If you are not living with your g/f at the time of settlement, then you are still eligible for the FHBG. Depending upon the date you signed and applied for the FHBG will depend upon what amount that you will get.

which state is the property in? (my reference is NSW).

if the fixed term is over 3 years the residential tenancy act would not apply, so a commercial lease could be used

they are not exercising their option. End of story, they can go on monthly if you agree or you can give notice to vacate upon expiry of the lease (consider what the vacancy…[Read more]

Alan Bond won’t but Jonesy might.

kateej03 wrote:
We have no kids!

I have 'No Mates"…. Just had to add that one.

I thought that I had heard something was also going to allow exploration for uranium in NSW. At present they can't even look for the stuff.

Yes but now they can legitimately do nothing! At least they haven't stuffed it up.

I believe that they can only get a small amount before they get hit with the highest rate of tax.

Once you've determined what you need to do to achieve the planning controls for strata titling, you will need to submit a development application as well as carrying out any required building work to meet current building code requirements. Then get subdivision plans prepared etc.

But if the only two real beneficiaries are Mrs & Mr No Mates who are both in the top tax bracket how do I save tax? It's fine when there are other beneficiaries (ie low income earners over the age of 18) but what if there aren't)?

Trusts aren't exempt from land tax from $1 (generally)

It costs $ to have the books done/company set up…[Read more]

Dubstep wrote:

   Gums on Gold !

Sounds like a retirement home Dubs.

Even the projections in last week’s AFR had Sydney and Melbourne as the preferred options for growth over the next 3-5 years.

Depends what you’re after. A complete marketing package would cost you around 5% +gst as opposed to just the selling comms.

There should be flood plans available on council’s website. Even the main street is subject to innundation, just look at the elevated kerbs.

Maitland was bolstered with plenty of ex-state govt money to win votes so there are more than 10 govt agencies up there.

You might consider some of the newer areas like Green Hills, Thornton or East Maitland.

There have been previous posts on the topic, use the search function.

If a valuation has been done properly, the valuer can only use completed sales as evidence as those sales which haven’t settled still have a chance of failing. The valuer can consider recent transactions however cannot list these in their rationale – being the devil’s advocate, if they used an incomplete sale and it failed to complete, the…[Read more]

If a valuation has been done properly, the valuer can only use completed sales as evidence as those sales which haven’t settled still have a chance of failing. The valuer can consider recent transactions however cannot list these in their rationale

The owner should have watched what he was disclosing to others.

JacM wrote:
true, close enough for illustration tho. edited for preciseness

I am just a pedant

Jacm

Your numbers are slightly skewiff but good for demonstrating your point:

$12 * 52 / .08 = $7800

As serious as you can be after a few gottles o fred (sic).