Another tax question. I bought a laptop last financial year. I bought it mainly for the purpose of doing my PhD on. However I've probably be using it 50% for work, 50% for PhD. Am I able to claim 50% of the purchase price as a deduction, even though I am provided a laptop from work?
Yep.
I've decided I'm not interested. Just too many variables, risks and costs associated with it. And I'm not one who likes to take risks financially like that.
The guy that was talking to me said that if there was a global crash like a few years ago super invested in shares would take a massive hit, whereas property is less likely to suffer a loss.
I'm being courted by this group at the moment.
https://superpropertysolutions.com.au/
Their idea is to buy an investment property using your super. Hopefully this then increases in value over the years. So, for example, if you bought a property for $400k hopefully by the time you retire...
Someone told me yesterday that Super companies do not have the funds to pay people out their super which is why they only release a bit at a time. Most companies will eventually go broke and unless you plan to retire in the near future you won't ever see your super. Anyone else heard anything...
I'm a teacher but really can't see myself wanting to teach past about 55 so am planning to go into the coffee van business when I reach that age (7 years away).
So far all my investment has been in property but I would like to diversify but have FA idea about the stock market. Can people please give me ideas/advice about how to go about this. Cheers.
I've rented my house in Victoria for the last four years. Not an issue. Looking to put it on the market now though as I've bought a house in Queensland so don't think I'll be moving back to Victoria anytime soon.
Usually only keep a couple of thousand in the bank. Everything else goes into my mortgage. I am quite a bit ahead in my repayments so have that up my sleeve if needed.
I would like some advice on my situation. I had a house in Victoria. I moved up to Qld and rented my house in Victoria out. I lived with family for a while then purchased my own place here. The place I purchased here is a duplex. The plan was to live in one and rent the other out. I had a tenant...
I'm a senior teacher. Starting salaries are much lower. I'm regional but teachers all over the state get paid the same. There are some perks to regional/remote teaching though like free/subsidised rent and tax offsets.
When I logged on it told me I had super in four different accounts, even though I had them rolled into one over a year, probably almost two years, ago.
It also doesn't take into account the fact that if it is your own home you can do anything you want to it. I love renovating my home and making different kinds of changes and improvments. If you rent you basically can't change a thing so it never really feels like a home.
I have a unit that I am currently renting out. The tenant is a pig. He leaves food wrappers around the place, washes the dishes once a month and leaves food out. Yet every few months he will ring up complaining about pests and demanding I call an exterminator. I don't feel I should have to pay...
I have three investment properties, two depending on how you look at it. I currently live with my partner. I have my home in Victoria plus a duplex. My mortgage repayments are about $1400 a fortnight and I get about $2000 a fortnight rent so I am well and truly positively geared. You need to...
I wouldn't say I'm sold on the place but it would be a good investment as it would be positively geared by a few hundred each fortnight so I wouldn't be in the red. But I would be mainly doing it for my mate, who to this point in time has been a very good mate.
I have a friend who owns a small business. His business is ratshit at the moment and he is in major debt. He has an investment property which he has had for sale for a couple of years but it is just not selling at the moment. He is desperate to sell it to pay off some debt. A month ago he asked...
Own home in Victoria -320,000
Cash -10,000
car-10,000
household belongings -10,000
super -200,000
I also have a partner worth about ten million. Does that count?:)
My mum has always told me, "Look after the pennies and the pounds will look after themselves". I find this to be so true. A couple of years ago I sat down and worked out what I had spent that week on junk. I was staggered at the amount that just went on rubbish. Cut down on coffee, takeaway...
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