PropertyInvesting.com | PeppersGhost | Activity https://www.propertyinvesting.com/members/peppersghost/activity/ Activity feed for PeppersGhost. Sat, 18 Apr 2026 10:05:05 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 27e625d9e88231e495867c3709276142 PeppersGhost replied to the topic Upgrading a PPOR using Equity in the forum Help Needed! https://www.propertyinvesting.com/topic/4398886-upgrading-a-ppor-using-equity/#post-4617762 Wed, 24 Feb 2010 09:23:05 +0000 Thanks Duckster – I was hoping to get a response back that said “that advice is b*llocks”… no such luck. :(

I personally reckon that tax ruling is absurd… If I had paid money into an offset account – rather than reducing the debt, I could have left a large debt on the original property without any problem – and then used the interest as a tax…[Read more]

]]> 5ec9650fa8646a45ab355f18718f48d6 PeppersGhost replied to the topic This can't be that hard... can it..? in the forum Help Needed! https://www.propertyinvesting.com/topic/4398796-this-cant-be-that-hard-can-it/page/2/#post-4617289 Tue, 23 Feb 2010 02:33:45 +0000 Great stuff

So if I allocate a PPOR, but rent elsewhere and don’t actually live in it, can I then rent out the PPOR to a tenant, and still effectively use it as an investment property?

Cheers

]]> 83317222d6628656bd6a70453f71e8d5 PeppersGhost replied to the topic This can't be that hard... can it..? in the forum Help Needed! https://www.propertyinvesting.com/topic/4398796-this-cant-be-that-hard-can-it/page/2/#post-4617286 Tue, 23 Feb 2010 01:33:52 +0000 Okay – so the reason why no CGT is paid, is because the properties are NEVER sold.. now I get it, makes sense I suppose – use the capital growth to borrow more against, rather than accessing the direct financial value by selling.

Thanks SHales.

]]> 4dca49ba4ec6fbc578861b030603a2df PeppersGhost replied to the topic This can't be that hard... can it..? in the forum Thanks for all your help.. https://www.propertyinvesting.com/topic/4398796-this-cant-be-that-hard-can-it/page/2/#post-4617284 Tue, 23 Feb 2010 01:10:38 +0000 Thanks for all your help.. again..

The ‘advice’ I got, was that as long as I lived in it for 6 months, it will be CGT exempt for 6 years… REGARDLESS of where I then go and live (as my PPOR or other).
What you are all suggesting though is, I can only claim CGT exemption whilst the property is my PPOR. I can only have one of these at a time…
In…[Read more]

]]> fd2c6ffd7444a3dc7ba495709f27cf70 PeppersGhost replied to the topic This can't be that hard... can it..? in the forum Help Needed! https://www.propertyinvesting.com/topic/4398796-this-cant-be-that-hard-can-it/page/2/#post-4617276 Mon, 22 Feb 2010 04:19:47 +0000 Congrats too! Kids are great… apart from that first week out of the hospital… scary as hell. That week for me was like the opening scene of Saving Private Ryan… be warned :)

So back to CGT…

I buy a property on Jul 1st 2010
I move in July 2nd, 2010
I live in it for 6 months, then move out on Jan 3rd, 2011.

I sell the property on June 30th,…[Read more]

]]> 2910998a0229a89619c1b3ca4e4e755c PeppersGhost replied to the topic This can't be that hard... can it..? in the forum Thanks again. The 650K house https://www.propertyinvesting.com/topic/4398796-this-cant-be-that-hard-can-it/page/2/#post-4617272 Mon, 22 Feb 2010 00:21:07 +0000 Thanks again.

The 650K house has been a PPOR for 3 years now – but we need more space.. hence the consideration of moving out. I can’t swing a small baby in here… (my wife wouldn’t let me anyway)

I’ve always seen rent as “why pay off someone else’s mortgage”.. so never really thought about it as an option, There are a number of ‘old wife’s…[Read more]

]]> 2478892a63a838353ea3353e15809f25 PeppersGhost replied to the topic This can't be that hard... can it..? in the forum Help Needed! https://www.propertyinvesting.com/topic/4398796-this-cant-be-that-hard-can-it/#post-4617269 Sun, 21 Feb 2010 15:53:12 +0000 Okay – completely understand, multiple lower properties are the go… thanks for the tip.

Still wouldn’t mind some clarity on the underlying quesiton though.

Assume instead of the $1m house, I have 3, worth $350k each, all rented at 350 per week.

Best to rent another place, or use the $650k house as a PPOR?

Cheers everyone.

]]> d8d654f2aa78f3ccef384ce18b6f3b24 PeppersGhost replied to the topic This can't be that hard... can it..? in the forum Help Needed! https://www.propertyinvesting.com/topic/4398796-this-cant-be-that-hard-can-it/#post-4617264 Sun, 21 Feb 2010 10:31:07 +0000 A hypothetical situation only… I was using it to work out a few things, if that is an important factor – what about if the house could be rented at $1000 per week.

Cheers

Steve

]]> 0d3df9b2d91bd66367396f5c66e91186 PeppersGhost replied to the topic This can't be that hard... can it..? in the forum Help Needed! https://www.propertyinvesting.com/topic/4398796-this-cant-be-that-hard-can-it/#post-4617262 Sun, 21 Feb 2010 07:07:48 +0000 My Super is atrocious, if had to live on that I’d be considering selling a kidney on Ebay.

Okay – this HAS TO BE mathematical – I would appreciate help in working this out.

What is the best financial return out of the following two scenarios:

Facts:
I (hypothetically) own two houses.
HOUSE 1 – worth 650k, can be rented out at $450 per…[Read more]

]]> e41e0dde4d1eacb26223c628b3f15b64 PeppersGhost replied to the topic This can't be that hard... can it..? in the forum Help Needed! https://www.propertyinvesting.com/topic/4398796-this-cant-be-that-hard-can-it/#post-4617259 Fri, 19 Feb 2010 03:11:26 +0000 Wow – what I thought would promote a few short responses has provided an overwhelming amount of info. So firstly – a heartfelt thanks to all of you who have taken the time to put finger to key and provide feedback.

Key points that you have helped me with:
1. Stop ‘faffing about’ (English term for ‘analysis paralysis’) – get stuck in, it will only…[Read more]

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