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Viewing 11 posts - 1 through 11 (of 11 total)
  • Profile photo of BrisboyBrisboy
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    @brisboy
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    Post Count: 18
    August 20, 2011 - 7:54 am

    Thanks Terryw,

    and I assume you would have to live in the new ones for a full year before being CGT excempt?

    Profile photo of BrisboyBrisboy
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    @brisboy
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    August 13, 2011 - 4:10 am

    Thanks for your replies Richard and Terryw.

    Have made an appointment with an accountant for Monday, will will discuss these options with him then,

    Profile photo of BrisboyBrisboy
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    @brisboy
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    August 2, 2011 - 11:49 am

    Hey catalyst,

    You know any similar groups in Brisbane?

    Profile photo of BrisboyBrisboy
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    @brisboy
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    July 30, 2011 - 5:06 am

    Hey hawk,

    What state you in?

    Profile photo of BrisboyBrisboy
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    @brisboy
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    April 26, 2011 - 4:47 am

    That’s okay Richard, appreciate the response regardless.

    But yeah I would definately be keen to learn what I can if you take on more students in the future.

    Thanks.

    Profile photo of BrisboyBrisboy
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    @brisboy
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    April 26, 2011 - 1:19 am

    Hey nicolec,

    Sorry for jumping in on your thread, hope you don’t mind.

    I am from Brisbane and am also looking for a mentor to help achieve my investment goals. I currently have two properties in Brisbane, one that I live in an the other is a rental. I have a secure job with the government earning around $95k, but need some advice on where to go from here. I am particularly interested in obtaining a few more rental properties, and possible small developments such as sub divisions.

    Would be great to get some advice and guidance from some experienced investors here.

    Thanks guys.

    Profile photo of BrisboyBrisboy
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    @brisboy
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    Post Count: 18
    April 9, 2011 - 11:15 am

    Sorry to hijack the topic. Just had my own cgt question.

    A neighbour and I have decided to subdivide our two blocks to create 3 blocks. We will both be keeping our original blocks, and selling the new one. We have both had our places for several years. Will we be subject to cgt on the block we sell?

    Thanks for any help.

    Profile photo of BrisboyBrisboy
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    @brisboy
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    April 3, 2011 - 1:26 am

    Thanks for the reply Ryan,

    The block is basically flat, so should be reasonably easy to build on. I definately can afford to build the place, it’s just more of a matter of whether it would be financially beneficial to do so.

    The block itself is probably valued around $400k based on recent sales. New houses in the street sell for between $800k and $900k. So the tricky question is knowing whether I could build a house that fits the area cheap enough to make it worth while.

    Am starting to lean towards the easy option of just selling the block.

    Profile photo of BrisboyBrisboy
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    @brisboy
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    Post Count: 18
    March 27, 2011 - 9:05 am

    Hey,

    The blocks are both only 640 blocks, so not large enough to subdivide. However the camp hill property is a corner block. My next door neighbour has their property currenly for sale. If I purchased it the council has informed me I could split the two properties into 3 seperate blocks.

    Profile photo of BrisboyBrisboy
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    @brisboy
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    August 15, 2010 - 1:30 am

    Thanks for your help..

    I have sent you a message Melanie..

    Profile photo of BrisboyBrisboy
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    @brisboy
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    August 11, 2010 - 5:00 am

    Thanks guys, I appreciate the advise… Will have to get onto an architect then and get the project moving..

Viewing 11 posts - 1 through 11 (of 11 total)