preciserealty replied to the topic Anyone good at calculating CG tax? in the forum Help Needed! 19 years, 12 months ago
The Cg Tax will depend on how the structure of the property is split. Is it a 50/50 share.
If so add half of the profit to both incomes, then minus all capital deductions such as stamp duty, agents commission and any others. Minus all property related deductions.
The CG Tax is at the marginal rate. However to give you the maximum CG Tax take…[Read more]
preciserealty replied to the topic Know a good Quantity Surveyor in QLD? in the forum Help Needed! 19 years, 12 months ago
BMT and Associates, I refer all my clients there, great numbers
preciserealty replied to the topic Converting Super Funds to Real Estate in the forum No Subject 19 years, 12 months ago
Hi Michael,
I have just set up my own super fund and is wasn;t costly nor painful.
What are you looking to do?
preciserealty replied to the topic Assistance required with Furniture in the forum Help Needed! 20 years, 1 month ago
be careful with holiday let apartments as the capital gorwth is geared aginst the rent return. So your end gain might not be as substantial as you might intially think.
Can you rent the properties out as normal rentals?
And by the way fantastic is good for a rental property just make sure you upgrade to material on the lounges otherwise they…[Read more]
preciserealty replied to the topic Sorting possible IPs – how to? in the forum No Subject 20 years, 1 month ago
Perth is diffucult to find +ve geared properties. Focus more down south in remote towns
preciserealty replied to the topic New Investor : Would like some advise in the forum Help Needed! 20 years, 1 month ago
why dont you look at Townsville or Bundaberg as another option, strong rent retuyrns that you are looking for
preciserealty replied to the topic new investment advice in the forum Help Needed! 20 years, 1 month ago
I would stay away from inner city units they are some bad stories coming out of the melb. market because of over supply e.g. dockside, southbank etc
You might look at your regional areas
preciserealty replied to the topic Looking for a list of experts – Beenleigh, QLD in the forum No Subject 20 years, 1 month ago
Call State Invest Property Services Graeme Grimsey (07) 5546 2440. I send all my clients to Graeme they love him. I have been dealing with him about about two years and he does all areas in the south-east corridor. If you speak to him say Sue Foley gave you the number
What sort of property groups are you looking for, maybe I could help
preciserealty replied to the topic cross-securitisation in the forum Help Needed! 20 years, 1 month ago
not a go idea if you want your assets safe
preciserealty replied to the topic town houses in the forum Help Needed! 20 years, 1 month ago
There are +ve investments out there, however what you have to remember is the investment property is geared aginst your income so if you are not on a high income the property will not gear positive…In theory the rich get richer.
What areas are you looking at in QLD maybe I might be able to help or point you in the right direction
Sue
preciserealty replied to the topic investment instead of ppor in the forum No Subject 20 years, 1 month ago
Get a valuation when you move out on your PPOR and you will have to move out for at leat five years otherwise there will be add backs on deprecation that you claim.
However the tax benefits will cover the $40 easily
preciserealty replied to the topic Commercial Property in the forum No Subject 20 years, 1 month ago
being an ex-shopping centre and commercial property property like an investment there are ups and downs. More ups I hope.
The most important thing the remember with renegoitating leases get more rent as in commercial your sale price is geared to your return. Utilise rent-free periods and fitout incentives but dont drop the rent.
Depending of…[Read more]
preciserealty replied to the topic Capital Gains info in the forum Legal & Accounting 20 years, 1 month ago
If the house is intended to be your PPOR then no CG tax however even an accountant would probably advise you to live in the property at lease 12 months
preciserealty replied to the topic Storage units in the forum General Property 20 years, 2 months ago
You have to be careful of the size of the units and the location. Most people buy storage units with their superannuation money as it provides good rent returns for a small entry level.
There are some with guaranteed rentals going round.
I actually am certified to sell this type of product. So feel free to run it past me…[Read more]
preciserealty replied to the topic azureproperty.com.au in the forum Help Needed! 20 years, 2 months ago
I had a client previously deal with them…not great things to say you can email me for more details [email protected]
preciserealty replied to the topic Looking for Quantity Surveyor – Melb in the forum Help Needed! 20 years, 2 months ago
BMT & Associates.
Look at there website they have offices throughout Australia alot of developers use them
Great schedules
preciserealty replied to the topic Selling in the forum Help Needed! 20 years, 2 months ago
Good Finance advisor Martin Bozdas 0418 988890 or 9639 3222
Rydalmere, Sydney
Say Sue Foley recommended you
preciserealty replied to the topic Hervey Bay in the forum Help Needed! 20 years, 2 months ago
Hi Dianne,
I have just much information on Hervey Bay it would probbably bore you.
You can call me on 0419 206 620 Sue or email your mail address [email protected]
preciserealty replied to the topic Property Buyer in the forum Help Needed! 20 years, 2 months ago
Hi,
Even though you might pay what will seem a large fee for a buyers agent they egenrally do all the research and handling the whole process with you.
Call Michael Brooks Hunter House Hunters
024943 2864