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I hope this is the right place for this post. We are currently renting by rooms to student (total of 4 rooms = 4 different leases). When we purchased the IP I took out insurance through my lenders; but 4 months down the track they refunded my money saying that they underwriting guidelines did...

My children are growing up and its about time for them to learn some skills around the house. This year (during this holiday period) they are helping me with painting, deck oiling and other maintenance job at one of my IP. They have not demanded to be paid, but I think its fair to reward their...

With this heat, cooling is essential for my tenants; and the evap cooling in one of my IP just said today I had enough :(. After replacing a new fan motor last year and now it does not seem to want to work with the old controller, we decided to get the unit replaced and to get ridd of the...

I have a rental lease with one of my tenants that ends on the 19th Dec and when she gave me notice to vacate, I gave her the list of instruction to vacate which contains that she need to pay rent until the 19th Dec. I did this to all previous tenants and also when I myself rented long time...

We need a pantry and thinking about building shallow pantry (3600 mm wide, 450mm deep, and 2400 mm high). We can only have sliding doors to fit the space. 1. We need 350-370 cm deep shelving materials (white laminated) but Bunnings only have 295, 445 or 600 mm deep laminated stuff). 2. The...

I have just done an inspection on my IP and found out that the house hasn't been cleaned for about 9 months (since last inspection). The accumulation of dirts and grimes are particularly obvious in the bathrrom, kitchen and laundry. I understand that landlord is not allow to comment on the...

Hi would you pay $35,000 for a 2005 Toyota Hilux SR5 with 75,000 kms? Car has been garaged all its life, VGC, 4 doors, dual cab, 4 cyilinder, automatic 4WD, with canopy and bullbar, towbar + rear reversing camera. Hubby is interested in purchasing from a family member, but not sure how to...

Hi I have been giving a rough price estimate of: $1000/square meter to build a second storey (Newcastle)- cladded to match the existing house; and I assume all trimmings will be of basic standard. on top of this, we need: $8000 for an ensuite $3000 for staircase $5000 for plan and...

For those with properties in Newcastle area, Have you had any experience with Ausbuild Extension and Renovation? If you don't feel its appriopriate to comment publicly, could you please PM me about this company thanks. I am planning to extend my house upward and have asked them to quote; the...

Hi, Is the SPP from IAG a good thing?

I have just completed a removal of old grout from my shower recess, but in the process I have scratched some water proofing layer behind the old grout. What is the best way of sealing it before I put the new grout on? The groove (spaces) between tiles are not wide enough for paintbrush to...

Hi, I have the coolest asbestos garage (artistically painted on the inside); but the roof need replacement (rusty and leaking) in Newcastle. The dimension is approximately 6m*4 m and It currently hass 6 m long roof sheeting on it. A roofer quoted $1700 to remove the old roof + put on new...

The evaporative cooling in tenant's place broke down just before Christmas:mad: and it needs a new motor ($700 including fitting). Is this tax deductible or depreciable item?

I have bought beech project panel (raw wood, sanded surface ) from Bunnings (600 mm x 2400 mm x 28 mm) and would like to use them as kitchen benchtop. What is the best way to prepare, protect and finish it? It said seal all sides with appropriate treatment before use? What is the best for...

I have wanted to add a shower above this spabath since last year; but did not want to disturb tenants in the house. The opportunity is coming during the Dec/Jan period and I have received one quote from a bathroom renovator/contractor so far, for: Installing the shower - open up 2 walls and...

When I bought my IP last year I incurred these various charges. I have classified them into acquisition costs and borrowing costs, with an understanding that: 1. I can claim borrowing costs as deduction in this year's tax return 2. I can only claim acquisiton cost when I sell the IP later to...

Hi, for those with experience/knowledge with kitchen renovation: 1. When we removed the spalshback tiles, we made few dints on the wall/gyprock; now hubby has refilled. 2. will we have problem with sticking the tile adeshive (for the new splashback) directly to the gyprock? 3. If we paint...

I am thinking of replacing our kitchen tiles with cypress pine floor (on top of MDF floor board). I am thinking about getting the T&G + end matching type and nail it to the existing floorboard. The cypress flooring will be polished/varnished with hard-wearing varnish id such thing exist to...

Hi, we are doing the DIY kitchen reno and have removed most of the tiles very easily without jack hammer (to minimise dust). Under the tile there was hard grey stuff that we took out painfully with the handy tools. Underneath this grey stuff is the green layer (I assumed to be the water...

1. We owed $4 K for our PPOR, with a withdraw of $50 K and MISA of 4K; so we pay no interest; and our fortnightly repayment is $25. We have lived in this place for 13 years. 2. We are planning to buy another place to move into (new PPOR, upgraded), but for various reasons we are very...