Do you have to pay CGT if you sell your existing PPOR to a Trust then borrow to buy another PPOR?

So does mean that you can borrow all the cost for subdivison and construction cost and then start to pay when the rental income is coming in? Or do you need to pay each month interest payments!I am in a similar situation where I am just now looking at sudviding and building if possible.

Yep got screwed by RAMS AND RHG… but luckily getting out in 3 months time yeah a jail term of 3 years is a long time to be sitting on the fence.Also what are the current rates with the Majors for a pro pack including discount. low 5's or high 4's?anyone tell me please?

Terry am waiting to get out when it expires otherwise up for about $13k in exit fees and the rest.  Is there a problem getting finance from other lenders if it was originally Lo Doc finance.

We all wish 1%!

Thank you for contacting RHGRHG management have made no announcement regarding the interest rates at this stage.Kind RegardsCustomer Service 

I suggest try 1 first and see how long it takes from time you purchase to time you sell and get that profit.  I have done it with a partnership we managed to renovate and sell on two properties within the year.

Was originally with RAMS until they got taken out and then RHG took over. I had no choice in that matter and with 3% exit fees was way to expensive to get out so early.That is why i am with RHG.

Anyone betting that they will cut again in May if things keeping getting worse?

Ellenbrook will go up in about 10yrs or more because it is a fairly new area and infrastructure just being built.  Try and look at older established suburbs closer to the CBD.Lynwood is not a good area as it is close to big Overhead powerlines and the capital growth over 20yrs has not been that great.I would suggest are you looking for lifestyle…[Read more]

I wonder who is in charge of the Country – The Govt or the Banks????It seems that the banks do what they want and when they want!

what are the current rates for pro pack holders anyway!Are they still giving discounts out?

Response from RHG – So looks like they are still trying to squeeze more money until say make a decision!Thank you for contacting RHG Home LoansRHG interest rates are still under review by management.If we can be of any further assistance, please visit our website at http://www.rhgl.com.au or alternatively contact us on 1300 658 489, (Monday-Friday…[Read more]

what structure would you set up if you were share trading/investing?  Would you set up a discretionary investment trust?

How about RHG are they passing on nothing as usual?

Harry Dent Jr has been predicting this for years…. If you read what he says about the coming crash it will be interesting times for sure. Especially when the Boomers spending their money//

To be honest with you…. YOu should aim for at least $1.5M in net equity before you can even consider it. That is what I have been advised by some people actually doing it with a LVR of 60% or lower.

Seems logical doesn't it.  What if you are retired and go travelling overseas for a few years still have to lodge a tax return? because you will still have investments earning money…. something to think about also.

Hey Raymon I am moving on soon… though the name RAMS does still scare me Now RHG are just as bad….

Same here if you want to put in an offer and you verbally say I will offer X and it is to low the Agent will say – No I have been instructed not to present anything less than Y".  So you are wasting your time if you want to present a real low offer unless you have cash and can pay now.