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  • Profile photo of JLillianJLillian
    Member
    @jlillian
    Join Date: 2004
    Post Count: 9
    June 18, 2011 - 3:37 am

    Hi Terryw, I'm not living in the property. I'm going to rent out after reno, so CGT would be the difference between the selling price and buying price ? or selling price and the valuation I could get after reno? because the income start after reno, a bit confuse about this. thanks!

    Profile photo of JLillianJLillian
    Member
    @jlillian
    Join Date: 2004
    Post Count: 9
    August 29, 2004 - 7:57 am

    Simon,

    Thanks! try to save 20%.

    one more question: in what circumstances 2nd mortgage would be ideal?

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