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Thanks for your response. You touched on a point that I was not sure about...Even though I have owned the property for longer than 12 months once I subdivide the land do I need to "hold" it for 12 months to get the CGT discount or does the discount apply based on the when the original...

Hi all, I will be checking with my accountant but wanted to get some info from you so I ask him some intelligent questions. I bought an IP in 2005 worth $300K. I have gone through planning and am in the process of subdividing the rear of the property. I am thinking of selling the rear...

My Situation...I've got a variable IO loan with Mac bank with a 5 year "limit". The property the loan is secured against has shown some appreciation within a year of purchasing it and I want to sell it...I've contacted the Bank and they are telling me that I will have to pay break fees etc (not...

Hi all - I own a property in Albion (Sunshine) Victoria and am looking to knock over the existing property and put up a couple of 3br double story townhouses. I would be interested in hearing from anyone who has successfully done this (especially in the area) and would be happy to recommend...

Hi - just wondering whether/how the stamp duty rates differ between buying land (with plans and permits approved) versus property (existing dwelling) in Victoria cheers

Thanks for all the advice guys..I have had a safety switch installed...Would you consider this sufficient?

Hi all, I own a IP (a run down 1950's weatherboard in Albion (Sunshine) Victoria)..It has character as they say and will look good once restumped, painted, polished floorboards etc... It would be my first reno and I am wondering whether I need to rewire the house...On the grounds that I...