Tony P replied to the topic Landlord advice needed in the forum Help Needed! 17 years ago
Thanks guys, I appreciate the advice. Perhaps I am being a bit scroogy.
Tony P replied to the topic Building a duplex in the forum Help Needed! 17 years ago
Thanks again guys, all very useful information .However I have one more question,Can anyone tell me what the process is for the strata subdivision of a duplex? and what responsibilities the new owners and/or developers have?Tony P
Tony P replied to the topic Building a duplex in the forum Help Needed! 17 years ago
Thanks Richard,Can you please clarify what you mean by 'purchase the property on the margin scheme'?ie Do you mean that if I can sell both units for a total of $700,000 then I deduct the $600,000 (land and build cost) – then I pay GST on the $100,000 profit?Regards,Tony P
Tony P replied to the topic Building a duplex in the forum Help Needed! 17 years ago
Thanks guys, that was very helpful.I am based in NSW. Any suggestions for areas to look at?Regards,Tony P.
Tony P started the topic Building a duplex in the forum Help Needed! 17 years ago
Hi guys I was wondering if someone can help me with some questions on the financial ramifications of building a duplex.
This is the scenario:
1) I have a company set up under a trust format. The business of the company is property development.
It buys land – $200,000
Builds a duplex – $400,000
Total cost is $600 000 for both units co…[Read more]
Tony P started the topic Building a duplex in the forum Help Needed! 17 years ago
Hi guys I was wondering if someone can help me with some questions on the financial ramifications of building a duplex.
This is the scenario:
1) I have a company set up under a trust format. The business of the company is property development.
It buys land – $200,000
Builds a duplex – $400,000
Total cost is $600 000 for both units co…[Read more]
