PropertyInvesting.com | Sako | Activity https://www.propertyinvesting.com/members/sako/activity/ Activity feed for Sako. Thu, 06 Nov 2025 11:33:34 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 c327cfaf97220b04c858b47431d42dc1 Sako replied to the topic CGT, 6 year rule and two properties sold in same FY in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5090942-cgt-6-year-rule-and-two-properties-sold-in-same-fy/#post-5098517 Sun, 05 May 2024 00:12:50 +0000 Thanks Leroysane :)

]]> 453d7d7a6e5bb3f64311a205e3f7578c Sako replied to the topic CGT, 6 year rule and two properties sold in same FY in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5090942-cgt-6-year-rule-and-two-properties-sold-in-same-fy/#post-5098386 Wed, 01 May 2024 07:55:27 +0000 Hello all,

On the topic of CGT 6 year rule.

My question is, how does someone apply for such exemption when lodging taxes ? ie: is it a form that the accountant submits or is this a tick in the mygov website when lodging tax return ?

I lived in my PPOR from July 2017 until March 2019 and then I rented it out. I sold it in 2023.

]]> f0978db7ff8720ec9737acb1eb6ae039 Sako replied to the topic Investing with a friend in the forum Help Needed! https://www.propertyinvesting.com/topic/5059918-investing-with-a-friend/#post-5059920 Tue, 05 Nov 2019 10:08:24 +0000 Hi Runnyman,

Whether it’s your friend/brother/sister/family/relative, do your due diligence and make sure you’re protected. Money and people don’t mix.

]]> 336c5e919fef05e13328e7bb64a44c45 Sako replied to the topic Purchasing Land - body Corporate in the forum Help Needed! https://www.propertyinvesting.com/topic/5056567-purchasing-land-body-corporate/#post-5056822 Mon, 21 Oct 2019 09:53:21 +0000 Thanks BuyersAgent, appreciate your feedback.

Yes, I totally agree with you and I have already seen sales in the area with BC attached to the deal. My financial institution is aware of this and my broker mentioned that the BC should not affect the value of the land.

]]> ff7d96144b323e7aa817dd9a389d2f87 Sako started the topic Purchasing Land - body Corporate in the forum Help Needed! https://www.propertyinvesting.com/topic/5056567-purchasing-land-body-corporate/ Sat, 12 Oct 2019 03:36:46 +0000 Hello fellow investors,

So I’ve been looking at purchasing a land in Victoria. However, this land is part of a body corporate. The price for this land is cheaper than what’s on the market but I guess that’s because of the body corporate. Question, is it hard to sell a property with body corporate? I’m looking to building a house on this land.

]]> 0a775d82d33eb531197bbfa884209c15 Sako replied to the topic Best advice : Don't invest into property : The australian market is CRASHING. in the forum Help Needed! https://www.propertyinvesting.com/topic/4393180-best-advice-dont-invest-into-property-the-australian-market-is-crashing/page/32/#post-5054711 Thu, 04 Jul 2019 05:52:24 +0000 Thank you Benny, appreciate the above :)

]]> 0ad75f79aa9567068d460eba40fbf362 Sako replied to the topic Best advice : Don't invest into property : The australian market is CRASHING. in the forum Help Needed! https://www.propertyinvesting.com/topic/4393180-best-advice-dont-invest-into-property-the-australian-market-is-crashing/page/32/#post-5054655 Tue, 02 Jul 2019 06:08:01 +0000 Down Down, the interest rates are down!! (again). But what now ? Time to buy or is there something bigger that’s getting cooked in the background which we don’t know about ?

Any thoughts ?

]]> 6e62f7b69841d560bd4fd7379970dd7d Sako replied to the topic Best advice : Don't invest into property : The australian market is CRASHING. in the forum Help Needed! https://www.propertyinvesting.com/topic/4393180-best-advice-dont-invest-into-property-the-australian-market-is-crashing/page/32/#post-5054285 Sun, 23 Jun 2019 11:49:39 +0000 I have been monitoring the market, specifically, North of Melbourne, and i have seen prices drop significantly. For example, peak of 2017, a 4 bedroom house on 448 land was going around 700K, now begging to sell for 600K. So I think the prices will drop a little bit more.

]]> d6bba26c5eb30231fbc650998ae8a086 Sako replied to the topic Reaching your maximum borrowing capacity in the forum Finance https://www.propertyinvesting.com/topic/5054109-reaching-your-maximum-borrowing-capacity/#post-5054283 Sun, 23 Jun 2019 11:35:10 +0000 What happens if I manage to save some money ? So say, save up for another deposit, would the banks now consider it or is 2 houses the limit ? I’m thinking about developers, how they manage to build 3 or 4 units and then sell them.

]]> ea244341a0387ec1c4f8045819afd14b Sako started the topic Reaching your maximum borrowing capacity in the forum Finance https://www.propertyinvesting.com/topic/5054109-reaching-your-maximum-borrowing-capacity/ Tue, 18 Jun 2019 05:04:49 +0000 Hey all,

A question regarding financing my properties. I currently own a rental property and it’s worth about 600k, with 500k left on the mortgage. I’m going for my second property soon which is also roughly about 550k. Now, my broker is telling me that I will reach my borrowing capacity once my second property is settled. However, I’m keen on…[Read more]

]]> 810709562108fd892031b00916c2dac3 Sako replied to the topic Becoming A Builder in the forum Help Needed! https://www.propertyinvesting.com/topic/5053416-becoming-a-builder/#post-5053811 Mon, 10 Jun 2019 07:54:08 +0000 Thanks Scott.

Your last paragraph covered what I’m after.

So basically obtain a building license so that I build houses and run my own projects.

I’ll enquire through HIA and Master Builders Vic.

]]> 472611b5469c0e1b2ca0e59a6867cf91 Sako started the topic Becoming A Builder in the forum Help Needed! https://www.propertyinvesting.com/topic/5053416-becoming-a-builder/ Sun, 02 Jun 2019 13:06:09 +0000 Hello Again..

I am interested in becoming a builder (my background is in completely different industry) by obtaining my building license so that I can build for people and to develop my own investment properties on the side.

So my question is:
What does it really take to obtain the license (Note: looking to operate in Melbourne) ? Course,…[Read more]

]]> 1ac43c02d02745eda1228518809d55a9 Sako replied to the topic Opportunity with bad timing? in the forum Help Needed! https://www.propertyinvesting.com/topic/5053407-opportunity-with-bad-timing/#post-5053415 Sun, 02 Jun 2019 10:45:53 +0000 I second what Terry said.

Seek legal advice and make sure you’re protected, because once money is involved, people change.

]]> 908d059108c4fec242a504fff19b6a7d Sako replied to the topic Purchase Now or Wait in the forum Help Needed! https://www.propertyinvesting.com/topic/5052107-purchase-now-or-wait/#post-5053106 Sun, 26 May 2019 22:35:22 +0000 Thanks Benny, I’ll take a look at the play back.

]]> 6c0bfcb4edfdfa0824e5bfed3b0c240e Sako started the topic Purchase Now or Wait in the forum Help Needed! https://www.propertyinvesting.com/topic/5052107-purchase-now-or-wait/ Tue, 21 May 2019 11:10:38 +0000 Hi there,

My Story…

I live in the Northern Suburbs of Melbourne, where land prices sky rocketed from 207K in 2015~16 to 420K in 2017(448m2 land). However, with the Royal Commission moving in, banks becoming stricter with their lending, property bubble more likely, and Labour likely to win, the prices started to fall (now 448m2 land is worth…[Read more]

]]> f8daba8d87fefd0de905ba277c1c3484 Sako became a registered member https://www.propertyinvesting.com/activity/p/381540/ Tue, 21 May 2019 05:04:13 +0000