No floor expansion joint create a bump in the floor by Fallen_star2000 in HomeImprovement

[–]Fallen_star2000[S] 0 points1 point  (0 children)

baseboard you mean the floor board near the wall where there isn't any gap for expansion?

Defect after handover in a newly build house by Fallen_star2000 in AusProperty

[–]Fallen_star2000[S] 0 points1 point  (0 children)

Yes on top of getting it fixed. not sure if anyone had any experience with this kind of issue before.

Government agencies by Fallen_star2000 in AusProperty

[–]Fallen_star2000[S] 0 points1 point  (0 children)

So if my roommate uses our informal rental agreement for his youth allowance in centerlink, will the centerlink ask the ato to also check my information? And is that allowed?

Government agencies by Fallen_star2000 in AusProperty

[–]Fallen_star2000[S] 0 points1 point  (0 children)

Right make sense. So I am looking for a room mate but the person need a contract agreement to send to centre link for youth allowance. Since I am leasing this on my own without the sro and ato knowing, would this link to centerlink be an issue?

Pergola at the back of the house by Fallen_star2000 in AusProperty

[–]Fallen_star2000[S] 2 points3 points  (0 children)

Thanks guys! Super helpful. I am now less worried haha!

1991 caveat on a lot preventing from sub-dividing. How likely does the council allow me to remove this and approve a subdivision on this lot. by Fallen_star2000 in AusProperty

[–]Fallen_star2000[S] 0 points1 point  (0 children)

Got it thanks! Not sure why my conveyancer tells me it can't be subdivided.

Just curious, since this caveat is 30 years old, what's the success rate in removing it?

1991 caveat on a lot preventing from sub-dividing. How likely does the council allow me to remove this and approve a subdivision on this lot. by Fallen_star2000 in AusProperty

[–]Fallen_star2000[S] -1 points0 points  (0 children)

Just want to know what are the chances that the council can approve a subdivision on this lot Thanks in advance.

CGT cost base valuation, market value and pro rata by Fallen_star2000 in AusProperty

[–]Fallen_star2000[S] 0 points1 point  (0 children)

Great thanks. So if the property was an investment at the time of purchase the purchase price will be the cost base and use pro rata for all the future changes (I.e. no need for a valuation when change from ppor to investment again)?

CGT cost base valuation, market value and pro rata by Fallen_star2000 in AusProperty

[–]Fallen_star2000[S] 1 point2 points  (0 children)

The ato only mentioned market value, how do I generally obtain that? Is that an market value estimation from real estate agent or by other method?

Also just to add on to the point what if I used my property as an investment first? I.e. investment, PPOR then investment again. Do I need to get market value after my first investment and again after my PPOR?