PropertyInvesting.com | Imstillhungry | Activity https://www.propertyinvesting.com/members/imstillhungry/activity/ Activity feed for Imstillhungry. Sun, 12 Apr 2026 16:05:18 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 93de6c055c9bed502714cafd52c98a1a Imstillhungry replied to the topic Land tax in NSW in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368077-land-tax-in-nsw/#post-4429502 Sat, 27 Sep 2003 23:16:50 +0000 PS: The news about the discretionary trust/hybrid trust not receiving the benefit of the threshold is just depressing, but thanks for alerting me to the horrible fact[:)].

Hungry[B)]

]]> eda16dd5e7a11a89c17d5d2fa23a7114 Imstillhungry replied to the topic Land tax in NSW in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368077-land-tax-in-nsw/#post-4429501 Sat, 27 Sep 2003 23:12:16 +0000 Hi Huey,
I’ve heard the idea of no land tax in units trusts being mentioned before, but this is the reply I got from the NSW OSR a couple of days ago:

quote:

Re: Trusts

Unit Trusts are not exempt from land tax,they get the benefit of the
tax free threshold which is $261,000 for the 2003 tax year.

If the total land value of property in the Unit…

[Read more]

]]> f2b16799aa233948caa372e217e26963 Imstillhungry replied to the topic Company Trusts in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368207-company-trusts/#post-4430273 Fri, 26 Sep 2003 00:20:57 +0000 That’s right, BB, you need the right people for the job.

I have an Oz P/L as trustee for an Oz discretionary trust. I inquired about the chance of getting a loan from a NZ banking institution. The reason I asked is that some people on this site seemed to think it was way too difficult. So did I at that stage but I thought it couldn’t hurt to ask…[Read more]

]]> 901357b5b7092f770dea6b72a5128135 Imstillhungry replied to the topic HECS Debt in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368022-hecs-debt/#post-4429206 Mon, 22 Sep 2003 09:46:52 +0000 Huey,
If she wants to teach English in Japan…too easy[:P]

Regards,
Hungry[:D]

]]> 583dd87950287013dfea05d49955a156 Imstillhungry replied to the topic Land tax in NSW in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368077-land-tax-in-nsw/#post-4429496 Mon, 22 Sep 2003 04:26:14 +0000 Hi Huey,

I’m REALLY no expert but…

“I bought my Sydney IP almost 2 years ago. I didn’t receive any notice from the council regarding land tax. Is that because it’s land value is still under the threadhold of $261K ?”
Yep[:)]

“How can I find out it’s land value?”
If you check out the gov. vluation that should include land value and improvements…[Read more]

]]> abc605abbef9ee0e5ca468dfd62d5c48 Imstillhungry replied to the topic HECS Debt in the forum No Subject https://www.propertyinvesting.com/topic/4368022-hecs-debt/#post-4429204 Mon, 22 Sep 2003 04:05:51 +0000 Hi Scott,

I have done everything unseen from JP (solicitor, agent inquiries, valuations etc.)so far using the internet resources (ADSL is beautiful!!!)and the good old Brastel phone cards. I am due to call a builder today to organise an inspection. I’ll use the online yellow pages[:)].

I was a little wary at first, but as long as the offers are…[Read more]

]]> a78a9a90ecb27f8cfad2585526423632 Imstillhungry replied to the topic Rich Dad Poor Dad in the forum No Subject https://www.propertyinvesting.com/topic/4367599-rich-dad-poor-dad/page/2/#post-4426970 Mon, 22 Sep 2003 03:25:51 +0000 People have always communicated “true” concepts and principles couched in parabolic symbolism since the the evolution of complex and developed language. Story has always been the favourite medium for communicating thoughts, ideas and beliefs as many of the world’s most ancient manuscripts testify. The fact of the matter is, a true story doesn’t…[Read more]

]]> ebcfb392e184adecb3ac155a156d0bb9 Imstillhungry replied to the topic trust - disadvantages in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368063-trust-disadvantages/#post-4429451 Mon, 22 Sep 2003 02:56:29 +0000 Hi J.,

Not sure where you are, but In QLD there is no distinction regarding trusts. All trusts are land taxed based on unimproved land value on a sliding scale the maximum being 1.8% for >1.5 MIL. The cap for QLD is 170K for trusts, NSW I think is around 260K (don’t know if trusts are taxed differently to this) and victoria do the .1c-5c in the…[Read more]

]]> 43474cfcc4cf51cd0221227badd8c206 Imstillhungry replied to the topic HECS Debt in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368022-hecs-debt/#post-4429202 Sat, 20 Sep 2003 11:58:54 +0000 Hi again,

I’ve just been looking at the HECS deal on the net. You don’t actually incur any interest[:)]. It just creeps along with inflation. So, since that is the case, I wouldn’t worry too much about paying it off in a lump sum (any payment over $500 is still awarded a 15% reduction in the amount you are paying off…higher reductions if the…[Read more]

]]> fa3c466261a8af92272e1cb6b2afc3cf Imstillhungry replied to the topic HECS Debt in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368022-hecs-debt/#post-4429200 Fri, 19 Sep 2003 23:45:08 +0000 Hi Scott,

To tell the truth, mate, I really think it all revolves around how much debt you actuall have. Mine is almost 10K (nice deposit[xx(]) by now with the growing interest (which is higher for a supplement loan I believe). If yours is significant it will still compound at three percent. If it is a low amount it won’t be so onerous, but that…[Read more]

]]> 039eca89f882c3b783a306ec5309f931 Imstillhungry replied to the topic HECS Debt in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368022-hecs-debt/#post-4429198 Fri, 19 Sep 2003 14:42:10 +0000 Hi Scott,

Mmmmm…good question. I’d like some light on this one too. So far I havn’t mentioned it because it doesn’t really qualify as a student loan, does it?

I have a hefty Austudy supplement loan that I plan to pay as soon as I can simply because I just don’t like the idea of having the thing growing like a cancer in the dark recesses of my…[Read more]

]]> f0fd0993ce278c37082016937962899f Imstillhungry replied to the topic dolf de roos seminar in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368015-dolf-de-roos-seminar/#post-4429173 Fri, 19 Sep 2003 14:22:33 +0000 Hi guys,

Dolf is an entertaining presenter. If you want the info, buy the book. But really, for the motivation and networking you’ll get, $60 bucks aint much! Go hard, I reckon.

I’m just wondering if his jokes are any better than when I saw him three years ago…

Regards,
Hungry[:D]

]]> e7212625c56bd39cba2cca501d0f76fb Imstillhungry replied to the topic am I the only one? in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368021-am-i-the-only-one/#post-4429189 Fri, 19 Sep 2003 14:17:13 +0000 Well Pinky, the author is one of those accountant types, you know. They are quite intelligent…but a little low on artistic creativity [:O]

I haven’t read his book, BUT I was bogged down with a text on family systems psychological theory by some french guy (?) once that I couldn’t really come to grips with. I mentioned it to my lecturer and she…[Read more]

]]> 296d4e3ef21df45c4029105241a9f84c Imstillhungry replied to the topic What's your profession? in the forum No Subject https://www.propertyinvesting.com/topic/4367252-whats-your-profession/page/12/#post-4424701 Fri, 19 Sep 2003 13:46:53 +0000 Hi guys (generic [8)]),

My wife and I are both currently teaching English in Japan…not much different to factory work really…bring em in, process them and send them out…NEXT! [xx(]

We are most recently from Brisbane but were both born in NSW. My wife started the whole “make money work for you” thing with Rich Dad Poor Dad (aint he got a lot…[Read more]

]]> c3e815d1b13eecf4b8e313ed5700d2a3 Imstillhungry replied to the topic Rents in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4367929-rents/#post-4428724 Thu, 18 Sep 2003 12:00:41 +0000 Hey Milkman,
I’m forever ringing up agents in the same area to get an idea of what the rents might be. I usually ask three different agents to get a reasonable ball park figure. You have to take the condition and extras into account.

By the way, they want you to buy IF they think you are a buyer. I’ve called agents and asked about rental prices…[Read more]

]]> 8046f7dd3462099ae946995455e33ad6 Imstillhungry replied to the topic NZ suburbs in the forum No Subject https://www.propertyinvesting.com/topic/4366580-nz-suburbs/page/6/#post-4420356 Tue, 16 Sep 2003 13:04:42 +0000 A big thanks to you Mini[:D], I’ve noticed over the months that you are very generous with your time…really appreciated.

You’ve cleared my mind considerably. That is no mean feat [xx(]!!!

Just one question:

I have made contact with a solicitor in the north. Can I use this guy with any property transaction in NZ, or is it more convenient to use…[Read more]

]]> 2bfa03cec92c298c91937e294fecc1b3 Imstillhungry replied to the topic NZ suburbs in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4366580-nz-suburbs/page/6/#post-4420354 Tue, 16 Sep 2003 12:26:00 +0000 Firstly, a big thankyou to all the contributors on this forum over the last year or so. You’ve inspired and motivated me to take the big first step and buy my first IP…well, actually, I haven’t bought it yet[:I]. I’ve been on the hunt now for three weeks. Each time I’ve found one that fits my criteria others have always beaten me to it or have…[Read more]

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