hi Benny

Thx a lot for your comprehensive answer. for my calculation of the CGT i think i made it wrong of the initial 25% as CGT. however of the number of come out right partly is due to the coincidence lol.yep thanks for the tip of the PPOR :)

Cris

Hi Benny

thanks for the information and the tips! btw, what is PPOR mentioned above means? sorry if it is a basic question as i m new to these things… And how does this PPOR works exactly to keep the seller not paying ANY CGT?

Then my next question here is, the calculation of CGT.

R u saying with my example above, the actual CGT…[Read more]

hi Terryw

Thanks a lot for the comprehensive answer.So if in that case, can they get LMI so that they can get extra finance? if yes, how much more they can get if thru the LMI?

Millions of thanks again

Cris

hi Terry

thanks a lot for your information. so u will b able to assist me in Tax then in the area of lease option? for example how am i going to structure the deal in the best way to avoid a big tax bill within the law ? or should i form a trust or any legal entities to these deal instead… will you be able to help me on those? R u based in…[Read more]

hi Huilo

thanks for your prompt reply. I m looking to get into the lease option business but want to know the business from all perspective, e.g. how does the rent to own tenants get their finance in this case? since a rent to buy tenants are not able to buy a house thru the normal channel due to not enough money for deposit and they can’t get…[Read more]

hi huilo

thanks for your reply. As for the first question’s answer, when u mentioned saving a deposit then show to a bank to get the finance, and assume that only 2nd tier banks would allow this as deposit, the deposit that u mention here do u mean the premium rent that the seller asked for from the rent to buy tenants? lets say a 5 year lease…[Read more]

hi hullo

thanks for your reply. As for the first question’s answer, when u mentioned saving a deposit then show to a bank to get the finance, and assume that only 2nd tier banks would allow this as deposit, the deposit that u mention here do u mean the premium rent that the seller asked for from the rent to buy tenants? lets say a 5 year lease…[Read more]

hi Jason,

i have 2 questions for you

1, u said it is difficult these days of assigning contracts, why is that? i m new to this area and have no experience
2, do u know any good lawyers or tax accountants based in Melbourne who are specialized in the lease option field? i want to work with the experienced ones…

Many thanks in advance

Cris

hi Jason,

i have 2 questions for you

1, u said it is difficult these days of assigning contracts, why is that? i m new to this area and have no experience
2, do u know any good lawyers or tax accountants based in Melbourne who are specialized in the lease option field? i want to work with the experienced ones…

Many thanks in advance

Cris