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Hi all, If a disc trust sells its property does the profit have to be distributed straight away? - what I mean is is there anyway for the trust to retain the money in the trust and use it to purphase another property.. rather than distributing it if that makes sense..

Hiya, If I buy a property as trustee of a normal disc trust. Then before settlement I change the trustee to someone else, does that sound doable? Could it 1) Give the seller a right to say O&A void and get out of sale if they wanted? 2) Cause us to have to pay stamp duty twice? (im in WA)...

Hi, Been sent a letter from the bank saying the IO term is coming to a end and loan will revert to P&I. (banks are Westpac & RHG) Do u know can I still keep these loans at IO? The letters read like I dont have a choice and P&I is now my only option? WHy do they have these 'terms' as such...

Hi all, Im looking at buying a property and splitting it into 3. I can get a long settlement which means I will obtain the DA on the property before settlement. As I understand If I then on sold the land at a higher price with the DA that would be a normal flip (just learning about these)...

hiya If I buy a property with my SMSF can I split say off the rear block and sell the block (retaining the house). Where would the money go? - will it always stay in the SMSF? Same thing could I just buy a vacant block and split it? or is vacant land not allowed with SMSF's.. Thankyou...

Hi, Anyone used a online or phone accountancy type service for queries etc..- searched on internet and kind find anything (except lots for other countries..) Thanks

hi, Not sure if this is right forum but Im sure similar situations out there.. Im a salesperson on commission. I want to involve my wife as my assistant. she will man display home do other duties, be involved in sales etc.. To split income to wife can I do that as a sole trader?? (currently...

hiya, Ive read a lot of posts re discretionary / family trusts and how they can provide asset protection. Can someone explain please if a trust holds one property only and say property sold at a loss - is the trustee personally liable for the loss? Or visa versa say a trustee went insolvent...

Hi all, My parents are looking to refinance thier io PPOR home loan which is with RHG so up around the 10% mark.:( There dates of birth are 1942 & 1950. Income is just the pension which is around $940/ftnight between them. Theyve been with RHG about 4 years. Rate started out as 'normal' but...

Hi All, I have a small development property I want to buy and split. Price is 350k, will take 6 mths to split on 3 titles, yielding about 100k profit. Im looking to involve a partner or two and actually do this regularly. My question is can anyone recommend what sort of buying entity is best...

Hi! Our current loan with rhg is as a trust (trustee for family trust) So the title & docs are in trustees name we want to change the trustee which is easy to do by a minute of the trust. but do we need the banks permission to do this - I assume we would need to notify the bank and the new...

Hi All, Anyone know how to get on realestate.com? I want to sell privately some house & land packages.. But u need to be a real estate company to list on here? Maybe theres a realestate company I can pay a fee through that could let me list on this website? Any thoughts here be great...

Hi All, Is there any way these days to do a investment construction loan at low lvr (40% - about 200k lend) but applicants are both full time casual in new jobs? 2 mth & 4 mth, though same industry for looong time? Plus applicants would be both around 60? Any options anyone can think...

Hi all, Seems that new with new policy most lenders require 3% savings now...? For first home buyers does anyone still do 95% lend with MI capitalised without requireing any genuine savings (ie. use the 14k grant only)? Thanks!!

Hi All, Im still the proud owner of a few RHG loans, one of them is thier premier Low DOc 500k+ loan product.;) My question is the rate on this dropped today to 7.7%, which is the same rate (actually a tad higher) than the other exactly the same loan products (Noodc 80 loans) taken out at...

Hi, Anyone know if the 21k FHOG for construction applies with vacant land to be built on? ie. can one buy a block and then get the grant if they construct within a certain time frame? Thanks Grant

Hi All, Looking at selling a house to someone who lacks the deposit. If I lend them say 5-10% deposit interest free say for 3 years. Does anyone know does the interest free loan need to factor in thier serviceability - and if so how? Would the lender mind the deposit coming from the...

Hi All, Trying to find out how this works. If say I have a property Im confident can get a bank val on for 300k. I want to sell to someone who has no (or not enough) deposit, ie. I give them 30k toward deposit (so they get it for 270k). How does the bank view this? will they only value the...

Hi All, I have for sale a 910m R30 vacant triplex block 220k. It has full WAPC approval to subdivide as 3 vacant lots or local shire DA to build 3 units. If just split as vacant lots total cost to meet all the WAPC conditions would be approx 30k, as conditions are straightforward and it...

HI all, If I sell a house, can I write in a clause saying - " if a better offer comes along before this contract is uncon then I have the right to terminate this contract and go with higher one"??? or something like that.. Any speedy answers appreciated! Thanks! Grant