Recent content by aul

This is what I don't get with a lot of PIs. (pls note, I am a single IP owner myself) So its okay for a PI to make 8% p.a on their IP CG just by sitting on it and renting it out, but a company is not allowed to make 8% profit on items they buy and sell? This company is: - buying goods...

i am a member of this forum obviously and a reader over there but I must say the reason why people on this board would not like that board is because there is an alternate view which you do not really find on this forum. Most posts and threads here give the feel that property can only go up...

yep, the one thing we need these days is more easy credit.

I have read on those forums and particularly that post. I think you should re-write it "the conclusion" to "my(shadow's) conclusion" as your research was not anywhere near definitive and was actually shown not to be correct. We have also seen via apf.com rpdata that recent clearance rates for...

This is one of the most ridiculous things I have read on this website. Firstly, I am young gen x, not a gen y, but I think people like you over-glamorise the younger generations' lives and fortunes and under-glamorise your own. How does gen y have it "VERY EASY"? If your kid has it easy...

if you want to tax deduct for your own time, you will have to charge yourself.

hi all, thanks for your replies, as to CGT, I bought it 8 yrs ago for 435k so capital gain is not much. Using online calculators, after costs, my so called "gain" is 15k, however, I think it will be more like $0 gain to be honest. Take $15k as MAX gain - divide by 2 @ 30% tax = $2250. But...

Hi, hoping someone here can check these figures are ok and my line of thinking is correct. IP: est value 490k. using 475k as base price (15k costs if sell) Loan: 300k Rate used: 6.96% 300000 @ 0.0696 = $20880 int paid p.a $430 rent (conservative) - 7% agents commission x 52 weeks =...

depends what you are considering as western sydney. it could be Lidcombe to Penrith - that is a long stretch (40km+ I would say). But the article also mentions south west. Bankstown to past Campbelltown - also 40km +. I'm just trying to say that "WEST" is such a big area when talking...

any thoughts on Auburn in Sydney???

Couple, very late 20s, currently DINKs till probably end of next year when looking to start family. Currently: value - $1 million (1 PPOR, 1 IP) Debt: $550k easy maths on this one - 55% LVR By this time next year, we hope to bring it down to 37% End 2012 - 32% I don't think I will...

ok, it looks like you will nett about $1k a week from wages. Loan repayments- I think you should use min 7.5% interest as your basis, if not more. 332k @ 7.5% = $565/week. Living expenses - with a baby on the way, I am guessing with all costs involved, you would be looking at min $200 per...

Prices have been down/subdued/flat since mid-last year or so. Below are the reasons why properties either did not sell via private treaty or auction rates were low: June-July - Winter months. Hard to sell homes. Tradition "slow period". Cannot count this towards sales/auction figures...

from the look of replies and non-replies, It doesn't seem like there is anything to push the case for mid-end 2011 to be the turning point. Makes me wonder why these 3 (and I am sure other) vested groups are pushing this line? Scare mongering?

hi all by the way, I just wanted to say I am not really asking YOU "what is happening in the 2nd half of the year", I am more-so trying to ask "what is happening in the 2nd half of the year" that has got agents/analysts etc talking things up from Q3 2011. I mean, why not 2012, or 2013...