• The place to find the right expertise and make better decisions
  • Find the right expertise

Recent Activity

katie r.
katie r.
Sydney South, NSW
0 Likes
0 Followers

If someone worked as part of a real estate agency between 2000-10 selling property on a commission only basis with no OTE's and were required to give the agency manager a personal invoice for the sale, would the manager or agency then be required to pay those individuals super? Given the time lapse could the employee obtain unpaid super? Consider there was no formal employment contact between the parties and agency, yet all worked from one office under single unified company label/brand.
View responses or answer (2)
8 years ago
Mason I.
Mason I.
Bentleigh, VIC
2 Likes
1 Followers

My partner and I have been discussing buying a new home. We currently live in my home which is worth about $750,000 and the home loan is $310,000. If I didn’t sell my place can we use the equity as a deposit in a new home and does that mean my loan would become an investment loan if we rented it out? The home we are looking is around $1.1M, would there be enough equity in my place to pay a deposit?
View responses or answer (6)
8 years ago
Jen L.
Jen L.
Harrietville, VIC
0 Likes
0 Followers

I’ve recently been medically retired at 52 years of age and due to illness likely to be successful in TPD claim through my industry super and therefore also gain access to my superannuation. Wondering what is the tax rate on super componnent? As I need $ to live thinking investing in property or stock market may be a preferred option to rolling over. I haven’t applied for Centrelink - single and currently surviving on limited but declining savings. Thanks J
View responses or answer (2)
8 years ago
Joeanne G.
Joeanne G.
Lurnea, NSW
0 Likes
0 Followers

there is a estate in play in which I have a equal share with another 5 people i have asked to be paid out as i do not want any responsilities with this house as there is too many costing issues and if there was anything to go wrong i would not be in a finacial state to help pay for things I dont talk to the other share holders only recently due to the house being in probate in which they want me to sign they have offered 100,000 but my share is 175000 is there anything i can do ?
View responses or answer (2)
8 years ago
C M.
C M.
Wooroolin, QLD
0 Likes
0 Followers

I own a small rural property on the outskirts of a small rural community. The house is the former railway masters cottage for the now defunct railway line. The railway line has been recently transformed into a walking trail. A councilor from the local council contacted me yesterday & said that the council has approved plans for a former railway station to be moved immediately adjacent to my house literally meters away as a tourist attraction. Can I stop them?
View responses or answer (2)
8 years ago
Sanjiv G.
Sanjiv G.
Kenwick, WA
0 Likes
0 Followers

Hi. I have already bought an investment property from the available funds of offset bank account for a mortgage home where I live now.
To keep new house on investment officially I contacted NAB bank. NAB bank is ready to swap over the property title-papers but advices that I will not be able to take advantage of tax benefits by doing so because govt tax officers check what was the purpose of the home loan originally? Please advice me now how do I take advantage of tax benefits?
View responses or answer (4)
8 years ago
Patrucia V.
Patrucia V.
Corlette, NSW
0 Likes
0 Followers

Hi. My husband and I have agreed to separate after a ten year marriage. For the past five years I have been a business partner for our painting business. Admittedly he put in most of the hard yards and is definitely the boss !! Since I have been his business partner I have not earned a wage yet now he is basically saying I am entitled to nothing financial when I leave. I don't want to take him to cleaners but surely this can't be right ?
View responses or answer (1)
8 years ago
Rhonda S.
Rhonda S.
Scone, NSW
0 Likes
0 Followers

Hi, we were looking at renting a boarding room for our son with the licensing agreement being in my husband and my son's name. My husband has signed it but my son hasn't as we aren't sure if we want the room now. We have paid a holding fee, bond, next weeks rent and a licence preparation fee. The real estate agent says that we will have to pay a break licence fee and continue to pay rent until someone else takes the room even though we haven't moved in. Is this correct? Thanks Rhonda
View responses or answer (2)
8 years ago
J T.
J T.
Potts Point, NSW
4 Likes
0 Followers

Hello.

I'm not sure if I should be worried about my investments at the moment, SUPER & INVESTMENT ACCOUNT with what happened last week in the US? Theres been a few thousand wiped from the balance being in INTERNATIONAL SHARES and a few other things.

I've seen articles saying the worse is yet to come .. or is it just the media fear mongering .. should i switch everything to cash or something less risky .. or am i falling into the trap ?

Whats your opinion ?

Thanks,

J.
View responses or answer (4)
8 years ago
Meroula R.
Meroula R.
South Yarra, VIC
0 Likes
0 Followers

I use a bookkeeper for my business BAS, and an accountant for my tax. The bookkeeper enters all the business data on an Excel spreadsheet which I give to the accountant with the rest of my information. I've discovered that the bookkeeper has made a major error every year (for 6 years) by entering my receipts incorrectly, so I have paid a lot more tax than I should have. The accountant has had the original documents as well as the spreadsheets. Should he have checked the spreadsheet data??Thanks!
View responses or answer (5)
8 years ago
Lyn M.
Lyn M.
Boya, WA
0 Likes
0 Followers

We have an offer on an investment house that we are selling. The buyers have commissioned a building inspection report, at which time the inspector told them that the HWS system was leaking (this is not mentioned in their written report). The special conditions on the O & A state that all plumbing must be in working order. The hot water system is in working order. Do we need to fix the leak or replace the HWS. If the leak cannot be fixed (Solar HWS is very old), do we need to replace it?
View responses or answer (2)
8 years ago
More