The advantage and disadvantage of commercial property is listed in “How Investing in Commercial Property Really Works” by Martin Roth + Chris Lang. It is only $30 (priceless). There are so much info in there. Buy it, read it then you know what I meant.
Warm Regards
ChanDollars
[Keep going, you’re on your way to financial freedom]
I live in Sydney and I am just starting the IP road. I live in Sydney as well so you are not different to other coz a lot of forumite here live in Sydney.
It seems that QLD is the talk about finding positive geared properties but because I live in Sydney it makes it hard to get time off work to see properties. I…[Read more]
SOUTH AUSTRALIA – 2003
Threshold $50,000
Tax Rate $50,001 – $300,000 .35% of every dollar above $50,000
Tax Rate $300,000 – $1,000,000 $875 plus 1.65% of every dollar above $300,000
Tax Rate $1,000,001 and above $12,425 plus 3.7% of every dollar above $1,000,000
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New South Wales – 2003
(updated as on 1st January every…[Read more]
Read property investment books as much as you can, attend free seminars as much as possible. Take 3 main points (strategy) that valuable and interest you and apply it. If you read say 30 property investment books and attended 7 seminars then you got 111 strategies to use in your investing journey.
I alway like to congratulate myself…don’t ask me why?
If I tell then I have to kill you.
Melbear,
May be I just wanna be different.
Rugbyfan,
May be Kay going to post soon from Austria.
S.I.S,
Where are you man? Your hotmail box is full. You better check it. I try to send some info to you.
email me when you finish empty your…[Read more]
Good point. I have read that if you are planning on becoming bankrupt and transfer your assets knowing this, then the bankruptcy court can overturn these transactions as the purose was to defeat creditors. But I think if you are just purchasing assets on behalf of the trust, then they are generally out of…[Read more]