Hey Arty

Lucky you found this forum then!!! Although so far we have only encouraged you guys to purchase more animeals……[]

Cheers
Mel

Happy Birthday Arty.

Cheers
Mel

Yay. Go the puppy. Dogs are the best pets in the world, bar none!![]

Cheers
Mel

try realestate.com.au

don’t know about Vic, but it does come up with some for nsw and qld.

Cheers
Mel

With regard to Body Corporate and fees etc., join the committe, or at the very least attend the annual meetings where expenditure past and future is discussed.

Cheers
Mel

the browser did it!! Arty, I bet ‘it was like that when i got here’ is a favourite of yours too!!!

You really just want to get your 1000 posts up quicker, that’s why it posted three times!!!

Cheers
Mel

Hey investor

Unless the extra costs for interest when refinancing kill your servicability, you could always borrow all that you can, and put aside, say, $10K to use to cover any interest payments or costs etc.

That would be what I would do.

Cheers
Mel

Hi Sue

We had all sorts of hassles with our agent, and when sacking them they held back quite a bit of our money too. Check out your contract you signed with them. How many days notice must you give, and what sort of a Termination Fee do they charge. Unbeknown to me, our termination fee was two weeks rent per property, which added up to a…[Read more]

Hey Polar

Isn’t it a 1515? I used it when it was a 221D form, so haven’t done it lately. It was really good as I kept it all in a completely separate account and used it to pay any bills that came up. Saved me having to cough it up out of my money. I also didn’t claim absolutely everything, so still got a decent tax return at year end.

Cheers
Mel

Arty, that would have to be a pack of Tim Tams that has NO fat content!!

1. Tall, handsome, friendly, fit guy who knows how to have fun.
2. Enough passive income to do whatever I want.
3. Family and friends who can join me in No 2.

Cheers
Mel

Hey guys

Glad some of you agree with my ‘taste sensation’!! When we were drinking it (that was all we had as we were doing a cleanse) some of us swallowed like a shot (ha ha cos that’s what they come in – shot sized glasses/cups), but the girl next to me would drink hers slowly and say ‘mmmm yum’. I tried not to gag, but in the end I couldn’t…[Read more]

Hey Jars

Your business must make a lot of money if it pays $200K in tax!! I would suggest sitting down with a really good accountant (I believe Dale Gatherum-Goss is in Melbourne) and discussing structures and ways that you could perhaps do some income splitting etc.

I think Negative gearing with positive cashflow (and cap gains) is a good…[Read more]

Hi Leigh

The discount on CGT applies from exchange of contracts to exchange of contracts. This was bad for us in that we signed to sell one property in June, and therefore last financial year – which wasn’t good tax planning. But it is good when you buy off the plan with long build times.

So for us, we exchanged in Feb 02 to buy, and will…[Read more]

Flavio

One option of tax minimisation and income splitting (and also asset protection) is to purchase your properties through a trust structure. My aim at present is to have any income going to my parents as they are retired. Once I am confident that they have enough income to do what they would like in their ‘golden’ years, I will start…[Read more]

clownsta

When you onsell the property before completion, be aware that you will not see any of your profit until settlement!! We have one that we put on the market at least 6 months before completion to make sure it gets sold prior to. Failing that, we will have to put in a loan app just in case. Thankfully, this one has appreciated by $120K…[Read more]

Steve and Dave managed to fund their (I think 4th) later purchases by wrapping them, and receiving and using the wrappee’s deposit to fund further purchases.

If you get $10K deposit, you, sorry Fred could probably achieve his goal.

Cheers
Mel

If you look in the 0-130 Forum, Steve has posted a topic called bonus chapter with a link to it.

Cheers
Mel

dags
how do i find google?

Just kidding.[8D]

Cheers
Mel

Hi fibejebe

Check your contract. You might find that the contract remains in force until either side gives 30 days (or in our case to my horror it was 90 days) notice, and there may be termination fees etc. involved. (We were hit for 2 weeks rent per property – which added up to $2400[!])

Cheers
Mel

redwing

I believe that deppro used to be Herron Todd White depreciation specialists, and changed the name when they didn’t want to be confused with Herron Todd White valuers anymore. I presume that they are still linked though. Good company.

Cheers
Mel