Regrow replied to the topic Help with Depreciation Please in the forum Help Needed! 20 years, 3 months ago
Hi
LifeX
The figures are only examples so that My partner and I could understand them, and the calculations in a simple way. We are new to investing and would like to get our heads around the numbers before we purchase an IP.
We are no means trying to cheat the ATO, but mearly trying to understand how a calculation would be done and if any…[Read more]
Regrow replied to the topic Ideas Please in the forum General Property 20 years, 3 months ago
Hi Simon
Just checked paper work and covenents do not allow more than one dwelling on the lot.
Our thoughts are we can do one of two things:1. Build and use as PPOR using equity to purchase IP
2. Sell and Buy IP using CG from sale (less CGT) as deposit (approx $60000), use as PPOR until loan paid down (1 to 2 yrs) making it CF+. Then rent it…[Read more]Regrow replied to the topic Steve’s seminar in sydney in the forum Help Needed! 20 years, 3 months ago
Hi what date is the seminar in Sydney, and what is the cost?
Thanks Regrow