PropertyInvesting.com | Wayne | Activity https://www.propertyinvesting.com/members/glenandwayne/activity/ Activity feed for Wayne. Tue, 14 Apr 2026 21:21:44 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 d5201b54ac0fe931ed5557a1eac4977a Wayne replied to the topic Advice needed on cross collateralling of IPs in the forum Help Needed! https://www.propertyinvesting.com/topic/5019251-advice-needed-on-cross-collateralling-of-ips-2/#post-5019646 Tue, 02 Feb 2016 21:05:05 +0000 I agree… Cross-securitising loans can be dangerous if there is something like an “all-monies” clause… Basically gives the bank permission to access and call in all your properties if they see something wrong/bad happening

]]> 7906d6a2ffb91fb03cd286bde5fb97d2 Wayne replied to the topic Buying Property Under Personal VS Trust in the forum Help Needed! https://www.propertyinvesting.com/topic/5019611-buying-property-under-personal-vs-trust/#post-5019645 Tue, 02 Feb 2016 20:59:35 +0000 If the property costs more than $462,000 (2016) you will be required to pay land tax ($100 + 1.6% up to the premium threshold). However this is deductible and should be taken into account when working out your figures to ensure the property remains positive cashflow.

If it does, then this can be distributed to yourselves personally and may in…[Read more]

]]> 53c19e830d57ca80e65004c0544367ca Wayne became a registered member https://www.propertyinvesting.com/activity/p/335251/ Sat, 30 Jan 2016 08:48:47 +0000