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• Tax implications of changing PPOR to an investment property
  (views : 112)

  I have a question about CGT. I bought my previous PPOR in December 2000 and moved into it as soon as settlement was complete in February 2001. This was the only house I owned. In September 2001, I ... read more

• CGT - and Selling investment property .
  (views : 187)

  Hello, any help or input would be greatly appreciated, My situation is as follows. Me and the wife purchased a proprerty in 2007, then in 2009 we moved out to my in-laws and we then put our PPO ... read more

  Adding this, will i be able to say that my first home was my PPOR, even though i am staying at a porperty that i already purchased.. By James(16/04/2013)
• Avoiding Capital Gain Tax
  (views : 1987)

  Hi Everyone. My wife and I have an investment property in Brisbane and are thinking about selling it. Does anyone know if living in the house for a few months or even a year will help us to minimise o ... read more

  Can anyone tell me if we have to pay CGT on a property we share with family from a deceased estate. We have never rented however have payed rates , repairs ect. By Roger(04/04/2013)
  CGT is just income tax, so it shouldnt be seen as some horrible thing. living in it for 3 months will mean you do not pay capital gains on the increase in value during those 3 months. You would need ... By BradQ(15/01/2013)
  CGT is not necessarily straightforward and more information is required to provide more accurate information. I assume you have a PPOR as well. Is this correct? If you do you are only allowed t ... By Eos Property(11/01/2013)
  My understanding is that if you have rented the investment property for longer then 6 years no matter what you do you will have to pay taxes. But if it has been less then 6 years and you move into the ... By Mitch(10/01/2013)
  Investment Strategies , Tax Issues , General investing

• Investment property now retirement property later
  (views : 265)

  Hi, My wife and I are on the verge of buying a property in victoria that we would like to use as our residence when we retire however retirement is about 20 years away and in the meantime we will ... read more

  Hi Richard, All expenses such as loan interest, repairs, property management fees, rates, insurance will be deductible. On top of this you will also be able to claim depreciation on the propert ... By Eos Property(12/03/2013)
• Parental guidance recommended
  (views : 1615)

  My girlfriend’s parents want to buy an investment property, which we will live in and rent from them for the time being. In the future, we would take over the mortgage from them and pay off the remain ... read more

  I assume you are both looking to your parents for assistance to get into the property market and this is the strategy you are leaning towards. Is this correct? If so, have you spoken to a broker a ... By Eos Property(16/02/2013)
  Thanks for this article. My boyfriend and I spent a long time talking about how to handle a mortgage in Hamilton, and whether or not we would be willing to rent from parents. This is a great article t ... By aryastark(15/02/2013)
• Investment property that has been also used as a home
  (views : 518)

  Hi all My late husband and I bought a house in 1997 as an investment property. After my husband had a liver transplant we were forced to move from Sydney to Brisbane and moved into the house. We ... read more

• Living Overseas and having an Investment Property in Australia
  (views : 584)

  Hi everyone, Just wondering if anyone could help? I am looking at taking a job in Dubai where I would earn a tax free salary. I have an investment property in Brisbane which I have lived in for 6 m ... read more

• Releasing Investment Equity into PPR
  (views : 924)

  Need some Tax implication advise here. We currently have an Investment Property that we plan to move into shortly. We also have another that has a bit of equity in it at that should allow us to inc ... read more

  I am not an accountant and this is one question you will need to run past him/her before you make any moves. Ultimately the ATO will determine deductibility based on what purpose the additional bo ... By Eos Property(17/12/2012)
  Investment Strategies , Borrowing , Structure , Tax Issues , Legal Issues , Share your investment story
• Is there benefits in rebuilding a house on PPOR with Equity and renting out years later?
  (views : 674)

  I'm would like to rebuild on my current PPOR. The current house has major damp issues and finding another property in the same area is much more expensive. I do not want to sell this property. I am ... read more

  Not an accountant so take what I say with a grain of salt. Simply redrawing funds is not really an option given the agreement you have with the bank requires you inform them of any material changes ... By Eos Property(14/12/2012)
  Investment Strategies , Mortgages , Structure , Tax Issues

• 6 easy tax deductions investors never claim after renovating
  (views : 5193)

  Home renovations can be a lucrative investment as long as you are fully aware of the extent of your tax depreciation entitlements. Here are the six most overlooked tax deductions you should be claimin ... read more

  Very important people understand the difference between a repair and renovation. Notwithstanding benefits to be gained by renovating Paul's article explains, very well, the depreciation benefits of re ... By Eos Property(21/11/2012)
  Investing a small amount in a quantity survey is, in my opinion, as important as getting a building inspection. They both serve very valuable purposes. As a part time tax preparer I know that having a ... By Jim(13/11/2012)
• Building an investment property and living in it?
  (views : 757)

  Dear forum-members, We (my wife and I) would be grateful to you, if anyone could provide a great solution to our scenario. We are living in a suburb (22 km South-West of Melbourne CBD). We have ... read more

  Victoria offers a spousal transfer arrangement - in effect one of you sells their half to the spouse. While it won't entirely fix the problem it will alleviate some of the pain. This is not a straight ... By Eos Property(20/11/2012)
  Tax Issues