Hi guys

After a few trips to rocky and plenty of research on the ground, I can report that anything out of the flood zone, fairly priced is selling quickly.
Twice I got pipped at the post when putting an offer in.
One was for a clean two bed duplex, the other a three bedder returning just under 7% yield.
yes there has been a slight softening on…[Read more]

Thanks guys.

Terry I had a look at the section you pointed me to, covered lots of areas simaler to mine, but  more from an angle of making a PPOR an IP.
I will keep on digging.

If anyone out there does have a dedinative answer or has been through this scenario I would live to hear the result.

Cheers

Thanks Scott

Yes one of my concerns was the fact that it is so low to the ground and may not be easy to slide across.

The deal could still work by getting rid of the house and building two new builds, but I was hoping to get away with throwing $40 k at the cottage and re siting it, and just do the one new build.

Will do more research on the…[Read more]

AHHThanks Derek.I did wonder about the response……..my mistake , sorry.Someone has recommended sophi lever at lever law.I will report back soon.Thanks

Ironically enough when searching for an accountant I took Richards advice and contacted his man on the gold coast who was very helpfull.However I was asking if anyone new of any Solicitors.Anybody Got any tips?Thanks Guys

Thanks RichardEmail sent.Will talk to you soon.RegardsJohn

Reading this thread with interest as i am now pretty sure i should be setting up a discretionary trust.my problem is locating a property savy accountant in the Brisbane area.any ideas please anyone?thanksJohn