PropertyInvesting.com | mj88 | Activity https://www.propertyinvesting.com/members/mj88/activity/ Activity feed for mj88. Sat, 18 Apr 2026 20:45:24 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 f2e827ab4c6ec778c9b427e0dfc115a8 mj88 replied to the topic Loan for nonresidents in the forum Finance https://www.propertyinvesting.com/topic/4400981-loan-for-nonresidents/#post-4630578 Wed, 07 Dec 2011 23:29:27 +0000 I have  a friend who is in the process of permanent resident . He just finished degree in Aus , have a permanent job for 5 months. he wants to purchase an IP now, , is he qualified for an 80% loan. ( his wages is 50K pa)thanks for your advice

]]> 4733baea018596058ca5758a6300079b mj88 replied to the topic Need help with Finance in the forum Finance https://www.propertyinvesting.com/topic/4401588-need-help-with-finance-2/#post-4634445 Fri, 29 Oct 2010 04:13:42 +0000 thanks RichardI have no concern about cash flow to support new mortgage as I will receive compensation and finding new job is no problem at all. my concern is if the bank is to recall the loan, and if I have to rescind the contract, any penalty to the vendor even though the contract is subject to financethanks a lot

]]> a3911f1860d002ba6c103c9a7a14218c mj88 replied to the topic Need help with Finance in the forum Finance https://www.propertyinvesting.com/topic/4401588-need-help-with-finance-2/#post-4634443 Fri, 29 Oct 2010 00:00:30 +0000 hope somebody can help me with this question: I am looking to buy another IP under joint names with my wife, if the bank had given  me full financial approval but the property had not been settled and I lost my job before the settlement, will the bank recall the approval, and what would be the consequences in regards to the contract. thanks for…[Read more]

]]> c6b31f0f7831ee5496449273aa7b211c mj88 replied to the topic Renting trust-owned property back to myself??? in the forum another question regarding https://www.propertyinvesting.com/topic/4394636-renting-trust-owned-property-back-to-myself/#post-4595155 Mon, 04 Jan 2010 09:35:15 +0000 another question regarding family trust please, my DFT has a corporate trustee, the trustee company has an ABN & TFN, do the DFT need an ABN and TFN for tax return? or it can be the same ABN & TFN as the company
thanks
Mj

]]> f11599a28303421699ab8e1443716fc3 mj88 replied to the topic Changing the Trustee name in a DT in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4396149-changing-the-trustee-name-in-a-dt/#post-4603487 Tue, 29 Dec 2009 00:17:14 +0000 Thanks again, TerryI only received tax return notice for company, not for the Trust. will the due date for lodgment  will be the same as the company 's ( 28th Feb 2010). cheersMJ

]]> f71dca108e83aba3ab662b095c9103a7 mj88 replied to the topic Changing the Trustee name in a DT in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4396149-changing-the-trustee-name-in-a-dt/#post-4603485 Mon, 28 Dec 2009 09:17:29 +0000 thank you very much Terry, MJ

]]> 793d23044aaaad78392cc91116567cf6 mj88 replied to the topic Changing the Trustee name in a DT in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4396149-changing-the-trustee-name-in-a-dt/#post-4603483 Sat, 26 Dec 2009 13:52:22 +0000 Hi all it may be a silly question,  I set up a family trust last year tobuy 1 property, the trustee is company, so does the trust need to lodge a tax return? I Understand company can lodge nil tax return, thanks for all advicecheers

]]> 5343699ea72801c4ddebfdb7f03fb812 mj88 replied to the topic Renting trust-owned property back to myself??? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4394636-renting-trust-owned-property-back-to-myself/#post-4595153 Thu, 04 Dec 2008 10:10:25 +0000 Terryw wrote:

mj88 wrote:
can anyone give my advice on this: I have my DFT with Company as trustee , the trust was stamped in NSW and now I am in process of buying a IP in Darwin under  this trust, my question is: do I have to get the trust stamped in NT. or I can buy property anywhere without worrying about stamping again in each statethanks…[Read more]

]]> fc837d3e94257f596864bc4306c0cc99 mj88 replied to the topic Renting trust-owned property back to myself??? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4394636-renting-trust-owned-property-back-to-myself/#post-4595150 Thu, 04 Dec 2008 02:20:11 +0000 can anyone give my advice on this: I have my DFT with Company as trustee , the trust was stamped in NSW and now I am in process of buying a IP in Darwin under  this trust, my question is: do I have to get the trust stamped in NT. or I can buy property anywhere without worrying about stamping again in each statethanks heap for replyM

]]> d9095ac92d2aa3ca6492362fb41d621d mj88 replied to the topic Renting trust-owned property back to myself??? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4394636-renting-trust-owned-property-back-to-myself/#post-4595147 Sun, 23 Nov 2008 10:01:27 +0000 I am interested in this structure "gift and loan bak"can you please recommend any accountant specialise in this matter  , I have 3 IPs and my PPOR under my own name for tax minimization, just set up DFT for next IP. thanks a lotM

]]> 67ceb38255e1cf7019782ea1f9da3ce1 mj88 replied to the topic trust advice in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4394775-trust-advice/#post-4595857 Sat, 22 Nov 2008 06:47:03 +0000 I already stamped, and in process to get finance approve for 1st IP  in the trust. I think It should be simple and try to fix it in a cheaper way ratther go to a lawyer, I was advised the fee is from $900 just to look at the trust deed . so my question is if the appointer's name is not shown in the deed ( Ijust set up less then 2 weeks ago) , is…[Read more]

]]> ff63bc882851887e06f5d10bf9bb37eb mj88 replied to the topic trust advice in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4394775-trust-advice/#post-4595854 Sat, 22 Nov 2008 00:35:33 +0000 Thanks Terry, it is a DFT, when I set it up through trustdeed.com website, I missed out the appointer . so the name of appointer was not shown on the deed. The corp trustee was appointed in the deed. I am just concerned if I leave it as it is now , any issues may incurr later. If I want to fix it, how do I do that.thanks heapM

]]>