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  • Profile photo of reactrethinkreactrethink
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    @reactrethink
    Join Date: 2009
    Post Count: 5
    October 17, 2010 - 12:01 pm

    So your trying to say that mortgage choice and aussie homeloans brokers are as good as maccas and kfc? Where do you suggest I go to?

    Profile photo of reactrethinkreactrethink
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    @reactrethink
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    March 12, 2010 - 11:04 am

    Hey Roger,
    I'm doing the same but only at the drafting stages for DA. Will need advise as to where to start looking for a development loan. Which bank did you approach and was it very difficult?

    Profile photo of reactrethinkreactrethink
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    @reactrethink
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    March 12, 2010 - 10:57 am

    Thanks Terry.
    So that wouldn't be so bad then?

    Profile photo of reactrethinkreactrethink
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    @reactrethink
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    March 12, 2010 - 8:32 am

    I am in a similar situaution. I own two properties side by side and they total little over 2000sqm. I am currently under planning stages to build townhouses on these properties.
    My problem is that when I sell these townhouses how much capital gains tax would I have to pay?
    I have lived in the first property for 7 years until Jan 2006, then moved into the next door property for 6months.
    If I have the townhouses built and sold before Jan 2012, does this mean I dont pay any Capital Gains Tax or at least minimise it?

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