FY23 is my first full year with an IP and I am starting to put the data for my tax return together while I have some time off work. I will use an...
Hi there I have signed up for a property mentoring course Before I signed up for the course, I already had an investment property The course was...
Gday everyone, I have a conundrum. I plan to apply to a home loan to buy a property interstate (maybe Brisbane, Perth or Adelaide) later on this...
Hi all, Any feedback is much appreciated, hope this is the right thread. Have been looking seriously for a couple of months and found something...
My income is $5k a month. My monthly expenses are usually $1.5k - $2k however due to some once off purchases April saw my expenses about $5k -...
Hi All Does anyone have a link to a decent Excel spreadsheet for tracking multiple rental properties costs, repairs, agency fees, interest etc?...
Hi all, New to the forum and learning heaps, thanks for sharing so much info everyone! I'm looking at a property in Brisbane - the plan is to...
Hi guys, In the process of purchasing our first investment property and wanted understand how best to use the loans/money we have setup. We...
Just completed tax return and noticed that Etax asked how many weeks of the year was the property rented. Wasn't an issue for us for last...
We purchased a couple years ago in Melbourne and we're now moving to sunny Queensland (rentvesting for now). We've found a recommended property...
Hi In general I transfer my most of my salary to my family (who has property) on a monthly basis since their account earns higher interest...
At the moment due to the rents being down, our units are costing us money so we are in the process of getting them refinanced, hopefully on a...
Travel expenses incurred in visiting your IP is said to be un-claimable after 2017. However, I read this in the October issue of the Money...
Hi fellow PCs, I have a question in relation to serviceability of your loans. Does most people's rent cover most of the loan and expenses? Or is...
In the process of buying my first IP and just trying to work out what percentages to have for our names to be in. What expenses are used to work...
Suppose a property is in the name of my spouse but I sourced a property, undertook a renovation, made repairs to increase rent, can any costs...
Hey all, I have mentioned before that I DIY my own taxes and property management. I am very comfortable with managing tenant affairs and I am...
Hey all, a tax/accounting question.. My new IP settles on Monday 5th, and ill be heading there to do pre settlement inspection etc. I intend on...
I have two questions wondering if you can help me... Q1. (not so important question). when you entering transactions, do you ever enter for the...
I just received my end of year financial statements for 2 IPs and for both of them my expenses were about 26% of income. These expenses do not...
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