Recent content by Goyco

Thanks everyone for your thoughts It seems to make sense logically that the 12 months clock starts ticking from the date of contracts. It doesn't seem very clear though. The sale yes but not the purchase. I guess I need to keep checking to be absolutely sure Cheers

Hi All I was wondering if anyone has the answer for me. I know that CGT is calculated from the date of purchase to the date of sale. If the period is over 12 months then you can claim 50% reduction in CGT I also know that the date of sale is the date of the acceptance of the offer on...

Hi Boz Nice reply but by any chance do you have data on house prices during the 70's? Did infact prices of real assets rise during this period? If not then rents would have been very high. Either way Governments prefer inflation to deflation simply because everyone feels richer even if it...

Hi Evand Interest rates will go up as inflation goes up, for inflation to go up generally unemployment would be reducing, inflation going up means that goods and services have gone up, that includes property. Property in the past has done reasonable well in a high inflationary environment. So...

Hi All Just a quick question which I need a answer for If I have purchased a block of land in my SMSF and I wish to build an investment property on it, is there a way I can borrow the money inside the SMSF to construct the property? I would appreciate ay feedback cheers

Hi We are in Fiji right now. It is beautiful and relaxing but I think I would rather pay for staying at a resort once every 2 years rather than dealing with the Fiji Time thing especially building. Anyways it is beautiful. cheers Bula

Hi Chilliaa Couldn't agree more. How many times in history do we get yields almost approaching borrowing costs. I think the last time was over 20 years ago. I have purchased well a diversified index fund, 70% shares and 30% bonds. I plan to borrow more against properties to buy as much as...

Hi All Just for the record Docklands in Melbourne 3 weeks ago had 157 properties available for rent. As of now there are 99 and almost half are fully furnished. Things are certainly tightening up. BTW last year 2bed 2bath apartments were renting for about $470pw now the same apartments are...

Thanks Guys I look into it further appreciate your input cheers

Hi I don't believe in Gen X,Y or Z. Anyways what happens when we run out of letters? Humans are humans and will behave in similar fashion according to their experiences and values. No point compartmentalising groups. cheers

Hi All I was wondering if anyone could clear up this matter? I have a newish apartment about 3 years old and apparantly the bathtub had a leaking washer and water damage was caused to the apartment below and some body corporate areas. The body corporate wenr ahead and fixed the leak and...

Hi me too 3450 on tuesday coming 28th do crystal balls really work anyway? cheers

I think you'll find the yield for the All Ords is about 5.5% grossed up about 7% just my 2 cents cheers PS "Always" is a very dangerous word in financial matters

My point is forget sentiment and concentrate on the mathematics. It's much more reliable This goes for the irrational greedy sentiment when yields are 2%, vacancy rates at 7%, interest rates at 10% and capital growth at 20% and all they see is blue sky, the numbers don't add up but everyone...

Hi I just want to know "if interest rates are going to be at 6% and property yields are going to be at 6%, since property prices are supposed to fall at least another 10%" then wouldn't it meam that I could buy a place and rent it out and it is not going to cost me a cent? Maybe I could buy...