Since 2001 | Total Members: 161,375

Derek

  • Derek replied to the topic Any other ‘Investment Property” cos to beware of? in the forum No Subject 21 years, 10 months ago

    Hi Tracey,

    Mini has made a number of good points.

    Ultimately whether, or not, you use a ‘Company’ is your choice.

    The difficulty you have is that investing is a very individual thing and while some people would gladly use ‘Company X’ there would be an equal number of people who would not touch ‘Company X’ with a barge pole. Some of the posts in…[Read more]

  • Derek replied to the topic Negative Gearing Formula? in the forum Help Needed! 21 years, 10 months ago

    Peninsula,

    PIA – Property Investment Analysis. A downloadable trial version of PIA is avalable at http://www.somersoft.com.au – as can be appreciated the trail version has key figures like purchase price fixed but it does enable you to play with some of the other key numbers so you get an idea of what it can do.

    There is a comprehensive manual that…[Read more]

  • Derek replied to the topic Negative Gearing Formula? in the forum Help Needed! 21 years, 10 months ago

    Hi PeninsulaInvestor,

    Another possibility is to purchase an investment property analysis software package like PIA.

    Derek
    derekjones1@bigpond.com

  • Derek replied to the topic Loans in the forum Finance 21 years, 10 months ago

    Originally posted by MortgageHunter:

    I even fixed myself!

    Oil change only? Full service? Total reconstruction?

    Derek

    derekjones1@bigpond.com

  • Derek replied to the topic Is it worth it? in the forum General Property 21 years, 10 months ago

    Its a balancing act for mine.

    Neither growth only or income only are the ‘be all and end all’ of investing as one without the other (in general terms) will, sooner or later, restrict your borrowing and buying capacity.

    My question is how much of your time and effort is required to earn that $600/annum. Equate this to an hourly wage and that will…[Read more]

  • Derek replied to the topic Quantity Surveyor question in the forum General Property 21 years, 10 months ago

    With respect to accountant doing your depreciation claims.

    Below is a transcript of the tax ruling TD94/D67 . . .

    . A deduction is allowable under section 124ZH in respect of qualifying capital expenditure incurred on the construction of, or an extension, alteration or improvement to certain income-producing buildings. Section 124ZG defines…[Read more]

  • Derek replied to the topic Quantity Surveyor question in the forum General Property 21 years, 10 months ago

    Just a few points to help the discussion.

    Deppro charge $440 (GST inc – without travel) for their QS reports and they will give you a detailed 40 year report. Be aware that Deppro are a little limited in their capacity to travel and as such there may be a travel cost included depending upon where your property is.

    Having a report compiled as…[Read more]

Derek

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