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Thankyou for your replys, I thought it sounded too good to be true, but imagine if you could reinvest without paying CGT that would certainly open a few more doors wouldn't it. Sando.

I was at a party last night and naturally the conversation turned to investing. A friend of mine said that you can reinvest capital gains straight after realising them without paying tax on the capital gains. Is this the case? Because I didn't know this was an option. If so I will...

Thanks for your reply Geoff. I do recall reading an article about two women in Maroochydore running seminars, but I didn't realise they had an accounting practice. They seem quite passionate about investing so it should be good to do business with them.

Hello and seasons greetings, We are not pleased with our current accountant. When we asked him about doing a 221D for improved cashflow he said not to bother because it's better to get a big refund at the end of the financial year which annoyed me to say the least. Anyway we told...

Metier, the way I see it is when purchasing RE I look at the land value as in ,how big is the block, the location of the land, and the zoning and possible re-zoning of the land for future development. The land value in a unit/townhouse purchase is generally low(not always though)and any future...

Good to see some rational discussion on current the state of the property cycle. It appears that the panic merchants are starting to sing, mind you I would too if I had finally plucked up the courage to invest in a CBD apartment at the height of a property boom because everyone...

Jahn, from what I've been told by tradesmen and reno kings is DO NOT sand fibro walls if they have asbestos in them as this will cause the dangerous particles to float everywhere. We are looking at renovating our bathroom soon and have been advised to remove the fibro professionally or very...

Watching the 6pm news on Friday 11th July and heard "Chairman Beattie" state that there will be no railway built to Redcliffe in the foreseeable future due to lack of funding from the private sector, and no new bridge either. This surely is a blow to residents and investors of the peninsular...

keirank, that's when the fine brews come in handy.

Peacock, I believe your expectations of steady growth in Brisbane are definitely on the money. Mid winter and 23 deg with sunshine which is just one of the attractions to this region. The population in this region is increasing fast creating demand for homes. Do your research and i'm sure you...

Kevin there aren't any particular places to be avoided that I know of in the area, and I believe you can still buy well for under 300k with good growth prosprects.

Kevin I think you are on the right track if you are looking around the Wynnum/Manly area of Brisbane. The area has many good attributes such as being close to the water, 15k's from the CDB, railway access and is not far from the rapidly expanding Port of Brisbane trade precinct. In the near...

Sure dt2k, what i did was sell my flash car, paid out the 25k finance, paid off my credit card about 4k. Purchased house at Carina [Brisbane] for 149k March 01 with the help from little Johnny's FHOG. Prices really started to move, December 01 purchased 2nd house at Woolloongabba...

For me it was about 3 years ago at the tender age of 29, and after a decade of decadence I realised I had to get my **** together. My girlfriend gave me a book called The Richest man in Babylon. A good simple message. From 30k worth of consumer debt to 3 IPs worth 1M and mortgage of 680k in 2 years

Hello, purchased nice IP in Wynnum about 12 months ago for $288k 500 metres from the water. Comparible property next street over is on the market currently for 429k. What I like about Wynnum is it's proximity to the Port of Brisbane and the rapidly growing business precinct will drive demand in...

G'day folks, we have decided to renovate our bathroom, the bathroom has old fibro walls and they look shithouse. Should we remove the fibro that may contain asbestos and cause us harm or just sheet straight over the top of it? Cheers.

Hi all, my partner and i took out a loan with aussie last year to buy 50% of a property from my parents with the intention of buying my parents out this year. One loan was setup with two accounts, one for us and one for the parents. When i fixed our half of the loan for 5 years i was told by...

Sanches, I found the Steve Navra seminar quite useful. Steve has some good ideas. It was worth the $286, well I thought so anyway. Interesting to see Geoff Doige sitting up the back corner for a couple of hours. He was quite keen on one of Steve's ideas. Tell me what you think. Sando.

G'day groovers, Thankyou for your kind words. I have spent quite a bit of time lately reading many interesting threads and have already picked up some very useful information and ideas. Also I am going to the Steve Navra seminar in Brisbane. Have any of you been to one of his seminars? Was...

Thanks for the feedback groovers, i've contacted Steve's web site and booked for this weekend Feb8-9. See ya, Sando