Hi ft,My thoughts on your questions below:Has anyone done this and if so are there any issues such as getting title or arranging finance to build an investment property?Given the attractive returns currently offered in the Pilbara, landing a block to build on, is your first challenge.  If you have found an opportunity to do this without the…[Read more]

Hi Terry  – Building in W.A.    Loan is split 50/50 with my partner and I.  All costs associated with this property have been split 50/50.

Thanks for your insights Catalyst.  Some of your questions answered below to paint a better picture of our situation;

Catalyst wrote:
Depends on your situation.  Do you need the $450K to build your new PPOR?

No, the $450k is approx the clear profit if we sell after 12months of living in our PPOR.   Total cost of build, including land cost is aro…[Read more]

Thanks Jarrod – much appreciated.   In our case we are definately building a house (was a condition of land purchase).Now the interesting decision we need to make, is whether we sell straight away CGT free (approx 450k profit), or lease out +ve geared (approx 50k/year).   Any thoughts here?   I was going to run the figures in excel but I'm not s…[Read more]

On this topic, would someone be good enough to clarrify amount of CGT payable on a PPOR?  I am still trying to understand the extents of the term "CGT Exemption".  Does the full exemption mean only 50% of the bought to sold price is taxed?  Or does the full exemption mean 100% CGT free?Reason why I ask;  my partner and I are currently building our…[Read more]