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  • Profile photo of Paul13Paul13
    Member
    @paul13
    Join Date: 2006
    Post Count: 5

    Thanks CRJ,

    The first transfer of ownership in 1994 did concern me. However , like you, I think CGT is not applicable.

    As suggested by Elka I will consult with an accountant in Brissie & will post the answer on this thread.

    Paul

    Profile photo of Paul13Paul13
    Member
    @paul13
    Join Date: 2006
    Post Count: 5

    Thanks Elka,

    I appreciate your reply. Your answer coincides exactly with another property investor friend of mine.

    However, I will take your advice & seek confirmation from an accountant.

    Also, thanks for your condolences

    Paul

    Profile photo of Paul13Paul13
    Member
    @paul13
    Join Date: 2006
    Post Count: 5

    Hi Derek

    No, I’m not your spammer.

    I have posted two entries on forum websites. One on this site & another on the Somersoft site. I was thinking of using some tips in the book (which talked about investing in regional areas) as a guide for my next possible investment in Regional NSW because I did think it was good. Before doing this, I was after opinions from other people through the forums who may have
    read the book, or played the board game.

    Someone talked about a game called Hybrid Real Estate on the other site. I don’t know much about this game either, but I would be interested in hearing from anyone who has played that game whether it was a good game about real estate.

    After the nice welcome I got late last night after joining the forum, this was not the response I was expecting or treatment. I was surprised because I did notice some people on this and the other websites have actually promoted their own books.

    Regards

    Paul

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