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Hi Iggy If you have held the asset for longer than 12 months then as you said only half the gain is subject to capital gains tax. Capital Gain = $410,000 - $240,000 - $12,000 - $20,000 Capital Gain = $138,000 Tax on Capital Gain/2 * 48.5% = $33,465 Net Gain = $104,535 Real Return on...

Hi All I have had some private messages asking me how I calculated the Gross Yield, Net Yield, and Return on Investment (ROI) as part of assessing the initial financial merits of this deal. I hope this is of some help to other forum members. Here goes: GROSS YIELD Where Gross...

Hi Thommo I really appreciate your feedback on my post. I didn’t think it would stir up such feelings of disapprovement and dismay, I deeply am sorry for that. The message was simply intended to talk through the reasons why I "personally" would not have pursued this deal. Although I did...

Hi Iggy_Type_R I just thought I would detail some of the reasons why I wouldnt have pursued this deal. That is not to say that these are right and only reasons, there are lots of factors at play, but I thought I would have a go. Here goes: Purchase Price = $490,000 Purchase Costs =...