Forum Replies Created

Viewing 20 posts - 1 through 20 (of 30 total)
  • Profile photo of Genesis01Genesis01
    Member
    @genesis01
    Join Date: 2003
    Post Count: 56

    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?

    Regards
    Daryl 

    Profile photo of Genesis01Genesis01
    Member
    @genesis01
    Join Date: 2003
    Post Count: 56

    Too easy;

    thanks John

    Profile photo of Genesis01Genesis01
    Member
    @genesis01
    Join Date: 2003
    Post Count: 56

    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?

    Regards
    Daryl

    Profile photo of Genesis01Genesis01
    Member
    @genesis01
    Join Date: 2003
    Post Count: 56

    So basically,

    bar waterproofing the outside surafce somehow,
    any finish applied inside will create problems
    when the house moves slightly, causing damage to the
    inside surface/ finish from water!

    Regards
    Daryl

    Profile photo of Genesis01Genesis01
    Member
    @genesis01
    Join Date: 2003
    Post Count: 56

    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.

    Regards
    Daryl 

    Profile photo of Genesis01Genesis01
    Member
    @genesis01
    Join Date: 2003
    Post Count: 56

    Thanks Raddles,

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

    Regards
    Daryl

    Profile photo of Genesis01Genesis01
    Member
    @genesis01
    Join Date: 2003
    Post Count: 56

    We intend to subdivide now and keep the block for 12 – 18months before selling.

    What can we do to / on the land to derive some cashflow in the interim?

    Any sugestions would be appreciated…

    Profile photo of Genesis01Genesis01
    Member
    @genesis01
    Join Date: 2003
    Post Count: 56

    Thanks Amanda

    Much appreciated

    Profile photo of Genesis01Genesis01
    Member
    @genesis01
    Join Date: 2003
    Post Count: 56

    Thanks Amanda;

    Two councils are combining & whilst they are keeping the 2V zoning for the town
    the 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?

    Profile photo of Genesis01Genesis01
    Member
    @genesis01
    Join Date: 2003
    Post Count: 56

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

    Regards
    Daryl

    Profile photo of Genesis01Genesis01
    Member
    @genesis01
    Join Date: 2003
    Post Count: 56

    What are the rules pertaining to NSW?

    Regards
    Daryl

    Profile photo of Genesis01Genesis01
    Member
    @genesis01
    Join Date: 2003
    Post Count: 56

    Thanks LA Aussie,

    These are actual clauses written on Steve's Buyer Beware Templates.

    I was wondering what the implications are?
    Regards
    Daryl

    Profile photo of Genesis01Genesis01
    Member
    @genesis01
    Join Date: 2003
    Post Count: 56

    Hi Xenia:

    The clause specifically states…

    'indicates within 7 days of receiving a contract'.

    Profile photo of Genesis01Genesis01
    Member
    @genesis01
    Join Date: 2003
    Post Count: 56

    Thanks for your help Terry

    Profile photo of Genesis01Genesis01
    Member
    @genesis01
    Join Date: 2003
    Post Count: 56

    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

    Profile photo of Genesis01Genesis01
    Member
    @genesis01
    Join Date: 2003
    Post Count: 56

    Thanks Scott;

    I will talk to Michael.

    Profile photo of Genesis01Genesis01
    Member
    @genesis01
    Join Date: 2003
    Post Count: 56

    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!

    Profile photo of Genesis01Genesis01
    Member
    @genesis01
    Join Date: 2003
    Post Count: 56

    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

    Profile photo of Genesis01Genesis01
    Member
    @genesis01
    Join Date: 2003
    Post Count: 56

    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’.

    Profile photo of Genesis01Genesis01
    Member
    @genesis01
    Join Date: 2003
    Post Count: 56

    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

Viewing 20 posts - 1 through 20 (of 30 total)