Total Members: 158,441

cliffey87

  • cliffey87 replied to the topic NEW Land Tax!! in the forum General Property 14 years, 2 months ago

  • cliffey87 replied to the topic NEW Land Tax!! in the forum General Property 14 years, 2 months ago

    i juwst found thisThe government says the laws would change the way land tax is calculated to stop commercial landowners getting large discounts on their rates and land tax.But the Property Council of Australia says the legislation is a money-grabbing exercise.Queensland's executive director Steve Greenwood says that instead of land just being…[Read more]

  • cliffey87 replied to the topic NEW Land Tax!! in the forum General Property 14 years, 2 months ago

    Oh,so what are the new rules??

  • cliffey87 replied to the topic NEW Land Tax!! in the forum General Property 14 years, 2 months ago

    lets hope that they come to their sences. the last thing we all need is more taxes!!

  • cliffey87 replied to the topic living off equity in the forum Creative Investing 14 years, 2 months ago

    Qlds007 wrote:
    Hi LindaA combination of equity structures and debt recyling in the mid term is the way to go forward.I assume neither if your current IP's are cross collateralised as if so this could stop you in your tracks quicker than you think.Takes time admitedly but can be done.

    yep thast right. they are 2 stand alone loans.

  • cliffey87 replied to the topic living off equity in the forum Creative Investing 14 years, 2 months ago

    Qlds007 wrote:
    Sure whatever.Personally i have my portfolio structured that i can live of the rents for the rest of my live and have no need to ever draw on the equity. With a LVR now at 13% over 30+ properties  i expect to have the entire debt paid off in 18 months. Everyone to their own i guess but LOE is not for me.As time goes by i will…[Read more]

cliffey87

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