Fair enough. It was more a general comment on how hard it is it to find IP in the $500K price range. I am interested and open in Perth,...
I'm considering a L&H 3x2x2 for just under $500K in outer ring Melb. But's a TH on 160sqm. Less than $500K does seem rare.
Thanks Sash, the land size was 221sqm and it just seems pokey. There's something psychological about that 250sqm number. 300sqm would be better,...
Hi Scott, I'm really annoyed that after working out a "back of envelope" financial plan and saying she normally presents two properties, she came...
Thanks Spludgey. Yes, the appreciation on the land is more important. I never considered that banks don't factor in depreciation. I never...
Thanks for the comments. The input has flipped on a few sleepy property/financial planning neurons in my head. I had put off this lady for a...
Hi all. I'm a "returning investor newbie" and I have a proposal from a "property service" company. It's a H&L offer but nothing signed yet, no...
Thanks for keeping everything up and running Simon. So far so good.
Hi Ausprop. I'm getting back into the market after a very long haitus, getting back into researching and considering a H&L package. I have an...
I know sometimes people hear things differently from how I ask them. But when he defended his view by pointing to the examples in the ATO...
Ah...maybe. He didn't say I could claim a portion of the time before I moved in. I'm just thinking about the recent time since 2017 after I...
He did mention stamp duty and other purchase costs can be applied to the income. Insurance like building and landlord, I just claimed during the...
Yep, I used to think that it was based on values while renting it out. It's just time, and it's a much easier calculation. :)
I sat with my tax accountant this morning and he told me that I cannot use the 6 year absent owner rule AT ALL because I rented out my home...
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