https://www.propertyinvesting.com/members/real2/activity/ Activity feed for Real2. Sat, 11 Apr 2026 23:56:14 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 906cc077ce5e3091e65e943bfca7d0ee https://www.propertyinvesting.com/topic/4389660-cgt-question-3/#post-4567825 Fri, 18 May 2007 05:29:25 +0000 Assuming you bought the property after Aug 1996, you are correct, and your sister is wrong.  Don't forget the 50% CGT discount either.

]]> 601ad2072db9c26c2412e3d3ebb71c46 https://www.propertyinvesting.com/topic/4388361-managed-funds-have-better-returns-than-property/#post-4561804 Thu, 10 May 2007 10:49:20 +0000 Theres a number of reasons why I don't like managed funds:1/     You have bugger all control over your money.2/      The overall value of your investment can fall, and yet you still have to pay tax on it !         Example           Opening Balance     $300,000Add: Net Income                  $10,000   (This is what you pay tax on)Less: C…[Read more]

]]> 9bb6564d1316835ea7a0c00344640843 https://www.propertyinvesting.com/topic/4389562-john-fitzerald-strategy-when-to-become-cash-flow-positive/#post-4567496 Thu, 10 May 2007 03:45:53 +0000 Monster24My exposure to John Fitzgerald has been as follows:1/    I went to one of his Melbourne seminars last year,  and had one follow up free consultation.  (not with John)2/    I have read all his books and seen all his DVDs.3/    I have read his Wealth manual, "Untold Wealth: Sucess from Scratch"4/    I have seen his infomercials a…[Read more]

]]> 4bbd68dddc14e3ac7d6edd280cdd8d31 https://www.propertyinvesting.com/topic/4389375-melbourne-boom/#post-4566699 Wed, 09 May 2007 12:59:39 +0000 I suggest that everybody reads the May newsletter, as Simon makes some very intelligent comments about this very topic.

]]> 003a18bb7e011e532b6789418dcc471d https://www.propertyinvesting.com/topic/4389375-melbourne-boom/#post-4566698 Mon, 07 May 2007 08:46:16 +0000 Auction Headlines UpdateSunday Age 29/04/07   – "Fiery bidding as market surges forward"Sunday Sun 29/4/07    – "Yesterday's auctions: happy days"Sunday Age 06/05/07  – "Sales add more fuel to the quoting fire"Herald Sun 07/05/07  –  "Autumn rush looms"Age 07/05/07               –   "Buyer frenzy points to winter activity running hot&qu…

]]> 4979cd01788dd721321c6c8381877ceb https://www.propertyinvesting.com/topic/4389473-renovations-tax-deductable/#post-4567147 Wed, 02 May 2007 10:18:53 +0000 The cost of "renovations" as a general rule are only tax deductible when you sell the property. This is because they form part of the cost base of the property.  However, you can write off the cost of the renovations at the rate of 2.5% per year. This is known as claiming a "capital works" deduction, which is a similar concept to…[Read more]

]]> 5f5621d529600c812ee87838f72a3900 https://www.propertyinvesting.com/topic/4389375-melbourne-boom/#post-4566694 Thu, 26 Apr 2007 11:25:57 +0000 Thanks for your comments LA Aussie.  Just thought that you would like to know that in today's Age, it was stated that agents underestimated the auctions prices by an average of 20.6 per cent, and the weekend before that by 20.3 per cent.

]]> 6cf50de3b9ada53b1eecad6889c93f73 https://www.propertyinvesting.com/topic/4389373-calculation-of-income-for-serviceability/#post-4566679 Tue, 24 Apr 2007 01:10:09 +0000 Thanks Richard

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