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  • Profile photo of god_of_moneygod_of_money
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    June 29, 2009 - 5:32 am

    I have done that when I was  a student 10 years ago.

    Profile photo of god_of_moneygod_of_money
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    June 23, 2009 - 12:03 pm

    Crystal.. my suggestion is to charge the 'market' rate but the give back the cash to your family member in 'gift card' during christmas etc…

    Profile photo of god_of_moneygod_of_money
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    June 21, 2009 - 10:29 am

    Another media hype
    Few months ago… they are talking about the property price will crash by up to 40%.
    Now… will be up by 22…
    I believe that price will stagnant or going sideways with trend going downwards for few years till the global economy recovers.
    Unless another DOUBLE BOOST by 'incompetent' GOOSE ( treasurer)

    Profile photo of god_of_moneygod_of_money
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    June 21, 2009 - 10:24 am

    dotoh,

    get a valuer to value the property (tell him/her for tax purpose calculating CGT).
    So you will have a proof if get audited.

    Profile photo of god_of_moneygod_of_money
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    June 21, 2009 - 10:23 am

    Cattleya,

    where did you invent such the formula?
    You would get exemption up to 6 years, unless you have more than one PPOR

    Profile photo of god_of_moneygod_of_money
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    June 18, 2009 - 7:16 am

    I agree that the date of exchange contract  is use to calculate the CGT, NOT the settlement date.

    I am not sure whether vendor finance will be a good idea in this situation.

    My advise is just be patient and wait………..

    Profile photo of god_of_moneygod_of_money
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    June 17, 2009 - 6:59 am

    Don't blame homestar finance. Other lender could also take up to 6 weeks.

    Profile photo of god_of_moneygod_of_money
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    June 16, 2009 - 7:42 am

    Yes.. in their trust account I believe

    Profile photo of god_of_moneygod_of_money
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    June 15, 2009 - 7:41 am

    Never seen "proper valuation" being revealed in the contract….. could be realestate agent valuation???

    Profile photo of god_of_moneygod_of_money
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    June 13, 2009 - 2:32 am

    In summary… "property spruikers"..

    Profile photo of god_of_moneygod_of_money
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    June 11, 2009 - 2:18 am

    Yes.. totallya agree with the valuer.
    it is overpriced by 10k… the selling price has 10k built in it… (marketing hype so called rebate)

    Profile photo of god_of_moneygod_of_money
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    June 10, 2009 - 5:19 am

    Terry,

    Not a surprise move though.. unless heavily geared at 110%.
    Keen to see how the property value hold up against bank valuation if enforced as you mentioned

    Profile photo of god_of_moneygod_of_money
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    June 10, 2009 - 5:12 am

    Nope, you can get FHOG/Boost without through the financial institution (i.e. you can pay with CASH)

    Profile photo of god_of_moneygod_of_money
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    June 10, 2009 - 12:30 am

    I never had a problem obtaining the valuation from the bank.. Just ask

    Profile photo of god_of_moneygod_of_money
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    June 8, 2009 - 9:46 am

    Richard,
    what is the difference b/w "offset redraw account" and "offset account"

    Profile photo of god_of_moneygod_of_money
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    June 8, 2009 - 3:59 am

    Cozz.. baby bonus 5000 dollar plus per kid

    Profile photo of god_of_moneygod_of_money
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    June 8, 2009 - 3:51 am

    Not such a free lunch Rudiga :)

    Profile photo of god_of_moneygod_of_money
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    June 7, 2009 - 1:26 pm

    I think it is fair… the IP portfolio should be reasess every 1-2 years to reflect the actual 'real' value.

    It applies to share(s) and managed fund(s) if they are heavily geared.. the property will be next target…. why must be different to other type of investments… GO GO GO ANZ….

    Property guru alias 'spruiker' always preaches that property investment will not get assess by bank after inital purchase…. can borrow 100% bla bla bla bla bla….

    Profile photo of god_of_moneygod_of_money
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    June 5, 2009 - 8:58 am

    sweeper2009,

    propertunity is  a buyer agent.. of course his/her recommendation is TO BUY
    despite booming or glooming… because of COMMISION generated…

    Profile photo of god_of_moneygod_of_money
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    June 5, 2009 - 6:18 am

    I don't think you can have reduced Stamp duty as you have previously owned "property"

Viewing 20 posts - 521 through 540 (of 949 total)
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