Recent content by InvestorAust

""why someone pay $125K when only worth $100k. Maybe sucker or desperate. If do homework they buy other property in same area for $100K. Although many suckers out there. "" 2 Reasons: 1. No Deposit 2. High Growth I am selling to miners - In the last 2 years price have increased by over...

Hi everyone, I've got a bit of a complicated tax question. Heres the deal: Property with $40K mortgage. Sell say for $100K (normal contract) Or sell for $125K (part Vendor finance / part Bank) (property has good potential for upside - major new biz's coming to area) Bank will value...