Jump to content
SAU Community

Mugabetown - Whoretownin' At It's Worst.

t5iv

By t5iv,
in Queensland

 Share

Recommended Posts

  • Replies 24.4k
  • Created
  • Last Reply

Top Posters In This Topic

  • Ants

    5677

  • Captain Natro

    2067

  • t5iv

    1789

  • Cadmoon

    1709

Popular Days

Top Posters In This Topic

Popular Days

Popular Posts

Smity42
Smity42

FYP

Cadmoon
Cadmoon

Some bored car photos from today

Smity42
Smity42

Become a member, you tight-a*se

Posted Images

Melly Grand Master

Melly

Posted
Posted

Colin... how big is the garage for later storage? :)

^This is important... lol

My requirement was double garage attached to house plus room for at least another double garage in the yard... Until we upgrade in which case it will be even bigger :)

sneakey pete Grand Master

sneakey pete

Posted
Posted

not entirely accurate. Should u purchase a primary place of residence and rent it out you will not be subject to any CGT should you elect that property to be your main residence.

Ah, so if you Buy a house and rent it out, yet still live in rental yourself, you can count your rental as your primary place of residence? Would this not cause... certain issues, if the tax department ever decides to check up on it?

Ants Grand Master

Ants

Posted
Posted

Ah, so if you Buy a house and rent it out, yet still live in rental yourself, you can count your rental as your primary place of residence? Would this not cause... certain issues, if the tax department ever decides to check up on it?

that is accurate. No CGT on main residence.

How can you pay CGT on an asset you do not own?

TREGTR Grand Master

TREGTR

Posted
Posted

^This is important... lol

My requirement was double garage attached to house plus room for at least another double garage in the yard... Until we upgrade in which case it will be even bigger :)

Excellent priorities - planning for future car family expansion lol

Beelzebub89 Grand Master

Beelzebub89

Posted
Posted

FYP

Nice yes this.

Colin... how big is the garage for later storage? :)

Only downside to the place. Single lock up and 1 car space in the complex. Confirming at the moment whether the car space is on the title. It comes up on the RP Date report but unsure if it's on the title.

i wished my garage waz huge with hoists and awesome tools

This is the plan. I really want to design & build my dream house so this is definitely on the cards. Sheds etc depend on where said dream house ends up. I'd really like to do an epic basement. 3m ceilings with everything supported from the external walls. No columns!

^This is important... lol

My requirement was double garage attached to house plus room for at least another double garage in the yard... Until we upgrade in which case it will be even bigger :)

Yeah until that time I have mum n dads place which is full of my cars and shit anyway.

Ah, so if you Buy a house and rent it out, yet still live in rental yourself, you can count your rental as your primary place of residence? Would this not cause... certain issues, if the tax department ever decides to check up on it?

Won't cause any issues with the tax department unless you're claiming it wrong. You can claim a portion of all the expenses associated with the house depending on how much is rented out etc. So we were going to rent out 3 bedrooms in a 5 bed house and claim around 66-75% of the costs. Now we are looking at not living in it at all lol and just renting the entire thing, f**k it.

Ants Grand Master

Ants

Posted
Posted

Nice yes this.

Only downside to the place. Single lock up and 1 car space in the complex. Confirming at the moment whether the car space is on the title. It comes up on the RP Date report but unsure if it's on the title.

This is the plan. I really want to design & build my dream house so this is definitely on the cards. Sheds etc depend on where said dream house ends up. I'd really like to do an epic basement. 3m ceilings with everything supported from the external walls. No columns!

Yeah until that time I have mum n dads place which is full of my cars and shit anyway.

Won't cause any issues with the tax department unless you're claiming it wrong. You can claim a portion of all the expenses associated with the house depending on how much is rented out etc. So we were going to rent out 3 bedrooms in a 5 bed house and claim around 66-75% of the costs. Now we are looking at not living in it at all lol and just renting the entire thing, f**k it.

pls be very careful with what you are claiming as a deduction. Plus there are tax rulings in place for situations like yours that can have major adverse tax effects ie cause the MRE to not apply
t5iv Grand Master

t5iv

Posted
  • Author
Posted

Nice yes this.

Only downside to the place. Single lock up and 1 car space in the complex. Confirming at the moment whether the car space is on the title. It comes up on the RP Date report but unsure if it's on the title.

This is the plan. I really want to design & build my dream house so this is definitely on the cards. Sheds etc depend on where said dream house ends up. I'd really like to do an epic basement. 3m ceilings with everything supported from the external walls. No columns!

Yeah until that time I have mum n dads place which is full of my cars and shit anyway.

Won't cause any issues with the tax department unless you're claiming it wrong. You can claim a portion of all the expenses associated with the house depending on how much is rented out etc. So we were going to rent out 3 bedrooms in a 5 bed house and claim around 66-75% of the costs. Now we are looking at not living in it at all lol and just renting the entire thing, f**k it.

Can hook you up with good accountants if required.

TREGTR Grand Master

TREGTR

Posted
Posted

Only downside to the place. Single lock up and 1 car space in the complex. Confirming at the moment whether the car space is on the title. It comes up on the RP Date report but unsure if it's on the title.

Would be a big value add for extra car space :)

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share
Go to topic listing


  • Latest Posts

    • The Bogan
      NC MX5

      By The Bogan · Posted

      That's one of the reasons I got that breed, they look weird, the other reasons are they small, they are very vocal, and run around like they are on crack, I didn't want a breed that just sits around, these two are like kids on red cordial  My daughter has one, and it's a laugh riot, constantly doing Parkour around the house, sits on her shoulder, plays catch, and constantly runs around the house taking turns chasing the dog around, her Bermese though, just lays around with constant bitch face, and just looks on in utter disgust at the cat and dog playing together 
    • Murray_Calavera
      UniClutch

      By Murray_Calavera · Posted

      I'm getting PTSD flashbacks seeing that name again.  With my turbo swift, I got 1,500km of street use on a Jim Berry clutch before it exploded and took out my input shaft with it. 
    • r32-25t
      NC MX5

      By r32-25t · Posted

      It always seems the uglier an animal is the more is costs
    • MBS206
      NC MX5

      By MBS206 · Posted

      It's all about the socialisation of the dogs. In that first 8 to 16 weeks of age they need to be taught to be nice and friendly with everything. That way they generalise it to everything. That said, some days you'll just never beat genetics, but 99% of the time dogs chasing cats is purely lack of socialisation, and then the chasing part can turn into prey drive.
    • niZmO_Man
      Leak from Tokico BM50 Brake Master Cylinder

      By niZmO_Man · Posted

      I bench bled my HFM BM57 before installing, it leaked badly. Threw it in the bin, because I installed it 2 years after purchase.
×
×
  • Create New...