PropertyInvesting.com | freelance | Activity https://www.propertyinvesting.com/members/freelance/activity/ Activity feed for freelance. Tue, 14 Apr 2026 21:49:37 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 4d25269026515d9a34136455ef56ef5f freelance replied to the topic How do you factor in costs? in the forum Help Needed! https://www.propertyinvesting.com/topic/4395787-how-do-you-factor-in-costs/#post-4601346 Tue, 24 Mar 2009 12:06:08 +0000 Hi DrSupachicken,I should have provided more detail in your other post regarding yield.Yield is calculated using your rental income without factoring expenses… there are two more formulas you can use to determine accurate results:Yield = (Annual Rent / Purchase Price) x 100ROI = (Annual Cashflow / Purchase Price) x 100CoCR = (Annual Cashflow /…[Read more]

]]> e69b1f6984dfdb6e24380d75d176ef17 freelance replied to the topic Steve McKnight's property market update in the forum General Property https://www.propertyinvesting.com/topic/4395784-steve-mcknights-property-market-update/#post-4601324 Tue, 24 Mar 2009 07:11:05 +0000 Matt,Yeah, I remember that part clearly, which is why I'm confused in the first place.If timing the market is key, then why invest in positive cashflow property now? Prices have great potential for a huge drop all the while interest rates are temporarily low – it's not going to last forever, so why is cashflow so worth it now?I am under the…[Read more]

]]> 18cb84e9e44291ded0f8665b2e5ff727 freelance replied to the topic Steve McKnight's property market update in the forum General Property https://www.propertyinvesting.com/topic/4395784-steve-mcknights-property-market-update/#post-4601320 Tue, 24 Mar 2009 05:28:46 +0000 Great idea Matt,I'd like to ask a question in regards to focusing on positive cashflow while the window of opportunity is open (low interest rates).If property prices drop as many suggest, then what happens when interest rates go back up? You'll have -ve equity and -ve cashflow. What's the exit strategy in this scenario?Perhaps it's better to wait…[Read more]

]]> bf5b711cbc96261bb7f3969ea8c1e9ce freelance replied to the topic Is this a good deal? in the forum Help Needed! https://www.propertyinvesting.com/topic/4395777-is-this-a-good-deal-7/#post-4601278 Tue, 24 Mar 2009 01:13:21 +0000 Hi DrSupachicken,Your yield is calculated by dividing your annual rent by the purchase price and multiplying the result by 100, i.e:Yield = (Annual Rent / Purchase Price) x 100Yield = ($20,280 / $300,000) x 100Yeild = 0.0676 x 100Yeild = 6.76%Sounds like a good return to me considering the 5.81% interest rate.

]]> d1f3f0b7a519b241894c9dfcf1c7c193 freelance replied to the topic My first reno in the forum Value Adding https://www.propertyinvesting.com/topic/4394446-my-first-reno/page/3/#post-4594223 Thu, 19 Mar 2009 23:15:37 +0000 Well done Melanie,All the best for a good sale

]]> 83823dad90e7f87f28a2725e29a5a364 freelance replied to the topic Excellent overview of Discretionary Trusts in the forum Excellent overview of Discretionary Trusts https://www.propertyinvesting.com/topic/4395660-excellent-overview-of-discretionary-trusts/#post-4600739 Wed, 11 Mar 2009 05:59:06 +0000 Thanks for sharing Terry 

]]> fa2e13cc56978d6ced50e06e4f298d6e freelance replied to the topic morgage insurance in the forum Hi Tuboo, - Lender's https://www.propertyinvesting.com/topic/4395659-morgage-insurance-3/#post-4600733 Wed, 11 Mar 2009 05:53:35 +0000 Hi Tuboo,- Lender's Mortgage Insurance (LMI) insures your lender in the event that you default on your property loan.- You will need to pay LMI if you borrow more than 80% of the purchase price.- LMI does not offer you anything.- LMI is a once off fee that you pay to the lender.Cheers

]]> 17fa9c22e50de59b3da2c33d079f21d9 freelance replied to the topic Can someone explain what re-financing is? in the forum Well in Dolf's case he https://www.propertyinvesting.com/topic/4395635-can-someone-explain-what-re-financing-is/#post-4600643 Mon, 09 Mar 2009 04:00:41 +0000 Well in Dolf's case he refinances his properties to purchase depreciating assets (a.k.a liabilities) like his PPOR(only an asset once sold and if it makes a profit)/Cars/Other luxuries – This is how he 'realises' his gains. If you've read Steve's book '0 to 260+ Properties…" you'll find that this technique can become dangerous if you're not…[Read more]

]]> 62365cdef3ab7bfe3a459c4ea8b9e0c3 freelance replied to the topic Can someone explain what re-financing is? in the forum Help Needed! https://www.propertyinvesting.com/topic/4395635-can-someone-explain-what-re-financing-is/#post-4600641 Mon, 09 Mar 2009 03:10:54 +0000 Blai,Refinancing is when you borrow against the current value of the home if it has gone up in value. Dolf chooses not to sell because he'll lose his positive cash flow property and a large chunk of capital gains in tax. If he refinances on the other hand, he keeps the property and is able to use the equity to invest further without being taxed…[Read more]

]]> a224d4ba8a94d0c17513e9f4f0a41596 freelance replied to the topic Early Access clauses in the forum Value Adding https://www.propertyinvesting.com/topic/4395575-early-access-clauses/#post-4600231 Tue, 03 Mar 2009 23:16:23 +0000 Hi RubberduckyAU,An option is an agreement between you and the seller. I'm positive you can negotiate subdivisions within the option clause, but I doubt you are able to do so without the owners consent (without him knowing). It will remain the owners property until you 'exercise' the option.I'll just write up a quick example:You find a property…[Read more]

]]> 786b94d6ae9a5516f03c387d1e4c04ed freelance replied to the topic Early Access clauses in the forum Value Adding https://www.propertyinvesting.com/topic/4395575-early-access-clauses/#post-4600228 Tue, 03 Mar 2009 02:04:23 +0000 You could purchase an 'option' with the same clause, which can also act as a deposit (if specified) but you have more control ie, a long option period, set price, etc.Options give you and only you the right to purchase the property at an agreed price within the specified option period. If you choose not to continue with purchase, the option…[Read more]

]]> 2733627be0bda6c0608a45a1f3b20659 freelance replied to the topic Another "What would you do?" in the forum You never pay capital gains https://www.propertyinvesting.com/topic/4395574-another-what-would-you-do/#post-4600225 Tue, 03 Mar 2009 00:11:37 +0000 You never pay capital gains tax when you sell your PPOR. But since it is now an IP, you will need to pay CGT on sale. If the property is owned as an IP for longer than 12 months you will be entitled to a 50% CGT discount.I suppose the capital gains will be calculated from the exact date it was converted to an IP to the day you actually sell it -…[Read more]

]]> d7082c8e2b52a0537d190b7158542a2a freelance replied to the topic Another "What would you do?" in the forum Hi Shellb78, Don't forget https://www.propertyinvesting.com/topic/4395574-another-what-would-you-do/#post-4600223 Tue, 03 Mar 2009 00:03:24 +0000 Hi Shellb78,Don't forget when you sell the investment property you will pay capital gains tax (you'll have the 50% discount though since you've owned it longer than 12 months). It might be more effective to use the equity in the home to help purchase your new one or at least provide the funds for a down payment.I wouldn't be worried about land…[Read more]

]]> 9c0ae18be6c3a9af9b60c07f41b0af8c freelance replied to the topic Thoughts on Investment Strategies in the forum Creative Investing https://www.propertyinvesting.com/topic/4395141-thoughts-on-investment-strategies/#post-4597805 Thu, 12 Feb 2009 04:09:23 +0000 Thanks again, Plastic. You've been very helpful

]]> 90fb12913609c2a31ce78a8d156e91ca freelance replied to the topic Investing after Bankruptcy... Scared as Hell!!! in the forum Help Needed! https://www.propertyinvesting.com/topic/4395351-investing-after-bankruptcy-scared-as-hell/page/2/#post-4599022 Thu, 12 Feb 2009 04:00:36 +0000 ErikH wrote:
Thanks for you comments on the site, if you ever have any suggestions / comments on how to improve or what to include, please let me know!

Sure! I think your search bar should be placed at the top on all pages (like PI.com) as it's a convenient place to have it. Most users when they can't find what they're looking for won't bother…[Read more]

]]> 8a10f589669b9ff0833899f0d53700af freelance replied to the topic Investing after Bankruptcy... Scared as Hell!!! in the forum Help Needed! https://www.propertyinvesting.com/topic/4395351-investing-after-bankruptcy-scared-as-hell/page/2/#post-4599020 Wed, 11 Feb 2009 10:59:10 +0000 Hi Erik,Good on ya for sharing some nice pointers. And thanks for sharing the hot spotting site! – I should mention it's http://www.hotspotting.com.au/ and not hotspotting.com as this directs you to ebay (for me anyway), go figure.By the way, I had a look at your site recently, it's coming together nicely Cheers mate

]]> 3f01b656119cad1dd53eeb4b25de6eb0 freelance replied to the topic Investing after Bankruptcy... Scared as Hell!!! in the forum Help Needed! https://www.propertyinvesting.com/topic/4395351-investing-after-bankruptcy-scared-as-hell/page/2/#post-4599018 Tue, 10 Feb 2009 09:29:21 +0000 Reistar,Is it just me, or do you reek of spam? Every comment you have made in the past hour is just to advertise you "hands free" deal attraction method.

]]> 305409cf3c2f022300f0755be4c7ce4a freelance replied to the topic Thoughts on Investment Strategies in the forum Creative Investing https://www.propertyinvesting.com/topic/4395141-thoughts-on-investment-strategies/#post-4597802 Tue, 10 Feb 2009 08:18:35 +0000 Thanks for the motivational feedback Plasticscalpel Would you be willing to mention the buyers agent and renovation companies you use?Cheers

]]> 99c98f70a03d14c11f8fd5fdf1fbd6c3 freelance replied to the topic How many trusts????? in the forum Hi Terry, Took me a while to https://www.propertyinvesting.com/topic/4395355-how-many-trusts/#post-4599038 Tue, 10 Feb 2009 04:55:35 +0000 Hi Terry,Took me a while to understand everything considering the large amounts of legal jargon. Seems as though this case is bringing about a lot of change.

]]> 9b1cdfb5efa1290f758ed3a959b3179a freelance replied to the topic How many trusts????? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4395355-how-many-trusts/#post-4599036 Mon, 09 Feb 2009 10:44:51 +0000 Hey Linar,Yeah, good advice is key. I'm forming a solid idea of what I want in terms structuring my investments. It'll save me a lot of time and heartache finding the right lawyer & accountant once I can clearly identify what I need.I am leaning towards keeping several properties within certain trusts depending on their suitability as you have…[Read more]

]]> fe6d77a4aeda41ace105d8ae5ae27812 freelance replied to the topic Should I buy a PPOR and turn it to an IP ? in the forum Help Needed! https://www.propertyinvesting.com/topic/4395364-should-i-buy-a-ppor-and-turn-it-to-an-ip/#post-4599081 Mon, 09 Feb 2009 09:54:45 +0000 To get the FHOG you need to live in the PPOR for 6 months within the first 12 months of settlement. After that, it can be converted to an IP.You will also receive a 50% Capital Gains Tax discount if you own the property for 12 months.

]]> e35d05af2baa6a7cc7552abcf1e2f331 freelance replied to the topic Understanding needed please in the forum Finance https://www.propertyinvesting.com/topic/4395365-understanding-needed-please/#post-4599085 Mon, 09 Feb 2009 09:45:33 +0000 Every goal is achieved one step at a time.Just make sure that every investment you purchase allows you to make another step forward, i.e. growth or income focused investments will provide different results.

]]> cc0cb86246ac476a3a5058d5303add39 freelance replied to the topic Has anyone made any money on the net - Google ads or selling something ? in the forum Creative Investing https://www.propertyinvesting.com/topic/4395340-has-anyone-made-any-money-on-the-net-google-ads-or-selling-something/#post-4598923 Mon, 09 Feb 2009 09:39:22 +0000 I wouldn't get discouraged by that. The net is infinite, there are so many new ideas that are born every day there.Youtube, Facebook, Twitter etc etc were built on an idea and evolved exponentially through the internet.Best of all, its cheap to start, so your risk isn't high at all. Give it a go, what have you got to lose?

]]> f0e559494ba3f62bf65f40f38010a1c3 freelance replied to the topic How many trusts????? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4395355-how-many-trusts/#post-4599034 Mon, 09 Feb 2009 07:30:12 +0000 Terryw wrote:
The trustee can be sacked as soon as your hear of trouble.

I heard the ASIC still has legal power over your assets if your actions are seen as to avoid being sued in the first place.

]]> c6f2e781221fe9cea0286384877f47e4 freelance replied to the topic Has anyone made any money on the net - Google ads or selling something ? in the forum Creative Investing https://www.propertyinvesting.com/topic/4395340-has-anyone-made-any-money-on-the-net-google-ads-or-selling-something/#post-4598921 Mon, 09 Feb 2009 07:21:58 +0000 Hey Craigsed,I completely agree with you there. But in this case I was being sarcastic in regards to Mister selling "little ancient luck stones from the oceans along the Great Ocean Road . 10 bucks each."Note to self: Use a better emoticon

]]> 46bd11679d0b8a4be53dc7b1542635b2 freelance replied to the topic How many trusts????? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4395355-how-many-trusts/#post-4599032 Mon, 09 Feb 2009 06:57:10 +0000 Thanks for sharing Terry & Linar (K).The reason why I asked was because of the reduced asset protection in a trust as mentioned by Linar. Since the trust is not a legal entity, then the trustee (individual or company) will be held responsible in the event of the trust being sued. So if you establish a new trust for each new property without…[Read more]

]]> a97211e18a133e2c961aa19b590cb01c freelance replied to the topic How many trusts????? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4395355-how-many-trusts/#post-4599029 Mon, 09 Feb 2009 02:32:11 +0000 Hi Terry,You say you use a separate trust for each property you own. Few questions:Do you act as trustee or do you use a corporate trustee?If you use a corporate trustee, do you establish a new company with each new trust, or use the same one?If you use a corporate trustee, do you distribute to the trustee, or do you establish a separate company…[Read more]

]]> ae672d0c8b880833139f7504ca8f7c61 freelance replied to the topic Investing after Bankruptcy... Scared as Hell!!! in the forum Help Needed! https://www.propertyinvesting.com/topic/4395351-investing-after-bankruptcy-scared-as-hell/#post-4599009 Sat, 07 Feb 2009 15:30:21 +0000 ummester wrote:
How about having a go at doing something constructive…

Why waste your time on this forum if you have nothing constructive to contribute to this discussion?

]]> 56032b6652866876bdf7779e9ce143c4 freelance replied to the topic Investing after Bankruptcy... Scared as Hell!!! in the forum Help Needed! https://www.propertyinvesting.com/topic/4395351-investing-after-bankruptcy-scared-as-hell/#post-4599002 Fri, 06 Feb 2009 23:31:02 +0000 Ummester,Don't be hard on Elliequinn, everyone's entitled to have a go. She's still saving for a deposit whilst researching the market. I'm sure someone who has suffered bankruptsy isn't going to throw their money around again without thinking it through.

]]> adf22382a2a803307587df28fe65d441 freelance replied to the topic Investing after Bankruptcy... Scared as Hell!!! in the forum Help Needed! https://www.propertyinvesting.com/topic/4395351-investing-after-bankruptcy-scared-as-hell/#post-4598998 Fri, 06 Feb 2009 12:29:21 +0000 People who learn from their mistakes will more than likely succeed when they try, try again.An insane person expects a different result from doing the same thing over and over again. But you on the other hand are trying a new approach, one that will exceed your expectations.As long as you understand what sort of debt you can manage without things…[Read more]

]]> 5b931cf322d84b140750bd4e43d9e2b2 freelance replied to the topic Has anyone made any money on the net - Google ads or selling something ? in the forum I think property still has a https://www.propertyinvesting.com/topic/4395340-has-anyone-made-any-money-on-the-net-google-ads-or-selling-something/#post-4598919 Fri, 06 Feb 2009 12:21:03 +0000 I think property still has a lot more potential

]]> aee714bd6677a279817bd279170e6bde freelance replied to the topic something for everyone - growth history in the forum Help Needed! https://www.propertyinvesting.com/topic/4395307-something-for-everyone-growth-history/#post-4598752 Fri, 06 Feb 2009 00:44:13 +0000 IP Freely wrote:
Historical growth figures are quite vague. Unless you have some indepth familiarity with an area, the growth figures will be meaningless eg: did they build a new hospital (or can major infrastructure), was there major subdivision/building works undertaken etc? These all have an effect on the average and median prices ie as soon…[Read more]

]]> 7d516e0f5fd6ff3dd3538a6ca88ae156 freelance replied to the topic something for everyone - growth history in the forum Help Needed! https://www.propertyinvesting.com/topic/4395307-something-for-everyone-growth-history/#post-4598751 Fri, 06 Feb 2009 00:39:32 +0000 seano4ever wrote:
digger oopps… slightly wrong address (www.rpdata.com.au) – this is the subscription areabut you can still get the information from this link:http://www.myrp.com.au//showProductDetail.do?reportTypeId=1&propertyId=holp this helps

You can also access the same information here: http://reports.rpdata.com.au/ (A little easier to…[Read more]

]]> 0114359d0178ea8e54c3fccc0e03824d freelance replied to the topic Has anyone made any money on the net - Google ads or selling something ? in the forum Creative Investing https://www.propertyinvesting.com/topic/4395340-has-anyone-made-any-money-on-the-net-google-ads-or-selling-something/#post-4598916 Fri, 06 Feb 2009 00:21:32 +0000 Hey Dave,Thanks for taking the time to clear things up.Mister, if you manage to find the examples, I'd still like to see them.Cheers

]]> 59357613f4b6584e1fb175d58e8b6e34 freelance replied to the topic Has anyone made any money on the net - Google ads or selling something ? in the forum Creative Investing https://www.propertyinvesting.com/topic/4395340-has-anyone-made-any-money-on-the-net-google-ads-or-selling-something/#post-4598914 Thu, 05 Feb 2009 22:54:00 +0000 Hey Mister,Yeah I've heard stories like that, especially people who blog. It really depends on how popular their site is. If you had a site with complete rubbish that no one would want to visit, then the ads wouldn't work very well. But then again, people who blog usually talk about rubbish all day long.Same with youtube, you see so many vloggers…[Read more]

]]> 123c4e23172a0ab4f3a3a4608981e044 freelance replied to the topic Has anyone made any money on the net - Google ads or selling something ? in the forum Creative Investing https://www.propertyinvesting.com/topic/4395340-has-anyone-made-any-money-on-the-net-google-ads-or-selling-something/#post-4598912 Thu, 05 Feb 2009 11:08:38 +0000 Hi Mister,How was the couple making $8K through google ads?I thought google ad words was a Pay Per Click (PPC) form of advertising, where the client/advertiser pays google a small amount every time a user clicks on an add that appears during a google search.More info…[Read more]

]]> 692ffd394d793b32c433d092258cdd68 freelance replied to the topic Defer Income Taxes with a 1031 Exchange in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4395338-defer-income-taxes-with-a-1031-exchange/#post-4598906 Thu, 05 Feb 2009 10:46:28 +0000 Thanks for that Eddie I should have done a search before posting this question in the first place as many have already asked.My memory was jolted and got too excited before researching.Thanks guys

]]> 9699a8188142ffdf2ed4c693222bfba4 freelance replied to the topic Bill Gates predicts 10 year recession ... in the forum General Property https://www.propertyinvesting.com/topic/4395244-bill-gates-predicts-10-year-recession/page/2/#post-4598406 Wed, 04 Feb 2009 10:21:18 +0000 Mister wrote:
 I haven't had any luck trying yet but will try the copy and paste. 

Hi Mister,Try using the hyperlink button that appears in the comment toolbar (it looks like a chain).

]]> eedd04510ec340270271657acb0749b7 freelance replied to the topic Neil Jenman Story in the forum General Property https://www.propertyinvesting.com/topic/4395325-neil-jenman-story/#post-4598847 Wed, 04 Feb 2009 09:08:25 +0000 What's the deal with Neil anyway?I've only recently heard of him a few months ago and originally thought  – "OK this guy is interested in everyone having a fair go". But lately I find a lot on the forum are annoyed with his actions, as many find him to be a real arrogant SOB (for lack of a better word).I was on his site today and was curious to…[Read more]

]]> d0c71b239dfd5b7118c6ab507372cba5 freelance replied to the topic Global Reseshion, what will it do to house prices??? in the forum Help Needed! https://www.propertyinvesting.com/topic/4395298-global-reseshion-what-will-it-do-to-house-prices/#post-4598652 Mon, 02 Feb 2009 05:06:42 +0000 Tony B wrote:
WJYes I new someone would say something about it. I have 3 Degrees and still cant spell, I do have a problem called dislexia (I hope I spelt that correctly) which is a real pain on these forums as it take me ages to check. But I have discovered the spell check on this site. Im sure you will see a marked improvement.  I also enjoy…[Read more]

]]> c453ea72a0bdefd973b516ed4c8a84c9 freelance replied to the topic FHOG with gaurantoir aspect? in the forum Finance https://www.propertyinvesting.com/topic/4395300-fhog-with-gaurantoir-aspect/#post-4598690 Mon, 02 Feb 2009 03:50:23 +0000 WJ Hooker wrote:
Lachlan,               Doesn't sound like a good idea to me. Why would your friend want your name on his half of the house? Are you going to marry your friend? And if you decide not to pay the bills then your friend will have to pay the lot !

Agreed. That's an awful lot of trust this friend has in you Lachlan

]]> 2bd85642a767651bbd19308128705696 freelance replied to the topic FHOG with gaurantoir aspect? in the forum Finance https://www.propertyinvesting.com/topic/4395300-fhog-with-gaurantoir-aspect/#post-4598689 Mon, 02 Feb 2009 03:46:42 +0000 I'd imagine it would be ok. The FHOG should only apply to whoever has their name on the title not who services or guarantors the loan.It would be best to confirm with someone else though.

]]> 64cf81fc9a1f0b21fd8003b250fea85e freelance replied to the topic Help - Should i buy a second investment in the forum Help Needed! https://www.propertyinvesting.com/topic/4395266-help-should-i-buy-a-second-investment/page/2/#post-4598492 Sat, 31 Jan 2009 00:08:03 +0000 kum yin lau wrote:
The cost of setting up a trust may be not much, mine was $1600 but thereafter, administering the trust means accounting / audit fees etc. You need to ensure that any tax advantages are more than what it costs else you may end up losing money.

Hi Kum Yin Lau,Yeah I was considering the costs involved a while back. But if I was…[Read more]

]]> 5183abe4a03b649e9c649d0970106cb3 freelance replied to the topic Help - Should i buy a second investment in the forum Help Needed! https://www.propertyinvesting.com/topic/4395266-help-should-i-buy-a-second-investment/#post-4598485 Fri, 30 Jan 2009 03:26:36 +0000 Excellent, it seems like I've got all my questions covered. Thanks for taking the time to walk me through it! You're an account right? I'll send you a PM if you can help me set up a trust in the near future. (I'm a Sydney resident by the way)

]]> c08dcc26be0e16786f46eef1efb172dc freelance replied to the topic Help - Should i buy a second investment in the forum Help Needed! https://www.propertyinvesting.com/topic/4395266-help-should-i-buy-a-second-investment/#post-4598483 Fri, 30 Jan 2009 03:02:58 +0000 Oh wait, I think I see where you're going.You distribute enough income to your wife, kids and yourself to cover living/comfort expenses and then require all other beneficiaries to return their share as a gift to the trust. You then use the money placed back in the trust to invest further and much more efficiently since you haven't paid a large CG…[Read more]

]]> 623ad94a550ab2ea1aade927a4ec05e0 freelance replied to the topic Help - Should i buy a second investment in the forum Help Needed! https://www.propertyinvesting.com/topic/4395266-help-should-i-buy-a-second-investment/#post-4598482 Fri, 30 Jan 2009 02:55:30 +0000 Hi Dan,You say I can enter an arrangement (not an agreement) to have the beneficiary gift back their distribution. In other words, this arrangement is not governed by law. Correct?When the beneficiaries gift back to the trust, it will remain with the trust and not myself? If this is so, then I'd be going in circles wouldn't I? Or can I distribute…[Read more]

]]> 39ec2275060bc1af8651838125c2beb3 freelance replied to the topic Help - Should i buy a second investment in the forum Help Needed! https://www.propertyinvesting.com/topic/4395266-help-should-i-buy-a-second-investment/#post-4598480 Fri, 30 Jan 2009 01:10:15 +0000 reno209 wrote:
Last year, I deducted over $4K back as depreciation on my 2 bedroom unit, which is 9 years old. If you have positive cashflow, I think you can still claim the depreciation as a loss, which may turn your positive cashflow into negative gearing for the tax man. (Check these facts, I'm still new at all of this).

Hi Reno & B…[Read more]

]]> e1ef21b83d5ac033bdb6760b884ac348 freelance replied to the topic Help - Should i buy a second investment in the forum Help Needed! https://www.propertyinvesting.com/topic/4395266-help-should-i-buy-a-second-investment/#post-4598479 Fri, 30 Jan 2009 01:04:26 +0000 Hi Dan,Thanks for clarifying. One more question though:If I set a large number of beneficiaries and distribute income to unemployed or low income earners to reduce the amount of tax payable, how is this taxed income then distributed back to myself and my partner? Is it simply a matter of trusting my beneficiaries to transfer the money to me, or…[Read more]

]]> e5c5dd0d9eea5f1a2fc296caee492d0f freelance replied to the topic Help - Should i buy a second investment in the forum Help Needed! https://www.propertyinvesting.com/topic/4395266-help-should-i-buy-a-second-investment/#post-4598476 Fri, 30 Jan 2009 00:25:06 +0000 Hi Dan, Yes, that's what I was trying to say.When you said:

Dan42 wrote:
The trust, in its deed sets who can receive distributions from the trust income, and 'benefit' from the trust. The deeds are usually set so that you can choose to distribute to yourself, your kids, your parents, nieces, nephews, and any other entities associated with you,…[Read more]

]]> 6bf692d15d60959d2330493c675d7ac1 freelance replied to the topic Help - Should i buy a second investment in the forum Help Needed! https://www.propertyinvesting.com/topic/4395266-help-should-i-buy-a-second-investment/#post-4598474 Thu, 29 Jan 2009 23:29:04 +0000 Richard,In my case, I intend on building a portfolio large enough to support financial freedom for myself and my partner. So I like the idea of a Discretionary Trust protecting our IP's. Eventually I would like to obtain large income producing assets. i.e. Commercial Property.So if I set up my Trust now I will be prepared for future activities. I…[Read more]

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