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[其他讨论] buy two properties in a short period of time? [复制链接]

Chioz

皮靴族

发表于 2013-3-28 10:52 |显示全部楼层

此文章由 Chioz 原创或转贴，不代表本站立场和观点，版权归 oursteps.com.au 和作者 Chioz 所有！转贴必须注明作者、出处和本声明，并保持内容完整

buy two properties in a short period of time?

I've been looking to buy a property for a while. A house I am keen on ticks most of boxes except one thing I can't make a deal with, too much asbestos. I do like its location and land just don't want to live in it. To my knowledge, the tenants have been living in it for nearly 7 years. And its rental income can cover the loan interest. I wonder if can buy it as an investment.

However, I am a first home buyer. If I start from an investment property, I wonder if I will automatically lose the First Home Grant. Also, I will continue to rent. Will my expense on rental be deductible on tax purpose?

Another bold option is I have this house as investment first and keep looking to buy one for living. How can I figure out if it is feasible?

BTW, I need to take out a loan on my first home.

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lubber

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发表于 2013-3-28 10:58 |显示全部楼层

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1st, how do you know there are 'asbestos', it deemed to be dangerous so you will have to spend money to remove all of them. current 'stable' tenant may leave or even take advantage if he knows about 'asbestos'

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Chioz

皮靴族

发表于 2013-3-28 11:01 |显示全部楼层

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lubber 发表于 2013-3-28 11:58
1st, how do you know there are 'asbestos', it deemed to be dangerous so you will have to spend money ...

It's easy to tell by its claddings. Also, it is a weatherboard house built in 1954. Asbestos was popular back then. I assume the tenants know this as well because it is common sense to locals.

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lubber

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发表于 2013-3-28 11:50 |显示全部楼层

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but new tenants may argue about 'asbestos' so better call for a few quotation on how much it will cost to remove them complete, then you can decide it.

天行健

银靴族

发表于 2013-3-28 13:40 |显示全部楼层

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in regards to the first home owner's grant, you won't loose it if you choose to purchase an investment property first, you just need to state that this is an investment property when getting your loan done and let your solicitor know as well...then, when u purchase your second property, you can then apply for the FHOG.

上善若水。水善利万物而不争，处众人之所恶，故几于道。居善地，心善渊，与善仁，言善信，正善治，事善能，动善时。

Chioz

皮靴族

发表于 2013-3-28 13:51 |显示全部楼层

此文章由 Chioz 原创或转贴，不代表本站立场和观点，版权归 oursteps.com.au 和作者 Chioz 所有！转贴必须注明作者、出处和本声明，并保持内容完整

天行健发表于 2013-3-28 14:40
in regards to the first home owner's grant, you won't loose it if you choose to purchase an investme ...

Thank you heaps.

Feeling good

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