Paul@PAS's Recent Activity

Paul@PAS replied to the thread NSW Tenant requesting to replace carpet with floorboards in IP.

Yeah I can see things going wrong - whats the remedy. That said I wouldnt be opposed to assisting them achieve something as long as it...

Paul@PAS liked Roselin's post in the thread NSW Tenant requesting to replace carpet with floorboards in IP.

Hi Paul, Forgot to mention the IP in question is a house - can't seem to edit the original post :confused: Thanks for your helpful...

Paul@PAS replied to the thread Passed In - First Negotiation.

So this applies to any buyer ? Its not an attractive proposition. Almost encourages a under bidder to wait it out. Other states?? I...

Paul@PAS liked Marty McDonald's post in the thread Passed In - First Negotiation.

Just as an aside the first 24 hours after an auction in NSW the contract is still under auction conditions. I know this because we sold...

Paul@PAS replied to the thread Low cost DIY SMSF for an ETF portfolio.

That article is something some nutter submitted to Treasury and isnt a Treaury produced article. It has some incorrect facts an also...

Paul@PAS replied to the thread SMSF Issue - Did you know what happens on death ?.

Yes.....It is soooo often overlooked. Sometimes have a ungeared unit trust also limits the damage. Its easier to change unitholders...

Paul@PAS replied to the thread Handling equity without mixing.

And usually best if each loan has its own distinct offset initially for unused borrowing. Dont mix other money in it.

Paul@PAS replied to the thread Long Term Property Owner Capitol Gains Tax.

Registered valuer. Duotax do things fairly cost effectively

Paul@PAS replied to the thread NSW Tenant requesting to replace carpet with floorboards in IP.

Do you know what is under ALL the carpet. It could be an appalling surface needing much work. Many rip up carpet and find a pineboard...

Paul@PAS replied to the thread Benefits of multiple offset accounts.

The offset in such a way still reduces total interest not that of one borrower etc. I dont see any tax concerns. Yes helpful to show...

Paul@PAS replied to the thread Reverse Mortgages.

Reverse mortgages are much harder to work as rates have risen. To avoid serious consumer credit issues reverse mortgages are often used...

Paul@PAS posted a new thread.

SMSF Issue - Did you know what happens on death ?

I have had three clinets in a short period all seek to consider a SMSF. They see their super balance and its burning a hole in their...

Forum: Superannuation, SMSF & Personal Insurance

Paul@PAS replied to the thread Terracotta Tiles.

Go to Bunnings paint counter. There are specialist tile paints for floor tiles. Terrcotta bonds well as the surface is generally quite...

Paul@PAS replied to the thread Sounding Board PC- Sale of IP to reduce PPOR Debt.

In the past year we have seen many investors sell down property that is costly due to high rates and land tax and pay tax. Then take the...

Paul@PAS replied to the thread Smell from backyard - sewer easement?.

Maybe they cleaned up the overflow. Could be a blockage. These vents are intended to allow sewer blockage to overflow. Often tree roots