If joint owned your gain will be divided into 50% wife and 50% hubby $40,000 becomes $20,000 for hubby and $20,000 for wifeif owned > 12 months 50% discount applies to capital gain$10,000 to hubby $10,000 to wifeWorse case scenario 50% tax rate Capital Gains Tax of $5000 for hubby and $5000 for wifeNeed to look at marginal tax rates of wife and…[Read more]

I had a property not rent because the colour scheme was ghastly purple and hot pink. May be you could get some friends to look at the property from a different set of eyes than yours to get a different perpective.It was the boyfriend of my real estate agent that mentioned when he saw my property that the colour scheme was hideous.Also built in…[Read more]

It might be worth your while to enquire with this scenario at Citibank as they are a global banking company with branches in many countries and may be the only hope of a bank that might be open to cross country investment .

Choice report on reverse mortgages http://www.choice.com.au/viewArticle.aspx?id=104312&catId=100296&tid=100008&p=1&title=Test%3a+Reverse+mortgagescheck out this press reporthttp://www.abnamro.com.au/content/media/articles/319.aspYou will have to decide which is the better lender

http://www.cameronbird.com.ausubscribe to their email newsletter for free. They are a real estate agent that has a close tie with a property developer and the properties are usually positive when building write off depreciation is taken into account.

This question doesn't make any sense are you refering to cost of water to purchase. There usually is 1 litre of water in each litre of water.Most of the cost for water in country regions is the cost of cartage of the water in a truck rather than the actual waterFor every litre of water 1kg of weight has to be transported by the truck. Not sure on…[Read more]

When the market was booming 2001 – 2004 , I witnessed growth rates between 70% to 100% over a very short time like 2 to 4 years. So if you want to read about this sort of scenario purchase the magazine Australian Property Investor at the newsagents and read some of the investor profiles each month . The risk with this negative gearing approach is…[Read more]

may be right for commercial property as its value is linked to yield but as MARC says look in the real estate agents window or pay a valuer as rents on residential properties has lagged behind the growth of property values for the last 12 years and are just starting to increase now. The value of a residential property is determined by what someone…[Read more]

It will be hard for you to see how this can happen as the property market is not booming.

If you never put up the rent it can be bad also. ! when a long period of time has passed and the rent is below the market rent too much that you have to increase the rent in one hit that the tenant will not be happy about it.

Be careful of investing in Student accommodation. (need to check with lender first)Carparks (need to check with lender as usually not residential lending)High density accomodation like greater the 10 apartments in block of apartments.(need to check with lender first)Subdivisions greater than three may need to check with lender first to see if ok.…[Read more]

Colonial is a brand name for the Mortgage broker network used by the CBA. CBA took over Colonial but kept the name as Colonial as it was known well by the brokers. The loan products are Commonwealth bank but the branding of the broker network is Colonial.When you call  you will be talking to a CBA employee who happen to work  for the Mortgage B…[Read more]

I came across an offer of an interest free loan in my SPAM mail but it didn't give any details until you registered with the Web Site.I didn't look any further as it felt it could have been a bit suspect or only for the USA.

Are you interested in using a rate lock to protect you from the fixed interest rate changing before your loan is approved. Westpac provide this for a fee of 0.15% of loan amount for $300,000 cost is $450.Are you going to have to pay mortgage insurance.What Stamp Duty and extra hidden costs (allow about $20,000) fees will you have to pay upfront to…[Read more]

Is there anyway to structure the loan in such a way that the interest from the loan can be tax deductible?http://www.ato.gov.au/content/downloads/NAT1729-06.pdfSee page 10 last paragraph starts with the words Some rental property owners borrow money to buy a new home and rent out their previous home It is not allowed tax department will not allow…[Read more]

I have a friend who has a loan with members equity and he seems happy with them. You may need to be in an industry super fund to get a loan, it would be worth checking if this is the case with members equity.I haven't used this borrower but my friend is on a fixed term so I can't refinance him to another borrower due to the really good interest…[Read more]

Ask your current lender if you can open a line of credit against 80% of company's property's equity in your name. Use the LOC borrowings for the deposit for the next property in your name. If more than one director you may need to get their permission and may have to seek legal advice for all the directors.

If you can't make the mortgage payments on the other property you lose all x collaterialised properties.Also this can be the case if all properties are with the same lender.

The 44 page booklet doesn't give the commissioners ruling on the effective life span of itemsYou need to also look at the commissioners ruling on effective life spans of added items.http://law.ato.gov.au/pdf/tr06-005.pdf                                                           depreciation effective life spans .I think page 92 may be of use t…[Read more]

The postcode restriction is from the mortgage insurer the lender uses and as a loan with a higher LVR figure requires mortgage insurance a postcode restriction may exist.