At a time when we are head to possible deflation – in a property bubble etc.

I doubt very much that property will increase fourfold in 15 years.

Ty

quote:
Can somebody recommend good depriciation specialists?

Thanks in advance

Hi Boris

Try http://www.washingtonbrown.com.au...

But i’m biased as i am director of co.!

Regards

Tyron

Being a cynic . It generally means “below their pumped up valuer they have got a friendly valuer to produce”

If it was below market value – why would they sell it?

Ty

What profit????????

Once you add stamp + Selling commission on the way + marketing + Legals in and out.

Do you think you have still made a profit.

If any left over – will bve subject to 50% CGT.

Hate to be negative – but sometimes better to know reality – then you can deal with it.

PS – how do you know its worth $420k. IF it is – my advice -…[Read more]

From Steve……….

Another option is to move into your investment property as your home, live in it for six months or so, and then sell it under the principal place of residence CHT exemption and pay no tax! ”

I think you’ll find this period will be prorated against the amount of time that is an investment property.

Ie if you live in for…[Read more]