Recent content by jlamba

lol I think that is a bit of a exaggeration.

I know exactly were you coming from. After about 8 mths of looking I bought a brand new BMW, 2 mths later i sold it to finance a project. Lost a stack of $ on the car but made more with the deal. Investing may just simply be in our nature.

Hi All, Thank you all for your feedback. After some thought I have respectfully decline the offer. Regards,

Hi Rob, That’s great I will revise the attached links. I find it difficult to say but in that case we may be better off not selling until point three. Hopefully this is a long time coming times two. I wonder how the CGT will work with this scenario…..

Hi Tobe, I guess we could purchase the property @ 240k and take on their existing loan and then collect rent from the property it will work out less than 500pcm each as the house will return about 1400pcm. But I think if my parents were to pay CGT on this type of transfer then the purchase...

Hi wobbycarly, Thank you very much for your post. I clearly need to speak to my accountant regarding stamp duty and CGT. I was under the impression that the house could be given as a gift to avoid double stamp duty, at this stage I have no backing on this and could be completely incorrect...

Thanks Ridin-High, your signature may be completely relevant in this situation. Look forward to your feedback....

Hi All, Im very interested to see your perspectives on this. My siblings and I (three of us) have been offered a considerate deal my parents. I will try and be as detailed as possible; • There was an offer made to us by my parents to purchase one of their investment properties well below...

Hi Nathan, I'm no expert, I remember some time ago I was enquiring about this for my self. For what its worth I think your calculations look correct.

Hi Y-Man, I would be interested in this, 'tentative' as I also need to see how my day goes. Kind Regards, James

I see your short term investor tinted goggles are still on Wunderbar

so simple ! that's great. I will enquire.

Hello, I think you may be referring to; http://www.refindhouseprices.com

:) So I take it you send water rates etc directly to the RA?

Very good point would be much easier. Is that something that REA would normally do? - Pay rates, council & water rates etc