We are considering setting up something offshore at the moment. We have an appointment tomorrow with the trust guy…..He mentioned something about there being no need for a BVI Trust and just setting up a straight BVI. Also if the directors are Australian citizens then there should be no issues with FIRB.
julia b, well done.
I have 3 names of buyer’s advocates.
1. buyer’s advocate at spring hill
2. buyer’s agent at stone’s corner
3. property research at redhill
Anyone have any thing to say about these guys or recommend someone they have dealt with please.
thanks and regards
Well done. Would be interested to hear what your customised terms and conditions are. You can email me at [email protected]
Please pardon my ignorance if this is something I am not supposed to ask.
I too would like some feedback on this topic. I remember reading that Sooshie said using a Buyer’s Agent was for the passive investor. I can vaguely remember Steve saying that this was giving up control. So, how do we keep control and be non-passive. Do the research so you will be stipulating location, type of dwelling, purchase…[Read more]
Did you manage to find an answer to your question “capitalizing stamp duty”?
I emailed my accountant, who came back with this answer.
You cant claim depreciation on Stamp duty. Stamp duty forms part of the cost base of the property.
Which was outlined by Michael & Kaye.
Hi Tiffany, Danielle here. Honour to meet you and Brett at the seminar. Tiffany, 3 kids and 1 on the way, your a champion!!!!. I’m rooting for you on being chosen for the mentoring programme. You guys sure stand out as exceptional. Keep it up, and may your hard work pay off infinitely.
We are currently going through the same tough decisions!
I don’t know if you have a chance to attend Steve McKnight’s seminar in Melbourne over the weekend. It was fantastic to see people from all walks of life just going for it and making it work.
I’m thinking, that the net below our trapeze can sometimes be our…[Read more]
Hubby picked me up from the airport in Singapore
at 6.30am this morning. I dropped him off and went home to see the children – took my daughter to school. Then came home and called a new real estate agent in QLD to help us solve our vacancy problem.
My husband says I’m on fire….!!!!!!!
I think he will call…[Read more]
Yes, don’t mean to sound like a pompous git. I now recall a conversation I had with a realestate agent around3 years ago. A major high profile corporation had rented a house for one of its executives. He had had a major party and done some real nasty damage to the house. The rent wasn’t cheap.
I guess I just got the wrong…[Read more]
We are working out the logistics to come down for the seminar. Have already postponed a trip to Perth in April. We have to see if we can get the outlaws to come from Canberra to look after the children for the weekend, book the air tickets and hotel accommodation for Melbourne and go via Perth to see the folks on the way home to Singapore.
An interest only loan is suitable if your goal is to achieve positive cashflow on your investment. Basically, with an interest only loan you are actually making your money (that you put down as deposit) work harder for you. I see no reason to increase equity in your investment if your goal is to achieve the maximum return on equity.…[Read more]
Wow!!! A reply from Steve McKnight no less. Thanks a heap…..
We did engage someone professional to find our last property. To cut a long story short – it was not a good experience.
But its a good idea – and I will discuss with hubby about trying this again.
Thanks for your insight.
I’m off to download Buyer Beware!
Talked to hubby earlier…[Read more]
I must be confused about your post. I emailed a portion of your post to my solicitor and asked her to investigate. I thought that we maybe able to get a concession or something on land tax as we have have sold our house and are settling in March. As you know land tax is charged Dec-to-Dec. We have never lived in the property.