Thank you I appreciate your realistic insight. I have decided not to go ahead, after seeing my accountant who pretty much said Don't!
Yes that's a practical solution but he sees it as a waste of money.
Yes that was something we were considering...although I think he wants a space just for us away from my kids!
Yes potentially I could I was more worried about the CGT implications and the 6 year rule etc
No he comes to my house ... I haven't been to his for years! Yes but if we bought a traditional unit there would be body corporate fees and rates...
I'm 58 and live with my 2 adult children in my very small home which I own and it needs some major repairs. My partner who doesn't live with me...
I've had an offer on my IP from my tenants who want to buy even though I didn't have it listed for sale. They have offered "some cash" in exchange...
BC is quite low compared to other blocks about $4k pa
Thanks I would just be worried it would go down in value once they start building the tower in front .
thanks for your reply, tenants need to buy urgently as they have other elderly non working family members coming to live with them from overseas...
Thanks for your reply, I's in Greenway with amazing lake and mountain views...which may be partially blocked once they start building new tower.
Yes there is...but I didn't know if this was golden opportunity to have a easy sale ..no agents fees fees if I sell direct etc...but it is knowing...
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