Hi I am a new member and late beginner from the Sunshine Coast in Queensland Australia with no real estate experience but keen to learn.

I do know that capital is flowing out of China and bidding up markets like Australia, so there might be a reason.Would be interested to know what you see happening there.

There is a great article that the Journal of Accountancy published which has an Exhibit of 2 circle diagrams that they use to demonstrate the relationship between RE professional time and material participation time as well as the 7 tests to meet material participation. 

Between stamp duty and capital gains tax here in Australia it destroys property liquidity and that makes it actually harder for people to get into the housing market - be they young (first home), upsizing (growing families) or down sizing (elderly).You need to not impede volume and liquidity, we’re living the other side.

As Exhibit 1 shows, that was up from 2.5% in 2017.

EXP also just announced we are opening up Australia and England. 

New here and am a Mechanical Engineer from Australia currently in Bay Area.

When I graduated college, I traveled to Australia and Thailand for a year and may wished I would have traveled before going to school.

I live across 2 continents (work in Australia, but call NYC home).

@Stephen CollinsHi Stephen,When I first started buying property in Australia I managed to build a portfolio worth over $1million in 6 months.The strategy was to purchase extremely undervalued properties which I would then rehab and knock on the banks door requesting them to re-finance.