Total Members: 158,199

Tony P

  • Tony P replied to the topic Landlord advice needed in the forum Help Needed! 15 years, 11 months ago

    Thanks guys, I appreciate the advice. Perhaps I am being a bit scroogy.

  • Tony P replied to the topic Building a duplex in the forum Help Needed! 16 years, 2 months ago

    Thanks again guys, all very useful information .However I have one more question,Can anyone tell me what the process is for the strata subdivision of a duplex? and what responsibilities the new owners and/or developers have?Tony P 

  • Tony P replied to the topic Building a duplex in the forum Help Needed! 16 years, 2 months ago

    Thanks Richard,Can you please clarify what you mean by 'purchase the property on the margin scheme'?ie Do you mean that if I can sell both units for a total of $700,000 then I deduct  the $600,000 (land and build cost) – then I pay GST on the $100,000 profit?Regards,Tony P

  • Tony P replied to the topic Building a duplex in the forum Help Needed! 16 years, 2 months ago

    Thanks guys, that was very helpful.I am based in NSW. Any suggestions for areas to look at?Regards,Tony P.

  • Tony P started the topic Building a duplex in the forum Help Needed! 16 years, 2 months ago

    Hi guys I was wondering if someone can help me with some questions on the financial ramifications of building a duplex.

    This is the scenario:

    1) I have a company set up under a trust format. The business of the company is property development.

    It buys land – $200,000

    Builds a duplex – $400,000

    Total cost is $600 000 for both units co…[Read more]

  • Tony P started the topic Building a duplex in the forum Help Needed! 16 years, 2 months ago

    Hi guys I was wondering if someone can help me with some questions on the financial ramifications of building a duplex.

    This is the scenario:

    1) I have a company set up under a trust format. The business of the company is property development.

    It buys land – $200,000

    Builds a duplex – $400,000

    Total cost is $600 000 for both units co…[Read more]

Tony P

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