Thank you for the reply. My accountant suggested to use a trust for small development.
Yes, agree with that. I just made appointment with my accountant.
Also, should I use personal name for the project or use an ABN?
Sorry I am a newbie in construction, do you mean I apply for subdivision from the council after I built 3 houses?
I want to buy an existing house and subdivide it into 2 or 3 lots immediately without living in the house. What are the loan options I have?...
I am looking to purchase a house and start subdivision process immediately. Should I purchase the property under an ABN and manage the finance in...
I spoke to a few people who are doing sub-division. They said it is bad idea to purchase property listed because the price is higher and hardly to...
Thanks guys!! Your explanations clear my confusions! At the end I still need to generate more income to borrow more!
I have question regarding buying second property via equity. Is the equity consider as part of the amount in my borrowing power? Example Owner...
Thank you for your reply. You have some good questions there! What do you think is the reason for 700sqm land being priced as the 380sqm? I guess...
Let's say I found 2 houses at the same suburb and around the same price. The only difference is the land size 700sqm vs 380sqm. Which one is...
Interesting article. I not understand what is the problem. Do you mean homer sold his house to a developer for $2mil?
I am more than happy if he want to help me.
Hi Guys, I am planning to build a house myself in Adelaide but I heard some horror stories buying House & Land package. I am wondering if there...
Thanks for letting me know! I didn't know old property does not have GST. I always think the stamp duty is too expensive to buy an old property....
Targeting to rent it out. There are a lot of international students renting this apartment because there are attending the private school. 2 bed...
Interesting, I did considered options 1, 2 & 3. However, I never think about the 3rd option? Do you mind to explain how option 3 works? Now I am...
Currently living in it but I want to move out because I have kids now. Thinking to either buy or rent landed house now. But I don't have enough...
I thought it is at a good location and not a lot of apartment in Adelaide CBD that time. And yes, it is high rise with pool & gym! which cost...
My opinion it is a good location because it is 5min from tram stop and walking distance to good public & private school as well as 15min walk to...
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