well the CGT will only apply on the increase in value from when you subdivide the blocks, so you could so something like subdivide off a couple of small blocks and sell them… tax free, then live in your bigger one for a while unitl you get more cash to subdivide the lot?

with a project as big as 20 lots you should definitely get professional…[Read more]

I think the intention would be transparent and you would run into difficulties on this.Thats just my opinion, you may want to speak to an accountant. As Byronent said, you need to consider your opportunity cost as well. CGT is taxed favourably anyway. Best way to avoid CGT would be not to make a capital gain. Taxes and…[Read more]

as there is no real benefit to trading vs selling for cash you will often find that both parties in a trade either have unrealistic expectations of the properties value or the market generally doesn’t like what they have to sell. I have seen people trade only to find their problem perpetuated. often you are better just clearing the books and…[Read more]

there’s probably truth in it but as always you have to look at the numbers and see if they are a symptom or a cause… new house prices have gone up so much that established housing is looking very cheap. The large home builders have also been closing display centres to try reduce the back log of orders and this would also deter new orders. I…[Read more]

someone is a little paranoid hey?

thankfully we live in an energy rich country, tho i doubt our ability to defend it in such circumstances. No wonder xtrata want their hands on the WMC uranium

Extensive list of ‘Off The Plan’ property available for sale in Perth.

John – 0419 198 856

but January API has been out for about 2 weeks?

Extensive list of ‘Off The Plan’ property available for sale in Perth.

John – 0419 198 856

very interesting post!

Extensive list of ‘Off The Plan’ property available for sale in Perth.

John – 0419 198 856

I should think you would be struggling to get a builder to take it on if it’s not their normal contract. Try asking a couple of the builders you have used to see if they would use it… would be interesting to hear their comments. I suspect – particularly in the current building climate – that they would pass you up as a customer.

Extensive…[Read more]

“-ve geared for CG at the moment is far more speculative than +ve geared that can be sat on during a price fall”

I am for both CF+ and CF- property, but don’t understand why you would say serviceability would be variable for CF- as opposed to stable for CF+ ? CF+ investments yield higher because they are higher risk investments. I think now would…[Read more]

bearer of bad news here…sounds like you need to retype it

Extensive list of ‘Off The Plan’ property available for sale in Perth.

John – 0419 198 856

property trusts…urghhh. the trouble is the refinancing/credit/consumer boom is funding retail sales which is boosting LPT’s and the economy generally (well so some commentators say). I worry that people trying to diversify by covering negative gearing with property trust income are just playing double or nothing – its all linked in to what many…[Read more]

6 months is very quick to construct – I would be very happy with that. some are taking up to 18 months from delivery of site to the builder. this was highligfhted in that recent Sunday Times article which commented people are paying a $50k premium in Meadow Springs just to buy houses that people have managed to get constructed.

some smaller…[Read more]

illegal in WA? no way, it’s a free country (pretty much). you can’t flip without paying stamp duty though… the solution is to flip land (lower value)

Extensive list of ‘Off The Plan’ property available for sale in Perth.

John – 0419 198 856

“I worry that this CF+ mantra is a stick your head in the sand proposition”

yes a small surplus of cash on a weekly basis does seem to dazzle people. just because its CF+ doesn’t mean you should buy it. the investment needs to be considered overall. CF+ just means it helps you with the holding costs, but if you go to sell it and you lose money…[Read more]

yes you need to lighten up…. I read a book recently that really sucks…hmm what was the name of that NEW BOOK ??

actually I should add here that the last new book I read was Trump… it was ok.

Extensive list of ‘Off The Plan’ property available for sale in Perth.

John – 0419 198 856

fair comment obiwan – tho all this chopping and changing can be expensive in such an illiquid asset class, especially when tax is applied to the until then unrealised gains.

off course this talk of bottoming out is confined to the east coast; certainly no dip on the west nor signs of a slow down. It is important to remember that ‘property’ is not…[Read more]

the market may be at different stages but the point remains that their economic theories are completely divergent, one argues chicken and egg, the other egg and chicken. It highlights the fact that theories are just… theories. It was widely touted in 2002 that the property market was finished, that things are different this time, the aging…[Read more]

House prices go down first, not last. And before housing goes down, what happens? Housing liquidity plummets. The first sign of a housing crash is a year of transactions diving through the floor. Like this one for instance.

http://quote.bloomberg.com/apps/news?pid=10000006&sid=aU1nlxf_.Lvk&refer=home

““When you see job creation, people feel…[Read more]

I wouldn’t like to be selling a house on the coast for the next couple of months! will be interesting to see how long peeoples memories are – not very I would suggest

Extensive list of ‘Off The Plan’ property available for sale in Perth.

John – 0419 198 856

I agree Phil that our housing is becoming tacky and minimalistic. you say you don’t want much multi storey and you also want larger blocks – don’t you think this is a recipe for urban sprawl? I can’t stand driving for hours through estate after estate of identical looking houses

Extensive list of ‘Off The Plan’ property available for sale in…[Read more]