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  1. mixedup

    defining your PPOR main residence for CGT

    thanks Paul. Just checking though. You spoke of CGT & land tax choices (or lack of choice) re the PPOR to be used for the period, however is it allowed to nominate a separate PPOR for CGT as for Land Tax? i.e. in the scenario above Property B has to be the PPOR for wife from the Land Tax...
  2. mixedup

    defining your PPOR main residence for CGT

    thanks - can I put forward a scenario to try to confirm in my own mind - so say... * Timeline 2000 - Property A purchased - in Wife's name - both living 2005 - Property B purchased - in joint names - both living here 2010 - Sell Property A * Assume Property A has...
  3. mixedup

    defining your PPOR main residence for CGT

    thanks for this pointer. My reading of this (if I understand) is that if you're moving from a period of (a) wife owning PPOR1, then moving into (b) joint owned PPOR2, then you probably need to acknowledge PPOR2 property as both of your PPOR from the day you move in. That is if the option where...
  4. mixedup

    defining your PPOR main residence for CGT

    isn't that for when you've rented?
  5. mixedup

    what items can be included in cost base? for property not rented out?

    thanks Mike - not sure how I missed that page :rolleyes:
  6. mixedup

    defining your PPOR main residence for CGT

    I have a question re this: https://www.ato.gov.au/General/Capital-gains-tax/In-detail/Real-estate/Treating-a-dwelling-as-your-main-residence-after-you-move-out/ So in the case you have had two properties of overlapping periods, for which you haven't rented either, and you have lived in both...
  7. mixedup

    what items can be included in cost base? for property not rented out?

    Anyone have a list, or a link to, what are allowable items that one could include in the calculation of Capital Gains, in the case the property has not produced income (not rented out), but wasn't the PPOR? Items I have so far, but wondering if there are more are: Settlement Costs Stamp...
  8. mixedup

    Salary Sac to Super vs Putting $ on IP Loan???

    Salary sacrifice can be a large win over loans Courier Mail article :) Salary sacrifice can be a large win over loans
  9. mixedup

    Salary Sac to Super vs Putting $ on IP Loan???

    great info/replies thanks - seeing it seems significant I can note I'm about 12 years out from being able to access super (at 60)...however I have the ability to acquire additional IPs (if I can convince the boss) using equity (buffer) so my specific question will still be valid here I think...
  10. mixedup

    Salary Sac to Super vs Putting $ on IP Loan???

    thanks Scott - so is my logic/comparison correct then from your point of view?
  11. mixedup

    Salary Sac to Super vs Putting $ on IP Loan???

    :) wanted to stick to just understand if my comparison of these two options is correct for the moment...
  12. mixedup

    Salary Sac to Super vs Putting $ on IP Loan???

    It seems much better to put any spare money (from your job) to super via salary sacrifice then it does to take it and put it on your IP loan. I've put my notes/calculations below. Just after some confirmation I'm not missing something here or made a mistake in calculations? I've attached...
  13. mixedup

    Rental Property Selector App

    Rental Property Selector App (IOS & Android) Are you looking for an investment/rental property and want an Easy-to-Use app to do quick evaluations of feasibility? Are you tired of the detailed finance apps that require you to manually type in all the various costs/amounts via the keypad? This...
  14. mixedup

    Do property values generally go up when a newer suburb/area if developed adjacent?

    Do property values generally go up when a newer suburb/area if developed adjacent? Looking at some various areas along the sunshine coast where there are existing houses in the suburbs along the coast, but then there are new developments starting just behind (i.e. to the west). So in...
  15. mixedup

    a few basic rental yield calculation questions?

    Re my question a) - I was just after advice re what would be the correct financial term (if there is one?) for the specific yield calculation formula that described (with an example calculation - see my original post). Let me know if you need me to clarify the formula & example further.
  16. mixedup

    a few basic rental yield calculation questions?

    Just to do some "rough" calculations when looking at a rental property any advice on any of these? a) What's the term for the final after tax "profit" divided by property value? Is it Net Yield? i.e. if property was $500k and annual income (rent - expenses - interest + tax benefit) was...
  17. mixedup

    Is trust more cost effective for this simple scenario?

    but if he had sold in 15 years time, then the $48k would only be ~$23k in today dollars (@4%) correct? Also at that stage if they had both retired it wouldn't make a difference either way as the capital gains would apply against their income for that year correct?
  18. mixedup

    Is trust more cost effective for this simple scenario?

    ok Terry :) But like, overall, as a really rough rule of thumb, if you say were single/working, still had 15 years of income, and negatively geared property it would "generally" be the case for the first couple of property (before land tax impacts) that buying in your name would be...
  19. mixedup

    Is trust more cost effective for this simple scenario?

    ok Terry - so this would be a much more straight forward way to (a) get the negative gearing benefits for the next 15 years, but still have (b) a way to pass onto children in a manner that doesn't trigger capital gains tax/stamp duty etc then? Do I understand things correctly?
  20. mixedup

    Is trust more cost effective for this simple scenario?

    but then, assuming you don't get negative gearing benefits in a trust (?), the capital gains tax impact in 25 years time, wouldn't be too much speaking in todays dollars right? So the immediate real negative gearing gains over the first say 15 years you would think would outweight them? (or am...
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