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  1. J

    End of 6 yr PPR Valuation

    Hi Guys Do you know any valuers in Brisbane and their fees . I need a valuation for end of 6 yr PPR and would like to talk to someone about it . Thanks
  2. J

    Rent Due After Lease End Date

    Another Question The House Has Been Left In An Unsatifactory Condition By The Tenent. The House Is Sold But I Am Concerned That The Buyer Will Not Be Happy At The Pre Settlement Inspection. The Bond Would Have Been Payed Out And The Cost Of Clean Up Would Come Back To Us. Any Ideas Before We...
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    Rent Due After Lease End Date

    Hi Guys We Have A Property That The Lease Has Expired. There Was Work Done After Expiry Cleaning Up Etc. This Took Extra 2 Weeks. I Asked The Agent If The Tenant Was Liable For The Extra 2 Weeks Rent And I Was Told That As We Were Not Actively Looking For New Tenant Ie We Had It Up For Sale...
  4. J

    To Trust Or Not

    Hi I have a PPR property in Brisbane and have rented it out for the last 51/2 years. Double block under 1 title can split and have 2 blocks min cost. We may move back in 5 years or so build new PPR on one block and keep ,sell or build IP on the other block. OPTIONS 1To sell with in the...
  5. J

    Trusts

    Hi A while ago I looked into trusts. HDT , Family ,Property. etc I seem to remember that HDTs got some bad press are they still seen less than desirable by tax office . We are thinking about a Family trust to distribute profits from investments ie cash, and maybe later buy IP. Can you give...
  6. J

    REDUCING CAPITAL GAIN OPTIONS legal

    Was what you sold part of a business if so there may be concessions No jrc Just a house Thanks
  7. J

    REDUCING CAPITAL GAIN OPTIONS legal

    Hi Everyone I've made a capital gain,thats good. I will have to pay gains tax but this will be high. Thats not so good Looking for ideas to reduce tax bill. Any ideas??? Can I borrow to buy another house and forward pay interest. Will this create other problems. Thank you
  8. J

    Help Re Contract

    Thanks tom and jrc great feedback thanks. tom, By raising money I mean from us the investors not the banks at that stage jrc, while the developer is registered I believe they avoided having to produce a prospectus for the syndicate by only allowing individual contributions below a set figure...
  9. J

    Help Re Contract

    Thanks BP and Tom The signed doc was not part of the syndicate because it was part of the paper work to raise funds. It was signed on behalf of the developer by one of the directors /partners. There was no wording as to who would repay but the doc has the name of the developer . I thought...
  10. J

    Help Re Contract

    Hi I Entered Into An Agreement To Be A Part Of A Syndicate That Would Purchase Land And Build And Sell. Things Have Not Gone Well And It Looks Like Nil Return. The Main Reason I Entered Into This Was Because There Was A List Of Conditions Signed (document)that Stated That There Would Be At...
  11. J

    Options On Where To Advertise Property

    Hi I have a properrty valued around $900K rented for $1866 per week to Government ( council) till late 2010 +6months+6months options .Where would be a good place to advertise to sell privately.eg on the net some how.
  12. J

    Nab Offset Bank Policy?????

    DOES ANYONE KNOW WHAT THE NABs POLICY IS WITH OFFSET ACCOUNTS EG PORTFOLIO ACC. CAN THEY FREEZE YOUR FUNDS OR USE YOUR FUNDS IN OFFSET ACCOUNT TO REDUCE YOUR LOC IF THEY WANT TO ,SAY IF PROPERTY VALUES DROP AND YOU HAVE FUNDS IN OFFSET CAN THEY HELP THEM SELVES. IVE HEARD THAT IN AMERICA THE...
  13. J

    Tricky Cgt And Ppr Options ???

    We Own 1 Ppr That We Are Using 6 Year Rule . Now Living In Company House. We Are Building A House To Move Into . When We Move Into New House It Becomes Our Ppr And The 6 Year Exemption Stops On The First Ppr. If We Then Sell New House Due To Moving To New Job Or Leaving Town Etc.( Is There A...
  14. J

    6year Ppr Rule

    Hi If You Purchase Another House To Live In , And There For Reduce The Max 6 Years Cgt Exemption On Your First Ppr To Say 3 Years , Is It Best To Get A Valuation On You First Ppr At The Time You Make The New House Your Ppr So That Any Capital Gain Is Taken From That Time And Not From Purchase...
  15. J

    Loan Checker

    Has Any One Come Accross Software That Checks Loan And Bank Statements For Mistakes Are Some Better Than Others, Do The Banks Pay Up.
  16. J

    Valuation Brisbane Asap To Nab Req.

    Thanks Tcocaro no offense taken ist good to to have a laugh.
  17. J

    Valuation Brisbane Asap To Nab Req.

    Tcocaro Glade I gave you something to laugh about. The double block is 2 lots ie can be 2 titles this is a bit uneque to Brisbane, a bit of paper work and you have 2 seperate 400 m2 blocks to sell so it should be close to double a single 400 m2 block. The house next door more realistically...
  18. J

    Valuation Brisbane Asap To Nab Req.

    HOUSE NEXT DOOR SOLD $980K LAND 400 M2 OUR LAND 810m2 IF BUILD COST NEXT WAS SAY $ 400K TO BE GENEROUS THEN LAND VALUE IS $580 WE ARE ON 2 BLOCKS SO TO SELL 2 BLOCKS WE SHOULD BE LOOKING AT $1.16M THATS WITHOUT THE HOUSE. BANK VALUE $1M THANK YOU CAN YOU CLARIFY "AS IF" AND WOULD THE BANK...
  19. J

    Valuation Brisbane Asap To Nab Req.

    Can Someone Please Let Me Know About Getting A Valuation To Nab Bank Requirments. Nab Have Valued Below Land Value And I Need A Valuer To Give Me A More Accurate Value ,hopefully Higher So That I Can Increase Loc And Go Ahead With My Plans. Thankyou So Much
  20. J

    6 Month 2 Property Overlap No Cgt

    Hi Alexlee profit looks close to $250,000, any suggestions
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