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Latest Questions

Marika Z.
Marika Z.
Stafford, QLD
1 Likes
0 Followers
Q:

Hi, my Dad wants me to be a trustee and beneficiary for a property he wants to buy in Tasmania and live in it. I get no benefit from the transaction. No rental income...nothing. What am I obligated to do if I do go ahead with this? I would have to declare this on my tax but if I'm not receiving rental income, what's the benefit? What am I also liable for if anything goes wrong? Thanks

last week
Q:

Today the RBA decided to leave the cash rate at 1.5%.

The cash rate has not moved since August 2016 yet the banks have repriced a number of their loans in Dec 16, March 17 and again in June 17. The three rate increases (most recent by 0.30% on interest only loans) will conservatively generate in excess of $150M in additional revenue annually for each bank.

We all, along with the federal government need to be asking why? It'd be good to generate some discussion.

2 weeks ago
Q:

Last Friday I went past a parked car that had 2 speeding cameras on the vehicle(l was going opposite direction where the car was parked). 1 of them was on the bumber and the other one was inside of the car but on the dashboard and it looked like a camera. I was going 50 in a 60 zone and felt like it flashed at me twice for some reason. Does the camera on the dashboard take photos of people in the car or is it used to detect speed?

2 weeks ago
Kelsi L.
Kelsi L.
Wynnum West, QLD
1 Likes
0 Followers
Q:

Hi there I am going to tribunal for the costs of carpet replacement and cleaning fees in a house we vacated a couple of months ago. We are happy to pay a % of carpet replacement but we think the amount for cleaning is totally unreasonable and just not sure where we stand on this. The house wasn't in great condition when we moved in and they are expecting it to be perfect as we leave. What can we do ?

2 weeks ago
Lou C.
Lou C.
Liverpool, NSW
1 Likes
0 Followers
Q:

I bought a property in 05 as owner occupied. Lived in it for 4 years but subleased it out from year 2 onwards then fully leased out from year 5.
It is now not recorded as rented out as my relatives are living there for free. I'd like to now sell it to a relative at the cost of the loan balance, first 12 years of mortgage as a gift, which is about half the market price. How do I minimise cgt in this case?

2 weeks ago
Samantha W.
Samantha W.
Wagga Wagga, NSW
1 Likes
0 Followers
Q:

We are moving in with my inlaws who are no longer able to care for themselves. We are considering whether to sell or lease out our house?
Financial situation:
House value $215000 (fully paid off) est weekly rent $270
Savings $60000
My husband is going to go back to uni and I am caring for his parents and our daughter so our combined income will be:
Study allowance $215 + $170 family tax + $300 carer payment per week

2 weeks ago
Anne B.
Anne B.
Woodville North, SA
1 Likes
0 Followers
Q:

I am a widow.
I own my own home outright - if I sold today, I would get around $380,000.
I also have an investment property, with a split loan of $37,000 with repayments of $111.00 p/m and
$196,000 with repayments of $750.00 p/m
I work PPT and earn $32,000 p/a
My investment property is currently empty while it is on the market to sell (this was our family home prior to my husbands death).
I would like to free up a bit of equity in my home - what are my options please?

3 weeks ago
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