Thats what the state revenue office charge.  How much is it in NSW?  I am working on a feaso for a Syndey client at the moment. 

Terry – $200 down here for stamping a trust.Rob – Looks like l am little late.  But would have been more than happy to have a chat with you.

You will probably need the help of a town planner.Try contactingBreece GevauxHub Town PlanningPh: 0438 026 077Email: [email protected] would be able to tell you if what you are looking at doing is possible.RegardsMaurice

Hi allJust to clarify generally speaking, interest is deductible if the borrowed money is being used for income-producing purposes.  If the borrowed money is being used for private purposes, then interest on this part of the loan is non-deductible.Most of you probably already knew the above but l guess the question that you really want answered…[Read more]

Hi TaylorPrior to answering your question a little more clarification is required with what you mean by "the depreication schedule shown that the property has $7,847 for this year."Do you mean that you have $7,847 that is deductible this year for depreciation on the property or do you mean that there is $7,847 of capital items that are available…[Read more]

Watching the finale l thought wouldn't it have been a more interesting show if they had bought 6 houses where you could build a unit in the backyard.  Have a budget for the unit and a budget for a cosmetic reno to the existing house.  Cheers Maurice

Hi Tigermiger,Listen to the advice on this forum and you won't go too wrong.  Great place to start is the section 32 and a chat to the council as well as get the council development guidelines off their website.  Be sure to engage a town planner in what you are planning to do as they will tell upfront whether you are in the ballpark of what you a…[Read more]

Total entertainment and very unrealistic as it didn't take into account stamp duty, prizes won, selling fees, interest costs and loss of income from their day jobs while they were renovating.  Therefore none of the houses made a profit. Hopefully channel 10 covered all these costs with advertising revenue it would have been a pretty expense pro…[Read more]

Hi All,Just got 6.9% variable through investec with 6.39% 3 yr fixed or 6.40% 2 yr fixed.RegardsMaurice

Hi baysider,Just wondering how your backyard project is going?  My business partner and l have a residential construction company and would be happy to discuss your project with you if you are looking for a builder to JV with you on this project, we are located in the south eastern suburbs of Melbourne.  RegardsMaurice

Hi PeterWhat state are you looking at doing this development?RegardsMaurice

Hi WeathlyJVD/Sash,I would be more than happy to help you guys out if you needs some estimates on build costs send me a PM and we can discuss further.Once you have endorsed council plans l would be more than happy to help you out on the construction side of things.  My business partner and l specialise in the construction of dual occs and mu…[Read more]

Hi MattHow did you go with your sub-division?RegardsMaurice

Hi PaulThanks for your reponse.I've meet with Lewis previously so l will get in contact with him regarding this situation.RegardsMaurice

HiThere are a number of factors to consider to determine build cost.  These are just a few that come to mind after a heavy week so these are not necessarliy the only factors.1. Size of the unit and the inclusions and finishes you are considering.  2. Design is very important when you are building a double story as you can spend a lot of money on…[Read more]

Hi PJ,What state are you located in?  What size are the deals?I might be able to help you out if you can provide some contact details.  You can PM me if you preferCheers Maurice

Hi Richard,Thanks for your reply.Are you able to name the lenders and their products?

Hi Al,Great work!!Maybe a couple of slides visually showing the numbers behind the deal would be my feedback.Cheers Maurice

Hi Dougyman,At what stage is your development?Have metricon given you a price specific to your site is that the price of their standard product?Regards Maurice

Hi Richard,I understand your comments but whatever happened to the 20 in 12 Investors Rule, which allows you to raise up to $2million dollars in any 12 month period from a maximum of 20 investors without a licence as long as the investors are classifed as sophisicated investors which is someone with a net worth of $2.5 million or have earned m…[Read more]