Total Members: 159,404

Forward

  • Forward replied to the topic How much should I offer ? in the forum No Subject 21 years, 2 months ago

    Some questions I always ask are:

    Who priced the property?
    Why was the property given that price?
    Why is the property being sold?

    When buying our last property we also mentioned that we would like to renovate and on sell quickly. Plus we were thinking of selling our other IP’s. (A big fat lie) But the fact that the sales agent thought that he…[Read more]

  • Forward replied to the topic FHOG under childrens names in the forum General Property 21 years, 2 months ago

    I beleive loopholes are left in on purpose. So all the fat cows sitting on top can use them. Then when common man finds out about them, thats when they get closed.

    cheers

    V

  • Forward replied to the topic FHOG in the forum General Property 21 years, 2 months ago

    In WA there is no price limit. This weeks paper stated that 23 West Australians used the grant to buy houses worth over $1 million and another 422 used the money for houses between $500,000 and $1 million.

    There is now a proposal for people buying a property worth more than $500,000 would not have access to the grant.

    Cheers

    V

  • Forward replied to the topic spill the beans ppl……..plz? in the forum No Subject 21 years, 2 months ago

    Deals are going to turn up any where, at any time. So I look at everything.

    Cheers

    V

  • Forward replied to the topic FHOG under childrens names in the forum General Property 21 years, 2 months ago

    What is the actual advantage of buying a property in your childs name? Apart from receiving the $7,000. It’s only “legal” if you were to move in and have that property as your main residence.

    Even as an investment property, how can a property in your childs name be an “investment to you”. You are no longer entitled to claim deductions, yet…[Read more]

  • Forward replied to the topic Help me with my strategy! in the forum General Property 21 years, 2 months ago

    ok, Just to confirm. So we can not roll over our CGT in Australia.

    So I’ve read one to many American books, which has confused me.

    So we have to hold an investment property for 12 months to receive a 50% discount in the CGT.

    But if a property is our principle place of residence we are CGT free. But how long must you reside in the property as…[Read more]

  • Forward replied to the topic Help me with my strategy! in the forum General Property 21 years, 2 months ago

    I was always led to beleive that if you sell one investment property and rolled the funds straight back into another investment property you deferred paying Capital Gains Tax. Until such time that you actually sell up and use the funds for personal use.

Forward

Step 1 - 0% Complete

Fill Out Your Member Profile Below

Fill in the required fields below to complete your registration.

Registration not only grants you full access to this website, but will also enable us to send you our newsletter, latest investor tips, strategies and information about events/products relevant to investors. You can opt out at any time.

Used to log in to the website and for targeting with messages. Alphanumeric characters only. No spaces allowed..

Member Login
Lost your password?
×
159,404

Register Free To Unlock Unrestricted Access To PropertyInvesting.com

×
1-Day Millionaire Mastermind Workshop - Only LIVE Training in 2019!