Forum Replies Created
Only a matter of time before people forget about the impending doom.
I had this exact same fleeting thought the other day at work of buying-fixing-flipping. I dont have the means or know how, but thought surely it could be feasible for a handy person, that could afford the holding costs until people are keen to buy.
Rover
Hi Juddy,
Its not professional advice but it is what my accountant has advised me to do, and it makes sense to me:
I own my house.
My gf bought her house in her name, we moved out of mine and live in hers.
I rent my house out and can continue to do this for 6 years as a PPOR. I plan on selling it this year as it was a short time investment, but if i wanted i could grab the capital gains in 6 years tax free all the while collecting rent.So if you can afford it i would suggest getting the house in your own name, make use of the FHOG.
Hope that helps
Can anyone recommend a decent feasibility software to use?
i have heard of Estate master and Feastudy, are these acceptable? what is the going price for these?Hi,
I am in the middle of subdividing atm down south. I bought a corner block with house 1 year ago and got DA 6 months ago. The approval was conditional, the main condition was to remove an existing 9×6 shed in the backyard.
i spoke to a surveyor who is kind of overseeing/outlining the processt, although i have a small idea (work at a drafting office)
Initial DA has cost around $2k.
The other 3 conditions which Onkaparinga council require are currently being met, so all things going smoothly should ahve a title issued in a few weeks.Hope this helps, feel free to ask more questions if needed.
Ross
Hi All,
i am currently at the very eraly stages of subdividing in Adelaide. So far i hav got the OK from the council to subdivide the backyard off my corner block. i have spoke to a surveyor who has lodged the application form to planning SA.
As far as i am aware, planning is only necessary when building a new dwelling. And at no time have i been informed of needing to build prior to subdividing.i am in a similar position as to whether i sell the block off (very usable building wise) or build a new dwelling for rental purposes?
thanks,
Ross
