Question: How do I find out if inherited Investment Property was considered PPOR before it was turned into IP for calculating CGT on sale? Back...
Hi All, If one uses the govt rules to transfer property in a settlement in family law, but you do not wish to hold for long term, am I right in...
Hi Brains Trust I believe, many many moons ago, I read the answer but doesn't hurt to double check and re-ask. We have already sold an IP in...
Just throwing it out there. I appreciate some helpful tips you have used
What delivers a better outcome in the following scenario for an asset that appreciates over 5 years and is then sold: 1. Asset held by a...
I have been contemplating moving to US. Current thinking is at least 5 years but can potentially move on permanent basis as well. Want to minimize...
If the following has already been answered, please provide links as i was unable to find this scenario.... Secondly, if there are any...
Scenario: I want to purchase Property #2 (IP). I currently reside in Property #1 (PPOR). I change my existing loan for Property #1 (PPOR) into...
Hi all, I’m a big fan of this forum and frequently find myself reading thread after thread. I recognise that there is a wealth of knowledge here...
As the title states. We own a property that has been rented for the last 8 years. We want to eventually knock it down and build our own home to...
Hi, I purchased a place in July 2015. Initially moved in to renovate it for 6 months. It’s been rented out ever since. About to go on the market...
Hi all, I have a property that has been damaged totally by a tenant. The insurance has paid me a small amount for the building and my contents...
Hi Everyone, I engaged a builder to build a Duplex for me on my vacant block of land I had purchased. After the Duplex construction was complete,...
I've just been given an offer on a house that I've got for sale with a 90 day settlement on it, which means that it will settle next financial...
I'm a Kiwi and moved to Australia back in 2004. I already owned an IP in Auckland (purchased in 1998). Unfortunately, I was unaware of the need to...
To be able to claim interest against income, there needs to be an expectation of income. Some shares do not pay dividends and there is no...
Hi all, now i'm pretty sure cgt doesn't apply but wanted to ask anyways if i buy a property and subdivide and build a house at the back and...
Quick query on turning an IP into a PPOR.. If I have owned an IP for 5 years but never lived in it, If I turn it into a PPOR will this entitle...
Ppr gone from 2.5 to 6 million in 4 years. Thinking duplex. Or maybe just large fancy house. Main thing we think what we want is to stay here in...
The general rule is that capital gains income will be disregarded by lenders when they are calculating serviceability. It is considered that the...
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