Thank you, Richard.
I've sent you a PM

Oh, I should also add that I intend to buy another property in about 6-12months

Hi Steve,

I’ve been following your posts and am curious if you had to get an ITIN to purchase property before you went over to the US and, if so, how long did it take to receive?

Good luck with your property hunting!

Mg

will do. thanks!

Hi Terryw,

He hasn’t given me reasons yet as I am waiting to see him. I am trying to get info before hand. He did say that I’d be better to set up a unit trust rather than selling the property altogether and starting again. I am trying to reduce personal debt on property 2 to start investing again

M

Hi Terryw,

Thanks for the info. I have found out that i won’t have to pay CGT on my 1st property. At this stage it looks like the value is about $500k so I am looking at setting up a unit trust and borrowing to buy units from the trust, and to pay the stamp duty, so I can personally deduct the interest.

I am very close to buying a third…[Read more]

Hi Terryw,

Thank you for your reply. I am only new to this forum but have already read so many of your posts and am blown away by your property investing knowledge!

Was wondering if you could help me further?

When you say that i ‘could probably sell the first property now without CGT’, is that because if i set up a trust, I won’t have to pay…[Read more]