Qlds007 wrote:
Johann – If the property is owned by a Company you wont get concessional treatment with regards to the Capital Gain Tax.In some States this will also go for the Land Tax and Stamp Duty.You maybe able to access the equity and then use this as your deposit and go again.

Your right about thats i have alot of equity the property i…[Read more]

Qlds007 wrote:
CatJust be careful about transferring the property from your name to her name especially if you do it at less than market value. The OSR audit property sales to ensure they are not to related parties and if they are at a lower than market price she will not qualify for the FHOG. Johann – Which State are you in. If you are buying…[Read more]

Hmm that is an intresting point!!!but in this current econmy wouldnt you rather have no debt etc?

Scott No Mates wrote:
Westfield but they don't sell anything. Grollo's, Lend Lease, Mirvac, Central Equity (if they are still around). Which market sector are you talking about?

More new estates where they have sales reps in esates like caroline springs,tarniet etc

Scott No Mates wrote:
As you already have a background in sales & marketing, do the introductory real estate sales course (to enable you to work in the industry as a sales person). Speak to a few agents (both principals and sales people) – do it on a quiet day in their offices ie not Frid/Sat at an open house.There are numerous openings due to…[Read more]

I have been advised that the reservice has shifted it up by .25% GO KEVIN RUDD LOLI agree the banks are a business and will raise it more then what the reserve bank has

Is it true if your property is set up as a company and you decide to sell the property and make a profit what % amount will you have to pay for CGT.Also if you wanted to transfer your company to some ones name you will have to pay stamp duty on the house again is this also true?

johann_psaila@hotmail.comJohann

What ever you decide to do im sure their would be a positive out come. I agree with you in a sense if u are looking near Dynon rd you really cant go wrong i guess its only 5 mins away from the city and its about 10 mins away from major shopping centers.Congrats on the property in Seddon nice area that will continue to grow i think.im looking for a…[Read more]

Hi Kris,Ive been looking to purhcase a second IP as well. Are you talking about the apartments on Ballart rd in footscray?If so be very cautious becasue in areas like footscray flemington and highpoint etc there are heaps of apartments being developed.  Im just wondering would there be a demand to meet the supply?Its like the docklands area so m…[Read more]

Hi Bronte,Please contact me on 0404241188 or 9272-9201,I will be able to povide you details of a good accountant thay may not require you to travel he is also located in a rural partof Victoria.I will provide his details over the phonebest regardsJohann Psaila

Hi,Thanks for the link i will have a think about thischeers 

duckster wrote:
You could go to property investor meetings or get a video of these meetings in Vic.see belowtroynbec run them I have been to a couple of them MEETING DETAILS6.30 onwards for 7.00pm – 10.00pm (please make sure you are seated by 7.00pm sharp)Tuesday 12th of JuneNew Hope Ba…[Read more]

holdandrefinance Hi thanks for your commenthave you got the link? i cant find the link to binding ruling 69725?so in your opinion say if i were to purhcase a block of land for 150k or a house for 250K should i borrow the whole amount?got any areas in melbourne to look at while queensland would be so bad either i guess.

d_robb21Thanks for your advice & encouragement much appreciated.i can give u a quick outline.I currently live with my parents they have been really good to me as they dont charge me rent or anythnig like that as long as my money is put in to good use they have no problem.Over the course of the weekend i will do some calcuations on if i were to…[Read more]

Hi I acutally am doing some research in melbourne on land are you able to assist for melbourne areas?cheers

Hi Hucth,Thanks for yoyur prompt repsonse i will most likly consider that path in the future at the moment the house is being rented out and im getting a good return on it. When the house gets a bit more older i will demolish the house and build.It seems like every one is suggesting a IP rather then a block or land very intresting to see what…[Read more]

La Aussie, How are you?The only debt I have is my house loan and that’s it. I might put 8k on my loan and keep the rest for future investment my loan only lets me put an extra 10 k a year on top of my normal repayments.  In terms off future investments im not sure which direction to move too?????? 

<a href="/user/handy-andy" title="cssbody=[bo_user_body1] cssheader=[bo_user_hdr1] header=[<div class="boxoveru_header">Handy Andy</div>] body=[<div class="boxoveru_body"><a href="/user/handy-andy">View Public Profile</a><a href="/search?edituid=51114">View all posts by this user</a><“>Handy Andy  Thanks for your reply I will keep it in…[Read more]

Hi Mortgage hunter, Thanks for your reply, well im only 23 so im in a prime position. As for IP goals I am aiming to have three investments under my belt before im 30. 1 property to eventually live in (I currently live with parents), one to rent out and to reduce my tax and one more to also rent out and once it has enough capital behind it use…[Read more]

Hi Bennido,Thanks for your input. The only issue i have in mind is that most houses look a like which makes it even more competitive to sell in a later stage. Areas like caroline springs atm have alot of supply in terms of houses and the demand for these areas have been a bit quiet.  What area are you leaving in atm if you dont mind me…[Read more]