Bez23, it should be treated as a capital loss and will be off-set against any future capital gains. You won't be able to use it as a deduction against your taxable income.
Boods
I'm with Aaron C...
EVERY person was wearing a hat!
I'm going to go out and buy one this week.
Not enough people wear hats anymore!
You watch, it will all be in fashion again soon...
Boods
Hi Apex,
Perhaps you could share with us all the reasons why you believe it is over-valued and highly risky?
Generally, Finbar produce some pretty good product. We have had a similar sized comparable property just around the corner from the Ecco site independantly valued with similar values...
Agreed...if it is the same one I'm thinking of.
No access allowed from Woodhouse Road.
Only conditional subdivision approval granted at this stage.
Water table close to surface.
Peat and possible acid sulphate issues.
Access not wide enough past existing dwelling from Kirkham Hill Tce to...
Guys... I too must apologise...
Short staffed at the moment and had a few issues with a couple of projects this week. Hopefully all had a good time?
I will make it to one of the get togethers one day...oh yes...I will...
Boods
+1 for Land Division
Also Vecta, McMullen Nolan, and Whelans, although the last two may be a little pricey as they tend to do the larger stuff...
Boods