Even though i am not an accountant, i have the same issue in Sydney. I have 2 blocks of land next to each other with my business running from it. It is dual zoned.
As far as I know, it is up to the solicitor who is preparing the contract for the vendor to state if the property is GST liable or not.
But it doesnt really matter anyway,…[Read more]
Thank you all for your answers, i did notice it was another question posted in one of the other forums regarding the same topic.
Well, anyhow, im glad that im not the only one.
Reading all your different opinions about books and seminars, only one thing comes to my mind.
My ex-husband, who never had a job, claiming that he is too busy studying, went to every seminar, boght every book there is. Costing thousands and thousands of dollars (He was into shares). Still managed to loose everything every single time.…[Read more]
I much prefer to use a principle interest loan, i rather pay the loan down, but at the same time, be one day able to own the property rather that just have payed interest, though if you are just doing a buy and hold, then quick sell. Then interest only maybe a better choice.
Though a prinicple interest loan, your repayments…
Just moved from Sydney 2 months ago to the Gold Coast, and loving it.
So i guess i know sydney much better than the local area.
Still have a business running near Hurstville, sydnye south west