Hi NHG

If the mother sells the property to her daughter with either a vendor finance Lease/Option or Instalment Contract she should not have to pay CGT straight away.  In relation to a Lease/Option, often called a Rent To Own, the property is not 'sold' for CGT purposes until the Option is 'exercised' and the sale is completed (settled). …[Read more]

Hi Chris

It's been mentioned by Luke above and I too would suggest your friend look at selling one or two with vendor finance.  If you're able to buy one or two traditionally this may not be necessary but, if you can't get the finance, s/he may be able to sell you one or two with an Instalment Contract.

Your mention of a vendor finance…[Read more]

Hi PFrankyXLeaving you with an approximate tax saving (not including medicare levy) of $16,200 and a resultant loss for the year of about $28,800 for the 3 properties.  Hopefully Capital Gain was kind to you.Cheers,  Paul

They sell the NSW version at:  http://www.smokeball.com.au/ProductInfo/2649/P/9026/34058001Cheers,  Paul

Thanks Richard.  As usual, great information  Cheers,  Paul

Hi AllanWhy not get your friend to see if the owners of the block would sell it to him with vendor finance.  My guess is he'd probably have to offer a premium price to the owners but they don't seem to have a very sale-able asset and they might be able to work a mutually beneficial arrangement.Cheers,  Paul

Hi hjseoI don't have a course for sale but I'd suggest you read a thread on the subject at:https://www.propertyinvesting.com/forums/property-investing/creative-investing/4324169Cheers,  Paul

Hi JohnaWelcome to the forum.  I hope you enjoy your time here.As you are fairly new I'd suggest you have a good read of the information on this website about flips.  It's at:https://www.propertyinvesting.com/strategies/flipsI believe it will answer your questions.Cheers,  Paul

Hi MartinAs Rent To Buy is one of the 3 most popular vendor finance (VF) strategies and because there are a couple of misconceptions above, I suggest you do some general research about VF.  Some suggested places to start…[Read more]

Hi yofruityWe often help people who are suffering from a small amount of negative equity (mortgage larger than value) with our negative2positive vendor finance (VF) process.  However 'upside down' to the tune of $100,000 is too much negative equity to handle, even for VF.Yours is the second time in a week I've run across negative equity in the…[Read more]

Hi KathrynA few friends have good things to say about:Despina PrialaDirector, Priala LegalProperty Development Lawyer, QldMobile:  0400 141 269Cheers,  Paul

Hi ZacAs I mentioned my VF contacts in SA are pretty well non existent.  However if you can contact a vendor financier in SA, give him/her a call and ask if they would be interested in receiving referrals from you.We have a couple of people who are great net-workers and they refer frustrated landlords to us who are looking to try to turn their…[Read more]

Hi Jay Here is the information for Qld:http://www.justice.qld.gov.au/fair-and-safe-work/electrical-safety/for-householders-and-consumers/safety-switches/safety-switches-and-domestic-rental-properties Cheers,  Paul

Hi AWe use Gumtree to advertise the properties we have for sale with vendor finance (VF), i.e. Lease/Options and Instalment Contracts.  We also know vendor financiers that use Agents to sell their VF properties.Could you give us a bit more information about the project and your marketing thoughts?Cheers,  Paul

We use Office Autopilot but we found a good place to start was it's little brother Sendpepper.  Have a look at:http://sendpepper.com?ref=450576Disclosure.  That's our affiliate link.Cheers,  Paul

Hi JohnYou may get a better price for the business if you offer some form of vendor finance.  A couple a friends of mine just bought businesses in Qld with vendor finance.  One was a plant nursery, the other a fish & chip shop.You could offer to vendor finance the whole business, via an Instalment Contract or a Lease/Option, or you could offer t…[Read more]

I agree with MattCheers, Paul

Hi LiamAs we use this model all the time with our JV Property Partners business, I can confirm our experience is the same as Richard and Terry outline above.When you purchase the property, you pay Stamp Duty.  For the on-selling of the property, NSW requires Stamp Duty to be paid within 90 days of 'exchange of contracts'.  As you 'exchange c…[Read more]

Paul at Resicert does a good job. His number is 1800 737 423.  He also has a website at:  http://resicert.com/Cheers,  Paul

Hi JamieThanks for that.  It just saved me so much work with a new JV partner Cheers,  Paul