PropertyInvesting.com | jnb | Activity https://www.propertyinvesting.com/members/jnb/activity/ Activity feed for jnb. Fri, 17 Apr 2026 11:54:04 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 c1ba84728c907bc98d6ba9773cb9bc1f jnb replied to the topic Loaning Vs Gifting To Family Trust? in the forum Help Needed! https://www.propertyinvesting.com/topic/4394677-loaning-vs-gifting-to-family-trust/#post-4595388 Tue, 09 Oct 2012 13:23:57 +0000 Thank you Terry. What is a deed of gift? and where can i find a sample of the same?

]]> 47ce5af0e0f1c9ca44d5df6c7274d484 jnb replied to the topic Loaning Vs Gifting To Family Trust? in the forum Help Needed! https://www.propertyinvesting.com/topic/4394677-loaning-vs-gifting-to-family-trust/#post-4595387 Tue, 09 Oct 2012 13:01:58 +0000 i mean a deed of gift

]]> 43d196dd53fc05106afc7a92a72651cc jnb replied to the topic Loaning Vs Gifting To Family Trust? in the forum Help Needed! https://www.propertyinvesting.com/topic/4394677-loaning-vs-gifting-to-family-trust/#post-4595385 Tue, 09 Oct 2012 12:12:12 +0000 Hi Terry/James

Thank you for your knowledgable posts. We just purchased our first investment  under a discretionarty trust with a company as trustee. 97% was finance and the rest of the funds around 30000 was intended as gift to the trust as it was our personal funds. We made a mention of this in our minutes for the trustee company. But we…[Read more]

]]> 80d27ae7bfdf0b4116a7fb87e82c1e5a jnb replied to the topic what would you do with 160k LOC? in the forum General Property https://www.propertyinvesting.com/topic/4407028-what-would-you-do-with-160k-loc/#post-4673022 Fri, 06 Jul 2012 08:00:50 +0000 Thanx Jamie and Richard. My accountant is a chartered accountant and he himself invests a lot into property an developments.thank you for your valuable advice. Will definitely keep your advise in mind.

]]> 6a22b923aa7fb6eb32f4846247520c3d jnb replied to the topic what would you do with 160k LOC? in the forum General Property https://www.propertyinvesting.com/topic/4407028-what-would-you-do-with-160k-loc/#post-4673019 Wed, 04 Jul 2012 15:22:25 +0000 Our serviceability is good. Our accountant says we can borrow another 750 K or so. We have our PPOR rented i.e. is negatively geared. Our IP about 25$ a week negatively geared if you include all expenses involved so we are now looking for a positively geared property to offset the negative gearing. Our goal is pick up 10 properties in 10 years .…[Read more]

]]> aeb7a249c91d57af111747215c78ca8f jnb replied to the topic our experience with Homeloans in the forum Setting up a trust wasn't https://www.propertyinvesting.com/topic/4407030-our-experience-with-homeloans/#post-4673039 Wed, 04 Jul 2012 15:16:02 +0000 Setting up a trust wasn’t very difficult. Just make sure you get a professional to do it at least the first time for you. It cost me 1650. We set up a family trust with a company as trustee with my husband and I as appointees of the trust and beneficiaries. We then set up another trust that was the share holder of the company for asset protection…[Read more]

]]> f7d45707533d47487827bb35c2a6c8fe jnb replied to the topic renovate the kitchen or not? in the forum Creative Investing https://www.propertyinvesting.com/topic/4407029-renovate-the-kitchen-or-not/#post-4673028 Wed, 04 Jul 2012 14:23:44 +0000 Our property purchase price is 310000. We bought it 25k under market price. So 6.5k is around 2%. thanx for the info Kathryn. Yes Joe you are right, kitchen is always the focal point. Thanx

]]> 0a521beef78da6ec14f32656c16a8a4a jnb replied to the topic renovate the kitchen or not? in the forum Creative Investing https://www.propertyinvesting.com/topic/4407029-renovate-the-kitchen-or-not/#post-4673025 Wed, 04 Jul 2012 09:44:59 +0000 So you reckon its still worth spending 6500 if we can get 80$ extra rent each month? thanx Jo

]]> 0f05e1dc48b637a45b193d38c9aed991 jnb replied to the topic high income earners and negative gearing in the forum General Property https://www.propertyinvesting.com/topic/4406804-high-income-earners-and-negative-gearing/#post-4671477 Wed, 13 Jun 2012 11:48:50 +0000 thanx Richard, will surely do. hi mattsta. thank you for your response.Yes we have decided to stay put for a year and pay more into our properties to make them positive. I have in the meanwhile asked ANZ to do a valuation on the exPPOR to check what equity we have on that one.

]]> e07fe9b3a607d5a26f4e076a4ccb8335 jnb replied to the topic Mackay? in the forum General Property https://www.propertyinvesting.com/topic/4406835-mackay-4/#post-4671660 Wed, 13 Jun 2012 11:44:59 +0000 thanx a lot maxi10

]]> adea4340f3cc5cfe55dab74382c6e09b jnb replied to the topic Mackay? in the forum General Property https://www.propertyinvesting.com/topic/4406835-mackay-4/#post-4671656 Tue, 12 Jun 2012 10:57:52 +0000 :) thanx Dubstep

]]> fab425b9a936bcca8d4bbf21f2c0e40b jnb replied to the topic Mackay? in the forum General Property https://www.propertyinvesting.com/topic/4406835-mackay-4/#post-4671654 Tue, 12 Jun 2012 09:41:05 +0000 Hi Anthony

thank you for your input. Any particular areas that your would recommend? thank your

]]> 7a7ae4131eb53889132cc95649c49556 jnb replied to the topic WealthScore.... How Did You Go? in the forum phew. initially i filled the https://www.propertyinvesting.com/topic/4390643-wealthscore-how-did-you-go/page/7/#post-4573226 Mon, 11 Jun 2012 02:36:30 +0000 phew. initially i filled the price of my own home in the PPOR section and my score -609 but then i remember we have rented it out and reentered the info and our score is 294 :) thank you steve this is such an eye opener. I don’t think i will ever move back into our PPOR :0

]]> 791e96ccf63133fb5e0ca4b6aae9882b jnb replied to the topic high income earners and negative gearing in the forum General Property https://www.propertyinvesting.com/topic/4406804-high-income-earners-and-negative-gearing/#post-4671475 Mon, 11 Jun 2012 02:26:51 +0000 Hi Richard

Can you tell me more about the UK investment?

Cheers

Jnb

]]> 909b07a15283bb8329bbfc11a6abee69 jnb replied to the topic Tax return advise: claiming course fees in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4406784-tax-return-advise-claiming-course-fees/#post-4671346 Mon, 11 Jun 2012 02:25:10 +0000 thank you terry

]]> 6ed93cedde1fd694e4000de50c129ae3 jnb replied to the topic Moranbah and Surrounds in the forum General Property https://www.propertyinvesting.com/topic/4406800-moranbah-and-surrounds/#post-4671431 Sun, 10 Jun 2012 12:05:01 +0000 interesting read thanx

]]> fc06844c305a9ace620ee25fccc804cc jnb replied to the topic high income earners and negative gearing in the forum General Property https://www.propertyinvesting.com/topic/4406804-high-income-earners-and-negative-gearing/#post-4671473 Sun, 10 Jun 2012 12:02:27 +0000 oh i get it, i went back to your earlier post, yes the marginal tax is huge but then we worry of asset protection, i guess if we borrow the maximum equity, this should cover, without compromising the CGT. Am i right?

]]> 0fe1ee317f19e135ecdccdfcb7a6f4de jnb replied to the topic high income earners and negative gearing in the forum General Property https://www.propertyinvesting.com/topic/4406804-high-income-earners-and-negative-gearing/#post-4671472 Sun, 10 Jun 2012 11:59:27 +0000 What is the advantage of transferring the property into my husband’s name? We were thinking in terms of asset protection and me doing a less riskier job thought it would be safer to have it in my name. Am I wrong? Yes we have just realised that and that is definitely our next consideration now that you have pointed out to look for value adding…[Read more]

]]> b53c4f35238408eb32229ea8f8da7850 jnb replied to the topic high income earners and negative gearing in the forum General Property https://www.propertyinvesting.com/topic/4406804-high-income-earners-and-negative-gearing/#post-4671469 Sun, 10 Jun 2012 10:08:30 +0000 hi Richard

yes i am aware we can’t negative gear the IP in the trust, what i meant was the PPOR rented out.
The spousal buy out is something we hadn’t thought about. How do we do this? Just transfer the title to my name?
We have requested A*Z to set up an equity loan to buy our next investment property.
No the properties are not…[Read more]

]]> ea15eeb64d82fe8cb212dbe06025c252 jnb replied to the topic high income earners and negative gearing in the forum General Property https://www.propertyinvesting.com/topic/4406804-high-income-earners-and-negative-gearing/#post-4671468 Sun, 10 Jun 2012 09:34:24 +0000 Hi Bardon

Thank you of your response and suggestions. Yes we do intend to move back into our PPOR in 3 years time as we do not want to miss out on the CGT.

How do we borrow 105% finance? Is that by using equity in the PPOR?
Also, we have purchased our IP under a DT structure with company trustee and the share holders of the company is another…[Read more]

]]> d2edca29263cd40f83acb5092ebc0403 jnb replied to the topic Best property investment lender for the self employed? in the forum Finance https://www.propertyinvesting.com/topic/4405952-best-property-investment-lender-for-the-self-employed/#post-4664387 Sun, 10 Jun 2012 06:03:01 +0000 Hi Richard is that Homeside (NAB subsidiary) or NAB?

]]> f873069c42e413ad75b7df1288418f4d jnb replied to the topic Best property investment lender for the self employed? in the forum Finance https://www.propertyinvesting.com/topic/4405952-best-property-investment-lender-for-the-self-employed/#post-4664385 Sun, 10 Jun 2012 03:36:50 +0000 Hi Peter

We just got our loan sanctioned through our mortgage broker from Homeloans Ltd. We approached A*Z directly they straight away asked for ABN returns for 2 years. My husband has been working under his ABN only for the past 3 months. So this was fantastic for us. they were ready to give 95% but we only took 87%. A mortgage broker is the…[Read more]

]]> 4ace8f2c6ea6b2c3dc0df237aab23605 jnb replied to the topic high income earners and negative gearing in the forum General Property https://www.propertyinvesting.com/topic/4406804-high-income-earners-and-negative-gearing/#post-4671465 Sun, 10 Jun 2012 02:41:54 +0000 Hi Derek

Thank you for your response. Or strategy is not tax focussed at all. The goal is to have 10 positively geared properties in 10 years time (not including our PPOR), 9 years to go now. This is so that my husband can start working less hours as he now works 60hrs a week!!!

We ended up with two negatively geared properties by default…[Read more]

]]> dee95a203dfdbe2cfe9719683bf11cc1 jnb started the topic high income earners and negative gearing in the forum General Property https://www.propertyinvesting.com/topic/4406804-high-income-earners-and-negative-gearing/ Sat, 09 Jun 2012 15:49:39 +0000 hello everyone

I have been lurking around this forum for more than 2.5 yrs and this is my first post :( but this forum has helped me learn a lot. my husband earns 250000 a year and i work part time and earn 35000 a year. we have two properties. Our PPOR which has now been rented out, we fork out 150/wk to cover the P&I loan repayment. We have also…[Read more]

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