https://www.propertyinvesting.com/members/pi101/activity/ Activity feed for PI101. Fri, 17 Apr 2026 09:21:21 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 bdb8487f26ba420ee6f25ed8101deaf2 https://www.propertyinvesting.com/topic/4397993-working-out-taxable-amount-for-cgt/#post-4612471 Fri, 04 Dec 2009 07:21:29 +0000 iF you had the town houses for 12months ( and I am pretty sure its from the time of construction not completion) then you should get a 50% break from your CGT – making it $20 000 – paying your nominal rate of tax on that amount .I would say the way you worked it out is correct – the cost of the whole project / no of Townhouses

]]> 6e3fd49fe416991dbfd11fa7e4b4a9d4 https://www.propertyinvesting.com/topic/4397973-cgt-help/#post-4612392 Thu, 03 Dec 2009 06:51:58 +0000 CGT is not your enemy here GST is – if you pay CGT you made a profit ! Hold onto the land for 12 months and get your 50% discount .I dont know what sort of money you are talking about and what are the costs of subdividing ?In my council – buy a big block for $300 + stamp duty of about $10 – sub div cost $70 legals and such $5  total spent…[Read more]

]]> d8858deb0af461299af3257add128d72 https://www.propertyinvesting.com/topic/4397942-starting-out-what-way-to-go/#post-4612053 Thu, 03 Dec 2009 06:38:01 +0000 My first ( and last ) thought is why sell?? You can still use the capital made without selling – keep them they could be CF neutral in 4 years! 

]]> 449cb64c8f1143c7273d79660e18ca1b https://www.propertyinvesting.com/topic/4397941-hello-hello-2/#post-4612038 Wed, 02 Dec 2009 00:47:51 +0000 Thanks – I did jump I know its good – its a good deal and I know if I have to pull out in 12 – 18 months time I can with profit but I really want to keep properties – I just need them to be Cf = neutral I might not get there for a few years but working on it !

]]> 2d9418b15524b539f8c1512c1a51e048 https://www.propertyinvesting.com/topic/4397965-selling-sub-divided-block-within-12-months-of-fhog/#post-4612341 Wed, 02 Dec 2009 00:43:01 +0000 By the time the block is split will it be close to 12 months ? Why not wait it out and not take the risk – put the DA in and I think you have 4 years to execute it – do so on selling the block and pay the fees on settlement.Assuming that cost is driving you to sell before 12 months is up that could be an option.4 years is my councils rule but you…[Read more]

]]> e01df38593bfe75f871daa04c0729d14 https://www.propertyinvesting.com/topic/4397965-selling-sub-divided-block-within-12-months-of-fhog/#post-4612338 Tue, 01 Dec 2009 12:46:20 +0000 HI Darren from the first home grants site http://www.firsthomegrants.com.au/Requirements:•    You must be an Australian citizen or permanent resident •    Have never owned property in this country•    You must have lived in Australia for at least six months;•    You must be over 18-years old•    You must be buying or building your first prop…[Read more]

]]> 191827a01d076a87ec778bf782fae545 https://www.propertyinvesting.com/topic/4397910-family-trust-query/#post-4611925 Sun, 29 Nov 2009 11:37:01 +0000 From what I understand from my Solicitor – Trusts can be set up in so many ways – with very specific rules that suit you – but at the end of the day the ATo rules apply – so yes I believe that you will be up for Stamp duty. You really need to speak to someone who sets them up for property protection for a living – set it up wrong and it might cost…[Read more]

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