Tony P replied to the topic Landlord advice needed in the forum Help Needed! 16 years, 8 months ago
Thanks guys, I appreciate the advice. Perhaps I am being a bit scroogy.
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Tony P replied to the topic Building a duplex in the forum Help Needed! 16 years, 11 months 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
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Tony P replied to the topic Building a duplex in the forum Help Needed! 16 years, 11 months 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
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Tony P replied to the topic Building a duplex in the forum Help Needed! 16 years, 11 months ago
Thanks guys, that was very helpful.I am based in NSW. Any suggestions for areas to look at?Regards,Tony P.
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Tony P started the topic Building a duplex in the forum Help Needed! 16 years, 11 months 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]
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Tony P started the topic Building a duplex in the forum Help Needed! 16 years, 11 months 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]
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