delltone replied to the topic Interesting Predicament in the forum Help Needed! 15 years ago
Rarhrahprincess…I'm happy to consider any good opportunity.What are the numbers on your $150k reno property.How much are you spending and what will it sell for once renovated?Are you living in it?
delltone replied to the topic Interesting Predicament in the forum Help Needed! 15 years ago
Thanks rarhrahprincess. Many years ago (mid to late 80's) we renovated then sold a couple of houses with great success. They were our PPOR (for 12+ months) at the time so no CGT was applicable when we sold them (happy days).I've recently investigated the possibility of doing this again but finding a good 'doer upper' in my region is a challenge th…[Read more]
delltone replied to the topic Interesting Predicament in the forum Help Needed! 15 years ago
My intention has always been to build a property investment portfolio but for one reason or another haven't quite gotten around to it…yet.I've been self employed for 6-7 years, the type of business I was in produced large but spasmodic income…some years plenty, some years none at all.Upon advice from my accountant we set up a Family Trust a…[Read more]