Sitbon replied to the topic Back from living/investing in USA for past 7 years. Ask Me Anything in the forum Overseas Deals 7 years, 6 months ago
Hi, with respect to the USA I’d be interested to know:
1) Do you need to pay a type of Capital Gains Tax when selling?
2) Are you required to be a resident to qualify for loans, for example, showing evidence of income through payslips?
3) Are there reliable providers of property data to determine historic growth for an area, vacancy rates,…[Read more]-
Sitbon replied to the topic Where to from here? in the forum Help Needed! 7 years, 6 months ago
Matt
Just know that if you ever decide to sell your property, if you have ever rented it, you will need to pay a capital gains tax on it. For more information check out the ATO’s website and perhaps discuss a finance expert when u find someone you trust.
Cheers
Sitbon
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Sitbon‘s profile was updated 7 years, 6 months ago
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Sitbon started the topic Debt free. Now what? in the forum Help Needed! 7 years, 6 months ago
Hi all. This is my first post. Apologies in advance for the length.
I’m in my late 40s and bought my house in inner city Melbourne in 2000. It is my principal place of residence and I have no other investment properties. Suffice to say my property has tripled in price during that time which I guesstimate is around $1m. So by accident, I’ve done…[Read more]
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Andrew started the topic Debt free. Now what? in the forum Help Needed! 7 years, 6 months ago
Hi all. This is my first post. Apologies in advance for the length.
I’m in my late 40s and bought my house in inner city Melbourne in 2000. It is my principal place of residence and I have no other investment properties. Suffice to say my property has tripled in price during that time which I guesstimate is around $1m. So by accident, I’ve done…[Read more]
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Sitbon became a registered member 7 years, 6 months ago
Total Members: 159,395
