Recent content by InnerWestie

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    Property ReSales

    My bad, misread it :)
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    Property ReSales

    A 20% gain in 4 months? That's my kind of recession :)
  3. I

    How do you stay motivated?

    I agree with this completely.
  4. I

    Under-quoting still happening

    ..............+1!
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    Gold price over $US1600/ounce

    Yep, a decent jump in anyone's language!
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    Wanna buy first property

    Welcome to the board and congrats on the marriage, the baby and your decision to buy a property. One question, rather than buy in Brisbane, why not continue to rent and buy an IP as per your suggestions in points 1 and 2? My feeling is that Sydney is better placed for CG than Brisbane at...
  7. I

    Having 6 out of 16 properties vacant!

    Thank God for NSW!
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    Renting out PPOR, preserving PPOR status for later sale.

    Thanks mate!
  9. I

    Renting out PPOR, preserving PPOR status for later sale.

    Sorry, I thought I was posting this in the Accounting section, can a mod please move it for me... Thanks.
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    Renting out PPOR, preserving PPOR status for later sale.

    Hi all, I am sure there is a thread about this somewhere, however my searches have been unsuccessful. I am planning on relocating for a 12-24 months and renting a house in my new location, in the meantime I will be renting out my PPOR. I am sure that I can preserve the PPOR status to ensure...
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    Buying or Renting In Small Country Town

    +1 Rent where you want to be and buy where others want to be...
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    What does "affordability" mean to you?

    Amen to that.
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    450K Sydney house for a FHB couple

    I would agree with this...
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    what makes property price in Australia (Sydney in particular) overpriced ?

    No, I am suggesting that it is a ridiculous suggestion and your ideas are unneccessarily complicated and founded on a false methodology. Exactly, most Australians have been craving a more complex tax system, you should contact the ATO and pass on your suggestions. I am abundantly aware...
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    what makes property price in Australia (Sydney in particular) overpriced ?

    There are a number of fundamental errors in your suggested 'sensible' framework. Firstly, you suggest that early losses formerly countered by NG would be applied against future capital gains in a 'sensible' system? Would these losses be indexed at the rate of inflation or would it be a case...
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