PropertyInvesting.com | andrew8 | Activity https://www.propertyinvesting.com/members/andrew8/activity/ Activity feed for andrew8. Fri, 17 Apr 2026 15:12:08 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 fc821925a4efa62e521fae95c5939f1f andrew8 replied to the topic Trust ~ Income distribution in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4388820-trust-income-distribution/#post-4563943 Mon, 19 Mar 2007 10:08:25 +0000 You can do it with a properly company with multiple share classes, but a company does not permit pass-through of the 50% capital gains tax discount.

]]> 87997b1218140b687c136bc2c896ee4c andrew8 replied to the topic Trust Structures in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4388879-trust-structures/#post-4564199 Mon, 19 Mar 2007 10:05:32 +0000 I’m not a solicitor nor an accountant.

To my understanding, a trust permits the _flow_through_ of 50% capital gains tax discount. That is whether 50% discount can be taken depends upon the entity to which the capital gain is distributed.

I don’t think a trust gets the land tax discount (under NSW law anyway). I suggest asking the Office of State…[Read more]

]]> 3f7e5dc6d4232bc4246f80a50ccf5f26 andrew8 replied to the topic Aquiring my First CPP! in the forum General Property https://www.propertyinvesting.com/topic/4385333-aquiring-my-first-cpp/#post-4546709 Sat, 06 May 2006 00:20:12 +0000 What’s a CPP?

]]> 0e464a168c064b66744b3b679cd300e2 andrew8 replied to the topic WHAT'S THE BANKS PROBLEM??? in the forum Finance https://www.propertyinvesting.com/topic/4384746-whats-the-banks-problem/#post-4543723 Fri, 05 May 2006 23:00:57 +0000 Steve and Dave mention in their seminars (and perhaps in Wealth Guardian) that banks have a maximum amount they want to loan to a person, regardless of their cashflow and asset position.

The solution is to have properties owned by an entity (or entities), instead of owned by the individual.

The individual controls the entity(s) (usually best if…[Read more]

]]> ab5d1d7017d30679998ccd29ae8dfe27 andrew8 replied to the topic Westpac and Defence Force Housing in the forum General Property https://www.propertyinvesting.com/topic/4384967-westpac-and-defence-force-housing/#post-4544772 Tue, 04 Apr 2006 23:12:51 +0000 Dazzling:

I disagree with you. It is probably a good investment for Westpac.

Just not a good investment for those who buy into the REIT. But there are plenty of people who like others to solve problems for them, so Westpac will probably do very well out of it.

]]> 2a3e9bf2e36af9940525134c7133b4e8 andrew8 replied to the topic Westpac and Defence Force Housing in the forum General Property https://www.propertyinvesting.com/topic/4384967-westpac-and-defence-force-housing/#post-4544765 Tue, 04 Apr 2006 12:06:02 +0000 I wouldn’t touch such REITs with a barge pole.

I checked out Defence Housing as an investment years ago. The gross returns were too low and therefore the investment too ‘negative’.

An investment trust’s returns reflect the quality of its underlying assets. If the underlying assets can only provide negative cash flow returns, how is a trust they…[Read more]

]]> 6208aafb157f195cc0a110ce4a04c3d2 andrew8 replied to the topic Running costs of trust? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4380264-running-costs-of-trust/#post-4516389 Mon, 13 Jun 2005 01:01:25 +0000 Don’t know what state you are in, but here is my NSW experience:

They might charge you $137 for “the trust”, but check whether that includes the stamp duty to register the trust deed with the state govt. In NSW, my last trust (in 2000) cost $200 to register.
Really you are just paying them to provide you the text of the trust deed (which they…[Read more]

]]> 0b6b418a9bed8e7a170f7eea09be3469 andrew8 replied to the topic Subdivision in the forum Help Needed! https://www.propertyinvesting.com/topic/4380727-subdivision-5/#post-4519842 Mon, 13 Jun 2005 00:49:59 +0000 In NSW, councils publish LEPs (local envirnoment plans) and DCPs (development control plans) which communicate their subdivision policies.

The webpage
http://www.cairns.qld.gov.au/council/index.html
says
“The council provides facilities, services and administers regulations, which enhance the lifestyle and wellbeing of a diverse community.

These…[Read more]

]]> d41064151667a83d3861c915ef2e8b65 andrew8 replied to the topic A spare 20k in the forum Help Needed! https://www.propertyinvesting.com/topic/4380474-a-spare-20k/#post-4517958 Fri, 27 May 2005 01:50:38 +0000 Most superannuation accounts are not known for good returns.

If your house loan allows an offset account (where any balance reduces the interest on your home loan), I’d put it in there (so it is available for investement).

If it doesn’t allow an offset aco<edited> and your house loan allows you to redraw, I’d pay it into the loan account.

If…[Read more]

]]> 72b780f9fdd795934bf64656f63dc28e andrew8 replied to the topic Owner Details in the forum Help Needed! https://www.propertyinvesting.com/topic/4380358-owner-details/#post-4517211 Sun, 22 May 2005 10:01:04 +0000 Assuming it is in NSW, the Land Titles Office has a record of all owners.

You can visit them in Sydney CBD (perhaps also other offices around the state) or go via one of their online brokers to get the registered owner.

Andrew

]]> bb4d36f3b6d03076a6f157cd93972d20 andrew8 replied to the topic seeking sounding board / mentor / guru in the forum Help Needed! https://www.propertyinvesting.com/topic/4380383-seeking-sounding-board-mentor-guru/#post-4517381 Sun, 22 May 2005 09:58:18 +0000 An addition to my original post:
I had a look at Investment Detective today and there are some purchasing costs I do not know how to estimate, e.g.
– legals
– mortgage registration (with whom?)
– building inspection

Andrew

]]> c9be6ab5e38420323bf5dac788484881 andrew8 replied to the topic A Deal... Too Good To Be True? in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4389028-a-deal-too-good-to-be-true/#post-4564872 Fri, 24 May 2002 22:48:09 +0000 Steve

Three other things I would check to see if they would add value and flexibility to a strategy:
1. What is the zoning? In light of the industrial area nearby, is anything permitted on the site other than residential use?
2. In light of the industrial area nearby, is the site well-positioned for advertising and is the council flexible…[Read more]

]]> c1dc001e77f4eb72ae6ad104b1a5aacc andrew8 replied to the topic Time`s not on my side or is it? in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4389035-times-not-on-my-side-or-is-it/#post-4564945 Thu, 23 May 2002 22:27:18 +0000 Pieter,
In my amateur opinion:
1. If one does not have time to look for properties which will give you a good return, don’t buy. Perhaps you can hook up with someone who has the time to look and be an investor with them.
2. I would go for houses rather than townhouses or units as land tends to increase in value and buildings tend to decrease in…[Read more]

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