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jsum

  • jsum replied to the topic upgrade own home in the forum Help Needed! 17 years, 8 months ago

    thanks Mark [specool]Originally posted by Qlds007:
    I agree with Marc to sell all of the properties and then rebuild your portfoli could be financial suiside given the CGT and stamp duty costs.

    If you want to upgrade and assuming the loans are not all cross collalteralised (Cringe at the thought they maybe) why not consider a shared equity style…[Read more]

  • jsum replied to the topic upgrade own home in the forum Help Needed! 17 years, 8 months ago

    thanks, it is a need with two teenage boys etc etc..we’ll do some number crunching,Originally posted by L.A Aussie:
    The problem with selling all the I.P’s to buy a better/bigger PPoR, and then using the equity in the new PPoR to buy new I.P’s is that you will pay an absolute fortune in C.G.T, buying and selling costs.

    Do you NEED an upgrade or do…[Read more]

jsum

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