PropertyInvesting.com | Dave4455 | Activity https://www.propertyinvesting.com/members/qprjames/activity/ Activity feed for Dave4455. Tue, 05 May 2026 19:19:39 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 c13f43e15b4d80878a390005df05151b Dave4455 started the topic My current scenario in the forum Help Needed! https://www.propertyinvesting.com/topic/5047742-my-current-scenario/ Wed, 15 Aug 2018 11:32:53 +0000 Ok I need some advice here. This is my scenario.i have my eye of 4 different apartments.
I’m looking at buying into an area of Sydney with an over supply of apartments.why you might ask? Well because I like the area and I plan to live there for 10+ years so capital growth is not really that important to me as others. What is important, is trying t…[Read more]

]]> c13f43e15b4d80878a390005df05151b Dave4455 started the topic My current scenario in the forum Help Needed! https://www.propertyinvesting.com/topic/5047742-my-current-scenario/ Wed, 15 Aug 2018 11:32:53 +0000 Ok I need some advice here. This is my scenario.i have my eye of 4 different apartments.
I’m looking at buying into an area of Sydney with an over supply of apartments.why you might ask? Well because I like the area and I plan to live there for 10+ years so capital growth is not really that important to me as others. What is important, is trying t…[Read more]

]]> 897b21e97e5b2e25ed6f0a78edae9941 Dave4455 replied to the topic Commercial property VRS share portfolio in the forum Commercial Property https://www.propertyinvesting.com/topic/5042391-commercial-property-vrs-share-portfolio/#post-5042472 Sat, 20 Jan 2018 21:22:58 +0000 Thanks for your reply Benny,

Yes currently 60k after costs which I realise is a good position. And no I am not schooled in shares. I would have an expert help on that fo not. So you are probably thinking I’m a bit mad perhaps! I just thought shares were give me a more diversifIED portfolio. Less risk. Spread the money into different areas. The m…[Read more]

]]> 593704a553317597a4c394c72e91d0b8 Dave4455 started the topic Commercial property VRS share portfolio in the forum Commercial Property https://www.propertyinvesting.com/topic/5042391-commercial-property-vrs-share-portfolio/ Wed, 17 Jan 2018 08:28:38 +0000 Ok, So this forum maybe a little biased towards commercial property…..but here we go!
I have a commercial property (motel). The business itself has been sold and the property leased for 25 years.
The property as a passive investment is worth around 1.3 million possibly even 1.4. Taking a much more conservative valuation of 1.2 million it returns…[Read more]

]]> f327be55f7c7031d799713cf3b8416d7 Dave4455 replied to the topic CGT and negative gearing question in the forum Help Needed! https://www.propertyinvesting.com/topic/5041334-cgt-and-negative-gearing-question/#post-5041404 Tue, 14 Nov 2017 15:45:20 +0000 Hi terry, sorry to re-visit this. Just trying to make it clear in my mind! I did check the link but it was overly clear in regards to the 6 year rule. In my scenario of buying and living in house A in year 1, and then buying house B 12 months later in year 2 (whilst putting house A up for rent) how does the 6 year rule work out?

You mention 5.5…[Read more]

]]> 86af33d4eec2e6e0a93ce8c9dd81792e Dave4455 replied to the topic CGT and negative gearing question in the forum Help Needed! https://www.propertyinvesting.com/topic/5041334-cgt-and-negative-gearing-question/#post-5041394 Mon, 13 Nov 2017 17:46:21 +0000 Thanks terry, so as an example, if I bought house A in Jan 2020, used it as my main residence, then bought house B in feb 2021, and moved into ihouse B as my main residence (and rented out house A), I’d have until mid-2025 to decide which house I would like to consider as my main PPOR before selling one of them?

This scenario is quite i…[Read more]

]]> 43933e1e4e66de9dd5eabfc86905905d Dave4455 replied to the topic CGT and negative gearing question in the forum Help Needed! https://www.propertyinvesting.com/topic/5041334-cgt-and-negative-gearing-question/#post-5041391 Mon, 13 Nov 2017 11:58:18 +0000 Hi Tim, yes I understand you theory on time being a good option for the ATO to ignore my situation and they won’t look back that far, but I’m definitely after a legal loophole (not a tax dodge) that I can use to my advantage which might suit my specific circumstances. I’d hate to find out 10years down the line, thee was something I could have…[Read more]

]]> 21eab26e5ca6718372544bca77ef5a9b Dave4455 replied to the topic CGT and negative gearing question in the forum Help Needed! https://www.propertyinvesting.com/topic/5041334-cgt-and-negative-gearing-question/#post-5041390 Mon, 13 Nov 2017 11:51:38 +0000 Hi terry, do you have a link about the above 6 year rule. I tried to search it online but can up with nothing. Thanks :)

]]> 66422f9a3a8b8657f9c8dde258156446 Dave4455 started the topic CGT and negative gearing question in the forum Help Needed! https://www.propertyinvesting.com/topic/5041334-cgt-and-negative-gearing-question/ Sat, 11 Nov 2017 15:41:04 +0000 I read the below in a different forum by a high profile member back in 2011 :

……‘’’If you really want to avoid CGT and keep your negative gearing then you need to do things differently.
Buy your house and then live in it for 12 months. Buy another house and move into it and rent the first one. You have 6 years before the first house will…[Read more]

]]> e5e3e2d0c90ff647f3d2598620342433 Dave4455 replied to the topic Capital gains tax rollover for a commercial property - what are my options? in the forum Commercial Property https://www.propertyinvesting.com/topic/5041127-capital-gains-tax-rollover-for-a-commercial-property-what-are-my-options/#post-5041172 Thu, 02 Nov 2017 19:31:18 +0000 Thanks for the feedback guyz. Sorry I’m not very business minded, as i’m Just good at running a successful business! The latter normally looks after everything else! :)

Apparently i can put this capital gain/rollover into my supernnuation account. And seeing as i’m Almost 40 years old with only $35,000 in my super account (eeek!) this extra $125,…[Read more]

]]> 8c7a84964531e5f8c66a987ec422a2f4 Dave4455 started the topic Capital gains tax rollover for a commercial property - what are my options? in the forum Commercial Property https://www.propertyinvesting.com/topic/5041127-capital-gains-tax-rollover-for-a-commercial-property-what-are-my-options/ Tue, 31 Oct 2017 12:29:52 +0000 I have just sold my motel business for 500k which was originally worth 250k when I bought it. Therefore after 50% asset reduction on capital gains has been applied, this means I am left with a capital gains tax bill of $125,000.

I doubt I will be buying a new business as a rollover with that 125k. I also don’t think I qualify for any further d…[Read more]

]]> 7e7bfd8a8abbe5f581adbc1afc58f81e Dave4455 started the topic Sale of a leashold motel -Go with a General authority OR an Exclusive Authority? in the forum Commercial Property https://www.propertyinvesting.com/topic/5032945-sale-of-a-leashold-motel-go-with-a-general-authority-or-an-exclusive-authority/ Mon, 13 Feb 2017 05:22:46 +0000 I own a motel, and keen to sell the lease, whilst still retain the freehold.

I have had 3 brokers that have come round abd done an appraisal. The 1st broker i have decided not to go with as his price was a bit sky high.

The 2nd agent was good, so certainly want to use him. I also like the 3rd broker.

I would like to use both the 2nd and 3rd…[Read more]

]]> 96bb2f384e6474a5b97bc5e511e2fb78 Dave4455 replied to the topic Looking to lease out my small motel in 2 years time - good idea? in the forum Commercial Property https://www.propertyinvesting.com/topic/5007744-looking-to-lease-out-my-small-motel-in-2-years-time-good-idea/#post-5018911 Mon, 11 Jan 2016 09:19:01 +0000 Hi tony, sorry I don’t use the Internet much. I hate it in Fact!! Still plugging away at the idea of leasing. I have had 1 agent down in person who was very helpful. All other agents have failed to return emails and voice messages – very disappointing to be honest. I’m looking to lease start advertise in 12 months time, with a view to sell in 24…[Read more]

]]> 6903406a97d9d6a07ebdacc456ecc9f0 Dave4455 replied to the topic Looking to lease out my small motel in 2 years time - good idea? in the forum Commercial Property https://www.propertyinvesting.com/topic/5007744-looking-to-lease-out-my-small-motel-in-2-years-time-good-idea/#post-5018910 Mon, 11 Jan 2016 09:13:41 +0000 Hi Jo, sorry I don’t get on here much!! Too busy running round after guests. So I have just secured a mortgage. Thought best to set that up now before I lease the motel. I have put off leasing the motel for another 2 years so I can use that time to improve the figures. Given I have no current mortgage on the motel I have been running in a very…[Read more]

]]> 452858c5676c9c72302342ab97895803 Dave4455 replied to the topic Looking to lease out my small motel in 2 years time - good idea? in the forum Commercial Property https://www.propertyinvesting.com/topic/5007744-looking-to-lease-out-my-small-motel-in-2-years-time-good-idea/#post-5007770 Sat, 23 May 2015 23:30:11 +0000 Hi cry, thanks for your response. Yes the rent has been taken out of the 100k. The 100k is just pure profit after wages, motel expenses etc.
I don’t quite understand why if I mortgage the motel, it won’t be tax deductible. The initial money I used to buy the motel (1 mil) was personal savings. This money is just going to be paid back to me. So…[Read more]

]]> a5127fe666f61c51996a4e9c5deed507 Dave4455's profile was updated https://www.propertyinvesting.com/activity/p/315717/ Sat, 23 May 2015 11:11:22 +0000 002fabe2163ca59d4ae529b85d23698f Qprjames started the topic Looking to lease out my small motel in 2 years time - good idea? in the forum Commercial Property https://www.propertyinvesting.com/topic/5007744-looking-to-lease-out-my-small-motel-in-2-years-time-good-idea/ Sat, 23 May 2015 10:54:22 +0000 I currently own a freehold motel in rural victoria in a popular costal town. I now wish to move on and stop running the motel as it has all become a bit too all-life-consuming. Ideally I would like to get full time manager, but realistically, managers will come and go, and don’t want to end back at the motel having to run it again myself. After…[Read more]

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