PropertyInvesting.com | momotalo | Activity

momotalo replied to the topic Investing in Carlton Melbourne Victoria in the forum General Property

Tue, 24 Apr 2012 13:26:22 +0000

Maybe take a look at North Melbourne.Good central location. reasonable rental. In my opinion under valued at the moment.And might have good future growth with the new Melbourne city Council Arden Macaulay Structure plan to boost the density.http://www.melbourne.vic.gov.au/getinvolved/StructurePlans/ArdenMacaulay/Pages/ArdenMacaulayStructurePlan.aspx

momotalo replied to the topic WHAT IS THE MINIMUM LEGAL ACCEPTABLE CONDITION OF HOUSES in the forum Creative Investing

Tue, 24 Apr 2012 13:14:46 +0000

occupancy certificate can be issued by Building Surveyor. There are Building Surveyor in Local council, or you can find your private Building Surveyor as well. Building Surveyor will check the building/house against Building Code Australia (BCA), and relevant sections in Australian Standard . If all satisfied, they will then issue you the…[Read more]

momotalo replied to the topic How many townhouses can I build in the forum Depends on a lot of things.-

Tue, 24 Apr 2012 13:09:06 +0000

Depends on a lot of things.- natural condition of the block, size, orientation, proportion, fall, vegetation, easement, …..- planning & legal : zoning, consent, covenant….- surrounding context: neighbor's building height and density- and what you want to build/ or what the market is looking for in this location, the average land for a…[Read more]

momotalo replied to the topic Capital gains tax implecations investement property in the forum Help Needed!

Tue, 24 Apr 2012 12:32:25 +0000

If your current income is pretty reasonable, and you think you are paying too much to ATO. You can buy a negative gearing investment property to lower your current annual income. Then when you sale, it becomes a problem. Cos that's when the Capital gain comes into the game. If your other income in the taxation year is still high, you will s…[Read more]