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  • Profile photo of dreamlandprojectsdreamlandprojects
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    @dreamlandprojects
    Join Date: 2009
    Post Count: 7
    August 31, 2010 - 1:05 pm

    Too slow. It’s been sold.

    Profile photo of dreamlandprojectsdreamlandprojects
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    @dreamlandprojects
    Join Date: 2009
    Post Count: 7
    August 17, 2010 - 10:05 am

    Karen and Paul, do you know if an installment contract would trigger GST for the seller? The seller is wanting to sell it, but needs it to be in his name for at least 5 years (he’s 3.5yrs in) to avoid paying GST.

    Profile photo of dreamlandprojectsdreamlandprojects
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    @dreamlandprojects
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    August 17, 2010 - 9:51 am

    Thanks for your replies Terry, and Paul and Karen.

    I don’t really want to go down the path of Installment Contracts because then I’d have to go through the rigmarole of having to apply for a Credit License and hear there’s now a long waiting list to do so.

    I guess the holder of the option will just have to wait a couple of years until the title is in their name.

    Profile photo of dreamlandprojectsdreamlandprojects
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    @dreamlandprojects
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    August 9, 2009 - 11:49 pm

    Thanks for your response Richard. I'm not wanting to break any law- just seeking about it as lot's of property investors do. I am aware of ASIC's restrictions on advertising. However it's not an indirect mangaged investment.

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