PropertyInvesting.com | bennyblanco | Activity https://www.propertyinvesting.com/members/bennyblanco/activity/ Activity feed for bennyblanco. Wed, 15 Apr 2026 06:05:18 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 c6780fe4202976ecc9184c55a60193d6 bennyblanco replied to the topic HSBC or Citibank in the forum Overseas Deals https://www.propertyinvesting.com/topic/hsbc-or-citibank/#post-4645423 Sun, 31 Jul 2011 09:22:41 +0000 Hi Steve,

That would be amazing if you could hunt down a definitive answer for HSBC.

Cheers,

Ben

]]> 60c204d379705edba154765cfa82673f bennyblanco replied to the topic HSBC or Citibank in the forum Overseas Deals https://www.propertyinvesting.com/topic/hsbc-or-citibank/#post-4645420 Sun, 31 Jul 2011 07:12:33 +0000 Thanks for that Cococam,

I’ll be calling HSBC straight away tomorrow morning to confirm this. If so then I may as well cancel my account with them.

]]> c7d33f761c816d65e877c5d003bb54c4 bennyblanco replied to the topic HSBC or Citibank in the forum Overseas Deals https://www.propertyinvesting.com/topic/hsbc-or-citibank/#post-4645417 Fri, 29 Jul 2011 02:18:41 +0000 Hey Rick, that bank seems to be based in Florida. Did you buy in Florida?

]]> f97675ccf1549ef1f17cde1bc3e24482 bennyblanco replied to the topic HSBC or Citibank in the forum Overseas Deals https://www.propertyinvesting.com/topic/hsbc-or-citibank/#post-4645415 Fri, 29 Jul 2011 01:40:26 +0000 Jason,
I’ve got an HSBC account. The 3 months is a necessity, so just open your account today if your not needing it right now and in 3 months you’ll be able to get one possibly. I was told that is on a case by case scenario. Hope that helps. I currently have not had my account for 3 months yet so I cant let you know how easy it is. I would assume…[Read more]

]]> 107271141c6edca01af73979d82b3e65 bennyblanco replied to the topic USA loan for foreigners at 90% LVR? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4404203-usa-loan-for-foreigners-at-90-lvr/#post-4651659 Sun, 17 Jul 2011 11:09:22 +0000 Hey Troy,

Sounds interesting….

In what states does your lender’s loans apply?

]]> 04bc1ec5c2a3e744e9a64d9c739faa63 bennyblanco replied to the topic Loan from family in the forum Finance https://www.propertyinvesting.com/topic/4404054-loan-from-family/#post-4650668 Mon, 04 Jul 2011 09:33:49 +0000 Beautiful.

Thanks Qlds007/Richard. I’ve found some real easy stuff online. Cheers!!

Your right I do believe I was complicating matters. Now I just need to find out whether I can claim the interest for an overseas property investment or not. And if so where I can claim it. OS tax return or AUS tax return…..

Hope your having a good…[Read more]

]]> 61ca71352b31e6b8270b725a3300eb2e bennyblanco replied to the topic How to Register an LLC & EIN and save $$$ compared to AUS buyer agents in the forum Overseas Deals https://www.propertyinvesting.com/topic/4403884-how-to-register-an-llc-ein-and-save-compared-to-aus-buyer-agents/#post-4649451 Sat, 02 Jul 2011 04:13:57 +0000 great info scout!

Just quickly did you set up a bank a/c when you were over there linked to your LLC? Or have you done all that from here?

I’ve just been into HSBC but for a bank a/c in personal name and you have to open an a/c with them here first and hold it for 3 months before they will open an a/c from here in the US. Slightly frustrating….

]]> fe2168ab232275edd96e8ed7dc6c3465 bennyblanco replied to the topic Loan from family in the forum Finance https://www.propertyinvesting.com/topic/4404054-loan-from-family/#post-4650666 Sat, 02 Jul 2011 04:06:54 +0000 Shape, I would imagine it would be the 2nd option as cash isn’t easily available to them (all tied up in a negatively geared property). Basically I don’t want to do it unless they can claim it as a tax deduction or get something out of it. How to make a paper trial? There has to be some way around this. Looks like I’ve got a lot of reading to…[Read more]

]]> 551216b751099597c4c3e85c2f74bc20 bennyblanco replied to the topic Fully grasping US taxation in the forum here him, hear him! Well https://www.propertyinvesting.com/topic/4403001-fully-grasping-us-taxation/#post-4643419 Sat, 02 Jul 2011 03:57:47 +0000 here him, hear him!

Well said YGWYPF

]]> f851b0207c9019f838c607ee2c5d3364 bennyblanco replied to the topic Loan from family in the forum Finance https://www.propertyinvesting.com/topic/4404054-loan-from-family/#post-4650663 Tue, 28 Jun 2011 03:07:27 +0000 Thanks Terryw,

No one in my family has ever had Centrelink so I doubt that will affect me/us?

Yeah you pretty much sussed out what I was thinking there with the LOC as they don’t have it handy.

Do you have any idea how this would work though? Claim the Oz loan directly on the US property? Claim the loans here in Oz as a deduction? Shady waters…[Read more]

]]> 9d37349d146e018b9af614b08036f59d bennyblanco replied to the topic offically mine in the forum Overseas Deals https://www.propertyinvesting.com/topic/4403147-offically-mine/page/2/#post-4644162 Wed, 01 Jun 2011 23:31:57 +0000 ajayayyar wrote:

RickH wrote:
Hi Ajay, I have had rentals in Qld before but this time wanted something with low outlay that generates immediate income. We purchased a renovated 3 bedroom house in south Kansas City Missouri. After proprty taxes, management fees ect we clear about $700 p/m. 1st payment went into the account the other day. I have…[Read more]

]]> c8335e7edf9e904dc182280da8a302db bennyblanco replied to the topic Meet me in the US? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4403777-meet-me-in-the-us/#post-4648846 Wed, 01 Jun 2011 00:08:46 +0000 hey mate love to be able to meet up but unless some miracle happens I wont be there in July, but I will keep it in mind!!

]]> b998c177fccd837d422b49394aff5fe8 bennyblanco replied to the topic USA - Where to buy? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4403705-usa-where-to-buy/page/2/#post-4648204 Mon, 30 May 2011 12:48:32 +0000 morpheus thanks for you quick reply!! good luck. I’ll be checking in on your progress. I’ve read A LOT about Dallas – FW. My brain is going to explode. I imagine it will be great for you to actually get your feet on the ground there.

]]> 46b651bd0f50e39feb489f6410aed56a bennyblanco replied to the topic USA - Where to buy? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4403705-usa-where-to-buy/#post-4648190 Tue, 24 May 2011 09:01:26 +0000 morpheus – Congrats on the blog, I really look forward to reading and signing up to your blog too. Do you know of any other blogs anyone else has done? I’m on the information hunt….Also why have you called it usapropertynightmare? just wondering….

I too am thinking of doing the same thing but am probably a lot further behind you in the scheme…[Read more]

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