Hi Ezn,

Well it certainly sounds like your biting off quite a lot. Here’s an extract of an article about subdividing of our website that may help.

What is Subdividing?
Subdividing is when a piece of land is split into two or more pieces (ie separate lots). The process is controlled by the local Council. Planning codes and procedures vary…[Read more]

Hi Chetnik,

Here’s an extract of an article off our website about Self Managed Super Funds:

A self managed superannuation fund (SMSF) is a superannuation fund that you operate and run by yourself.
Managing an SMSF is strictly regulated by the tax office to ensure it complies with the Superannuation Industry (Supervision) Act 1993 (SIS). An SMSF…[Read more]

Hi Michelle,

Try contacting Nancy Keep info@nancykeep.com.au
She’s an Accountant in Melbourne who also has several of her own investment properties. Not sure though if she has any experience in NZ but certainly worth dropping her an email. (Ps. Tell her I referred you)

AmandaBS
http://www.propertydivas.com.au
FREE online Property…[Read more]

Yes a trip to the Accountant is a great idea but firstly you may need a plan so you get the best possible advice:

Step 1 Set your personal and financial goals
Step 2 Prepare a budget and savings plan
Step 3 Have an investment strategy
Step 4 Build your team including visit the Accountant
Step 5 Research
Step 6 Feasibility study
Step 7…[Read more]

Perhaps try contacting your local authority:

WA Tenants Advice Service http://www.taswa.org
WA Consumer & Employment Protection http://www.docep.wa.gov.au

AmandaBS
http://www.propertydivas.com.au
FREE online Property Resources

“It is better to be inconspicuously wealthy, than to be ostentatiously poor…”

We have lots of useful links on our website that are probably worth a look, but I think you perhaps need to isolate an area first. Certainly Ipswich city council (Qld) have an online service where you can view all Development applications (DA) lodged. Also the SE Qld regional plan issued by the government (www.oum.qld.gov.au) sets out where…[Read more]

Hi Gus,

So I get $1,432,000 as a cost base, and $2,000,000 sale proceeds gives you a $568,000 capital gain.

Firstly Capital Gains Tax (CGT) is the tax paid on any Net Capital Gain made on an asset that is sold. In your case the gain will form part of the income the Trust has generated for the year. At the end of the financial year the trustee…[Read more]

Hi Onoiki,

Firstly a very warm welcome to the PI forum.
I think this is the thread you were reading:
https://www.propertyinvesting.com/forum/topic/22508.html?SearchTerms=Where,the,best,CF+

I found it by using the “Search” facility under the “Forums” menu.
Happy reading

AmandaBS
http://www.propertydivas.com.au
FREE online Property Resources

“It…[Read more]

Hi Waynel2,

Gosh I missed this thread!

Thanks a million “millions” for the referral, glad we could help out.[biggrin]

AmandaBS
http://www.propertydivas.com.au
FREE online Property Resources

“It is better to be inconspicuously wealthy, than to be ostentatiously poor…”

Just adding to Julie’s advice you can also do a free postcode search at:

http://www.propertyvalue.com.au/postcode_profile.php

AmandaBS
http://www.propertydivas.com.au
FREE online Property Resources

“It is better to be inconspicuously wealthy, than to be ostentatiously poor…”

Hi Jt32,

Yes you are correct in that the proportion of borrowing costs for the period the house is your PPOR will not be tax deductible.

We have an example on our website that shows how borrowing costs are claimed in your tax return. Using that example the annual tax claim is only $303 so all you’d be missing out on is a tax claim of $151.…[Read more]

Great posts Julie [thumbsupanim]

AmandaBS
http://www.propertydivas.com.au
FREE online Property Resources

“It is better to be inconspicuously wealthy, than to be ostentatiously poor…”

Hi Dacium,

The following is an extract off our website about Subdividing:

What is Subdividing?
Subdividing is when a piece of land is split into two or more pieces (ie separate lots). The process is controlled by the local Council. Planning codes and procedures vary significantly between Councils and also between States and Territories, as do…[Read more]

Hi Richard,

Just wondering if you could explain if there is any problem should you choose to later use the home as a rental? Peoples circumstances do change and perhaps someone could be posted interstate and need to rent the property.

AmandaBS
http://www.propertydivas.com.au
FREE online Property Resources

“It is better to be inconspicuously…[Read more]

That is such great news, and well done for not only setting a goal but achieving it in record time.

AmandaBS
http://www.propertydivas.com.au
FREE online Property Resources

“It is better to be inconspicuously wealthy, than to be ostentatiously poor…”

Seeing you asked, we have recently established a new website that is designed to be a “one stop” place for property investing resources, so please come and check out our huge list of useful links:

http://www.propertydivas.com.au/5Tools/DivaLinks.aspx

If anyone has any to add to our list please drop me a PM, plus we have heaps of free…[Read more]

RICH….How about a rich chocolate mud cake….Yummm

AmandaBS
http://www.propertydivas.com.au
FREE online Property Resources

“It is better to be inconspicuously wealthy, than to be ostentatiously poor…”

Great stuff Richard and hopefully it will allow lots of people realise their dream of a home. Not too many though all we’ll have no tenants!!

To read further about the new “Shared Equity”…[Read more]

I’ve seen it layed in a display home and it felt quite soft underfoot. I saw an article on TV the other day saying how it can withstand traffic much better than timber.
Seems to be around $100m retail but like Celeste I’ve seen it go through the auction rooms for only $25m.

We’ll certainly be looking at using it in our next…[Read more]

Try contacting “Cashflow Properties” based in NZ, here’s the link:

http://www.propertydivas.com.au/7ProfServ/Professionals.aspx?cmaid=1a59ae66-4fab-4a14-a189-94d19b492bf4&cmstat=Profall

AmandaBS
http://www.propertydivas.com.au
FREE online Property Resources

“It is better to be inconspicuously wealthy, than to be ostentatiously poor…”