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i have been using property manager pro, real easy to use , cost about $90 regards david

hi david a similar thing happened to us ,we purchased three blocks of land next to each other ,from the developer over 18 months period.state revenue office argued that we made a deal with the developer to purchases the blocks at a cheaper price,but this was not the case.our lawyer knew of this...

built two townhouses currently building ip will be finished early next year david

46 wife 41 forklift driver,wife hairdresser 80k 2kids age 11@8 first ip1989 currently have 7ips

I Have Offset Account With Anz And They Dont Charge And Any Extra, If Your Loan Is Over A Certain Amount You Are Entitled To A Discount Rate Of .7%. That Leads To Another Question Are You Better Dealing Directly With Your Bank Or Mortage Broker. Regards David.

Thanks For The Reply Mry When Discussing The Mentorship Program With My Accountant He Was Saying It Had To Relate With Your Current Ips, Not With Future Ips, Will I Be Able To Claim A Percentage Of The Mentorship Regards David

Thanks Stev My Accountant Is Happy To Claim For Two Property Investment Seminars I Attended But Unsure About The Mentorship Program,personally I Cant See The Differnce But I Am No Expert. Regards David

Thanks Cheers The Mentorship Program Is Done By Michael Yardney I Will Claim It As A Deduction, I Was Surprised By My Accountants View. Regards David.

Thanks For Your Reply Steve Currently Have 7 Ips And In The Process Of Building No.8

Hi All Doing A Property Investment Mentorship Program ,thought It Would Be A Claimable Tax Deduction But Accountant Not Sure Your Advice Would Be Appreciated Regards David

Thanks for your reply David Mc have been doing some research found this article To Rent Out Domestic Accommodation on the Land If you buy land with the intention of building a home on it to rent, when you evenually sell, the profits on the sale are a capital gain and subject to the 50% CGT...

Purchased block of land 18 months ago,currently building two townhouses on block of land, both townhouses nearly completed sold one during construction had no intention of selling will rent other townhouse out do I pay full capital gain or am I entitled to the 50% discount regards david

Hi all Building 2 townhouses, half completed, had no intention of selling but had a good offer and sold one. Is capital gains assessed on the completion date of the townhouse or when we first signed the contract on purchase of the block.We settled in November, but actually signed the contract...

Thanks Joanna for your reply I plan to build more houses in the future,I will register for gst and claim credits My understanding is if you claim gst and dont sell you have to pay the credits back + interest. regards david

Hi all I am half through building two town houses with no intention of selling, had a offer to sell one which i acceppted private sale is there a way i could claim gst credits regards david

Enjoy the forum. We have 6 IP's and currently building 2 townhouses, have sold one of the plan. Had no intention of selling, but had a good offer made with no agent fees.We are also in the process of purchasing 2 blocks of land. When sale goes through can we use proceeds of sale to pay for the 2...

Thanks guys for the advice.Talking to real estate agent and it seems some people are buying these for there superanuation.We will still to our plan of buying houses/units, regards Dave.

Would like to have some adivice on purchasing a strata title suite in Hotel complex in Hobart. Operated by Mecure. Asking price 150K,10y lease back with 6x5y option.Rental income 10500 a year,annual fee $770 a year includes all costs (maintainance, rates, repairs, insurance etc`), regards...

Thanks for your reply, it has helped, decided to go ahead and do it, regards David.

Lived in house for 9 years, thinking of renting it out, am wondering if CGT goes on purchase price or on market value when first tenanted,regards David.