man37 » user profile

Understood and learning day by day from this online community, thanks very much!

Thanks very much everyone. You all have been quite helpful.

Never thought it was free gift :) Only surprise was I have to pay tax now and shares are in intangible state. The valuation for the shares…

Employee retention + opt-in.

It says Employee Share Scheme.

Good morning all, I received shares from my company in last financial year, and when lodging my tax return, they are appearing as income,…

Yes it was purchased in 2017. 430m2 block in Melbourne Western Suburb. Paid 245K. The same size blocks are being advertised as 300K+.

Yes, but selling land to the developer doesn't seem feasible option. For example, the price I paid in 2017 was 245K for 430m2 block. Even…

Nope, developer has quite strict building requirements. For example, they require Low Profile Cooling unit not an ordinary cooling Unit.

Thanks Kinko, this land was settled last year. Now the next challenge is construction :)

Developer always says ask your conveyancer to talk to our conveyancer and in a nutshell we would allow you to sell land but not to others.…

Not really. Just wanted to get rid of this land. The problem is when I bought land then it had a clause that I cannot sell it. I must build…

Thanks very much for your suggestions. I don't have any credit card. In terms of my expenses, I really don't spend on holidays and I always…

Thanks for your response. I just made a correction. I earn 120K + Super + 11% Annual Bonus.

Hi Guys, I need your advice to find construction loan (245K) to build an investment house on a titled land. I work as a full time employee…

Hi everyone, I purchased land for an investment property to build on. The land settlement was in mid June 2019. I need to lodge tax returns…

Thanks everyone for your valuable feedback. Yes - it is indeed an unconditional interest free loan.

My friend! A friend in need is a friend indeed :)

G'Day, I am short of $20,000 to settle a land purchase for an investment property. My friend is happy to help me out and give me $20,000 as…

Thanks for your valuable suggestion. I have just one credit card which I use to pay for everything i.e. Bills, Shopping everything :) I…

I can't sell that's a clause in the Contract. I was so naive that I rang my current mortgage consultant in 2017 before buying, and she…

I am really naive in this field and totally relying on Mortgage brokers' suggestions. That's why, I thought of asking ozbargain to get…

325K Current Loan and trying to build a house for 500K (250K Land + 250K Construction) . Have 75K Cash and 200K equity.

I have around 200K equity and 75K cash and I don't understand what mortgage brokers are doing. They keep saying your wife doesn't work and…

Hi everyone, I need your valuable advice. I currently own a house. I purchased a land for an investment purpose in 2017 and paid the…

Welcome aboard!