PropertyInvesting.com | propman1 | Activity https://www.propertyinvesting.com/members/propman1/activity/ Activity feed for propman1. Sun, 03 May 2026 09:13:16 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 cd2eb268ab036f8d8b19ed28c5cd1ea9 propman1 replied to the topic Transfer of apartment at no cost. in the forum Help Needed! https://www.propertyinvesting.com/topic/5010483-transfer-of-apartment-at-no-cost/#post-5010512 Sun, 19 Jul 2015 05:01:37 +0000 Hello Terry,

Thanks for your detailed reply.
Re your answer above, I just need a bit more clarification:

2. Sorry. I made an error referring to it as a “cash loan”. It should have read as “cash gift”

4. What other legal issues are you referring to?

5. I assume that you are thinking along the lines of the tax on the income from the…[Read more]

]]> 8b37312a7207ae26f29c860958c19148 propman1 replied to the topic Transfer of apartment at no cost. in the forum Help Needed! https://www.propertyinvesting.com/topic/5010483-transfer-of-apartment-at-no-cost/#post-5010512 Sun, 19 Jul 2015 05:01:37 +0000 Hello Terry,

Thanks for your detailed reply.
Re your answer above, I just need a bit more clarification:

2. Sorry. I made an error referring to it as a “cash loan”.

4. What other legal issues are you referring to?

5. I assume that you are thinking along the lines of the tax on the income from the apartment. Am I correct?

6. “Asset…[Read more]

]]> ea02745c324ae9130d185fbfe6bdeacc propman1 replied to the topic Transfer of apartment at no cost. in the forum Help Needed! https://www.propertyinvesting.com/topic/5010483-transfer-of-apartment-at-no-cost/#post-5010496 Sat, 18 Jul 2015 06:29:57 +0000 Hello Jacqui,

Are you saying that if we wait until she passes on through the Pearly Gates, then there are no Capital Gains payable and no Stamp Duties payable on the property?
If payments are required, what is payable?
PS The property was bought for about $550k about 10 years ago

]]> 4dd36019edf58703b1080b38a94e4502 propman1 replied to the topic Transfer of apartment at no cost. in the forum Help Needed! https://www.propertyinvesting.com/topic/5010483-transfer-of-apartment-at-no-cost/#post-5010496 Sat, 18 Jul 2015 06:29:57 +0000 Hello Jacqui,

Are you saying that if we wait until she passes on through the Pearly Gates, then there are no Capital Gains payable and no Stamp Duties payable on the property?
If so, what is the process?
PS The property was bought for about $550k about 10 years ago

]]> 1d14ad4e1219acdf6164abcf34ea6103 propman1 replied to the topic Transfer of apartment at no cost. in the forum Help Needed! https://www.propertyinvesting.com/topic/5010483-transfer-of-apartment-at-no-cost/#post-5010486 Sat, 18 Jul 2015 01:52:53 +0000 Hi Terry,

Thanks for your reply.
1. The property is in Queensland, so it will be under Qld stamp duty rules.
2. The property is worth around $800k. If she gifts me $800k to buy the property, what are the tax implications for the cash loan?
3. There are no social security issues. She is not entitled to the pension or anything.
4. How do I…[Read more]

]]> bb39e39b003142a1e1a0a143032e70da propman1 replied to the topic Transfer of apartment at no cost. in the forum Help Needed! https://www.propertyinvesting.com/topic/5010483-transfer-of-apartment-at-no-cost/#post-5010486 Sat, 18 Jul 2015 01:52:53 +0000 Hi Terry,

Thanks for your reply.
1. The property is in Queensland, so it will be under Qld stamp duty rules.
2. The property is worth around $800k. If she gifts me $800k to buy the property, what are the tax implications for the cash loan?
3. There are no social security issues. She is not entitled to the pension or anything.
4. How do I…[Read more]

]]> f5f18a8f8556345f90e7dc3d074d6694 propman1 started the topic Transfer of apartment at no cost. in the forum Help Needed! https://www.propertyinvesting.com/topic/5010483-transfer-of-apartment-at-no-cost/ Sat, 18 Jul 2015 01:35:51 +0000 I am looking for advice from some of the more experienced property guys here.

My elderly mother has left me an investment apartment (currently in her name) in her will.

However she has now decided that she would rather transfer it to me now rather than when she finally leaves this world.

What are the legal and tax implications of this…[Read more]

]]> 2588f04ec8695ea023f3f19610ca603d propman1 replied to the topic Luke Gilford??? in the forum Help Needed! https://www.propertyinvesting.com/topic/4400394-luke-gilford/#post-4627149 Wed, 23 Feb 2011 01:08:42 +0000 I was recommended to this course last year and went to his training last year.  The Luke Gilford Workshop was NOT worth the money.   It was a huge waste of money. <moderator: delete personal comments>His website, GreedIsGood.com is a reflection of his methods.

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