TC62 replied to the topic Invest in PPOR improvements or IP in the forum Hi intrigue.
I have arrived! 13 years, 8 months agoHi intrigue.I have arrived! You are not alone young padowon!OK, minimal info but here goes. A lot of your decision should be reliant on your existing tax burden. Have you heard of tax variation (old name from ATO is a 221d)? If not, check out tax variation on the ATO website. Putting it simply, you have ZERO tax deductions on your PPOR however,…[Read more]
TC62 replied to the topic 1st ip in the forum General Property 13 years, 8 months ago
Hi Kemjay.I live in SA and do business in our "Golden Triangle' of Whyalla, Port Augusta and Port Pirie. Whyalla is interesting. 5 -6 years ago the locals were saying, "whoever is the last to leave please turn off the lights". That was then, this is now!SA is riding again on our own resource boom; maybe not to the extant of WA but a boom non the…[Read more]
TC62 replied to the topic What can we do with lots of equity but little cash flow? in the forum Hi Tegs.
I guess the first 13 years, 8 months agoHi Tegs.I guess the first thing we need to understand are you and your parents motivation for developing and duplex's? It is for growth – short or long term? Is it for tax reduction/minimisation?I would need to ask a lot of questions before I could answer your questions with some degree of accuracy Tegs. My suggestion is you and your parents need…[Read more]
TC62 replied to the topic Buyers Agent in Adelaide area in the forum Help Needed! 13 years, 8 months ago
Hi Fergus.A company we have used in Adelaide as a buyer's agent is Australian Legal & Finance. They're fairly new but very good. Take a look at their website at http://www.legalandfinance.com.au and see what you think!Cheers!TC