Thanks Terry,So what are the current CGT liabilities,does the standard 50% CGT apply on the full sale price?Also what are the implications then, if I move back into the property?RegardsDaryl 

Too easy;thanks John

Thanks All;How effective are D/L when compared to a standard light?Is a 50w D/L equivalent to a 50w globe?Would a 50w D/L be sufficient for a standard room?How difficult are they to wire?RegardsDaryl

So basically, bar waterproofing the outside surafce somehow,any finish applied inside will create problemswhen the house moves slightly, causing damage to theinside surface/ finish from water!RegardsDaryl

Hi Art,We intend doing both:ie: a reno on the House to increase rent,and subdivide the block & sell in the not to distant future.We are interested in any suggestions to generate some cashflow on the block in the interim.RegardsDaryl 

Thanks Raddles,what is Dry Fill Rendering,what sort of costs are they quoting you?RegardsDaryl

Thanks AmandaMuch appreciated

Thanks Amanda;Two councils are combining & whilst they are keeping the 2V zoning for the townthe rural areas are being re zoned.The council however apears very good, quoting 2 weeks for a simple sub division & up to 6m onths if more complex.What aspects would complicate things?

Surely someone esle who has purchased this resource must know the implications of this clause!RegardsDaryl

What are the rules pertaining to NSW? Regards Daryl

Thanks LA Aussie, These are actual clauses written on Steve's Buyer Beware Templates. I was wondering what the implications are? Regards Daryl

Hi Xenia: The clause specifically states… 'indicates within 7 days of receiving a contract'.

Thanks for your help Terry

Thanks Terry;

When is an ABN required for a trust and what is required to invest in shares/ Managed funds thru athe trust?
Can I use the same trust that I use to invest in property?

Regards
Daryl

Thanks Scott;

I will talk to Michael.

Rather than looking for a ‘right’ time to buy,
I was simply seeking everyones perception that if this
time of year things are definitey slowing down;
and if it might infact be a bad time of year to purchase!

Thanks Duckster;

I presume that it preferable to transfer items to a Low Value Pool as soon as the Opening value drops to < $1000 due to the favourable rate?

Am I also able to write off items that have an opening value of < $300.

Regards
Daryl

Thanks all, for your comments.

The property we are considering buying is in NSW.

What is the proceedure for submitting an offer via a contract rather than on an ‘offer sheet’.

With limited rentals available, a 12 month lease was the only option.

It now seems that “an arrangement” has been made with the owner who wants early access to the property anyway.

Regards
Daryl