PropertyInvesting.com | dwong8 | Activity

dwong8 replied to the topic Are Trust Necessary? in the forum Legal & Accounting

Tue, 26 Jun 2007 12:34:05 +0000

Thanks Everyone for your contribution.I am not incurring bank fees yet since I have not setup a Trust account. But if I do, the bank won't set an account up unless it is a business account and the account has monthly fees.Apart from above fees I listed, additional fees are changes to the Trust Deed will incur fees of about $500.Thanks Elka for…[Read more]

dwong8 replied to the topic Townsville Surroundings for $250K in the forum General Property

Wed, 19 Oct 2005 02:37:43 +0000

Thanks you Gavin and Cyclist for your feedback. I will tread slowly with Townsville.

Thanks and regards…[blink]

dwong8 replied to the topic Townsville Surroundings for $250K in the forum General Property

Sun, 16 Oct 2005 21:30:52 +0000

Thanks Mikala for your response. Good to hear your IP is doing well.

You mentioned Kirwan and old property. I figured that I woun’t be able to get a relatively new house for $250K?

Thanks for the tip. I will get in touch with a couple of Agents and hound them.

Thanks and regards…[blush2]

dwong8 replied to the topic Help! line of credit for investing? in the forum No Subject

Sat, 22 May 2004 12:03:57 +0000

Hello,

I too had just read Margaret Lomas’ books and it was a great enlightenment for someone like myself. I had just acquired Steve McKnight’s book and is reading through that as well.

I like to know whether the Tax Office has problems with Margaret’s concepts ie.
(1) A Account #1 for personal home loan.
(2) A Account #2 for investment…[Read more]