PropertyInvesting.com | Gateway | Activity https://www.propertyinvesting.com/members/gateway/activity/ Activity feed for Gateway. Wed, 29 Apr 2026 13:29:57 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 583b20a980c067759deb7f19d5c6b5dd Gateway replied to the topic How to sell a unique 4,300mtr house/land in Liverpool/Moorebank in the forum Help Needed! https://www.propertyinvesting.com/topic/4989778-how-to-sell-a-unique-4300mtr-houseland-in-liverpoolmoorebank/#post-4989783 Sat, 26 Apr 2014 06:33:21 +0000 Hi Benny
You may be over estimating the price of this place.
I’ve just now been offered 1.5m for this place from some one who wants fast settlement. Thats actually more than I was going to ask, so I guess I’ll take it.
Gateway
 

]]> 75ab724abb9ceba0bc614cb7d1eaddf8 Gateway started the topic How to sell a unique 4,300mtr house/land in Liverpool/Moorebank in the forum Help Needed! https://www.propertyinvesting.com/topic/4989778-how-to-sell-a-unique-4300mtr-houseland-in-liverpoolmoorebank/ Sat, 26 Apr 2014 03:44:59 +0000 I am seeking advice from the members here. I have a 4,300mtr property in the Liverpool/Moorebank area. It is the last of the original subdivided blocks from the 1920’s so the valuer is not able to take more than an “educated guess” with the caveat that even that could be wrong as the place is the last uncut block, has 2 street fronts, zoned med…[Read more]

]]> 8d1d6e712fab9630e66693088455b330 Gateway replied to the topic Mother retireing this year with property she wants to biuld townhouses/villas on. Looking at a structure to hold assets in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4404525-mother-retireing-this-year-with-property-she-wants-to-biuld-townhousesvillas-on-looking-at-a-structure-to-hold-assets/page/2/#post-4654449 Thu, 15 Sep 2011 12:37:53 +0000 colinnewland wrote:
Speakto a finance broker who specialises in 'commercial' property development. There are waysto get around the lack of future income (other than the property income itself).Depending on the equity held in property, she should qualify for a development loan as they banks will do a valuation on the end value.Another way to deal…[Read more]

]]> 4c1789c93bdc8f841acb3db8e7c3b6a8 Gateway replied to the topic Mother retireing this year with property she wants to biuld townhouses/villas on. Looking at a structure to hold assets in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4404525-mother-retireing-this-year-with-property-she-wants-to-biuld-townhousesvillas-on-looking-at-a-structure-to-hold-assets/#post-4654447 Sat, 03 Sep 2011 01:03:20 +0000 Hi TerryW I would certainly appreciate that chat.This has been a continual learning pathMy curretn thoughts are now (my thoughts seem to change by the day now that I have discover these forums).after participating in this thread and reading alot of others, I am leaning towards a Testimentary Trust as there will be no need to spend thousands on…[Read more]

]]> 9ac345446b49917c17ec6f858c360308 Gateway replied to the topic Mother retireing this year with property she wants to biuld townhouses/villas on. Looking at a structure to hold assets in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4404525-mother-retireing-this-year-with-property-she-wants-to-biuld-townhousesvillas-on-looking-at-a-structure-to-hold-assets/#post-4654445 Fri, 02 Sep 2011 02:25:19 +0000 Hi Terry WJust contacted my accountant and we will meet later this month.The accountant knows about trusts and companys and suggested a modification to your suggestion (it was just a quick phone call so maybe I got it wrong).The suggestion was ,,a UT with a company trustee and a DT with a company trustee. with the DT owning the UT (basically this…[Read more]

]]> a69618ea5d45fc239e49cca18c901bfb Gateway replied to the topic Mother retireing this year with property she wants to biuld townhouses/villas on. Looking at a structure to hold assets in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4404525-mother-retireing-this-year-with-property-she-wants-to-biuld-townhousesvillas-on-looking-at-a-structure-to-hold-assets/#post-4654443 Thu, 01 Sep 2011 04:52:47 +0000 Thanks TerryWSo, my summary understanding of this thread is that.Trusts are good……but having a Pty Ltd Co as a trustee does not offer any protection for an average person that that person being the trustee; as a tenant can still sue the PTY LTD Co as easily a the average working person.The trust itself offers protection only if the average…[Read more]

]]> a9ad13da84de545571311c2cb69f53c7 Gateway replied to the topic Mother retireing this year with property she wants to biuld townhouses/villas on. Looking at a structure to hold assets in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4404525-mother-retireing-this-year-with-property-she-wants-to-biuld-townhousesvillas-on-looking-at-a-structure-to-hold-assets/#post-4654441 Thu, 01 Sep 2011 03:18:05 +0000 Hi TerryWI am in the St George area.Paul

]]> f30cd3c0b91bb191211c3dad9de4e1a9 Gateway replied to the topic Mother retireing this year with property she wants to biuld townhouses/villas on. Looking at a structure to hold assets in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4404525-mother-retireing-this-year-with-property-she-wants-to-biuld-townhousesvillas-on-looking-at-a-structure-to-hold-assets/#post-4654439 Thu, 01 Sep 2011 00:39:25 +0000 ok TerryWTime to see someone about this.Can you make a recommendation?Paul

]]> 5905b19da959ff8aba24f40fad450ffe Gateway replied to the topic Mother retireing this year with property she wants to biuld townhouses/villas on. Looking at a structure to hold assets in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4404525-mother-retireing-this-year-with-property-she-wants-to-biuld-townhousesvillas-on-looking-at-a-structure-to-hold-assets/#post-4654436 Tue, 30 Aug 2011 03:07:44 +0000 Terryw wrote:
Hi PaulYes, the properties would need to be transferred to the trustee of the trust. Stamp duty and CGT would be payable at market rates.If the trust needs to get a loan to buy the properties then the lenders will require personal guarantees from all trustees and/or directors of the trustee company (and maybe shareholders if these…[Read more]

]]> 5d7fff5483509d82da1a354c79e4e03e Gateway replied to the topic Mother retireing this year with property she wants to biuld townhouses/villas on. Looking at a structure to hold assets in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4404525-mother-retireing-this-year-with-property-she-wants-to-biuld-townhousesvillas-on-looking-at-a-structure-to-hold-assets/#post-4654434 Mon, 29 Aug 2011 02:21:56 +0000 Terryw wrote:

Gateway wrote:
TerryWThanks for taking  the time to answer this post.  If it ok can I ask you a couple of questions about your suggested framework.1.  How will the discretionary trust minimise tax for my mother? I don't really understand this.2.  She will have to pay to tranfer the property, so best to do this before dev…[Read more]

]]> e7ce584d93f6147ac1ec109ef0b9d2fb Gateway replied to the topic Mother retireing this year with property she wants to biuld townhouses/villas on. Looking at a structure to hold assets in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4404525-mother-retireing-this-year-with-property-she-wants-to-biuld-townhousesvillas-on-looking-at-a-structure-to-hold-assets/#post-4654432 Sun, 28 Aug 2011 21:11:53 +0000 TerryWThanks for taking  the time to answer this post.  If it ok can I ask you a couple of questions about your suggested framework.1.  How will the discretionary trust minimise tax for my mother? I don't really understand this.2.  She will have to pay to tranfer the property, so best to do this before development starts,,,,but can you tell me how…[Read more]

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