Forum Replies Created
Hi Rahrahprincess,
Thanks, sound advice there. I am planning on staying in melb for a while yet The flat I'm renting is actually $400 a week and I have a rather long suffering flatmate, who is tiring of finding sequins and cotton everywhere! I would like to be able to contain the mess for both our sanity. He would move with me if I purchased, but I want to make sure I could service the loans without a tenant. I downsized my business when I moved, but feel it is time to build it back up again, but it is difficult given my current arrangement. I think based on everyones comments it's time I bundled my paperwork and went to see an accountant. Thanks all.
AnnaThanks for the feedback. I'm afraid I don't know anything about selling into trust, could you explain how that works? Is there any way I can get around the capital gains tax issue too? I'm not desperate to purchase a property, I just feel that I'm really not making the most of the cash that's locked into the house, or minimising the tax I've got to pay etc. I know I've got options, but don't know what they all are are! Cheers Anna
