Forum Replies Created
hi brissy 04
raising a mortgage against an existing ppr to purchase a new ppr is unlikely to effect any tax deductibilities despite previous posts.
you will minimise your raw costs however, and this is a good thing.
Brendan H
Mortgage Broker
Brisbane 07 3240 4815All this because you addressed the Yr 11 Creative Writing seminar….and you accepted a fee to do so?????(partially donated to public education alledgedly)
Wow, your commitment to Australia’s youth (private or publicly educated) is commendible (NOT)
hi gatsby, this is very distressing – has your friend sought legal advice yet – the fine print will tell all I expect – hope it works out, but i’d be very interested if you wouldn’t mind updating us along the way.
cheers
Brendan Heagney
Mortgage Broker
07 3240 4815Some might say its called the
“Don’t buy investment properties in NSW Tax”
and i’m sure there are plenty of other names for it as well!!!
hi tass,
keep in mind the lender will need to know that you have continuity in employment – so hopefully your company will allow a straight forward transfer – be aware of seeking new employment and having a ‘probationary’ period attached to it may make matters difficult.
hold onto your existing property and orchestrate your employment and income issues in order to allow you a seamless transition.
sitting down with a brilliant mortgage broker is as always, thoroughly recommended.
cheers
Brendan Heagney
Mortgage Broker
07 3240 4815what do you do Leigh, with a solid career path you’ll be able to lots and lots of stuff – with a stable residential base i’d be sorting this out first in order to establish a ‘bankable’ income stream, then go and then run onto the playing field.
might not be too popular in the i want it now world, but hey, it might work for you.
cheers
Brendan Heagney
Mortgage Broker
0438 436383If you don’t ask, the answer is no!!
obviously thats a question for your accountant – if at all possible buy a few more of those blocks – infact, i hope you buy the whole island and attach a couple of 330hp outboards to it and potter off…
chances are you’ll get $12k of gov assistance to buy your first home – this is perfectly feasible if you have savings and income to support borrowings in your name – talk to a good broker to establish this position.
cheers
Brendan Heagney
Mortgage Broker
0438 436383If you don’t ask, the answer is no!!
will that water probo wait a few months? its probably a body corporate issue (which will then mean higher bc fees for you)
growth area…yes, i agree, there are thousands of hectares of new resi development proposed in the area – see Delfin for details.
are you a builder?
$20k sounds like a fair sum if your expectation is to eat* and breath only, fasting will be required when your rates bill is due however.
*does not include restaurants (including mcd’s)
$30k includes mcd’s on a quarterly basis only, sorry, the local thai is still not an option
imho
sell more houses = more commission = more savings
this is not an attempt at humour or sarcasm – focus on your core business and the money looks after itself, focus on the money and you’ll be a slave to it forever
cheers
Brendan Heagney
Mortgage Broker
0438 436383If you don’t ask, the answer is no!!
what exactly is good about this property – everything you have written including the price wouldn’t even get me out of the real estate agents car (that is if they did taxi you around these days…)
why not commission your own val and demonstrate the appreciation – sort of force their hand so to speak.
cheers
Brendan Heagney
Mortgage Broker
07 3240 4815If you don’t ask, the answer is no!!
he he, that’s funny kay
cheers
Brendan Heagney
Mortgage Broker
0438 436383If you don’t ask, the answer is no!!
no, its the First Home Owners Grant – not the First Investment Property Grant.
none – its the basis for charging rates and is generally a running average of the past three valuations which could be spread over 6 – 9 years or so.
quick answer is still none, very rough guide, well,,, maybe.
Hi Alf
math isn’t everything
Location?
Potential future growth?
Vacancy issues?
Maintenance issues?
Future zoning issues?If there are positives in the above, hard to see why you’d ask the question.
Cheers brahms
I concur.
cheers brahms
steve
i quote “I figure that maybe a partnership will match our need, but the type of partnerships are family (related to each other which we are yet… or are we??? defacto) or other ones like trust etc.”
unless there is new legislation going on…getting married is all about you and your wonderful partner – sneaky governments aren’t gst’ing or abn’ing you yet!!!!!
interesting post Richmond – utilizing the usual 20:20 hindsight – just how healthy was the local economy, commercial vacancies in the ‘cbd’? strip shopping centres? etc etc.
was it realistic to seek/believe that a zoning change was feasible? if it was already in place thats aok…its hard to piece all the parts via the forum – you know what i mean.
cheers brahms
