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Hi all, I'm converting a PPOR to IP and I'm comfortable with structure of loan etc. What I'd like to know is whether or not I need a valuation for the purposes of calculating the capital gains tax later on if/when I sell. As I understand it, the capital gains will be assessed based on the...

Hi all, can anyone recommend a conveyancer in north or north-east Melbourne that they've used recently? Feel free to PM me if you prefer. What's the going rate for conveyancing services these days? Cheers, Richard

Hi all, looking to buy my 2nd IP. I have enough redraw in the loan on my 1st IP to cover the deposit and then I intend to refinance both loans such that there is 80% LVR on the second IP (ie by releasing further equity in the 1st IP). Can anyone see any problems with this? (given that the...

Hi all, I have a few questions regarding a potential sub-division scenario. Would love to hear some input from people who have done this before. Details are as follows: Current property is an IP in Preston rented out via a real estate agent on a corner block ~ 500sq m. House is situated on...

Hi all. First of all, I'm new here so big Hello to everyone :) Moderators please move if I have posted in the wrong section. I bought my first IP about 6 years back and haven't really done much since then. It's a 2BR house on a corner block in Preston VIC on ~510 sg m of land and I always...