focus123 » user profile
Member Since | 23/05/2023 |
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Last Seen | 5 hours 4 min |
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All TAFE's follow a national curriculum. If you look into the course code, there is a national course code that defines what areas are…
The amount claimed under depreciation gets added to CGT liability at the time of sale.…
Yes, when the rate of appreciation dropped to 4% it reduce the profit by a big margin.
Thanks mate. Actually the investment will be shared with wife. So it reduces the CGT paid to the government. Added it under the update 1.
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Thanks for bringing this up. Seems like I used the house price history (which is not the correct one for units)…
Thanks for this hint.
Yes, the total depreciation amount increases the capital gain. I added 7500 depreciation per year over 10 years to get 75000. That 75000 is…
Thanks, The maintenance part is about 1000 to 1500 in my assumption. I used the historical property value data from 1998 to 2020 in…
Thanks for pointing that. I think I got lost between the actual cashflow loss and the deductible amount that can be claimed in tax
I left 2 weeks without rent to compensate for the periods in between tenants. Hence the 50 weeks rent instead of 52
Got the PPOR covered by offset and extra money now sitting in a savings account that earns 5.3% interest. 100k will remove the need of…
focus123 posted a forum topic Help on My Math on Negative Geared Investment Property
Dear Ozbargainers, I'm trying to do some math on negative geared investment property and I am not sure if I am getting the numbers correct.…
focus123 replied to StingyBritches on Below Market Compensation for Mandatory Property Aquisition by State Government
Thanks, Plus we have requested from the government to defer the contract signing until July to get the benefit of Stage 3 tax cuts for the…
focus123 commented on Below Market Compensation for Mandatory Property Aquisition by State Government
Hi, I thought to give an update on this. We hired a lawyer and the lawyer arranged an independent property evaluator. The independent…
focus123 commented on Samsung Galaxy S22 - Any bargains?
I have an S22 Ultra and my battery life is bad, I get only 6-7 hrs Screen time (Teams meetings, YouTube, and about 1hr Roblox gaming) from…
focus123 commented on Samsung Galaxy S22 - Any bargains?
https://www.ozbargain.com.au/search/node/S22%20type%3Aozbdeal
focus123 replied to G Wok on 12-Month Subscription - $99.99 (Save $128) via Email Link @ ABC Reading Eggs & ABC Mathseeds
Within the Reading Eggs App there is a section named "Junior reading eggs" , it is targeted for 2-4-year-olds. it contains letter…
focus123 replied to leiiv on Below Market Compensation for Mandatory Property Aquisition by State Government
Thank you for this ATO link, yes we are set to gain some profit from this acquisition and I was wondering how to reduce or delay the CGT.
focus123 replied to loropy9 on Below Market Compensation for Mandatory Property Aquisition by State Government
The state government is offering to cover the costs to acquire a simila replacement property at a similar or below the acquisition price.
focus123 posted a forum topic Below Market Compensation for Mandatory Property Aquisition by State Government
I am hoping to get advice from anyone who has had to deal with the state/federal government on property acquisitions for infrastructure…
*They've given off slightly unsupportive vibes* This is the clue to stay away from the new role. no matter what is specified in the…
focus123 commented on Trade-in an Eligible Mobile and Receive a Bonus $300 Discount Coupon for a Google Pixel Series @ JB Hi-Fi
Do you have to send the trade-in phone to them? or can we keep it and sell it at a higher price?
Thank you for the detailed response mate. Highly appreciate it.
focus123 commented on I Bought a Apartment by Myself. What Is My Girlfriend Entitled to IF We Break up?
If you charge a rent, then she can claim it as a contribution towards the mortgage, and in a court challenge most likely you will lose some…
Thank you for the suggestion about visiting first and then deciding on a long-term move. Based on the videos I've watched on YouTube, it…
Thanks for the input on daily expenses. For the USA/Europe did you rent a vehicle or use a taxi or Uber-like service for local transport?
I did not mean to say that we would switch places every quarter. once we establish a base country in Europe, it is easy to have short…
thanks for the input. from what I noticed, the people who have travelled/explored outside the boundary early will do well when they grow up.
Based on German example, yes we are.
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