Vic Wasteland Thread

[dezz]

I like the toona here

[Odium]

I like the toona here

[HEKT1K]

I'm in ya face

[Birds]

lol'd unnecessarily hard the first time I saw this

[blah_blah]

Yeah the second one sounds more like what I want... Can't see the value of the properties going up that dramatically any time soon.

What's the go with the 5 year stuff, buying a house withn 5 years old etc, for claiming depreciation or whatever...if you buy a 4 year old house, does that mean you only get a year of whatever that claim is...

Tax depreciation report, claiming depreciation on building and fittings, nothing to do with 5 years. Though you get bigger advantages on new property

Or you buy an old property, Reno it with your tradie contacts & either flip it or rent. If you flip it you will have to pay 40% tax on the profit else just rent it for a larger sum which puts it close to the mortgage repayment.

40% tax a fairly specific set number

[Leroy Peterson]

talk to me birds, this aint working brother.

[funkymonkey]

I didn't really have a budget, but wasn't going to spend $5k on a laptop when I'm not even gonna use it for what it can do (gaming)

But I don't like buying inferior products either, so I said a number to give you guys a range to work within..

I got it for $2550 from centercom in the end... scorptec wouldn't go below the ticket price of $2649, online stores I could've got it for $2400-$2450 but I wanted to buy it in store..

noice.

the 3k model has been reported to heat up a bit when pushed to limits while gaming, but you shouldn't run into that issue.

[blah_blah]

lol @ the block first world problems ... My owners would be doing back flips to get 10k, 40k over reserve! Shit even to get reserve!

I don't watch the show but I'm reading that the issue is the contestants doing all the work for 6 months? and only getting $10k as a couple

Though some got $300k plus

[joeyjoejoejuniorshabadoo]

It's a reality show....

Their regular income would have been paid by the network in addition to the $10k, just like on masterchef etc... It's a GAMEshow... not everybody gets to win. Big Whoop... Harden up

Their sooking is unwarranted and annoying

[Birds]

Reality tv is shit

So sick of even guys talking about the bachelor

There was much better scripted shit 15 years ago

It was called WWF

[dezz]

Tax depreciation report, claiming depreciation on building and fittings, nothing to do with 5 years. Though you get bigger advantages on new property

40% tax a fairly specific set number

Didn't wanna bother you with work related questions lol...So basically newer the better...? Any other specific things I need to avoid/aim for?

noice.

the 3k model has been reported to heat up a bit when pushed to limits while gaming, but you shouldn't run into that issue.

I'll try to keep it well ventilated when watching high def porn

[blah_blah]

Didn't wanna bother you with work related questions lol...So basically newer the better...? Any other specific things I need to avoid/aim for?

I'll try to keep it well ventilated when watching high def porn

My advice would be if its an investment property, move in for 6 - 12 months. Move out and go back to your rental for ~6 years

That way when you sell its Tax free in relation the capital gains

Disclaimer: This is not advice you should speak to your qualified accountant

[dezz]

Can't really be f**ked moving, especially twice in 6-12 months... What kind of % tax are we talking here?

[Birds]

CGT is substantial enough that people move to avoid it

However for high roller sparkies it's chump change

[Rekin]

With so many people trying/doing exactly the same thing (buy, rent out, negative gear, buy again) where will the market go? The rental market is flooded with houses at the moment, a lot of them overpriced because people need the money to pay off the mortgage.

If rent is so much cheaper in the CBD than the burbs, i think rental prices are going to spread from the cbd outwards and shrink purely because there are so many investment properties & town houses popping up. Especially when a lot of older folks are trying desperately to make up for their lack of super. That plus foreign money snapping up properties... Somethings gotta give in the next few years.

+1

Every dual income couple is jumping on the investment property wagon cause all their friends are doing it.

If you not willing to renovate, or move into it & your only advantage is an income, you are no different & will be competing with the same herd of sheep.

[alr33x]

I don't watch the show but I'm reading that the issue is the contestants doing all the work for 6 months? and only getting $10k as a couple

Though some got $300k plus

Yeh however they get $700 per person per week to cover expenses so hamish hit nail on the head they act entitled but it is what it is suck it up

[Birds]

lol @ fanboism

lol @ gtr circle jerking

lol @ angry seller telling market what his item is worth, calling them cashless deadbeats and then desperately lowering his price later on to below offers previously rejected

http://www.sau.com.au/forums/topic/438621-genuine-rays-engineering-nismo-lmgt4s-18-x-95-12-offset/

[Birds]

If I was ludicrously wealthy, I'd buy an original Gibson GTR and put chrome Rodney Jane Racing wheels on it just to f**k with fanbois

[joeyjoejoejuniorshabadoo]

lol

i'm surprised you managed to keep out of it Adam

[Rekin]

If I was ludicrously wealthy, I'd buy an original Gibson GTR and put chrome Rodney Jane Racing wheels on it just to f**k with fanbois

Or hang out with gtst owners