2morroW replied to the topic Buying in Gellong Vs buying in St Kilda in the forum Help Needed! 13 years, 5 months ago
Thanks for the comments- I really wish I knew more people like you guys to bounce these ideas off. I am very wary of not making emotional choices when it comes to property but must admit it gets hard when you start to look around. Bjsaust-to answer your question about my motivation. I think the goal is to get to retirement age (i am 30 now)…[Read more]
2morroW replied to the topic Capital gains tax in the forum Legal & Accounting 13 years, 8 months ago
Thanks, I’m thinking the same thing
I guess I will have to start looking and doing the math!
2morroW replied to the topic Capital gains tax in the forum Legal & Accounting 13 years, 8 months ago
Mr5o1 wrote:
If your careful.. it could be a very effective approach, tax wise.However, you'd have to "move in" (think furniture, utilities, mail, etc) for the first 6 months. This would give you 2 advantages:1- you'd be eligible for the $7000 FHOG – which will go a long way towards the rent that your not getting, and 2- thereafter you can…[Read more]