No incomeI've never bought land on its own either.I have a friend who has purchased a block of land in a hilly area and he has done nicely from capital gain but he couldn't use negative gearing and he really struggled to pay back his debt.There is the counter argument that there is no repairs, insurance and tenants to deal with.If you could get…[Read more]

Josie_13 wrote:
HI, Im new here and thought i'd post a question.  I own a (negatively geared ) investment property which has been rented out for 3 years.If i sold it as is today the capital gains made are minimal — around $50,000 -$100,000 before tax. I know if it was sold today I can use the discount method for calculating capital gains. The…[Read more]

You may find a quantity surveyor may be useful in working out what you can depreciate.You are paying $400 more a month than is required so my question is are you likely to be renting out the place for more than 12 months and are you planning on buying more investment properties later down the track ?If yes you may find an offset account better as…[Read more]

DMakes me shudder to remember that young Australians fought and a lot made the ultimate sacrifice and then l70 years later Krudd could sell off Australia to overseas people.

I agree with Richard !Because you have started at such a young age you have time on your side.Set up an offset account on an interest only mortgage.Here is whyAn offset account gives you flexibility and reduces the interest charged. So down the track you may have saved say $40,000 in the offset account and then you can use it as a deposit for the…[Read more]

You are at the mercy of the economy with commercial.My parents had a mix with owning a shop and a residential in the one property. When the bank pulled out of the country town it was in, the tenant also left and the next tenant struggled to pay the rent. Retail Property is hard as I have seen a lot of empty small shops with for lease on…[Read more]

You may be able to get the loan from a non-bank lender that doesn't use Mortgage insurers !!it may cost more for the interest rate but you can always refinance when LVR is better.http://www.myrate.com.au/loan_products/our_loanshttp://www.pepperhomeloans.com.au/borrower_overview.asphttp://www.mortgage.net.au/category/home-loans/Some of these…[Read more]

onthelinks wrote:
I'm relatively new to the investing game and own an investment property in NZ which is negative geared so that it is currently reducing my weekly tax payments from my salary to 6% (here im Sydney). I'm looking to purchase another property and have two options1. another investment property, i'm looking in Lakemba, median price…[Read more]

http://www.investmentpropertycalculator.com.au/free-investment-property-calculator.html

Yesassuming you sub divided land the original half with the PPOR CGT exempt as main dwellingHowever the other new sub divided land has a cost base of 1/2 the original land value when you purchased it.and no longer is exempt from CGThttp://www.ato.gov.au/corporate/content.asp?doc=/Content/00150720.htmGST would also be involved for the new building if sold.

This might be what you are thinking abouthttp://www.architectureanddesign.com.au/article/Heritage-funding-program-opened-by-government/515950.aspxCloses 31 may 2010 and under Peter Garrett's Minister for environment protection.http://www.environment.gov.au/heritage/programs/index.html

You need to work backwardsFinal expected sales price of finished development – total development costs – purchase price = expected profitSo cost of development application, Cost of demolishing old house, Cost of putting in services, Cost of building two properties, cost of landscaping, cost of finance while project being done (interest)You need to…[Read more]

When this was typed in it was as stated below as it could change with tax reforms by Henry ReportThere is a six year rule for claiming the first PPOR as your PPOR capital gains exemption.However the second property would not be able to be claimed as ppor at the same time.http://www.ato.gov.au/individuals/content.asp?doc=/content/36887.htmlook for H…[Read more]

State when buying.Specify either buying as Tenants in Common with the split 30/70 or Set up a Trust structure and buy from the trust and then define the split in the discretionary trust. This method may not allow negative gearing a hybrid trust may be required for negative gearing but you need to check with an accountant as special rulings from…[Read more]

If it is a radio remote find out who makes the remote and the toggle switch settings from body corporate or previous owner and buy another remote and change the toggle switch settings on the door and on the remote to match each other and stop old owner getting into garage.The locksmith may sell the radio remote also !

From the demo video it doesn't look like it works out stamp duty. 

When you move back in the interest on the main residence is not tax deductible where as the other investment property will be tax deductible via negative gearing if costs are more then the rent and you have wage to reduce tax on.

Have you looked at  Frankston. It is close to east link and public transport to CBDJust you are not going to find a property 10k to CBD for $435k unless it is a small unit or apartment.

Do you have the original software installation disks.The problem you are having is most likely due to missing DLL files that would be installed most likely into c:/windows32/systemfrom the installation process.You may be able to move the hard drive from the old computer into the new computer and set it as the master IDE drive via the links…[Read more]

So lets derive a magic formula for this (Loan amount in two years time + extra loan in 2 yrs time) / Value of house in 2 yrs = LVR    (0.8 is 80% LVR)(loan amount in two years time + 100,000 ) / (original value * (1+.07)^2 = 0.8             (0.07) is 7% p/a growth ^2 is power of 2 Two being the term of the interest rate being two years you coul…[Read more]