Terry_w's Recent Activity

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  1. Terry_w liked Mauve's post in the thread Subject to finance.

    Yes, that sounds more reasonable. Thanks

    3rd Jun, 2020 at 10:35 PM
  2. Terry_w replied to the thread Using savings advice.

    sounds like you could use some tax advice/

    3rd Jun, 2020 at 10:35 PM
  3. Terry_w replied to the thread JV structure for a subdivision.

    The trustee can allow it and it won't be a breach of trust if the deed permits. The trustee could contract with the other party.

    3rd Jun, 2020 at 10:08 PM
  4. Terry_w liked PlatinumProperty's post in the thread Capital gains tax explained.

    Great! Thanks for the help!

    3rd Jun, 2020 at 10:01 PM
  5. Terry_w replied to the thread Using savings advice.

    Sounds about right, but don't forget to split and avoid borrowed funds taking a detour and mixing etc.

    3rd Jun, 2020 at 9:49 PM
  6. Terry_w liked oracle's post in the thread How Long Will it take to RETIRE on SHARES.

    S&P500 is 47% higher than where it was 5 years ago and 9% below its all time high (excluding dividends add another 2% pa) Definitely...

    Screen Shot 2020-06-03 at 9.14.29 pm.png 3rd Jun, 2020 at 9:44 PM
  7. Terry_w replied to the thread Capital gains tax explained.

    It might or might not. Tax Tip 165: Not all Main Residences are Exempt from CGT...

    3rd Jun, 2020 at 9:44 PM
  8. Terry_w replied to the thread Capital gains tax explained.

    That is a very broad question Traditionally capital gains were not taxed as they are not 'income' but in 1985 they were made into...

    3rd Jun, 2020 at 9:13 PM
  9. Terry_w replied to the thread JV structure for a subdivision.

    A JV is not an legal person or even a tax entity so could not pay a caveat. A JV is 2 or more persons/companies working together on a...

    3rd Jun, 2020 at 9:04 PM
  10. Terry_w liked KingBendtner's post in the thread Subject to finance.

    I'm with @Terry_w Push back and meet in the middle, 14 days seems quite reasonable with pre-approval already in place

    3rd Jun, 2020 at 8:45 PM
  11. Terry_w replied to the thread Subject to finance.

    would you consider say 14 days?

    3rd Jun, 2020 at 8:20 PM
  12. Terry_w liked JJRomeo's post in the thread Transfer Joint Tenancy to Tenancy in Common.

    Thanks for the quick replies. These are great and very helpful!

    3rd Jun, 2020 at 8:18 PM
  13. Terry_w liked MIana's post in the thread Can you have 2 PPOR Loans.

    @Terry_w I got it. So as long as the property generates income, you can claim interest as expense no matter what the loan product is.

    3rd Jun, 2020 at 7:01 PM
  14. Terry_w replied to the thread Subject to finance.

    That is rather long for any state!

    3rd Jun, 2020 at 6:47 PM
  15. Terry_w replied to the thread Purchaser wont sign.

    You should seek legal advice about withdrawing your offer - there is no contract until the offer is accepted and no enforceable contract...

    3rd Jun, 2020 at 6:01 PM