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House Flip Profit Calculator (Australia): Include Stamp Duty, Holding Costs and CGT
A house flip profit calculator is useful because it takes into account three lines that are usually excluded: stamp duty, holding costs and tax. Forgetting any of them in the calculation results in false optimism for the actual profit-making potential of the deal. These three factors are state-dependent, date-dependent and depends on whether the sale has been classified as trading or not by ATO. This step 2 calculator sets out the specifications for a calculator incorporating
Sarabjeet Kaur
Oct 2710 min read
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Free Renovation Cost Calculator Australia: 5-Minute Estimate
A free renovation cost calculator gives an estimate in five minutes based on the entered information of scope, location and finish. In Australia, "renovation calculator" means 2 separate calculators: renovation estimate calculator & loan estimate calculator. The majority of users use one and don't even look at the other one. The published content of four Australian tools were examined - "What's The Damage" calculators, ING and Suncorp (with Core Logic), as well as a broker's
Sarabjeet Kaur
Oct 258 min read
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Flipping Property in Queensland: A Marked-Up Quote Shows Which Renovation Permits You Need
Flipping property in Queensland puts your paperwork in front of two readers: the certifier at the start and the buyer's solicitor at the end. So what are the essential permits needed for a home renovation in Queensland? The answer depends on the scope of each line in your quote, not on the house as a whole. This article marks up a contractor's quote line by line. Each line gets a permit tag and a note. The sources are Queensland council pages (Logan, Brisbane, Townsville, and
Sarabjeet Kaur
Oct 198 min read
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