GP_investor replied to the topic Investing Interstate – Exaggerated Stamp duty ?? in the forum Help Needed! 13 years, 8 months ago
Thank you all for your valuable insights.LH, would you then say that investing interstate can help you keep a check on the land tax costs.
GP_investor replied to the topic Where can I find more information on major projects/infrastructure that are/will be opening up in Australia? in the forum Help Needed! 13 years, 11 months ago
Thanks for your comments "Scott no mates" and "Matt007". My comments were in regards to a statement in BRW which said that there were 81 resources project – Mining projects, Coal mining, Gas plants et al – approved in 2010 and 143 more in the pipeline. Following that comment I looked up on Dept of Infrastructure however it didnt state any priva…[Read more]
GP_investor replied to the topic Stampduty on IP in the forum Help Needed! 13 years, 11 months ago
Hi Tumu,The Stamp duty for IP is marginally more than PPORs.
GP_investor replied to the topic Can I get a 2nd property without enough equity? in the forum Help Needed! 13 years, 11 months ago
Hi Jlia,I am a newbie in this area as well and I must say I ended up using a bit of equity from my PPOR and savings to generate the deposit for my 2nd property.I am in the same boat as you now, as I dont have enough funds to go for the next property.Are there are any other ways to generate deposits ?Thanks in anticipation.