thinker replied to the topic Moved out of PPOR - is it an IP? in the forum Help Needed! https://www.propertyinvesting.com/topic/4379050-moved-out-of-ppor-is-it-an-ip/#post-4508537 Mon, 07 Mar 2005 14:51:04 +0000 Originally posted by Benny:
Since then I have been renting it out…

Is this now treated as an IP from the date I put it on the rental market?

Thanks!

Hi Thinker,

I believe this was an IP from the moment you advertised it as a “renter”. But there could be other issues – one of those is the CGT exemption of “your own home”. Will you get to…[Read more]

]]> 28ee41db635d7e59a6779f359755e1e4 thinker replied to the topic Tax deductability of loan from relative in the forum Help Needed! https://www.propertyinvesting.com/topic/4379051-tax-deductability-of-loan-from-relative/#post-4508542 Mon, 07 Mar 2005 14:43:20 +0000 It is directly backed to backed with a loan to my parents (in their name) from the bank if that makes a difference.

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