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Type: Posts; User: jack2016

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  1. Replies
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    thank you again for the advice. if the...

    thank you again for the advice.

    if the property sells under brightline test and makes a profit over 60k is GST applicable?
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    484

    ah i see, thanks. i am guessing then if you...

    ah i see, thanks.

    i am guessing then if you sold the property and make more than 60k, that profit under the brightline test also excludes GST?

    thanks
  3. thanks again

    thanks again
  4. Replies
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    GST and property sale

    Hi if you bought a property (no GST) and then rented it out and it turns out you are getting over 60k a year then you need to register for GST ...

    What happens when you then sell the property -...
  5. thanks that makes perfect sense

    thanks that makes perfect sense
  6. Also saw another development before this one....

    Also saw another development before this one. When I checked for available lots (sections) about 2 weeks after they were officially released, 80% were marked as "sold".

    This was even more...
  7. legal for developer to "bluff" on units currently "under offer"?

    Let's say a developer is developing 50 land (section) lots.

    Let's say I asked to show which lots are still available and it turns out 3/4 of all the sections are marked "under offer".

    Let's say...
  8. how does brightline apply if you swap property with someone?

    lets say you bought a section and then traded with another party in a swap, most likely with no money received, but i'm most likely going to have to fork money to the other party as section is most...
  9. Thank you. Yeah I wondered if Property Guru has...

    Thank you. Yeah I wondered if Property Guru has that information. It must be stored somewhere though, as agents and valuers can tell me very detailed information about houses that are sold in the...
  10. yes but it doesn't tell me anything about the...

    yes but it doesn't tell me anything about the interior/specification/claddding :(

    there is only one comparable property ever sold in that locality
  11. anyone with property guru/core logic able to assist in one property search?

    Hi I'm interested to purchase a property that is extremely difficult to compare with but there is one house which is a close neighbour with very similar exterior and age that was sold in the last 5...
  12. Replies
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    Wanaka house prices for 2020?

    Wanaka is a weird market - the working class in Wanaka cannot afford to buy houses. Yet in the past few years more than 2X more house have been created than there were existing houses, expanding the...
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    is decramastic tile roof bad?

    is decramastic tile roof bad?
  14. they don't want your labour. they have kids in...

    they don't want your labour. they have kids in africa to do that. just harvest all the organs.
    https://www.wsj.com/articles/the-nightmare-of-human-organ-harvesting-in-china-11549411056
  15. Vendor risk double commission if listing with multiple agencies?

    I was asking around about listing my property and an agent told me I would be risking paying double commission if I list with multiple agencies.
    Is that true?
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    The REA will give you an obligation-free estimate...

    The REA will give you an obligation-free estimate of property value, and you can get a few agents to estimate.
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    Mortgage broker in Dunedin?

    Hi I'd like to take advantage of the lowest interest rate possible but I'm based in Dunedin ...
    Can anyone recommend me a mortgage broker in Dunedin?
    Thanks
  18. Replies
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    when did it get a CCC

    when did it get a CCC
  19. Replies
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    1,892

    i don't think the 1.36 on homes is accurate - it...

    i don't think the 1.36 on homes is accurate - it has been extensively renovated in 2016 - every bit "looks" new inc completely rebuilt areas, 275m2 on 616m2 with views, cul de sac etc ... but hey I'm...
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    Do you know during which year he bought his house?

    Do you know during which year he bought his house?
  21. no 4: take photos of evverything the hour you...

    no 4: take photos of evverything the hour you move in. then forward any mess/rubbish/damage to LL/PM to lodge it's already there. when i was a student in Dunedin i moved in to a messy house and got...
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    Are you Shamubeel Eaqub?

    Are you Shamubeel Eaqub?
  23. Replies
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    Poll: That's a good question. Wanting to buy a house...

    That's a good question. Wanting to buy a house for land banking. The land is worth a lot. The house is pretty old. I'm guessing the rental will unlikely cover the outgoings.
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    Poll: a ring fencing thought/question came to my head -...

    a ring fencing thought/question came to my head -

    if you have a property that makes a loss year after year, can/how long can the losses be brought forward to the future to balance any gains in the...
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    Thanks very much

    Thanks very much
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