Paul, thank you for your detailed response, i appreciate it. Good to hear my accountant is correct. My accountant friend who is a company...
Take a look at this, under the heading of individuals. How to claim a tax loss | Australian Taxation Office
Thank you Terry. Does it matter if the income came from the sale of a property and not from her employment?
Thank you Wylie, i appreciate the reply.
Hello everyone, Would someone here be kind enough to settle a debate for me. My accountant is saying yes you can, my friend who is also an...
For me it was Dan Andrews and his goons.
Loved his music. RIP.
I've had the champagne on ice for years. This guy is like the terminator. :(
If he's harassing you then it's a good sign- there's not much interest in the property.
To be honest I wouldn't be investing in Victoria. I'd be looking interstate.
I have purchased two properties at auction. All these suggestions are great but at the end of the day the person with deeper pockets wins.
For now I'll be leaving it in the bank and live a simple life. It's what the government wants isn't it?
Property investing in Victoria is well and truly over. Dead and buried. I'll be selling up shortly. Not much point keeping them.
100% rent caps will be introduced. That will be the final nail to shut the coffin shut!
My property investing days are now over. Selling up and living a more simple life. The victorian government just makes it impossible to invest in...
I don't understand the annual property tax on commercial property payable after 10 years. So if you sell it within say 5 years you don't pay the tax?
You can increase the rent every 12 months in Victoria.
Hi Shahin, Thanks for the advice. Was hoping with commercial finance equity would be enough to get you over the line, but looks as though it's not.
Hi Tony, Thanks for the reply. A commercial broker is the best option i think.
Thanks Terry, i will do a bit of research into this.
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