Thanks Paul. In this instance, the valuation may end up about $20k-30k less than the costbase. This is purely going off of recent sales where...
The valuation is likely to come in at less than the cost base. What should I do? TIA
Thank you all. Noted to get legal advise + weigh up the cost of splitting vs tax deduction benefits. While we are clear on purpose of funds,...
Thanks Peter & Terry. Clearly, I need professional advice on the lending to each other bit. Just on the point of having a separate account...
Partner and I hold real estate under our own names. no joint loans or any other finances. This has helped with borrowing power, so we hope to...
IP is a small 2 bed weatherboard home. long-term tenant in place. Currently have planning permit to extend and renovate it (add an extra...
Thanks, intention is to occupy and run a small business. So not looking to get tenants after settlement.
Thanks Rolf. For my circumstances does that mean better to find one with a lease and move in once lease ends?
Seeking advice and direction. TIA :) Current Status: 3 IPs done. 1 new IP being built in 2024. DINKs. Renting. Assets have been held...
Purchased 5+ years ago. So it stacks decently (for VIC). but agreed, current prices in the region aren't great for small developments.
Not equipped to answer most of your question. But re. your current PPOR, if you lived there more than 1 year, it will likely be CGT exempt if you...
What exactly should I tell them? that I'm moving out? I thought after living there for 12 months I have met my obligations. The average time on...
Thanks for this info Peter. good to know this.
CONTEXT PPOR was purchased as FHB. Have lived there 9 months now. Received stamp duty concession on purchase as a FHB. Not the FHB Grant as...
have heard the reasoning that screwing the property investors like this is 'the only lever the state had left...since fed govt won't help'. Is...
That makes sense for sure. Don't see most corporates actually doing this, that's not how they work - at most, free pizza on Friday if you come...
Haven't heard of that practically working anywhere though. Output is output. Roles that are eligible to work from home can measure their...
If you can do your job remotely, and companies try to force you back, on the longer term it will affect overall productivity and staff turnover....
Seeking pointers from the braintrust Holding a new planning permit for a rear townhouse build in the Geelong region + a reno & extension of...
Very insightful Simon. In case you are aware, this would apply to the apartment market in VIC as well wouldn't it? Pre-COVID, there was talk...
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