Recent content by ron_burgundy?

  1. ron_burgundy?

    Thoughts on this design for First floor

    Hi, We are designing a terrace and just wanted thoughts on the first floor design. Any critiques or suggestions are welcome. If any architects want to PM some suggestions, they are also welcome.:) Cheers
  2. ron_burgundy?

    Yet another CGT question

    Hahaha cheers Terry. Yeah Baxter's doing fine he's made new friends. http://giphy.com/gifs/bear-anchorman-dog-qRMHXAxTWxIm4 This is what confused me: 128-50(3) and 108-7...
  3. ron_burgundy?

    Yet another CGT question

    Thanks terry. What are the remaining 5 cost elements?? Does the cost base include market value for the deceased 50% portion at the time of passing?? What i mean is, does the value of property after death get added to things like stamp duty & legal costs. For example X & Y intially 40k each...
  4. ron_burgundy?

    Yet another CGT question

    interesting topic...I have seen people have to pay this type of CGT in the past. What is the correct method of calculating CGT and cost bases here. From the example: X intial cost base $40k: Y initial cost base $40k then on X's passing the new cost base is $45k Are they added together...
  5. ron_burgundy?

    Borrowing to Develop

    Hi, We have paid off our PPOR, and currently have just received approval to build 3 townhouses on the same site.After reading this website, i see LOC seems to be the easiest way to borrow to build. How do banks feel about lending against a property we will knock down to build upon? What...
  6. ron_burgundy?

    young newbie planning triplex development/block with 3 titles

    thanks for your reply. . the finance part is ok, my job has a steady income and I've been in contact with bank/ loans dept and they seem accommodative to my proposal(thus far). just another question- does the 5 yr GST rule apply to the PPOR aswell if i decide to sell it after a few months...
  7. ron_burgundy?

    young newbie planning triplex development/block with 3 titles

    hi, long time reader, first time poster. young kid seeking help from the brains trust that is somersoft:D A little background: When i was 18/19 i bought myself my first house for an undervalued 200k:eek:, nothing special, 3 bed brick house needed a little work.The draw-card of the...
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