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    3 titles (neighbours) in a line, pitfalls?

    Appreciate responses. Multiple parties does of course complicate however we all bought around the same time for similar amount, and have had preliminary discussions which were fruitful. We have only had discussions with one agent. Fees around 1.1%. We have received verbal offer (only one of...
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    3 titles (neighbours) in a line, pitfalls?

    hi, would greatly appreciate realistic advice re pitfalls/concerns of the complications arising from 3 neighbours selling in a line to developers. each title is very similar size, we have received proposal from developer and rather than accept this offer have decided to list with...
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    legit?

    Thanks Terry, yes, I will have a CPA clarify before I gift the funds. I appreciate the pointers, cheers Adrian
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    legit?

    Greatly appreciate for your thoughts. After looking at various options the current plan is to gift (after tax savings) money to the trust which then lends it to us jointly on commercial basis (to buy the property) but will only require payment of interest &/or capital a) property sold b)...
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    legit?

    My wife (and or I) or our family trust are about to purchase a block of land that (one of the aforementioned parties) will develop, resulting in an income producing investment property. We have the funds to buy it outright but we would ideally like to generate interest by a) i (low income)...
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    better; mixed use terrace or residential?

    kis - keep it simple the missus wanted it gone b4 we copped another $4k land tax. the property had been let commercially ds (old takeaway/hot food joint) & residentially ups. but after the commercially tennant left we had a few backpackers living downstairs for a while. we paid GST on 1/2 the...
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    (selling) agents fees? inner city, sydney

    having sold with a certain I van many years back when he worked for John, we paid the 2%. pretty swish outfit now. could'nt fault their work. tho i'm not sure who's responsible for the fella who inspected it the day of auction and came home trumps. we were pretty pleased with the outcome...
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    Steve Keen-where are you now?

    interesting article, surprising author http://www.businessspectator.com.au/article/2013/10/21/economy/economics-odd-couple-highlights-nobel-folly
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    Steve Keen-where are you now?

    bubbly? I'm glass half empty on this. when the reserve says there's not a bubble, yet. when r shiller says "bubbly", when interest rates are unlikely to fall cause inflation is becoming evident (therefore more likely to rise), when there has been a good runup (in asset value), i think its a...
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    income protection - lump received - opinions sought

    Thanks for your helpful advice. I have spoken with ato income protection specialist, who advised if lump sum in arrears it would be considered in relation to previous tax returns, if not lump sum in arrears (evidently stipulated on paperwork that accompanies lump sum payment) then I could...
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    income protection - lump received - opinions sought

    hello, have spent a few hours searching but havent found definitive answer & was hoping a member may have knowledge or can suggest where I could investigate further. I have had an income protection claim finally negotiated to a satisfactory outcome. receiving lump sum for approx 80% of claim...
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    better; mixed use terrace or residential?

    we are preparing to sell a terrace (darlinghurst nsw) that has mixed use (as appointed by nsw valuer general) of 31% commercial & 69% residential (essentailly the front two lower rooms were opened up as one and used as hot food bar/takeaway (presently totally vacated), whilst the rear & upstairs...
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    (selling) agents fees? inner city, sydney

    thanks for your advice regards adrian
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    (selling) agents fees? inner city, sydney

    hi we are planning to sell an IP. My inner cynic says the big name RE agents collude. Could anyone please advise what amount fees ($s, or %) is reasonable for large unrenovated terrace? ($850k at last valuation - 2.5y ago) Am planning on scaling %, ie exceed certain (reasonable) price...
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    Calculating Capital Gains Tax for buying & selling within 3 months?

    just settled... then large offer made hello hoping for some direction please bought new family home, settled last month, old family home now on market as we have moved into new family home, old home going to auction in a few weeks substantial offer (up 20%) made via agent on new family...
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    office/shop & dwelling

    hello firstly have been lurking awhile, terrific forum with many knowledgable members my wife owns a 2 story terrace in a residential (2b i think) zone. upstairs tenanted residentially, downstairs previously shop but i plan to renovate and relocate my sme there currently commercial mortgage...
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