PropertyInvesting.com | papajoe | Activity https://www.propertyinvesting.com/members/papajoe/activity/ Activity feed for papajoe. Fri, 17 Apr 2026 11:27:42 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 76eb58fd359fb61fa9f9318c0971587c papajoe replied to the topic Private Sale - Investment Property QLD in the forum General Property https://www.propertyinvesting.com/topic/4368961-private-sale-investment-property-qld/#post-4435902 Fri, 31 Oct 2003 23:02:46 +0000 Dave

beware of realestate agents bearing large gifts.
Ask agents to pre-qualify your buyers finance

have a good trip

]]> 98e7b837bbfd95ea8744d55aa61ff0e0 papajoe replied to the topic capital gains and depreciation in the forum General Property https://www.propertyinvesting.com/topic/4369161-capital-gains-and-depreciation/#post-4437528 Fri, 31 Oct 2003 22:45:19 +0000 Alf

my wife and I bought a house Dec 2002 and sold June 2003.
Profit $32k was split across both our incomes and tax paid at our nominal rate of tax.
If we had sold after owning the property for 12 months, then our accountant said that 50% or $16k of profit would have been tax free and the other $16K would have attracted capital gains…[Read more]

]]> 61aff4c559d842b54e080220c652b155 papajoe replied to the topic NEW IN THE GAME in the forum Hotch Potch https://www.propertyinvesting.com/topic/4367979-new-in-the-game/#post-4428986 Sat, 04 Oct 2003 14:37:29 +0000 We have just been thru the consultation process with our accountant and she has advised us to set up a family trust if we get into positively geared property.

But only because of our current 5 year strategy. Seek professional advice as this can vary with circumstance and intent.

Professional advice can cost you a little and save you a lot. Doing…[Read more]

]]> b66e49da3e356b9805714b5767fcbb81 papajoe replied to the topic Newbie?? in the forum Opinionated! https://www.propertyinvesting.com/topic/4367984-newbie-4/#post-4429024 Sat, 04 Oct 2003 14:30:42 +0000 Thaks Japanscott

I was wondering the same thing.

Now I am enlightened

Papajoe

]]> 1704d1fd237563b568298a8cbd62c9e6 papajoe replied to the topic Buying in the forum Hotch Potch https://www.propertyinvesting.com/topic/4368474-buying/#post-4432196 Sat, 04 Oct 2003 14:15:50 +0000 Hi enduser

A “dutch auction” is a common strategy with real estates and some private sellers. The anxiety created at the thought of someone outbidding you can often lead to hasty decisions and paying too much for a property.

They can list a property for whatever they want but a property is only worth what you are prepared to pay for it.

My wife…[Read more]

]]> 2e774cbc9c12d778b3236707e46bd806 papajoe replied to the topic 11 sec rule is OLD lowball rule in the forum Opinionated! https://www.propertyinvesting.com/topic/4368411-11-sec-rule-is-old-lowball-rule/#post-4431705 Sat, 04 Oct 2003 12:57:00 +0000 Good deals are available in the market. My wife and I have been looking at what’s happening and where since last year and about 3 weeks ago found one that read like this.

Sunnybank in Brisbane. Asking $430,000 with rent just short of $1,000 per week.
We are not in a position to buy but would have gone for it if we were. Sold within 48 hours of…[Read more]

]]> 1f3df9491f410083c18031c12629f946 papajoe replied to the topic FHOG in the forum Hotch Potch https://www.propertyinvesting.com/topic/4368428-fhog-3/#post-4431771 Sat, 04 Oct 2003 05:19:51 +0000 Hi guys

an extract from the NSW Department of State Revenue.

Please consider your options very carefully as any profit you think you are making can easily be eroded with the stroke of a pen.

Penalties
Q: What are the penalties for providing false or misleading information?
There are substantial penalties for making false or misleading…[Read more]

]]> d462260cb329d909546d54d3be2d92c8 papajoe replied to the topic FHOG in the forum Hotch Potch https://www.propertyinvesting.com/topic/4368428-fhog-3/#post-4431766 Sat, 04 Oct 2003 04:10:22 +0000 The Australian Government has a site dedicated to information on FHOG. A search on Google.com.au will bring you to the site. The official stand is that you must live in it for 12 months before you can flick it on to investment. If you rent up front then you will be required to pay back FHOG and donate a substantial penalty. One possibility is that…[Read more]

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