https://www.propertyinvesting.com/members/maurices/activity/ Activity feed for MauriceS. Mon, 13 Apr 2026 19:23:53 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 4ad43e88c910167bfec99c3312ff0dc5 https://www.propertyinvesting.com/topic/4406563-accountant-recommendations-in-melbourne/#post-4669632 Sat, 26 May 2012 14:11:02 +0000 Thats what the state revenue office charge.  How much is it in NSW?  I am working on a feaso for a Syndey client at the moment. 

]]> eee749e805f2b2bf413b684814597b0e https://www.propertyinvesting.com/topic/4406563-accountant-recommendations-in-melbourne/#post-4669630 Sat, 26 May 2012 13:59:39 +0000 Terry – $200 down here for stamping a trust.Rob – Looks like l am little late.  But would have been more than happy to have a chat with you.

]]> 56c0c13dca8fea9f8e4a7f645f080ddd https://www.propertyinvesting.com/topic/4406158-3-townhouses-on-a-650-sq-m-block-in-whitehorse-council/#post-4666012 Sun, 25 Mar 2012 23:44:13 +0000 You will probably need the help of a town planner.Try contactingBreece GevauxHub Town PlanningPh: 0438 026 077Email: breece@hubplan.com.auHe would be able to tell you if what you are looking at doing is possible.RegardsMaurice

]]> b3e6de55533c0a2dbc1ce53978efb499 https://www.propertyinvesting.com/topic/4406089-taxation-query-scenario/page/2/#post-4665504 Sun, 25 Mar 2012 07:52:04 +0000 Hi allJust to clarify generally speaking, interest is deductible if the borrowed money is being used for income-producing purposes.  If the borrowed money is being used for private purposes, then interest on this part of the loan is non-deductible.Most of you probably already knew the above but l guess the question that you really want answered…[Read more]

]]> 5116ff5f0324d1224eafca02997fe626 https://www.propertyinvesting.com/topic/4406169-how-to-calculate-the-depreciation-paper-loss/#post-4666115 Sun, 25 Mar 2012 03:49:10 +0000 Hi TaylorPrior to answering your question a little more clarification is required with what you mean by "the depreication schedule shown that the property has $7,847 for this year."Do you mean that you have $7,847 that is deductible this year for depreciation on the property or do you mean that there is $7,847 of capital items that are available…[Read more]

]]> bf890d7694d1097fb5a890741ace7c9f https://www.propertyinvesting.com/topic/4404956-the-renovators/#post-4657318 Fri, 14 Oct 2011 11:02:44 +0000 Watching the finale l thought wouldn't it have been a more interesting show if they had bought 6 houses where you could build a unit in the backyard.  Have a budget for the unit and a budget for a cosmetic reno to the existing house.  Cheers Maurice

]]> 322ae719436cdc43a3634c7e13752108 https://www.propertyinvesting.com/topic/4404963-beginner-not-sure-where-i-start/#post-4657352 Fri, 14 Oct 2011 10:45:44 +0000 Hi Tigermiger,Listen to the advice on this forum and you won't go too wrong.  Great place to start is the section 32 and a chat to the council as well as get the council development guidelines off their website.  Be sure to engage a town planner in what you are planning to do as they will tell upfront whether you are in the ballpark of what you a…[Read more]

]]> d874ee10aa737b2329e4509e15132d55 https://www.propertyinvesting.com/topic/4404956-the-renovators/#post-4657311 Thu, 13 Oct 2011 10:47:10 +0000 Total entertainment and very unrealistic as it didn't take into account stamp duty, prizes won, selling fees, interest costs and loss of income from their day jobs while they were renovating.  Therefore none of the houses made a profit. Hopefully channel 10 covered all these costs with advertising revenue it would have been a pretty expense pro…[Read more]

]]> 991385e5a97c80405a05113c5d8f5351 https://www.propertyinvesting.com/topic/4402806-so-what-rate-interest-rate-are-you-getting/page/3/#post-4642048 Tue, 04 Oct 2011 11:10:27 +0000 Hi All,Just got 6.9% variable through investec with 6.39% 3 yr fixed or 6.40% 2 yr fixed.RegardsMaurice

]]> 396ce0dd886807a3ac150698ad0e6514 https://www.propertyinvesting.com/topic/4404139-backyard-subdivision/#post-4651234 Tue, 04 Oct 2011 11:05:26 +0000 Hi baysider,Just wondering how your backyard project is going?  My business partner and l have a residential construction company and would be happy to discuss your project with you if you are looking for a builder to JV with you on this project, we are located in the south eastern suburbs of Melbourne.  RegardsMaurice

]]> ca859ba15aae5f99dea5e3cb71fded2c https://www.propertyinvesting.com/topic/4404594-property-development-8/#post-4654899 Sat, 01 Oct 2011 03:40:38 +0000 Hi PeterWhat state are you looking at doing this development?RegardsMaurice

]]> 65f838cd4dfc99669d058bb52236196c https://www.propertyinvesting.com/topic/4403674-development-on/page/2/#post-4648049 Sat, 01 Oct 2011 02:30:54 +0000 Hi WeathlyJVD/Sash,I would be more than happy to help you guys out if you needs some estimates on build costs send me a PM and we can discuss further.Once you have endorsed council plans l would be more than happy to help you out on the construction side of things.  My business partner and l specialise in the construction of dual occs and mu…[Read more]

]]> ecb3d0c044242b364491d7c5836c798e https://www.propertyinvesting.com/topic/4403972-recommendation-good-draftsman-bayside-area-vic/#post-4650081 Sat, 01 Oct 2011 02:23:05 +0000 Hi MattHow did you go with your sub-division?RegardsMaurice

]]> d2c9e32b043259eee4b88599de2114f7 https://www.propertyinvesting.com/topic/4404862-vendor-finance-property-with-planning-permit-for-a-townhouse-in-the-backyard/#post-4656782 Sat, 01 Oct 2011 01:19:42 +0000 Hi PaulThanks for your reponse.I've meet with Lewis previously so l will get in contact with him regarding this situation.RegardsMaurice

]]> b2b01dad84d5e4a22f366a5993383cda https://www.propertyinvesting.com/topic/4404192-building-costs-for-development-project/#post-4651579 Fri, 15 Jul 2011 11:10:50 +0000 HiThere are a number of factors to consider to determine build cost.  These are just a few that come to mind after a heavy week so these are not necessarliy the only factors.1. Size of the unit and the inclusions and finishes you are considering.  2. Design is very important when you are building a double story as you can spend a lot of money on…[Read more]

]]> e656348fc09060ac767b8027eba2f974 https://www.propertyinvesting.com/topic/4403953-property-developers-3/#post-4649977 Sat, 02 Jul 2011 23:03:22 +0000 Hi PJ,What state are you located in?  What size are the deals?I might be able to help you out if you can provide some contact details.  You can PM me if you preferCheers Maurice

]]> b8fbc2efd93e6a8bee460894528fcb1a https://www.propertyinvesting.com/topic/4404098-is-annuity-income-recognised-in-lenders-serviceability-calculators/#post-4650943 Sat, 02 Jul 2011 22:10:39 +0000 Hi Richard,Thanks for your reply.Are you able to name the lenders and their products?

]]> 3abc768250fa3745ae7058b2efe0e984 https://www.propertyinvesting.com/topic/4404077-development-finance-cartoon/#post-4650857 Sat, 02 Jul 2011 21:31:11 +0000 Hi Al,Great work!!Maybe a couple of slides visually showing the numbers behind the deal would be my feedback.Cheers Maurice

]]> 394660f91fb386b08d3f35a79bbe592c https://www.propertyinvesting.com/topic/4398408-cost-of-building-a-townhouse-in-melbourne/#post-4614980 Sat, 02 Jul 2011 21:13:00 +0000 Hi Dougyman,At what stage is your development?Have metricon given you a price specific to your site is that the price of their standard product?Regards Maurice

]]> 7550cdd9c417b804926b3f92652b3fe4 https://www.propertyinvesting.com/topic/4403205-money-partners-wanted/#post-4644609 Sat, 02 Apr 2011 06:28:15 +0000 Hi Richard,I understand your comments but whatever happened to the 20 in 12 Investors Rule, which allows you to raise up to $2million dollars in any 12 month period from a maximum of 20 investors without a licence as long as the investors are classifed as sophisicated investors which is someone with a net worth of $2.5 million or have earned m…[Read more]

]]> 0b1d7907896214f111d4a421fbdf8dee https://www.propertyinvesting.com/topic/4402839-drainage-plans-city-of-banyule/#post-4642344 Sun, 20 Feb 2011 02:54:47 +0000 Try www.dialbeforeyoudig.com.au Regards Maurice

]]> 4bbbf9f44199bde2c2c331ab7ad71c73 https://www.propertyinvesting.com/topic/4402729-tax-question-5/#post-4641516 Wed, 09 Feb 2011 09:14:42 +0000 Hi NatalieThe cleanest way to go about what you are trying to do is, when you refinance split the loan into 2 parts so you know exactly how much interest you are paying for your orginial loan which will be tax deductiable and the personal use which will not be.  Regards Maurice

]]> d698bb4b714f97c5d08fb8d3d32ba36e https://www.propertyinvesting.com/topic/4402376-first-time-developer-need-assist/#post-4639269 Fri, 14 Jan 2011 10:46:40 +0000 Hi RoverI can definitely recommend estate master l use it all the time there are a few different modules.  Great for feasilitiblites and great for cost to complete analysis. It is basically an excel spreadsheet on steriods and cost l think is in the $2000-3000 range per licence.Regards Maurice

]]> 6779d4957c7f52512befc32c26cc31a5 https://www.propertyinvesting.com/topic/4402409-smsf-and-io-property-investing/#post-4639416 Wed, 12 Jan 2011 09:26:28 +0000 I would suggest looking at a SMSF around the 300k mark

]]> 24f219b5626fc783bf2f71abd9e6ea2b https://www.propertyinvesting.com/topic/4402334-development-finance-advice-on-good-commercial-brokerlender/#post-4639032 Sun, 09 Jan 2011 09:13:12 +0000 Hi KevI can definitely recommend that you speak to Alistair or Cameron from Perry Finance.  Regards Maurice

]]> 699ef17fc19975ece6d64395d715f942 https://www.propertyinvesting.com/topic/4402404-different-trust-types/#post-4639396 Sun, 09 Jan 2011 09:04:06 +0000 Hi Chalkergroup,It all depends on what you are trying to achieve with your investing and what type of property you are investing in as to whether it is a pro or con.  Are you able to provide more information on what you are trying to achieve?Regards Maurice

]]> 95f40d4c808c5ca2229d89f8f101876f https://www.propertyinvesting.com/topic/4402376-first-time-developer-need-assist/#post-4639266 Sun, 09 Jan 2011 08:58:05 +0000 Hi JennyI had pretty much the same questions as you have just mentioned last Friday but in regards to a unit trust structure with a corporate trustee.  I have previously done some work with Alistair and he definitely knows his development finance.  I would suggest maybe you get in contact with Alistair and he will be able to give you detailed ans…[Read more]

]]> f6eec6d563e22098846bf7e767fd9b09 https://www.propertyinvesting.com/topic/4402409-smsf-and-io-property-investing/#post-4639414 Sun, 09 Jan 2011 08:40:38 +0000 Hi Street MonkeyYou probably do not have any money in super at the moment to warrant setting up a SMSF.  You need to remember that there are a few compliance costs that come along with a SMSF.  Regards Maurice

]]> 864555e0e62b74553cc649ea16445151 https://www.propertyinvesting.com/topic/4402354-best-suburbs-in-melbourne-300k-400k-general-suggestions/#post-4639095 Tue, 04 Jan 2011 10:38:09 +0000 In my opinion l would have to say anything on the Mornington Peninsula.  I would expect the growth to come after the Peninsula Link freeway is complete which is currently scheduled for early 2013. The freeway is going to be linked to Eastlink and will bypass Frankston which is going to cut travel times considerably.  Regards Maurice

]]> c8583169b194f2d703531661f77f87ea https://www.propertyinvesting.com/topic/4402292-accountant-needed-8/#post-4638745 Fri, 31 Dec 2010 11:34:16 +0000 Hi Mitch,As l don't have full knowledge of your situation and what has been setup for you.  I can't give you specific answers to your questions.  But l can give you some general answers but you would have to see your accountant to specific answers to your situation.* A company will need to lodge a tax return each year it is in business* The…[Read more]

]]> 2d1556bc9ff0b55864cdef19d190721d https://www.propertyinvesting.com/topic/4402292-accountant-needed-8/#post-4638740 Thu, 30 Dec 2010 09:02:57 +0000 Hi Mitch,Welcome to the forum! Its a good idea to get your trust tax return done before your pesonal tax return as any profit distributions that are distributed to yourself will need to be included in your personal tax return.  As l don't know all your personal details it would be hard for me to comment on your company and trust tax returns for t…[Read more]

]]> ad3698b436b225e6cd689e080ae2f07e https://www.propertyinvesting.com/topic/4401654-more-on-discretionary-family-trusts-how-to-do-it/#post-4634898 Wed, 29 Dec 2010 03:51:38 +0000 Hi Gavsam,You need to remember that any structure you put in place is inline with your overall goal and outcome you want to achieve.  Without giving you any personal advice on a public forum and not knowing your personal circumstances or the entire content of the information you were given.  My advice to you would be to get a second opinion from…[Read more]

]]> c2ad01597b5621694b730804ec276492 https://www.propertyinvesting.com/topic/4402291-where-are-capital-growth-suburbs-in-melbourne/#post-4638736 Wed, 29 Dec 2010 03:32:14 +0000 Hi Runaway,In my opinion l would have to say anything on the Mornington Peninsula.  I would expect the growth to come after the Peninsula Link freeway is complete which is currently scheduled for early 2013. The freeway is going to be linked to Eastlink and will bypass Frankston which is going to cut travel times considerably.  Regards Maurice

]]> 1c331f5e99669b18d3e01d37c056e483 https://www.propertyinvesting.com/topic/4402283-savvy-options-agreement-solicitor/#post-4638665 Tue, 28 Dec 2010 09:23:44 +0000 Thanks Paul,I have heard of Lewis O'Brien I'll give him a try.Regards Maurice

]]> a4f8b61a16d87796d385e7ddc70a2fd5 https://www.propertyinvesting.com/topic/4402271-property-developement/#post-4638620 Mon, 27 Dec 2010 02:37:00 +0000 Hi CharlesMy advice would be to learn by actually doing a small development either a 2 site subdivision or a renovation project to start with.  Good luck with it.

]]> bdaef5e17f51c9ecb4aa19503a5df85e https://www.propertyinvesting.com/topic/4402281-subdivision-investment-plan-help-needed/#post-4638657 Mon, 27 Dec 2010 02:29:37 +0000 Hi Kid,You may need to check with a planner on whether you are able to subdivide a 500sqm block.  Most (this is only a generalisation) councils require 300sqm per block but there are a lot more factors to consider such as set-backs, whether there are units in the area, council overlays etc

]]> da84a283f3d77bc6c84a9eb573613262 https://www.propertyinvesting.com/topic/4402001-six-unit-site-frankston-vic/#post-4636973 Mon, 27 Dec 2010 02:25:00 +0000 Hi FFI have just noticed your post.  Its a shame that you missed out on this opportunity.  If you are continuing at looking at projects within the Frankston area l have an excellent planner that l could refer you to. Send me a messaage if you are interested. They are based in Mt Eliza.

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