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DanielJ2 replied to the topic Subdivide and Conquer? in the forum Finance

Wed, 11 Jun 2014 04:10:40 +0000

Hi Richard and Terry,
Thanks for getting back to me.

The valuation on property after demolition, with subdivision, would increase the land value so no issue there. Blocks of similar size are going for between 375 and 400k…

Any hints for strong set up of trust? I had intended on being the appointor and director of corporate trustee. That way,…[Read more]

DanielJ2 replied to the topic Subdivide and Conquer? in the forum Finance

Wed, 04 Jun 2014 12:13:45 +0000

Hi TerryW,
Thaparticular Hesponses.
Is it accurate that if a newly built property is held for 5 years, GST does not need to apply to sale of property? (Provided that GST is not claimed in the prior time – which may not be the best outcome anyway – just curious)

Asset Protection is from a higher risk day job (more so than standard office…[Read more]

DanielJ2 started the topic Subdivide and Conquer? in the forum Finance

Wed, 04 Jun 2014 09:39:31 +0000

I am looking at doing a development in Adelaide, splitting a block and replacing existing house with two new residences. I had initially thought I would sell one, hold one at the conclusion of the development, however an adviser I spoke with asked why I would sell straight away given the rental return.

I have an existing loan of 255k on a…[Read more]

DanielJ2 became a registered member

Wed, 04 Jun 2014 09:29:38 +0000