PropertyInvesting.com | jessylou78 | Activity

jessylou78 replied to the topic Buying land for investment in the forum General Property

Wed, 28 May 2008 05:18:10 +0000

I'm no expert but im my experience you will need to pay council rates, depending on what services the land has, ie sewer, town water etc…if it isn't a huge block and it has neighbours you will need to have the grass cut- you may have to anyway as long grass is a fire hazard.My inclination would be to build on it if it is in a reaso…[Read more]

jessylou78 replied to the topic Pay off debt or invest in property in the forum I'd definitely pay your

Tue, 27 May 2008 05:32:42 +0000

I'd definitely pay your Ccards first.

jessylou78 replied to the topic Capital Gainns? in the forum Help Needed!

Mon, 26 May 2008 07:10:10 +0000

if it is your only property, then you won't have to pay CGT. If you own other properties at the same time you may have to. There is a questionaire on the ATO website that might be helpful to have a look at.

jessylou78 replied to the topic Investing in Tassy in the forum Help Needed!

Sat, 24 May 2008 11:24:05 +0000

Thanks, good thinking about Lauderdale… I've been looking at kingston too, we're building our home in Kettering as we speak and will likely rent that out for a couple of years first to get the mortgage down, but I'd like to get a cheap investment property too. How've the tenents been in Kingston?

jessylou78 replied to the topic HOW LONG SHOULD I WAIT UNTIL I GET MY NEXT PROPERTY? BEFORE TAX TIME 08? in the forum Help Needed!

Sat, 24 May 2008 09:05:52 +0000

Have you thought about building on your land? Rather than forking out for a new property it might make better sense to get some rental income off your land.