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Type: Posts; User: forbsie

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  1. Replies
    19
    Views
    2,808

    Tax on capital gain depends on the purpose you...

    Tax on capital gain depends on the purpose you purchased the property for.

    Buying to onsell for a profit triggers capital gains, buying for the rental income does not trigger capital gains.
    ...
  2. Replies
    5
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    1,396

    You could structure it either way, although seems...

    You could structure it either way, although seems simpler to have the company as the borrower as well.

    Otherwise you borrow, then loan the money to the company and on charge the interest.

    I...
  3. Thread: Due diligence

    by forbsie
    Replies
    3
    Views
    2,627

    What does bankruptcy tell you?

    What does bankruptcy tell you?
  4. I would also look carefully at the structure of...

    I would also look carefully at the structure of the body corp.

    Can have insurance implications.
  5. Replies
    0
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    22,264

    Message: you cannot edit your profile

    I am trying to edit my profile, but get a message saying I do not have permission to perform this function.

    Is it because I am a newbie?

    Do I have to log a specific number of posts to get this...
  6. Replies
    67
    Views
    9,339

    An annoyance, but best to get this sort of thing...

    An annoyance, but best to get this sort of thing done - avoid any surprises when you talk to the insurance company.
  7. Thread: Light Bulbs

    by forbsie
    Replies
    24
    Views
    5,799

    Light bulbs are not a big cost. We make sure...

    Light bulbs are not a big cost.

    We make sure they all work when the move in, and try to encourage tenants to ensure they all work when they move out.

    Anything between these two points falls...
  8. Different investments have different...

    Different investments have different characteristics.

    Property is not particularly liquid, but in the absence of a crisis not particularly volatile.

    The old principle of diversification still...
  9. Replies
    17
    Views
    2,817

    There is an exemption for pre-existing loans...

    There is an exemption for pre-existing loans under the LVR restrictions.
  10. You an also paint the wood. Comes up really...

    You an also paint the wood.

    Comes up really nice, with a cottage feel - if that is your thing.
  11. Interesting views in here! The lesson from the...

    Interesting views in here!

    The lesson from the crisis is that the financial situation of banks can change quickly, liquidity pressures can change into solvency concerns.
  12. Replies
    9
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    1,428

    A terrible tragedy! Highlights the importance...

    A terrible tragedy!

    Highlights the importance of doing things right and hiring the right contractors.
  13. Looks difficult with rising rates

    Looks difficult with rising rates
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