PropertyInvesting.com | wafti123 | Activity https://www.propertyinvesting.com/members/wafti123/activity/ Activity feed for wafti123. Mon, 13 Apr 2026 18:15:05 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 fbecb13fc986a5b52980772a48002abd wafti123 replied to the topic Moving back into PPOR in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4403114-moving-back-into-ppor/#post-4643961 Wed, 23 Mar 2011 00:07:38 +0000 Yes, great comments guys. Thanks for that.

]]> 635bb5a28fa84967a8532b84d2964f77 wafti123 replied to the topic Tax Deductible Expenses in the forum I think you are right luke. https://www.propertyinvesting.com/topic/4402347-tax-deductible-expenses/#post-4639072 Mon, 21 Mar 2011 08:33:42 +0000 I think you are right luke. According to http://www.ato.gov.au/corporate/content.asp?doc=/content/00244448.htm the fridge is not instantly deductable.

Cheers,

Dan

]]> f589f96986c424e3321d0cce6cbece2c wafti123 replied to the topic Tax Deductible Expenses in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4402347-tax-deductible-expenses/#post-4639069 Mon, 21 Mar 2011 08:21:37 +0000 Thanks Luke86,

yes, the fridge is included. The house is my PPOR but I have decided to move out and rent the rooms for a while. I left my fridge there. The fridge was given to me so I don’t have records of the original cost.

]]> 28000bdb83cacb310cadc910818af353 wafti123 replied to the topic Tax Deductible Expenses in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4402347-tax-deductible-expenses/#post-4639067 Mon, 21 Mar 2011 08:04:29 +0000 Sorry to raid the thread, but can you claim the cost of replacing a fridge in a rental?

I assume this is expense in nature (rather than capital) because you are replacing something that was there before that did exactly the same job and doesn’t add value to the property.

]]> ebda36f9db53965f79f61e5cf882912d wafti123 replied to the topic PRINCIPAL & INTEREST VS INTEREST ONLY OFFSET in the forum Help Needed! https://www.propertyinvesting.com/topic/4402962-principal-interest-vs-interest-only-offset/#post-4643150 Thu, 10 Mar 2011 10:52:50 +0000 Terryw wrote:
Any deposit into a loan is a payment and any wthdrawal is new borrowings.If you pay money in advance into a loan and then later take it out to buy a new main residence the interest on this 'new borrowings' will not be deductible.have a look at this weeks newsletter at http://www.bantacs.com.au (no 222 from memory) as there is a really…[Read more]

]]> 4a667669b51db917e1ae299e4908d3e9 wafti123 replied to the topic Six year rule for CGT Clarification in the forum Thanks, that answers my https://www.propertyinvesting.com/topic/4401174-six-year-rule-for-cgt-clarification/#post-4631767 Tue, 14 Sep 2010 04:29:48 +0000 Thanks,

that answers my questions :-)

]]> 468747b36987a8a66bf5b2a4622d61f1 wafti123 replied to the topic Six year rule for CGT Clarification in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4401174-six-year-rule-for-cgt-clarification/#post-4631764 Tue, 14 Sep 2010 03:20:09 +0000 Thanks guys,

I was wondering that if you don’t change your mailing address, how can you prove to the ATO that you were absent from your PPOR. It seems that there is nothing stopping someone from saying that they moved out for a short time to claim the CGT exemption while actually living in their PPOR.

Dan

]]> 893db997a6c44e3282bb28b8ac94d829 wafti123 replied to the topic Six year rule for CGT Clarification in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4401174-six-year-rule-for-cgt-clarification/#post-4631761 Tue, 14 Sep 2010 02:03:21 +0000 Hi Kris,

that is a great answer, thanks. I am not going to buy another property. I was thinking of boarding with my folks or renting somewhere closer to work so that I can cycle to work while my car is out of order. Finding tenants isn’t too hard as my friend has already expressed interest.

I am able to collect my mail from my PPOR once a week.…[Read more]

]]>