[email protected]'s Recent Activity

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  1. [email protected] replied to the thread VIC Tenant moved in and has not paid rent since.

    Rental loss is a policy option to many "retail" policies. And more typical for rental specific policies such as TS and EBM. Garnishee...

    29th Nov, 2021 at 11:15 AM
  2. [email protected] replied to the thread Tax Tip 77: Redrawing Extra Repayments to Increase Deductions?.

    It wont save any tax. Its will save non-deductible interest expenses which is then not taxed like interest may if it was earned eg Use...

    29th Nov, 2021 at 10:01 AM
  3. [email protected] replied to the thread Stamp duty exemption - PPoR Spouse.

    Your posts make no sense. I would be suggesting to check the understanding with your solicitor as a element of their professional...

    29th Nov, 2021 at 9:53 AM
  4. [email protected] replied to the thread When can I start claiming deductions?.

    A new property under construction is affected by the "vacant land holding rules" which deny deductions until the property is actually...

    29th Nov, 2021 at 9:52 AM
  5. [email protected] replied to the thread Stamp duty exemption - PPoR Spouse.

    The duty rule is about a change of legal interest on title. Change of USE of the property doesnt trigger duty without change of legal...

    29th Nov, 2021 at 9:40 AM
  6. [email protected] replied to the thread Different names on mortgage to title and tax.

    What they are saying that is you are co-borrowers (often allowed for spouses) and you leave the title in your name it improves overall...

    29th Nov, 2021 at 9:36 AM
  7. [email protected] replied to the thread Bought PPOR with existing tenant - Tax Approach.

    Potentially...but not certain. If your intention is to live for amere month its arguable you havent established a main residence and...

    26th Nov, 2021 at 10:03 PM
  8. [email protected] replied to the thread Buying property for parents.

    Each owner must reside, or commence to reside for their respective interest. If they cease to reside then the maximum of UP TO 6 years...

    26th Nov, 2021 at 9:55 PM
  9. [email protected] replied to the thread Capital Gain tax implication on selling erstwhile PPOR.

    No its is NOT possible.

    26th Nov, 2021 at 9:51 PM
  10. [email protected] replied to the thread Defunct businesses in 10 years.

    Hire cars have some funny issues eg underbody damage etc, above roof, tyre or hail even. 3ton trucks have the exclusion of side and body...

    25th Nov, 2021 at 5:03 PM
  11. [email protected] replied to the thread New interior paint job - already peeling.

    Poor prep...And all are wet areas. What type of paint ? Waterbased low sheen ? Was the painted a trade licensed painter ? Unusual if...

    25th Nov, 2021 at 4:54 PM
  12. [email protected] replied to the thread ‘Architect/Builder wants to use my land. Advice?.

    Council approvals may need to authorise them using your land as part of the approval process. Consider a bond , bank guarantee or...

    25th Nov, 2021 at 4:23 PM
  13. [email protected] liked Terry_w's post in the thread Question about potential asset protection scenario.

    Changing trustees doesn't remove the debt and because trustees are indemnified out of trust assets the assets of the trust could be...

    25th Nov, 2021 at 4:18 PM
  14. [email protected] replied to the thread NDIS Accom Investment and GST.

    If the income is GST free (being residential rents that are input taxed) then the GST on construction is not creditable unless a supply...

    25th Nov, 2021 at 3:45 PM
  15. [email protected] replied to the thread Depreciation schedules- Are they all the same?.

    Another issue I considered is allow a large QS firm to create a inhouse tax agent service for property focussed tax services so the...

    25th Nov, 2021 at 3:09 PM