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So I was watching grand designs this evening and the couple had bought a house, never lived in it.... They made the comment that at the expiration of 4 yrs if they didn't move in they lost the right to nominate it as PPOR (and claim CGT exemption on selling) FOREVER.... I have a place in...

I would love to have this cleared up too - I am looking to purchase again shortly and this would make a fairly large difference !!! Anyone out there with the goods on this ??:)

Not a problem.... I get better economy out of a 3 bedroom place BUT and it is a big BUT there must be 2 bathrooms (preferably 3 but thats rare) and the second bathroom should be convenient to both other rooms. AC is a must up here, fans are a bonus. Preferably splits to each room and one...

I work for one of those "engineering/construction" companies and am currently mobilised to Darwin. I look after our accommodation for a large FIFO/local workforce and have a lease on about 30 properties in Darwin.... I reckon I am pretty well tuned to whats happening. Our blue collar 3...

So what I can take from this is that expanding ones IP portfolio is not a good idea right now. I am already paying down my mortgage by an extra $1500 a fortnight on top of the minimum payments - I just feel that I could be expanding the asset base for exposure to growth. Is this not a good...

I have spare a spare cashflow of $175pw or for making it neat - $350 a fortnight. I would be interested to hear opinions on where this money would be best invested. I have previously gone with the comfortable agenda of close to CBD house with land content, for capital growth but invariably...

This is how I see it too Wylie. I live/invest in Seven Hills which is next door to Camp Hill. I couldn't afford Coorparoo. Thats where the rich and famous live;) Its a nice area IMHO. We looked seriously at buying land in Melbourne St and in hindsight am spewing we didn't but its always 20/20...

a mate sent it to me .... its from the Eureka Report. While they are more focussed on equities as an investment vehicle they also dont mind property and write some articles from time to time. Not trying to espouse any views - just for information only.

Timing is everything: now is the time to review your property interests. Today I want to deal with the idea of the perfect property portfolio. Diversity is about being selective and discerning within the context of spreading risk. Prudent diversification occurs over time, and aims to fill...

Interesting point of view YM. How long ago did you "go to Seven Hills" Did you have a look at all of it? Or did you drive through one street and make your call? $1m for uninterrupted city views, 4.5km from the CBD is pretty comparable to "suburbs next door" including Norman Park...

I was at an auction yesterday .... buying stuff for my company and I happened upon a pallet full of split system wall units.... just the bit that fits on the wall - not the compressor. I bought 12 of them for $150. I plan to keep them and buy a large compressor to run them.... I dont...

Interesting you say that Boomtown ...... 99% of brisbane locals have absolutely no clue that the suburb even exists. I like it that way. Its full of $1mil homes now.:D

Mine was in beautiful Seven Hills, 4.5km southeast of the CBD.

I had similar results .... . Last valued at $445k in April 07... + 19.1% in April 08.

My land does not earn an income..... so after tax I am about $3500 a year out of pocket. The CG for last year alone was $15,000. I am comfortable with that as an investment. IP2 is costing about $34,000 a year to hold. Income is only $17,000. So I have to fund it out of my own pocket. My...

I dont know if I qualify, I'm 30 so I'm on the cusp ..... Had a great upbringing, scored a scholarship to a nice private school and did really well at school. I went to uni, and finished a degree .....only just .... before I went off the rails and decided to live a life of drugs.... I was a...

What an interesting post .... I believe the Japs actually made landfall on Australian soil .... On the Anjo Peninsula near the Truscott airbase NNW of Kulumbaru (sp?). Went there a few weeks back to have a look around at the remains of the American army that based themselves there at some...

That's great Keithj .... thanks for clarifying. Just something else I was meaning to ask. How do you determine which property is own by the DT and which is owned by you directly? Is there a specific way in which you decide which goes where or was more an evolutionary thing ? Thanks again...

Fantastic thread Keithj. Just so I can clarify it in my mind... The IP's are all owned by you directly. The Margin Loan (and shares) is owned by the DT So in effect, your statement above means you draw down the equity from the IP's .... you then loan this money to the DT ..... the DT then...

Touche' and they would probably work hard for the money ..... the calibre of people we get for well in excess of $120,000 for a cleaner and $130,000 for a trade assistant is gobsmacking..... I still can't fathom why people aren't falling over themselves to get money like that .... especially...