Recent content by duce

Hi Terry_w I have been reading many posts but the information seems to be confusing at the very least as to the outcome. Would it be best to sell the property to our DFT at market value based upon a submitted D/A (submitted by the DFT with a letter of consent to act by me the owner)...

Hi there, I have a question that eludes me. Is there a correct ownership structure that should be used when developing your PPOR into multiply lots. At present our PPOR is in my sole name only and we wish to develop the land firstly into 2 lots, one being a R30 site and the other would be...

Hi Terry W The price that we are being offered (from bottom feeders) would even make paying stamp duty attractive rather than acepting low value offers. My understanding is that the development company would have to pay the stamp duty on meeting the contract document conditions (issuing of...

Have read the booklets from Bantacs, but they did not provide a clear answer to the problem.

What would be the best course or structure to realise the full potential of our PPoR, we have had offers that vary from as low as $950,00.00 from developers trying to buy our land. We own our PPoR outright. But feel it may be a better option to develope the land our PPoR is currently on...

That's amazing, are they are small building company? At that price I would definately be building with them, who are they?

Just a quick thank you Brendio for your guidance and help, I am meeting with some old school chums next week who luckly enough are accountants of vary types. I will let you know what trust that they recommend. I have just had another offer for outright purchase of the land but still well...

I have read through your thread and it is very informative and a very similar path that I am currently taking. As you say the type of trust is important as to the end consequences. What type of trust did you set up for your development as it is as you say a very simlar situation to my own...

hi brendio, many thanks for your responce and to give you the details of my PPOR Bought in 1990 for 86K Myself and my wife To live there as our home PPOR Yes it is Yes, submitted my self I would be a silent partner. I provide the free hold land and they arrange all fianance, engineering...

Hi I am new to this but here goes, I have been offered a joint venture by a local developer here in Perth to turn my ppor into a multi unit site and house lots and sell all of them off as house and land packages. The developers offer is for a entry level into the JV of $1.7 million plus a...

Hi, am very new here and are some what confused as to the right path. My family home of 15 years has been rezoned from semi rural to now R30 for 7345 sq.m and R20 for 2852 sq.m. I have been visited by "shrewd" people who have offered $1,350,000.00 for me to walk off the land. Being some what...