trusts depend really on your needs – Just had a discussion on the best set up from my accountant
It depends on if you need negative gearing or not as the wrong trust may not allow negative to flow through to the beneficiary.
so talk to your accountant to match you needs..

I am currently applying to move my security and loans to another bank as I have had difficulties with how much they will lend me and even had an account put on hold without my knowledge. Been a customer for 17 years up until the recent takeover of the bank.

was in bunnings today they have modular buildings – might be worth a look at

Go to an accountant and get some advice on what is the best structure to have to minimise CGT and what your GST implications will be also.

my advice is go visit potential lender of extra required loan to buy any future additional properties and find out what you can borrow.Serviceability may be an issue on one wage You may have to wait till your wife is working again.Also another very important consideration is can the property in question be subdivided as new rules have come in on…[Read more]

Do not change the carpet until you finish the painting

http://www.businessmall.com.au/property-investing/property-development.htmlcoursehttp://www.rookiedeveloper.com.au/

What I did was reno while no one in house but had it advertised for rental with a future date for start of lease (ie when you think renovation will be finished)It can take some time to get a tenant depending on time of YearAnd write into the lease that an en suite will be installed in whatever room it was ( tenants do not believe it will happen…[Read more]

what is a good idea is finding out what the stamp duty is going to be for a $400,000 house.this is a cost as well you will incur and can be found out from your State Revenue office web page.in WA it will be $13,015.Some rough figures to go on A mortgage broker can work these figures out for you if you use oneSo Borrow 321,713.50  with a deposit…[Read more]

what is a good idea is finding out what the stamp duty is going to be for a $400,000 house.this is a cost as well you will incur and can be found out from your State Revenue office web page.

3 months is a tiny amount of time to wait  compared to 30 years. You are not changing to IP for 2 years so it won't be to big a problem to wait. If you were buying another IP then the repayment saving may have been useful for cash flow to help repay a second IP but if this is the only house you own then reducing the principle while it is your m…[Read more]

I used Nixon Robert J when I was living in Forest Hill Accountants & Auditors – Burwood East, VIC (03) 9803…[Read more]

You need to check with an accountant what the tax implications are of negative gearing Australian Property while being a non resident (it is complicated not straight forward)Get the house valued or note its value when you move in have a record of it for CGT purposes.Time linePurchased – – – – move to uk 8 years – – – —move to Aus into…[Read more]

make sure 3 inch nails are not used a picture rail like above is a brilliant idea as it can be used over and over and over

I cannot advise to but have a look at these link for information and get some advise from a lawyer or financial planner on if it suits your situationhttp://www.vendorfinancelawyer.com.au/rent_to_own.htmhttps://www.propertyinvesting.com/strategies/lease-options

wealth4life.com wrote:
Hello all and an interesting read,I know Mark personally and have been dealing with him for over 4 years … Mark has found deals for my group and we have made great profits from them and him, without his help this would not be the case.There is in all business people who are left out in the cold and stranded, and this is…[Read more]

my advice1. Contact local council (yes it sounds like you have done this but did you find out all the costs involved)       find out zoning of land  (sounds like you have done this part )       find out if you have sewerage – (you may need to run a main sewer pipe and even a possible pumping station           (you may need to contact local water…[Read more]

dealing with centre link is a nightmare john. One of your major problems is you have everything in your personal names and setting up a different structure will cost too much due to transferring assets due to stamp duty  and capital gains tax.I am in a similar situation but sold my negatively geared property in 2005 after my two daughters were…[Read more]

This is a grey area of tax law but from what I remember of tax law it is a replacement of the whole unit and is not a repair.see this link I found on the…[Read more]

I have used my rental manager to use the trademen on their books in the pastI have also used the grey army before they franchised http://www.greyarmy.com.au/services.nbI have also found hire a hubby to be good also http://www.hireahubby.com.au/they can be a little bit more expensive but I was happy with the end resultJims may be another source…[Read more]