PropertyInvesting.com | pigs fly | Activity https://www.propertyinvesting.com/members/pigs-fly/activity/ Activity feed for pigs fly. Sun, 12 Apr 2026 21:16:27 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 fdb45b660462d58f466fb338bd3c7a1c pigs fly replied to the topic What is reasonable advertisng cost when selling??? in the forum Help Needed! https://www.propertyinvesting.com/topic/4387470-what-is-reasonable-advertisng-cost-when-selling/#post-4557745 Mon, 04 Dec 2006 01:50:03 +0000 I do not see any justification to charge a commission and advertising expenses. Agents are working for them selves! If they are paid a commission-then advertising is a part of their operating costs or it should come out of the commission when the property is sold. Especially if you are locked up with an exclusive listing that guarantees them a…[Read more]

]]> 442db380999bbeb4849ef5532bffa217 pigs fly replied to the topic buyer pulling out of contract in the forum Help Needed! https://www.propertyinvesting.com/topic/4386848-buyer-pulling-out-of-contract/#post-4554919 Sun, 24 Sep 2006 02:35:09 +0000 I just thought I would confirm Colin’s statement about kissing the next two year off if you sue.

I sued National Builders Group through VCAT over a building contract dispute.

http://www.austlii.edu.au/au/cases/vic/VCAT/2006/1309.html

They are now attempting to appeal this decision. So I’m expecting it will take an extra year or two?

]]> 8991f60d89b5ec8e7f42c2e8f7339c4e pigs fly replied to the topic buyer pulling out of contract in the forum Help Needed! https://www.propertyinvesting.com/topic/4386848-buyer-pulling-out-of-contract/#post-4554918 Sun, 24 Sep 2006 02:22:01 +0000 Very interesting- I purchased a commercial property with no out clauses. I had all finance approved, however the vendor wanted the sale to fall over because he had been offered an extra $50k. I ran very close to not meeting the deadline due to the bank dragging the chain.

I asked for an extra day or two for the bank to transfer the funds-the…[Read more]

]]> a0f04527d998757528e0a1c917c52e6d pigs fly replied to the topic Commercial property question in the forum Help Needed! https://www.propertyinvesting.com/topic/4381134-commercial-property-question-2/#post-4522620 Wed, 16 Aug 2006 05:04:45 +0000 Originally posted by igrapleu:
To continue on about a commercial property, when you purchase, how much (%) stampduty is payable?
Cheer
Ben

The stamp duty is scaled-however in qld on $500,000 it is $16000 approx.

]]> cbc19a5e3e7ff87347253d0d3c56d60a pigs fly replied to the topic Commercial property question in the forum Help Needed! https://www.propertyinvesting.com/topic/4381134-commercial-property-question-2/#post-4522619 Wed, 16 Aug 2006 05:00:24 +0000 Originally posted by harpeau:
Thanks for the replies
answers are a little confusing though

can someone tell me, if i purchase a commercial property and tennants are in place, do I have a GST liability to pay on top of the purchase price for the property? (not talking about paying GST on the rent)

thanks
harp

]]> af0e8eb4f0afdfc8f08c0d859ed9fe7c pigs fly replied to the topic Commercial property question in the forum Help Needed! https://www.propertyinvesting.com/topic/4381134-commercial-property-question-2/#post-4522618 Wed, 16 Aug 2006 04:53:58 +0000 I have recently purchased a commercial property with a tenant (Retail shop-Swimming pool sales & service) and a three year lease remaining. I have paid no gst under the going concern rule. My conveyancing was done throuigh a solicitor.

I am now looking ito developing the property further-can anyone give me information on building cost regarding…[Read more]

]]> b665105cc3a61c65c9cc8c1587324ff6 pigs fly replied to the topic Accountants- I feel somewhat ripped off in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4386111-accountants-i-feel-somewhat-ripped-off/#post-4551422 Wed, 16 Aug 2006 02:48:59 +0000 I went through coopers and liabrant to ITP and H&R block and then to the fairest deal I was able to get. A fixed annual price that included phone call advice and 4 visits per year.

I then decided to do a business (accounting) tafe coarse and now do my own (Company and personal). The web and especially the ato site give you heaps of information,…[Read more]

]]> 8088388d1ee84532aa31dfa22e787cbc pigs fly replied to the topic tax question in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4386410-tax-question-3/#post-4552613 Wed, 16 Aug 2006 00:49:26 +0000 I am sure you can invest it into property, however what you may be overlooking is, the $20,000 is an asset and the cost of the property is an asset so it does not become a deductible expense.
The interest on loans to buy the property and running costs are the deductions.

Check with your accountant again!!!

]]> 91754186b1e5c2d396d3ddba8d328bad pigs fly replied to the topic Building?? in the forum Value Adding https://www.propertyinvesting.com/topic/4385795-building-2/#post-4549905 Sat, 12 Aug 2006 00:42:29 +0000 I signed a so called fixed contract with National Builders in jan 2005 for $7200/square to build a townhouse.

They did not bother to get a simple council information report and here is the result.
http://www.austlii.edu.au/au/cases/vic/VCAT/2006/1309.html

The final price would have been $10,000+ per square.

In my case their response was unless…[Read more]

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