PropertyInvesting.com | eyes2thesky | Activity https://www.propertyinvesting.com/members/eyes2thesky/activity/ Activity feed for eyes2thesky. Fri, 17 Apr 2026 15:12:08 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 d0c2a18e98469544bcae0c844678093e eyes2thesky replied to the topic Steve's Seminar in the forum Help Needed! https://www.propertyinvesting.com/topic/4394691-steves-seminar-2/#post-4595494 Sun, 09 Nov 2008 22:24:17 +0000 Thanks for your responses, Michael & Roslynn :)You're right – I just need to sign up! I'm sure I will benefit from the material.Thanks guys,eyes2thesky

]]> 9993210a40be3bbd5ae6c8af5725dec3 eyes2thesky replied to the topic Why purchase in a trust? in the forum Help Needed! https://www.propertyinvesting.com/topic/4394690-why-purchase-in-a-trust/#post-4595482 Sun, 09 Nov 2008 03:34:21 +0000 Hey Guys,I had an incident with using the 'and/or nominee' option with a contract not long ago and was advised by a solicitor the following:If you do put 'and/or nominee' on a contract, the nominee needs to be in existance at the date the contract was entered into. i.e. if you signed the contract on the 1 Jan 08, the nominated entity you decide to…[Read more]

]]> e0373061b420291243eb558f8d58d733 eyes2thesky replied to the topic Premium Finance in the forum Opinionated! https://www.propertyinvesting.com/topic/4393288-premium-finance-2/page/3/#post-4587907 Thu, 04 Sep 2008 22:19:10 +0000 bluedog47 wrote:
agree v8ghia,it is pretty sad it takes days to have phone calls returned and even emails, you'd think they would all have a computer at home.Just a word on the seminar thing as well, with this mob its not actually a seminar they get a half a dozen couples up for the weekend but the whole thing is done in one day, roughly 7:30am…[Read more]

]]> fc9940a068e2f83a8b427c7eaf60b6b1 eyes2thesky replied to the topic Bowen Basin QLD Mining Towns - Opinion on offer in the forum Help Needed! https://www.propertyinvesting.com/topic/4391824-bowen-basin-qld-mining-towns-opinion-on-offer/page/7/#post-4579742 Tue, 02 Sep 2008 06:14:15 +0000 BuilderBob wrote:

melhart wrote:
Hey guys,I've actually been eyeing off Moranbah for awhile now. We used to live in Mackay so we had a good idea of what went on out there (company's leasing houses for miners) and the higher rate of rent charged.I've found this thread very interesting – thankyou to all who have contributed. And it has fired up…[Read more]

]]> 9abafd2a7afefa5c78c954bde32e47e2 eyes2thesky replied to the topic Bowen Basin QLD Mining Towns - Opinion on offer in the forum Help Needed! https://www.propertyinvesting.com/topic/4391824-bowen-basin-qld-mining-towns-opinion-on-offer/page/6/#post-4579736 Fri, 29 Aug 2008 03:56:46 +0000 Hey guys,I've actually been eyeing off Moranbah for awhile now. We used to live in Mackay so we had a good idea of what went on out there (company's leasing houses for miners) and the higher rate of rent charged.I've found this thread very interesting – thankyou to all who have contributed. And it has fired up this Moranbah IP idea again. So i've…[Read more]

]]> 8474948378a43883430ab4ea41709ddc eyes2thesky replied to the topic paying off ppor in the forum The ATO will look where https://www.propertyinvesting.com/topic/4393917-paying-off-ppor/#post-4591331 Fri, 01 Aug 2008 07:14:54 +0000 The ATO will look where your refinanced borrowings have gone. If the additional borrwoed funds are used for private purposes – non-deductible. They don't consider what the security of the loan is but what the borrowings has been used for.

]]> 38a2b2b69bd73d5e5065e4d16d3ce9da eyes2thesky replied to the topic cgt & gst on the sale of developed block in the forum Value Adding https://www.propertyinvesting.com/topic/4393861-cgt-gst-on-the-sale-of-developed-block/#post-4591036 Mon, 28 Jul 2008 03:28:28 +0000 Hey Ambers,Well, as your original purchase was for residential only, it's likely it was an input-taxed purchase – which means no GST.However if you sell a portion with a new dwelling on it, it converts it to a taxable supply (the sale transaction only) – GST applicable. So your sale price would include GST. i.e. if you sold it for $550,000, then…[Read more]

]]> 8108188a421ee756c2a9ac0f4a85cf12 eyes2thesky replied to the topic cgt & gst on the sale of developed block in the forum Value Adding https://www.propertyinvesting.com/topic/4393861-cgt-gst-on-the-sale-of-developed-block/#post-4591034 Sun, 27 Jul 2008 04:44:41 +0000 Hi Ambers,This is a complicated area! I would suggest seeking professional advice from your accountant or finding one who specialises in this area. From my own private research I have discovered that yes, the sale of residential properties are input taxed (not subject to GST), however the sale of a *new* residential property is a taxable supply (a…[Read more]

]]> 63286052a33747c4b4c30ca94451910e eyes2thesky replied to the topic Renting a home from yourself in the forum Help Needed! https://www.propertyinvesting.com/topic/4393856-renting-a-home-from-yourself/#post-4591022 Sun, 27 Jul 2008 03:20:52 +0000 Womma wrote:
As I understand it, you can do as you say with the biggest disadvantage being that you can not get the capital gain deduction if you sell the place through the trust. 

Trusts are entitled to the CGT 50% discount (from holding asset for 12 months or more) just the same as individuals. It's only companies not entitled to d…[Read more]

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