Good point about the ‘single post’ promoting discussion, but it wasn’t a set up.

I always think twice about responding to posts I have an interest in, but as it was one of the only posts that didn’t have a response, I wanted to contribute.

– Steve

Hi Nathan,

A couple of issues here…

1. If you are doing this as a business (as you seem to have indicated above), then profits are ordinary income, not capital gains. This means that you will pay income tax on all your profit when you sell. Be aware that if your taxable income spikes in any one year then you will be pushed into a higher tax bracket. Some good tax advice would be well worthwhile.

2. Remember that there will be GST on the new property. You ought to get good tax advice on this to ensure the amount of GST you have to remit is as low as possible. It may be there is specific wording needed for the sale contract to facilitate this (such as GST calculated on the margin scheme, if applicable).

Sounds like a trip to the accountant is on the cards.

– Steve

A quick post to let you know that we are still working full time behind the scenes with more upgrades.

Next on the list is a member dashboard to replace the current welcome page after sign in that contains a range of useful information about latest information.

– Steve

Hi,

If you made a post selling these items then the best thing to do is to make a reply saying they have now sold.

We don’t like to delete old posts as it messes with the continuity of the forums.

– Steve

We tried to ‘hide’ the email as such to stop bots scraping the forum.

I’m not against returning back to displaying email addresses, but it is an issue that it is not working with gmail.

As I said, I’ll get the team on it and see what can be done.

While I have you, can you take a look at this post for me – it’s finance related:
https://www.propertyinvesting.com/topic/4990398-help-needed-40/

– Steve

Hi and welcome to the forum.

There are many finance experts on the community, and I hope one can help you.

I do not have the appropriate qualifications to comment specifically, but as a general comment I would have thought:

1. An unpaid default is going to be a significant red flag to a lender. Even paid off it is going to take some explaining.
2. It would be sensible to approach the developer to ask if they have a relationship with a lender they could recommend.
3. You should also contact a mortgage broker in your local area to see if they can assist

I find it odd that a financier cannot assist because completion is >90 days. I would have thought that provided the contract is signed and enforceable then you should be able to see finance pending the completion of the building and certificate of occupancy.

– Steve

Hi,

Some replies:

1. Self rating

Agreed. You should not be allowed to rate your own posts. We’ll get on that.

2. Links

Currently when posting a link the poster can nominate that the link open in a new window (or not). We are changing that to be hard-coded always open in a new window.

3. Signatures

I made a post about signatures in this same forum.

No, we are not losing signatures, but we are reformatting the way they are displayed to prevent abuse and to tidy up the way they look. You can see what I have done below under the new formats.

We dumped the old signatures from the old forum as a placeholder, but now have introduced a new system that you can set up and modify through your ‘My Profile’ area (in the blue bar that the very top of the page).

Check it out and have a play around.

– Steve

• This reply was modified 11 years, 7 months ago by  Administrator.
• This reply was modified 11 years, 7 months ago by  Steve McKnight.
• This reply was modified 11 years, 7 months ago by  Steve McKnight.

Nissan Dualis. I needed something easy to get in and out of, and it has great boot space with the fold down seats.

My wife drives a Toyota Avensis, but we are thinking about upgrading.

We drove a Mazda CX9 around in the US a few years back and loved it, but it did drink the juice like a thirsty sailor.

– Steve

Hi again Colin,

Thanks for the heads up on the signature. We are on that one too and will soon be implementing a new system for it.

You see, when we ported over the data from the old forum, we just did it as ‘text’. As a temporary hack, we kept the signature block as it was, and made a wish list to upgrade it.

So, within the next 14 days, you will see a new system that will provide the opportunity to list:

1. Name / Username / Business Name
2. Web address (link)
3. Email (mailto) / Phone (mouse over)
4. One line of text to describe your business / famous quote, etc.

(The signature feature will be accessed through the member’s profile section.)

This will hopefully cut down on the amount of editing moderators have to do on overzealous signatures, and at the same time allow posters to promote themselves in an appropriate way.

– Steve

• This reply was modified 11 years, 7 months ago by  Steve McKnight.