I purchased a PPOR back in 2007 and for the last 10 years has been rented out. I wanted to sell the property to pay a second property off. I know moving back in won’t make a difference for CGT purposes but is any other way I can reduce or minimise it? Feels like such a loss.
Thanks guys this is great………… I actually don't have any personal debt or own my own home yet so the IP's are the only things really. I'm being questioned by my broker/accountant why I want an offset account and its purpose when the interest is a tax deduction. My thinking is I wanna pay the loan down as much as I can. I understand that yet…[Read more]
if you have access to Sky business she actually has a show called Property Success check her out on that and she also appears on'your money your call'……………. she REALLY knows her stuff. I have met with guys in HIghett previously and they were pretty good not pushy at all!!! did want to help me at no cost. I didnt join as I found them to…[Read more]
yeh true i did consider that but the rental return is so good and the vacancy rate is good – im just looking at it because it'll be putting money in my pocket.
Hi Mike thanks heaps for the report!!!! Its awesome and your quick as lighting. I had the report in 30mins. Much appreciated. Will pass this onto other investors and im sure you'll be hearing from me again.Thanks Again
Hi Mike thanks heaps for the report!!!! Its awesome and your quick as lighting. I had the report in 30mins. Much appreciated. Will pass this onto other investors and im sure you'll be hearing from me again.Thanks Again
Hi reeco..i can see this is quite old but i felt the need to add my 2 cents in.I can understand where you are coming from and yes this is a huge outlay for ppl like you and I. I am 26 single female. I also have the one IP. I considered the RESULTS program myself. My mother did the program hmmm i think approx 2 years ago now i think. And my fa…[Read more]
Hi guys this is interesting.. im a newie i only have the one IP in VIC and am very interested in buying US. And will be ready to purchase around March however I havent a clue where to begin. I will need to do some extensive research. I was considering getting a reputable buyers agent. Know any?? Your assistance will be greatly appreciated.
Thanks Simon and Christopher!! No really thank you this has given me more tpics to research. Im finding that there is moutain of information and it can be overwhelming to the point where it sometimes paralyses ppl into inaction. Simon your point about CGT i did not even consider nor realise that WHEN i move in has such a huge impact. I had assumed…[Read more]