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thanks guys , we have had our projects , one was bought for 225k and sold for 375 k within 12 months, the next year, my other half had to pay an extra 12 k tax , we had sold it and placed the funds on our PPOR, she still thinks she earnt nothing fron it???? i tried to explain that we only...

paying 17k tax is nasty as i know how many neg geared properties it will hold, thats why i built this home , for the equity gains , i think i will have to start again, using the business , and saving up my first deposit, i have somthing in the pipe line as i speak, but the 17k tax hurts as it...

thanks for the laugh , perhaps someone should talk with me , and tell me to stop aiming for the stars , stop trying so hard , and property sucks, :rolleyes: NOT!!

GEE! whiz, i have beaten my head over and over , my other half gets nothing i say about IP's she gets her tax back and the notice tells me she paid 17k in tax , we have about 500k in equity, and her husband is a builder , SIGH" what should i do, ???