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  • Profile photo of MonikaMonika
    Member
    @monika
    Join Date: 2003
    Post Count: 6

    Hi Glauco,

    Even though i am not an accountant, i have the same issue in Sydney. I have 2 blocks of land next to each other with my business running from it. It is dual zoned.
    As far as I know, it is up to the solicitor who is preparing the contract for the vendor to state if the property is GST liable or not.
    But it doesnt really matter anyway, because you’ll get it all back.
    But you should question the vendors solicitor.

    Sorry cant help you anymore
    Good Luck[:)]

    Profile photo of MonikaMonika
    Member
    @monika
    Join Date: 2003
    Post Count: 6

    Thank you all for your answers, i did notice it was another question posted in one of the other forums regarding the same topic.
    Well, anyhow, im glad that im not the only one.

    Take care [:I]

    Profile photo of MonikaMonika
    Member
    @monika
    Join Date: 2003
    Post Count: 6

    Hi S.I.S.

    Thanks for reminding me, why i left Sydney.
    Beautiful one day, perfect the next.
    Love Qld.
    Even though its so slowwwwwwwwwwwwwwwwwww
    lol[8D]

    Profile photo of MonikaMonika
    Member
    @monika
    Join Date: 2003
    Post Count: 6

    Hi all,

    Reading all your different opinions about books and seminars, only one thing comes to my mind.
    My ex-husband, who never had a job, claiming that he is too busy studying, went to every seminar, boght every book there is. Costing thousands and thousands of dollars (He was into shares). Still managed to loose everything every single time. He’s record was loosing 275,000 in one day.

    So I think, you can spend everything you have on study tools, but if you dont have what it takes,than it doesnt matter.

    Still, everybody does what they think is right for them, for him it was just anoter week away for a “seminar”

    take care[:0)]

    Profile photo of MonikaMonika
    Member
    @monika
    Join Date: 2003
    Post Count: 6

    quote:


    Hi Monika,

    I much prefer to use a principle interest loan, i rather pay the loan down, but at the same time, be one day able to own the property rather that just have payed interest, though if you are just doing a buy and hold, then quick sell. Then interest only maybe a better choice.

    Though a prinicple interest loan, your repayments are much higher than an interest only loan. Its a decision you have to make yourself in the end.

    cheers
    s.i.s

    Save on a regular basis
    “People forget that by saving just $3 per day and investing it sensibly over a working life, you’ll end up with around $1 million.”


    Profile photo of MonikaMonika
    Member
    @monika
    Join Date: 2003
    Post Count: 6

    Hi everyone,

    Just moved from Sydney 2 months ago to the Gold Coast, and loving it.
    So i guess i know sydney much better than the local area.
    Still have a business running near Hurstville, sydnye south west

    Cheers
    Monika[:D]

Viewing 6 posts - 1 through 6 (of 6 total)