Forum Replies Created
right,
got some of the idea – is this statement correct? – what you are referring to, Richard, is that the IP should be bought under an entity (say a Pte Ltd) and this entity is registered for ABN.
I am about to get an ABN and wanted to know the following;
1. can I claim deduction for the part of my 'home' that I use as office for my ABN ?
2. the current rent that I get is in my name, so do I have to put the rent in my ABN name ?
3. do I have to have a separate bank account for my ABN?also, I believed that the companies and trust get a flat rate of 30% as amancl said, along with the case of PR (primary residence) getting under the radar of CGT if being used as income generating .
what aspects are incorrect in this, Richard?
cheers
Dsorry guys for being unclear.
I meant that if the bank has any say on when and how I sell the IP, to generate cash for whatever purpose.
D
hey guys,
I am pretty new to this, having secured my 1st IP with CBA in perth.
I was reading through this, and was wondering what about the equity in the IP (would the bank release it for anything)?D
hi guys
I have recently moved from Melbounrne to Perth but am able to co-ordinate in australia and in india (being an indian). I have been looking at investing in india and have been to some onlines info about development in Goa – could you give me some more info about your activities .
my contact details are 0401829295 – call me Deept.cheers
D
digitalmbs wrote:Hi,I am in Melbourne, but we have construction company in India. We have couple of big project going at the moment, specially in GOA INDIA. Goa is one of top tourist place in India surrounded by coast and beach. We are building fully furnished resort type apartment for short to medium term accommodation for tourist. As such we are looking for investors who are keen to invest. Project gain for investment is between 14-17%. For full details pm myself and we can get together and have chat.
regards
DM.
