New Years
- Thread starter Demoivre
- Start date
if it's an ip make sure that it settlers after the 1st January so that you don't get hit by land tax.
We have just purchased at auction with settlement being pushed back from the 30th December 2014 to 5th January 2015.
Like Scott stated, better for land tax.
Our conveyancer is working as is our PM who has listed the property for lease.
Like Scott stated, better for land tax.
Our conveyancer is working as is our PM who has listed the property for lease.
Any reason why conveyancers don't work during that time?
Yeah, the settlement has been pushed after.
Cheers
If it is in wa, land tax is assesed by the financial year ie if owned at midnight on 30th June, not january.
Have had a lot of trouble getting properties settled within the fortnight after Christmas. It is mostly the conveyancers or solicitors. Even if yours is available, it doesn't mean the vendors will be. I recall knocking on locked doors of solicitors offices one year to try get a settlement sorted out.
Also ask yourself if you really want to own the property any time between 15/12/xx and 15/01/xx. This is usually the worst time of the year to try find a tenant. The best time of the year is usually 15/01/xx to late Feb.
Also ask yourself if you really want to own the property any time between 15/12/xx and 15/01/xx. This is usually the worst time of the year to try find a tenant. The best time of the year is usually 15/01/xx to late Feb.
It's a common time for anyone to go on holidays. Makes even more sense for those in the real estate industry to take time off over this period as things are a lot slower.
Cheers
Jamie
Especially solicitors (and therefore conveyancers) as the courts are closed over Christmas.
I know that the conveyancer I used in Sydney recently, www.swiftconveyancing.com.au are open during the Christmas period as I read it in a recent newsletter I received so some must still work.
