For those wanting to build a property portfolio (residential), would it be advisable to diversify across various states due to land tax concerns?...
2340, thanks for posting the charts. Re "Sydney House Prices and Interest Rates" do you have any data or charts for the period prior to year 2000....
It will be an IP. I totally agree, selling it to buy a residence would be a silly move. You're pretty spot on, have serviceability to buy another 2
Terry, the house is in my name. I had it rented out for only a few years, CGT will be minimal
Thats exactly what I was thinking Connor. New supply will impact both capital and rental growth. However, Im seeing new 2 bedroom apartments in...
I like the idea a buying in different states. I assume you get a tax free threshhold for land tax in each. If you have 5 properties in Sydney...
Thanks for the great reply Nick I've considered these costs. Stamp duty in NSW for a $650K property is approximately $25K. This will be incurred...
I have an apartment in the inner west of Sydney (investment property), and am weighing up the option of selling it to buy a house (with land...
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