duckster wrote:
Capital gains tax if capital gain achieved for the original owner of their sold share.State Government land transfer duty. (check SRO in your state or google stamp duty calculatorLegal costs for use of solicitor for transfer of ownership. Hard to lower costs unless property was set up in a trust owned by a company structure when…[Read more]

guys any one on theseany tips , precautionary measures , tales pretty sure there would be many things to look at tenent stories sri

illuminati wrote:
what you are writing down seems very sporadically written, i am in a bit of a rush, but ill check it again and go over it when i get home from work. but did you take into account how much the rent brings in?

basically think of tax benefits as extras. get the rental income-the loan repayments and property costs (rates etc)…[Read more]

guys any one on this penti99

Matt007 wrote:
Thanks Intrigue – Sri can you clarify whether you are talking about buying 'off the plan' or actual land banking as they're two separate things requiring two separate strategies.DA=Development ApplicationMCU=Material Change of UseThey're only relevant if you're looking at land/sites with development…[Read more]

Matt007 wrote:
What sort of document are you using to 'control' the land with your 10%? Option? Some other form of agreement? IT all comes down to how you did it in the first place. Without knowing the details its hard to give any kind of suggestions or estimates on what's possible or not possible. As JacM suggests, if you find a piece of land…[Read more]

hi jacMthanks for your reply … thats helpful .. thanks for the insight but I think i might have confused you I have heard people doing it …here is how it goes I sign for a land  with 10% deposit …it has no title and title is a bit far away – lets say 2 years …I am not going to borrow 90% from bank lets say the land value has gone up by 30…[Read more]

hi catalyst u are right .. but I think I might have confused u a bit therewhat I meant was – 2 ip's ( paying for themselves )and completely paying off my pporrichardthanks for your advise…when u say loan structuring – do you mean refinancing I know that I dont have much to play with …after some serious look i have shortlisted the following…[Read more]

hi richard

thanks for your reply…

i have been thru some posts .. its not been postive about cbd apartments ….

within my budget of 200 – 250 k max …

what else I can look for as a safe bet ….
i have been looking at suburbs like melton ….but cannot decide either go for suburban property or for a cbd one …

as I am not much concerned…[Read more]

hi

i am a newbie and completely rookie to investing

i want to start building my portfolio by looking at 1 bed or 2 bed apartments in melbourne cbd

but very much confused with lots of questions … need help

why people dont consider cbd 1 bed or 2 bed properties … is it because they dont appreciate ….

what are the pros and cons of cbd 1…[Read more]