PropertyInvesting.com | Scott | Activity https://www.propertyinvesting.com/members/scotty-t/activity/ Activity feed for Scott. Wed, 15 Apr 2026 11:15:01 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 5c7d12d4598b5430cb7c105095613002 Scott replied to the topic In a Family Trust Can you rollover current year loss to the future in the forum Help Needed! https://www.propertyinvesting.com/topic/5034998-in-a-family-trust-can-you-rollover-current-year-loss-to-the-future/#post-5035056 Wed, 10 May 2017 10:53:29 +0000 Yes, the prior year loss is carried forward and can offset future years income

]]> c1f7596b2ad37081edf2a4fe525b12e9 Scott replied to the topic CGT and Stamp Duty on Investment Property off the plan in the forum Help Needed! https://www.propertyinvesting.com/topic/5032840-cgt-and-stamp-duty-on-investment-property-off-the-plan/#post-5032847 Tue, 07 Feb 2017 10:18:13 +0000 Just an idea, if the terms of the contract allow it may be possible to sell your interest in the contract to another party such that someone else is responsible for settling the contract at its execution price.

Say the contract is due to settle in 6 months for $500K and you have paid your 5% deposit being $25K, meaning there is still $475K due.…[Read more]

]]> 5c2e2ce6e58224f0345d954d82eccb4f Scott replied to the topic Changing from working to retired (passive income) in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5009512-changing-from-working-to-retired-passive-income/#post-5009673 Fri, 26 Jun 2015 09:03:36 +0000 If you have a commercial property you could consider moving that via in-specie super contributions into your superfund (if you have a SMSF). If you have a switched on accountant they should be able to come up with a strategy to move it in a tax effective way. Once in a SMSF, if you are in pension phase, the income on the property will be tax…[Read more]

]]> b03f2b6ad6bb99ee0e031d586ca40241 Scott's profile was updated https://www.propertyinvesting.com/activity/p/318235/ Sun, 21 Jun 2015 06:50:47 +0000 7309a7cdec63029d18eac2f807d700b8 Scotty T replied to the topic Use of SMSF to buy Property outright in the forum General Property https://www.propertyinvesting.com/topic/5008859-use-of-smsf-to-buy-property-outright/#post-5008868 Thu, 18 Jun 2015 10:00:40 +0000 JDL,

In terms of investing in anything, whether it be property, shares, term deposits etc, whether it’s inside or outside of super, you need to evaluate each invest on its merits, i.e. is what you are investing in going to give you a suitable return compared to your initial investment.

The next thing you need to ask yourself, is does the…[Read more]

]]> be1bbad7916a7e816cb44171fa5f89ce Scotty T replied to the topic CGT with 6 years Temporary Absence rule in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5005817-cgt-with-6-years-temporary-absence-rule/#post-5005827 Thu, 09 Apr 2015 09:24:32 +0000 Hi Eric,

If you choose to treat your 3 bedroom apartment as your main residence, as you have owned the property for less then 6 years, I would have thought that there wouldn’t be any CGT issues. I haven’t found any examples of when it is partially rented, however I don’t see how this would make a difference. You can claim the 6 year exemption…[Read more]

]]> cd26a2d9edab31664e2973245c98af2e Scotty T replied to the topic Margin Scheme and GST in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5005477-margin-scheme-and-gst/#post-5005479 Thu, 02 Apr 2015 12:30:51 +0000 Hi Ananth,

What is it that you are planning to do? Are you building a house/ units and then looking to sell shortly after? GST only generally applies to the sale of new residential properties or commercial properties. Your accountant would be best suited to talk to you about this one. It best to spend a bit of time getting this right, as any…[Read more]

]]> 6ba024ceb66fb38e661da6c079871161 Scotty T replied to the topic please help in the forum Help Needed! https://www.propertyinvesting.com/topic/5003071-please-help-12/#post-5003089 Thu, 05 Mar 2015 12:26:21 +0000 Blocka,

As I read it above, White House Financial Services is not actually your real estate agent, is this correct? What role do they play in managing your property if you have a real estate agent?

If you want to try track them down for the $ you can do an ASIC or ABR register search if you have the company ACN or ABN. If the company has…[Read more]

]]> 01152882f6603f927e3d40369a61aebb Scotty T replied to the topic Whose name do I put our new PPOR into? in the forum Help Needed! https://www.propertyinvesting.com/topic/5003002-whose-name-do-i-put-our-new-ppor-into/#post-5003068 Thu, 05 Mar 2015 06:54:38 +0000 Hi Fudge,

The reason that I suggested the offset account was if you choose to buy another property in the future i.e. when your current PPOR becomes an investment, if you have an offset account in place, you can use the excess funds in that offset account to purchase your new PPOR, thus maximising the deductible interest that’s left behind on the…[Read more]

]]> 658d6a5a0e768d6179b0931ecf9b8a1d Scotty T replied to the topic Whose name do I put our new PPOR into? in the forum Help Needed! https://www.propertyinvesting.com/topic/5003002-whose-name-do-i-put-our-new-ppor-into/#post-5003017 Wed, 04 Mar 2015 12:59:03 +0000 Hi Fudge

As Jamie suggests your accountant is the best person to talk to as there are plenty of variables. However a couple of things to consider from a tax point of view are:
– Do you and your wife have different taxable incomes or are they similar?
– When you PPOR eventually becomes an investment, do you plan to rent it out or perhaps…[Read more]

]]> 50dae09796ac617f2abd182a121d714e Scott's profile was updated https://www.propertyinvesting.com/activity/p/302041/ Tue, 09 Dec 2014 12:12:20 +0000