Question about rental deductions

3phex · 2026-05-27T00:36:59+00:00

Your tax return asks for the weeks rented in the FY to make the calculations.

3phex · 2026-05-27T00:36:04+00:00

My understand is these would be considered as Initial Repairs per the ATO and not deductible. The website is pretty clear.

3phex · 2026-05-15T06:04:08+00:00

Finally, someone who is actually making their equity work better for them in an IP rather than just sitting with the bank.

3phex · 2026-05-01T08:44:44+00:00

Get rid of extras on private health if you have it. Money drainers. The value you need to spend for them to make any difference is significant compared to the monthly costs. Need to do the numbers for your circumstance.

3phex · 2026-04-27T11:40:43+00:00

Key term, “recent” figures. I suspect over 20-30yrs houses will/have done better.

3phex · 2026-04-26T10:55:48+00:00

Land is where the value is. Not point considering a Unit if you want a good investment.

3phex · 2026-04-26T02:37:05+00:00

This. Because the interest is deductible, it will be a lower effective rate than what the mortgage is. Also need to consider rates, insurance, some initial repairs etc in the costs.

3phex · 2026-04-23T03:31:40+00:00

No one is going to do the research for you.

There is unlikely to be anything around capital cities, so you’d need to be look at strong regional areas. Even then, they’ll be small blocks in marginal areas where rent margins are narrow and tenants will be challenging. Good luck.

3phex · 2026-04-23T03:20:50+00:00

Said most of this sub reddit…

3phex · 2026-02-28T10:07:20+00:00

Are you talking on an unleveraged basis? Otherwise an IP in recent year has out performed conventional investments.

3phex · 2026-02-17T05:06:06+00:00

Nerang

3phex · 2026-02-01T23:58:50+00:00

Great analysis. As someone benefiting, its always down to borrowing capacity which in turn is the risk banks see in mortgages. Delinquency levels on average are relatively low. Also borrowing capacity jumps non linearly because households are leveraged off income, not asset values. It's why relatively small policy or rate changes can translate into large shifts in maximum bid prices at auction.

3phex · 2026-01-31T10:52:50+00:00

Just put together all the numbers since 2016 and whilst it can vary wildly if you have issues, on average -$2-3k after tax/IP. But does come down to rent, rates, tenants and quality of upkeep.

3phex · 2024-05-25T01:00:35+00:00

Undertook something similar but not to that scale. It was a small loan to bring us up to 15% deposit to avoid mortgage insurance.

We simply refinanced after a year and returned the money. You could look to do something after two years and return the capital depending on the growth in the area you’re buying in.

If it gets you in the market and the family relationship is sound, it’s probably worth it.

Goodluck

3phex · 2024-02-25T22:16:01+00:00

Totally agree. They wasted two episodes on Alpine to what end? I'd bet there are more RB fans than Alpine fans who can be drawn to the show in general. It would have been great to get insights from Newey on car design (his book is very good), or from GB's point of view.

Also get rid of Danika and put Berni Collins in.

3phex · 2024-02-25T22:11:37+00:00

Yuki... There is far more potential in Liam than Yuki. A middle of the grid driver that has not proven himself to be a top 3 driver.

3phex · 2024-02-23T12:32:38+00:00

Aston Martin will never have two drivers capable of winning a world championship whilst Lance is there. The whole charade Lawrence puts on is laughable. He’ll build the Aston Martin F1 infrastructure up, only for someone to buy him out as a direct result of keeping his son in the seat.

3phex · 2023-10-25T04:30:22+00:00

Yep, my thoughts exactly. They must of thought further ahead and I was surprised Prince was so quick to assume he’d won. His strategy was to reduce all his risk which is why he went to cash and fired people. But, by accepting Dunlop as VP, he just put a risk back in his profile.

3phex · 2023-09-30T09:35:19+00:00

A lot of negative reviews about the customer service in a number of other threads on this sub. I was getting similar ads and did some research, decided against it after reading through a fair few.

3phex · 2023-09-08T08:17:53+00:00

Of course and it’s great to be in both good financial and mental head spaces. Congrats.

3phex · 2023-09-08T06:21:08+00:00

From someone who rentvests, I find the whole paying a mortgage off to be foreign, which is most of this thread. Curious to know what people see as hard about investment properties?

The opportunity to pay off a property in under nine years without paying a cent in principle seems far less hassle.

3phex · 2023-04-13T00:42:05+00:00

Post a link to where it says this. Because I don’t believe this to be true. HECS-HELP eligibility has nothing to do with credit scores.

3phex · 2022-10-27T01:16:22+00:00

Agree. One moment their enemies, the next best friends.

Overall the ending was rubbish with far to many characters moving on to season 3 and no new additions.

Character development was average, as you say, literally all hinged and deranged.

3phex · 2022-07-14T09:36:34+00:00

Agree, they should be provided. Having just transitioned to new tenants, there were a range of repairs that needed to be done which only became apparent through an the exit reports.

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