Property Investment Q&A

  • Q: I’m about to sell my property and am looking for help on my capital gains tax situation. The problem is that I have had people paying board in my own property to bring in some extra cash and need to work out how much of my capital gain on the house is now subject to CGT. read more

  • Q: The reno bug has bitten and I want to improve the look of my investment property. Is it necessary to use a professional or could I just do a budget renovation myself? read more

  • Q: My husband and I are in our early sixties and want to retire in 10 years. We haven’t invested in anything for our retirement, other than compulsory super. This scares us. We’d like to invest in property, but one doubt hangs over us: have we left it too late? read more

  • Q: I own an investment property valued at $500,000 and I’m looking for more. The property has a large backyard area and a friend has suggested subdividing the land and building a two-three bedroom house behind the one already there. I’ve almost paid off the mortgage and have estimated the costs of building and dividing the land to be around $400,000 to $500,000. Is this likely to be a good long-term investment for me, or would I be better off buying a new property altogether? read more

  • Q: My father owns one-third of a property and wants to transfer his share to his two sons. What steps are required to transfer his share into his sons’ names and what are the fees and costs involved? read more

  • Q: I’ve got a Sydney ground floor investment unit which has been happily rented to a young couple for a couple of years. They’ve asked me if they can get a pet: I wouldn’t mind this, as they’re good tenants and I want to encourage them to say for the long term. However, the strata says no to pets. Can I get them to change it? Is it worth the hassle and what would the implications be if I went against the strata? read more

  • Q: I’m an owner occupier of a flat in a block of 12. One of the flats is commission housing and, coincidentally, the tenant of that flat is very much a nuisance – making noise and committing other misdemeanours. I’d like to get this house to become privately owned and hopefully get a higher quality tenant there. What should I do? read more

  • Q: I’d like to know how to get the best valuation on the house I’m planning to sell. What are things that valuers look at that I could work on to help my case? Obviously I can’t change what city, suburb and street it's in, but are there some changes that I can do to the house itself to improve the valuation? read more

  • Q: I recently sold my house and soon received a letter from the buyer complaining about things that aren’t working. The issue is that these things didn’t work well before exchange. Will I still be liable? read more