Search results

We just recently sold a residental unit in Victoria held in a hybrid trust I received a Goods Statement for Residential Land form from our solicitor basically it's a form which goes with the land transfer to the SRO. Included was a section relating to GST on the sale of the unit As the...

Ok Firstly Congratulations to Rixter to having everything in place to enter what we may call retirement.... or perhaps reaking the benefits of the previous ten years of planning. Dale GG our accountant has recently retired too. He has a strategy in place, I believe it to be LOE. But what...

Hi Gerd Thought I'd better list it as a Melbourne November event, BBQ on Saturday 24th 12:00 onwards at Silverleaves Phillip Island Just like to say that all are welcome, I know it's a bit of a drive, but hopefully we'll be blessed with better weather this year. I've listed it early in...

What a shocking experience :eek: (Back of an upright stove being removed this weekend) Anyone else see similar unusual living quarters for rodents whilst doing a reno? We also discovered one several years ago, which had bitten through the active cable near the light switch in the kitchen...

Faye & Gerd have recently become grandparents of a little boy, born last weekend! How about some pics, I know it's not a block of units but I've given you a week to get some shots together! Once again congratulations:)

We recently got some plans from one neighbour who intends to subdivide his 5 acre allotment into 5 X 1 Acre lots. Whilst talking with another adjoining neighbour, she said she had forwarded the proposal to her solicitors and they advised her that she would be liable for some of the sewerage...

Sometimes your Building and pest inpections just wont come up to scratch Personal inspection can be a must Three obvious things overlooked by our inspectors recently were Window rot Indoor gas heater - repositioned outside of the building and a home made electrical power point outlet -...

Came across this today which may spark some interest: "Since King Henry VIII's rule, Family Trusts have been protected from bankruptcy. The general rule is that if something is deemed to be your "property" then the bankruptcy courts can get their hands on it. Beneficiaries of a Family Trust...

Well as our daughters unit draws to nearer completion, I thought that I should have recorded the events of the renovations, seems you just keep going with the tasks at hand and dont get the oppportunity to post. We also purchased a unit close in Frankston, so this becomes the first back to...

Got a call from the Body Coporate Manager which started with all the pleasantries and basically end with threats of legal action if we dont act on her directives. OK, just how powerful are these managers Is this a big bluff or what? Our tenants have NOT been parking their vehicle in the...

Sorry Guys, I dont know how to start a poll :( but I was just wondering what percentage of people A: nominated a beneficary in their trusts for land tax as opposed to B: not declaring and leaving the trust to get taxed at the new treasholds in Victoria cheers Timm

seconds are running out fast!!!!!! got your ITWV forms in??? last day today:D

My daughter has just "dipped her toes into the property market", having successfully negotiated her first property. :D She's bought a PPOR unit in Frankston which she intends to change into an investment property after the qualifying FHOG period. On the site I noticed many forumites have...

Hi Guys, Looking for some advice as to a property purchase in NSW haven't bought in that state before and I'm unaware of NSW idiosincrecies 1) Firstly from previous theads, I get the impression that .25% is the correct deposit in NSW? (as 10% is in VIC) 2) When purchasing our QLD...

People who have their PPOR usually have equity to finance their first IP but I was wondering how much savings/deposit was enough for the younger people (20's) to purchase their first IP.:confused: Would they choose a PPOR first (to get the FOHG)? Buy in a hybrid trust stucture to still...

After remembering watching bits of backyard blitz and other TV reno programs, We've somewhat recently placed ourselves in a similar situation with time constraints. BUT THIS ONE IS REAL! no extra helpers behind the scenes, no quick fix up for the cameras, only to be properly restored by...

Please HELP........MYOB?, Cashflow Manager?, Quickbooks? or Quicken? I know everyone probably has a preference to the one they have purchased to run their accounts, but has anyone had access to more than one, so I can better ascertain the pros & cons of each. I'm probably looking for a...

No, this wont apply to everyone, but might be handy info for some... We paid off our PPOR loan and refinanced a loan against PPOR for an IP Therefore having a new PPOR loan, we have claimed the interest payment as this is attibuted to the IP "not our PPOR" Today whilst talking to a...