duckster replied to the topic Advice regarding real estate investment? in the forum General Property 12 years, 4 months ago
If you buy condo ask yourself how many people can afford to rent it out from you ?If you buy cheaper property how many people can afford to rent it from you ?
duckster replied to the topic Subdivision, option, vendor finance …… oh the possibilities …. in the forum Creative Investing 12 years, 4 months ago
contact council see if you can renew the DA application
duckster replied to the topic auto responded email in the forum Creative Investing 12 years, 4 months ago
this is a property forum howeveraweber is a good service you may wish to investigatehttp://www.aweber.com/pricing.htm?gclid=CIG31_7l97ACFUKDpAodall5Cw
duckster replied to the topic Project Development in the forum Help Needed! 12 years, 4 months ago
duckster wrote:
there are many books you could buy alexyou could look at www.activepropertynetwork.com.aurookie developer courseFeasabilityAsk your self what costs are involvedSurveyorcivic worksdevelopment application to council feesbuilding application feebuilding units costlandscaping costscontribution for loading infrastructure called head…[Read more]duckster replied to the topic Project Development in the forum Help Needed! 12 years, 4 months ago
there are many books you could buy alexyou could look at www.activepropertynetwork.com.aurookie developer courseFeasabilityAsk your self what costs are involvedSurveyorcivic worksapplication to council feescontribution for loading infrastructure called head costs sometimesmost important point what does a town house sell for (work this out and work…[Read more]
duckster replied to the topic Project Development in the forum Help Needed! 12 years, 4 months ago
there are many books you could buy alexyou could look at www.activepropertynetwork.com.aurookie developer courseFeasabilityAsk your self what costs are involvedSurveyorcivic worksapplication to council feescontribution for loading infrastructure called head costs sometimesmost important point what does a town house sell for (work this out and work…[Read more]
duckster replied to the topic Please explain “cross collateralising” PPOR and new IP in the forum Help Needed! 12 years, 8 months ago
it comes down to who is holding your title. If you get a second loan and the bank says don't worry about a deposit we will add your other property as security plus the new property as security for this new loan that is cross colaterisation of securities .
duckster replied to the topic Using redraw on IP mortgage to install air-conditioner in the forum Legal & Accounting 12 years, 10 months ago
Your accountant should be able to add the air conditioner to your depreciation schedule and work out its effective life of the air conditioner.
duckster replied to the topic joint venture for roof top development in the forum Town planner 13 years, 1 month ago
Town planner http://www.google.com.au/#sclient=psy-ab&hl=en&source=hp&q=town+planner++bondi&pbx=1&oq=town+planner++bondi&aq=f&aqi=&aql=1&gs_sm=e&gs_upl=337l2907l1l3040l6l5l0l0l0l0l615l1897l2-1.0.1.2l4l0&bav=on.2,or.r_gc.r_pw.,cf.osb&fp=9f75178bb8882800&biw=1280&bih=588Go to an accountant and get the right structure ie company / trust ask…[Read more]
duckster replied to the topic $70k to spend, buy 1 or 2 properties? in the forum Help Needed! 13 years, 3 months ago
Hopefully you have factored in capital gains tax liability on the sale of your investment property in your next tax return.
http://www.allbusiness.com/business-planning/business-structures-corporations/686-1.htmlCapital Gains tax is calculated differently so ask your accountant how this works under a companyAsk your accountant if they can set up a shelf…[Read more]
duckster replied to the topic Building townhouses in the forum General Property 13 years, 3 months ago
Susan, It has become hard to find private finance since ASIC created new credit laws that make it cost prohibitive for private credit providers to meet their compliance requirements to keep a credit license and provide credit. You may find a joint venture where you share the profit based on the share of investment may be worth investigating.I have…[Read more]
duckster replied to the topic Having problems renting out? in the forum General Property 13 years, 5 months ago
What features does it have ?. What makes it stand out from all the other properties on the market !Does it have a nice gardenDoes it have central heatingDoes it have evaporation coolingDoes it have cooling Does it have neutral colour schemes.Does it have a carportDoes it have carpets as some tentants prefer polished floor boards.Does it have a…[Read more]
duckster replied to the topic Uncle Knackers Renovation Tip # 3 in the forum Value Adding 13 years, 5 months ago
Here is my tip for cutting straight lines. (1) use a drop saw (2) use a saw bench(3) I use a piece of square wood and place this on top of the timber to be cutThen turn the saw blade so that the blade touches the wood you want to cut this way you can see exactly where the saw i…[Read more]
duckster replied to the topic kitchen reno in the forum Value Adding 13 years, 5 months ago
Worth checking what your local Bunnings has to offer also
duckster replied to the topic Capital gains tax in the forum Help Needed! 13 years, 5 months ago
ORSM wrote:
Also how is CGT calculated?http://www.capitalgainstax.com.au/capital-gains-tax-calculator.htmit is complicated to explain. joint ownership you split the capital gain 50% each owner>12 months ownership from contact dates not settlement dates then another 50% discount Then cost base has to be considered to subtract from the final…[Read more]
duckster replied to the topic Capital gains tax in the forum Be careful as you can only 13 years, 5 months ago
Be careful as you can only claim one property at a time as your main residence. So if you moved into another house but deemed to treat the original house as your main residence s118-145 iTAA 1997 you cannot as they coin it double dip by trying also to claim house number two as a main…[Read more]
duckster replied to the topic Building & capital gains tax in the forum Help Needed! 13 years, 5 months ago
If you half own the land on the title the CGT will be split between the joint owners.As you will only be working part time your annual income if timed correctly will be less for the next financial year and will be added to your annual income to calculate what tax you will end up paying.BEWARE – this added income is deemed by the family office and…[Read more]
duckster replied to the topic Builder/developer – Northern Suburbs – Victoria in the forum Jodee have a look at this 13 years, 5 months ago
Jodee have a look at this web site http://www.sourcepropertyservices.com/backyardsrus.aspThey are not in the northern suburbs but they do everything for a developer.If you want to learn check outhttp://www.activepropertynetwork.com.au/
duckster replied to the topic tenant doing capital improvements in the forum Legal & Accounting 13 years, 6 months ago
Another thing would be Window Safety Film, Barriers to Kitchen , stairs. A place to place nappies out of children's reach. Secure back yard so kids do not escape. Possibly 50 degrees hot water .
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