Recent Content by kvellimalai

Join Australia's most dynamic and respected property investment community
  1. kvellimalai
    Post

    QLD East Gladstone for investment

    Thank you all for your suggestions. it looks the market is picking up quick as the property i was looking was sold within a week.
    Post by: kvellimalai, 26th Jul, 2021 in forum: Where to Buy
  2. kvellimalai
    Post

    QLD East Gladstone for investment

    Hi Guru's Any comments on Gladstone area?
    Post by: kvellimalai, 19th Jul, 2021 in forum: Where to Buy
  3. kvellimalai
    Thread

    QLD East Gladstone for investment

    Hi All I have a budget less then 400k and looking for a positive cashflow. came across a property in East Gladstone with a good rental return....
    Thread by: kvellimalai, 18th Jul, 2021, 22 replies, in forum: Where to Buy
  4. kvellimalai
    Post

    GST on a new developed duplex

    Thanks Gach2. Need to check a good TAX agent as my tax agent I am not convinced.
    Post by: kvellimalai, 24th Feb, 2021 in forum: Accounting & Tax
  5. kvellimalai
    Post

    GST on a new developed duplex

    Thanks Terry 1. We didn't register for GST. 2, The property was purchased with joint names in the family (Wife and Son). 3. I am not having any...
    Post by: kvellimalai, 23rd Feb, 2021 in forum: Accounting & Tax
  6. kvellimalai
    Post

    GST on a new developed duplex

    Hi Terry Thanks. Bit confused on "it depends " on both. Can you please provide more details?
    Post by: kvellimalai, 23rd Feb, 2021 in forum: Accounting & Tax
  7. kvellimalai
    Post

    GST on a new developed duplex

    Thanks Gach2. when you say the GST is on Margin i make which means sell price minus (land cost+builder cost+ other costs involved). How this can...
    Post by: kvellimalai, 23rd Feb, 2021 in forum: Accounting & Tax
  8. kvellimalai
    Post

    GST on a new developed duplex

    Thanks Paul. The original intention was to develop and keep it for investment. But the situation has changed and i can' keep it.
    Post by: kvellimalai, 23rd Feb, 2021 in forum: Accounting & Tax
  9. kvellimalai
    Thread

    GST on a new developed duplex

    Hi Guru's Quick question. If I buy a vacant land and build a duplex on it and sell, do I need pay GST as well as CGT (Capital Gains TAX)? If yes,...
    Thread by: kvellimalai, 22nd Feb, 2021, 12 replies, in forum: Accounting & Tax
  10. kvellimalai
    Post

    Reinvest the capital gain

    Thanks every one and sorry for the late response.
    Post by: kvellimalai, 2nd Oct, 2020 in forum: Accounting & Tax
  11. kvellimalai
    Thread

    Reinvest the capital gain

    Hi All I am planning to sell one of my property and reinvest in other properties. I am getting around 300K Capital gain and would like to reduce...
    Thread by: kvellimalai, 24th Sep, 2020, 8 replies, in forum: Accounting & Tax
  12. kvellimalai
    Post

    Need Legal and Tax opinion on transferring my IP to my Son

    Thank you very much for all the ideas. Aim is to demolish the house and construct a new house on it for him. As explained by Scott, if I demolish...
    Post by: kvellimalai, 3rd Feb, 2020 in forum: Legal Issues