PropertyInvesting.com | number 8 | Activity https://www.propertyinvesting.com/members/number-8/activity/ Activity feed for number 8. Tue, 14 Apr 2026 22:59:17 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 420ab05d87df25449beae4177aada2dc number 8 replied to the topic is it worth to become a mortgage broker? in the forum Finance https://www.propertyinvesting.com/topic/4409968-is-it-worth-to-become-a-mortgage-broker/#post-4694513 Wed, 18 Sep 2013 19:29:00 +0000 Most comments above are from brokers, read between the lines. Mortgage Broking is a great job and is financially rewarding. I was a school teacher and moved into the industry many years ago after the lowering of commissions etc. At the time I was also told all the negative reasons why I should not, and could not….I like yourself was well…[Read more]

]]> 0caf35fbc4a0a927d93e93f927bfbf52 number 8 replied to the topic Trust funds (I'm new) in the forum Finance https://www.propertyinvesting.com/topic/4409924-trust-funds-im-new/#post-4694266 Mon, 02 Sep 2013 14:08:15 +0000 As per above, so, so wrong.
Regards
http://www.birchcorp.com.au

]]> dbe5c3c6c70c29e7712d2cc0280956bd number 8 replied to the topic Loan structures, tax deductions and CGT in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4409372-loan-structures-tax-deductions-and-cgt/#post-4690861 Wed, 03 Jul 2013 21:38:22 +0000 Jemima,Correct on all accounts. Just be careful with the debt recycling. Although capitalised interest is allowed you do not want to get caught out under part iv(A). Also, I tend to use term loans with an offset account. LOC's tend to be overpriced and dated. http://www.birchcorp.com.au

]]> af468fe0bf14b74292e8c7ff69c6a159 number 8 replied to the topic have a house worth 700,000 with a mortgage of 300,000 have an income of 80,000p.a. how do I get started with ip's in the forum Help Needed! https://www.propertyinvesting.com/topic/4404976-have-a-house-worth-700000-with-a-mortgage-of-300000-have-an-income-of-80000p-a-how-do-i-get-started-with-ips/#post-4657473 Wed, 19 Oct 2011 12:50:00 +0000 The face of investing has changed significantly in the past 5 years. Further, the strategies used by investors over the past decade are valid, but there is strength elsewhere. A broker may talk about crossing/ uncrossing loans and other significant aspects of loan, but without having the mindset and contemporary insight into investing you will b…[Read more]

]]> 1917aba5081a6e22907cc47b7dc28d32 number 8 replied to the topic Sshh this is secret part 2......... in the forum Value Adding https://www.propertyinvesting.com/topic/4400996-sshh-this-is-secret-part-2/#post-4630649 Mon, 12 Sep 2011 11:23:58 +0000 I guess I was wrong. Now look who is taking a large slice of count Financial. CBA has gone all guns blazing…… How disappointing that the truly independant Financial Planners are now close to nil- the banks own Australia. I will stand strong and will claim to be one of the only truly independant Financial Planners. I have no ties with any ba…[Read more]

]]> 19b1df6d4268612d18903f2a6c3dae85 number 8 replied to the topic help needed to invest in sydney in the forum Help Needed! https://www.propertyinvesting.com/topic/4404291-help-needed-to-invest-in-sydney/#post-4652777 Mon, 25 Jul 2011 18:03:04 +0000 I am a property investor, that has lived in Sydney all my life and have many IP's here. I do not sell properties nor have any interest in any real estate firm. I am happy to offer my general opinion. This means I would not be tarnished by locations that I have to sell on my books as per a property agent….. just some friendly thoughts.I am happy…[Read more]

]]> 73b1b5d848e84d1c51e75ba869262816 number 8 replied to the topic Treading carefully in the forum Help Needed! https://www.propertyinvesting.com/topic/4403663-treading-carefully/#post-4647956 Thu, 19 May 2011 09:34:32 +0000 Thinking out side the square, will loking at making the most capital gain for your children in future years. If it happens that you can not afford to buy, then continue to rent- that is the simple part.Why not make a non-consessional contribution to your Super fund, this will prop up the balance of the combined super balance of you and husb…[Read more]

]]> 74466f66ac5df48383d330cc9dca185c number 8 replied to the topic Tips for finding good tenants quickly in the forum Help Needed! https://www.propertyinvesting.com/topic/4403678-tips-for-finding-good-tenants-quickly/#post-4648063 Thu, 19 May 2011 09:19:22 +0000 The local paper has never failed me. I did this in the local paper for The Entrance NSW 2 weeks ago and had 30 applicants. I interview the tenants and have never had an issue in any of my properties. The result is generally the same in all suburbs given you have bought in a reasonably populated area.http://www.birchcorp.com.au

]]> fc8aabf8461c59bcd6a558dfb532a6c8 number 8 replied to the topic 100% Offset Versus Line of Credit in the forum Finance https://www.propertyinvesting.com/topic/4403662-100-offset-versus-line-of-credit/#post-4647922 Thu, 19 May 2011 09:13:59 +0000 Apart from the fact that a LOC has no term, there is very little benefit. In fact it simply lines the pockets STG or other financial institution whatever the case.I would only use a LOC if you are in serious doubt of future income.http://www.birchcorp.com.au

]]> 8b8ff2a5f991b5bac6d6afb4fb7ccc1e number 8 replied to the topic Heritage gift from parents - park it on offset or pay off mortgage in the forum Help Needed! https://www.propertyinvesting.com/topic/4403335-heritage-gift-from-parents-park-it-on-offset-or-pay-off-mortgage/#post-4645759 Thu, 14 Apr 2011 13:39:22 +0000 This all looks good, but make sure you borrow 110% for your next IP, this will ensure all is tax deductible in the event that you purchase a more expensive PPOR and or require the funds for private use. Again, any extra money is to be placed in an offset account. Utilise split loan accounts for various strategies…..Note: Utilise the equity in…[Read more]

]]> 8c555c09ed335be03263313dbde45476 number 8 replied to the topic IP utilising a 'buffer account' - ADVICE PLS!! in the forum Help Needed! https://www.propertyinvesting.com/topic/4403285-ip-utilising-a-buffer-account-advice-pls/#post-4645445 Thu, 14 Apr 2011 13:07:39 +0000 While you are thinking, and asking, you will win…..Capitalising interest is allowed and is a very useful tool, this goes hand in hand with capitalising expenses….. These tools allow an otherwise cash strapped investor to live a fruitful life.Negative gearing works very well. I had a very decent income and retirement fund at 33 years of age…[Read more]

]]> 5019d7c9bba853d49e692399d9400d46 number 8 replied to the topic Heritage gift from parents - park it on offset or pay off mortgage in the forum Help Needed! https://www.propertyinvesting.com/topic/4403335-heritage-gift-from-parents-park-it-on-offset-or-pay-off-mortgage/#post-4645757 Thu, 14 Apr 2011 12:48:39 +0000 Placing the money in an offset account is the only answer. Definately do not pay down your mortgage. About three major reasons for not doing this. Risk, tax deductibility and extra costs on your future acquisitions.No term deposit as this attracts tax,You have many options, including but not restricted to SMSF gearing-  particularly with internal…[Read more]

]]> a1e06dc7a7e3e5b538246e42d94021cd number 8 replied to the topic Purchasing house and land in my Self Managed Super Fund in the forum Good timing for you, I have https://www.propertyinvesting.com/topic/4403324-purchasing-house-and-land-in-my-self-managed-super-fund/#post-4645718 Thu, 14 Apr 2011 12:37:53 +0000 Good timing for you, I have only been back on this site for 2 minutes (busy for several months). I have completed many of these for clients in recent times. In fact the office I currently lease is owned by my own SMSF.I am happy to discuss further- I am at Norwest Business Park, NSW. http://www.birchcorp.com.au

]]> 8c9da4d58b40dd029631eb35b89c20be number 8 replied to the topic 0 to 130 - Fact or Fiction. Is this something we all can do? in the forum General Property https://www.propertyinvesting.com/topic/4402792-0-to-130-fact-or-fiction-is-this-something-we-all-can-do/page/2/#post-4641924 Wed, 23 Feb 2011 06:45:50 +0000 Congratulations Tracey!I am a realist, and what you have described is real and describes something that Mum and Dad Australia can do…. This is entirely my point. A real guide, a real family and real income can achieve financial success. Wait for the 15 year mark, and your family will not be working….. Congratulations again!http://www.birchcorp.com.au

]]> 6ff2cee62e44cb9f9913ca7bab28eec8 number 8 replied to the topic So what rate interest rate are you getting in the forum Help Needed! https://www.propertyinvesting.com/topic/4402806-so-what-rate-interest-rate-are-you-getting/#post-4642004 Wed, 16 Feb 2011 00:39:31 +0000 I have heard of better, but not sure you would go to the pain just to save a few dollars…. That is a "No to refinance" from me, unless you can get another property out of it, capitalise your interest/ expenses or create a buffer for further acquisitions. But deifnitely not to save a few dollars….http://www.birchcorp.com.au

]]> efba685d7fa328d0dda544382093dee0 number 8 replied to the topic Rates Notice valuation in the forum General Property https://www.propertyinvesting.com/topic/4402779-rates-notice-valuation/#post-4641836 Wed, 16 Feb 2011 00:33:57 +0000 Yes that is the land value, not taking into consideration any improvements on the land.http://www.birchcorp.com.au

]]> 32068e010f755bc3dedcbea858618e5f number 8 replied to the topic 0 to 130 - Fact or Fiction. Is this something we all can do? in the forum General Property https://www.propertyinvesting.com/topic/4402792-0-to-130-fact-or-fiction-is-this-something-we-all-can-do/#post-4641919 Tue, 15 Feb 2011 23:50:38 +0000 Thank you for the Welcome back! in line with this website, I did a major renovation on my property…There has to be a cut off point between dreams and reality…… And there is the answer…. Dreams sell, reality does not…..I believe wealth cannot be created overnight for the average Australia, it is a 15-20 year deal and there is a blue-print…[Read more]

]]> 372b9bf41da50c2445382457706595a9 number 8 replied to the topic 0 to 130 - Fact or Fiction. Is this something we all can do? in the forum General Property https://www.propertyinvesting.com/topic/4402792-0-to-130-fact-or-fiction-is-this-something-we-all-can-do/#post-4641917 Tue, 15 Feb 2011 21:53:30 +0000 Yes I have seen how he is all about making money. Nathan Birch (X-Real estate agent) was also selling property to clients (as a buyers agent or like) in Mt Druitt (not exactly a top pick) for a large fee. An average Australian has a regular job, works 9-5 etc etc The question would have to be phrased: Why do you not back yourself Mattnz? Is this s…[Read more]

]]> 47ca334dc829365cc237a0c1776c21dd number 8 replied to the topic 0 to 130 - Fact or Fiction. Is this something we all can do? in the forum General Property https://www.propertyinvesting.com/topic/4402792-0-to-130-fact-or-fiction-is-this-something-we-all-can-do/#post-4641915 Tue, 15 Feb 2011 20:58:44 +0000 I see that Steve has accomplished great things, the philosophy is great, the thought processes are impecable, nice guy and the negotiating skills are great. But what I cannot see is that this can ever be repeated. There is no strategy for Mum and Dad Australia. I hear that you can do 5 in 6 years or sub-divide several blocks or vendor finance…[Read more]

]]> c4a26f7a2717ec645465d1c9672687b0 number 8 replied to the topic 0 to 130 - Fact or Fiction. Is this something we all can do? in the forum General Property https://www.propertyinvesting.com/topic/4402792-0-to-130-fact-or-fiction-is-this-something-we-all-can-do/#post-4641907 Mon, 14 Feb 2011 20:59:02 +0000 As above with lending, I see too many physical barriers. I do see that it can be done- Akin to winning the lotto……..I would like to see some evidence, facts, and a real strategy that will work for Mum and Dad Australia in 2011. Who has the answer? http://www.birchcorp.com.au

]]> c669e3e2241bb82ef21e2425b6caf419 number 8 replied to the topic Sell IP to reduce PPOR in the forum Help Needed! https://www.propertyinvesting.com/topic/4402782-sell-ip-to-reduce-ppor/#post-4641858 Mon, 14 Feb 2011 09:53:55 +0000 On that note: How do you go from 0 to 130 in 3.5 years? Can this really be done on an average income like Mum and Dad Australia?…..I will post this as a question, so please dont answer this here, as I do not want to hijack this thread…http://www.birchcorp.com.au

]]> a49afcc7a3da05155ad94c42a70cd84b number 8 replied to the topic Sell IP to reduce PPOR in the forum Help Needed! https://www.propertyinvesting.com/topic/4402782-sell-ip-to-reduce-ppor/#post-4641854 Mon, 14 Feb 2011 03:23:09 +0000 More than that (creating wealth is not about saving interest or saving anything for that matter), we are saying to use the money on another property (appreciating asset)…. With all due respect to the above, be careful the way your capitalise interest.http://www.birchcorp.com.au

]]> 080642890141d3ab79e5215fc928f19c number 8 replied to the topic Sell IP to reduce PPOR in the forum Help Needed! https://www.propertyinvesting.com/topic/4402782-sell-ip-to-reduce-ppor/#post-4641851 Mon, 14 Feb 2011 03:12:01 +0000 Correct, I have never made a principal payment in my life. I consider the interest payment an expense or the cost of holding an asset. The principal payment that we are all hung up on, merely is money down the drain…. i.e. you are making $$$ on the appreciating asset, why do we need to throw more money in this direction?An analogy: A child will…[Read more]

]]> aa7f86b95c5ec7228ed8ab121bac1628 number 8 replied to the topic Pre-Settlement Home Insurance in the forum Help Needed! https://www.propertyinvesting.com/topic/4402739-pre-settlement-home-insurance/page/2/#post-4641607 Sun, 13 Feb 2011 23:03:17 +0000 That is correct, but what your bank lady failed to mention was that they require the date on the insurance is from settlement date (and when was the last time someone listened to their bank lady – no offence to those workers, but we all understand the banks are only interested in the bottom line- refer to profits). Now the banks have a vested…[Read more]

]]> 06d29da47bc7e9ef58efec3a428e45c2 number 8 replied to the topic Do Banks loan you money to build a house? in the forum Help Needed! https://www.propertyinvesting.com/topic/4402753-do-banks-loan-you-money-to-build-a-house/#post-4641701 Sun, 13 Feb 2011 22:37:03 +0000 <moderator: delete flame>http://www.birchcorp.com.au

]]> f88e9accc85a4001bf1225b2ecdc2d8a number 8 replied to the topic PI or IO? in the forum Help Needed! https://www.propertyinvesting.com/topic/4402765-pi-or-io-2/#post-4641760 Sun, 13 Feb 2011 22:34:09 +0000 Remember: you will make money from your property whether or not you pay this off. Why struggle?The item in life that makes you money is the growth of an asset, not how much you can pay off….. that is unless you have a ridiculous income. http://www.birchcorp.com.au

]]> 89079fd1035d7d227683f861c29063f8 number 8 replied to the topic Sell IP to reduce PPOR in the forum Help Needed! https://www.propertyinvesting.com/topic/4402782-sell-ip-to-reduce-ppor/#post-4641847 Sun, 13 Feb 2011 22:30:25 +0000 There is no need to pay down any debt, you may be missing a several important points about property investing. I have never made a repayment in my life, yet retired (kind off- I work for fun now) at 33 owning my own house outright ($1M) with many IP's. Don't sell, unless you want to live the same financial life as everyone who steps before us and…[Read more]

]]> 8119888e8658b7903eb784508114d954 number 8 replied to the topic Converting nondeductible debt in a PPOR to deductible debt? in the forum Finance https://www.propertyinvesting.com/topic/4402759-converting-nondeductible-debt-in-a-ppor-to-deductible-debt/#post-4641739 Sun, 13 Feb 2011 12:28:17 +0000 This concept/ strategy is not suggested or marketed, it is actually in full operation around the country in many shapes/ forms. If your accountant has never heard of this then you can find many who have……http://www.birchcorp.com.au 

]]> 0fc6a4ae0ef3fa9b64824029db20aa3b number 8 replied to the topic Tennants have maggots on living room carpet in the forum Help Needed! https://www.propertyinvesting.com/topic/4402683-tennants-have-maggots-on-living-room-carpet/#post-4641151 Fri, 11 Feb 2011 02:13:35 +0000 It is simple science (I am an X-Science teacher), take away the fly and the maggot is gone. Does the house have fly-screens? Other than that keep the property clean.http://www.birchcorp.com.au

]]> e3b163bb8ebb2f68f1cfff34f2bf8229 number 8 replied to the topic What is the best Interest Only Loans available in the forum ANZ are also 10 years https://www.propertyinvesting.com/topic/4402742-what-is-the-best-interest-only-loans-available/#post-4641624 Fri, 11 Feb 2011 01:51:14 +0000 ANZ are also 10 years i/ohttp://www.birchcorp.com.au

]]> b0fcf8f96db0de3f4d95703c9b5fab88 number 8 replied to the topic Pre-Settlement Home Insurance in the forum Help Needed! https://www.propertyinvesting.com/topic/4402739-pre-settlement-home-insurance/#post-4641604 Fri, 11 Feb 2011 01:46:26 +0000 Final inspection is to ensure the house has not burnt to the ground or like- hence you would not complete. The Deposit would be taken out of the trust account and you would go look for another….. So many scare tactics out there in the insurance world….. I am happy to hold my money until settlement….http://www.birchcorp.com.au

]]> 6c7729db900c95cb8fe96de1194ab225 number 8 replied to the topic asbestos roof in the forum Help Needed! https://www.propertyinvesting.com/topic/4402744-asbestos-roof-4/#post-4641646 Fri, 11 Feb 2011 01:38:03 +0000 If it is an IP or O/O for that matter, why would you not leave this roof- unless you intend drilling, crashing or smashing….http://www.birchcorp.com.au

]]> 7f3cf6db95a85ddddc6ab5c03f72994a number 8 replied to the topic SMSF help needed in the forum Help Needed! https://www.propertyinvesting.com/topic/4398572-smsf-help-needed/#post-4616023 Fri, 11 Feb 2011 01:36:03 +0000 I can add that the LVR's have now improved (80%)…. It is game on inside this industry….http://www.birchcorp.com.au

]]> 69aee49a8b0b8dc92ada6ed2d5bc1d71 number 8 replied to the topic old brick home - issues in the forum Help Needed! https://www.propertyinvesting.com/topic/4402743-old-brick-home-issues/#post-4641644 Fri, 11 Feb 2011 01:32:34 +0000 You are buying the land, the property is a bonus. As long as it is asthetically pleasing or you can give it a cosmetic upgrade I would have no hesitation in buying 50-60 year old properties…. Cracks are a common feature in this vintage. Refer to a structural engineer if you are in serious doubt?http://www.birchcorpp.com.au

]]> 92f3e9393e4ac7e1842d938df272df1f number 8 replied to the topic Newbie Investor - I've got pre-approval and keen to get the ball rolling! in the forum Help Needed! https://www.propertyinvesting.com/topic/4402746-newbie-investor-ive-got-pre-approval-and-keen-to-get-the-ball-rolling/#post-4641664 Fri, 11 Feb 2011 01:28:18 +0000 Sometimes you can look too much into the stats and oversee the items that make you money…… You should buy when you understand an area and what is goood value. There is a lot more to investing then you can gather from a online chat….. I am happy to sit down with you at your earliest convenience. Re: paying down the loan as quickly as…[Read more]

]]> 1b76d2c95f9c04bebf52d2fbef6daace number 8 replied to the topic Source of 20% Down on IP in the forum Finance https://www.propertyinvesting.com/topic/4402734-source-of-20-down-on-ip/#post-4641545 Thu, 10 Feb 2011 05:17:26 +0000 The equity in your property will be good, as long as you meet serviceability- paper trail or not……http://www.birchcorp.com.au

]]> ef98b01c1c0271b3ae1d524616ef2278 number 8 replied to the topic Pre-Settlement Home Insurance in the forum Help Needed! https://www.propertyinvesting.com/topic/4402739-pre-settlement-home-insurance/#post-4641589 Thu, 10 Feb 2011 05:12:34 +0000 I'm NSW, Sorry….http://www.birchcorp.com.au

]]> dd06d73ab1b875e547ce1c79872bd5c4 number 8 replied to the topic Converting your PPOR to IP in the forum Creative Investing https://www.propertyinvesting.com/topic/4402687-converting-your-ppor-to-ip/#post-4641199 Thu, 10 Feb 2011 05:09:50 +0000 Manage your own IP and the experience you will have in this game will be good…. who better to look after your $$$$ then you. I person you are paying $23.15 pw, how much do they really care, or to put it a better way. Do you care more????? I mange all my prooperties and hence are now a property partnership 9another benefit). All properties run…[Read more]

]]> 0f74817235afba172f4fb35b7a3207e7 number 8 replied to the topic $20,000 saved. What to do? in the forum Creative Investing https://www.propertyinvesting.com/topic/4402641-20000-saved-what-to-do/#post-4640828 Thu, 10 Feb 2011 05:04:06 +0000 A couple of nights out, a holiday, lots of beer and a nice bike?????? Ok, probably not what you wanted to hear….Invest cautiously…http://www.birchcorp.com.au

]]> 201b37f3761c7efecbac6912b04f5567 number 8 replied to the topic Pre-Settlement Home Insurance in the forum No, You do not own the https://www.propertyinvesting.com/topic/4402739-pre-settlement-home-insurance/#post-4641587 Thu, 10 Feb 2011 04:57:21 +0000 No, You do not own the property until settlement. Have the building insurance set for settlement day… Congratulations anyway!!!!

http://www.birchcorp.com.au

]]> b21f23ddd4d24ea6a56b583e8b79d733 number 8 replied to the topic Pre-Settlement Home Insurance in the forum Help Needed! https://www.propertyinvesting.com/topic/4402739-pre-settlement-home-insurance/#post-4641587 Thu, 10 Feb 2011 04:57:21 +0000 No, You do not own the property until settlement. Have the building insurance set for settlement day… Congratulations anyway!!!!http://www.birchcorp.com.au

]]> 06853c2124c719eeb95f4da8f9f5fdb9 number 8 replied to the topic Newbie looking to Invest in the forum Yes, it iis time to make https://www.propertyinvesting.com/topic/4402709-newbie-looking-to-invest/#post-4641319 Thu, 10 Feb 2011 04:53:46 +0000 Yes, it iis time to make real money with property. Your $15,000 will look insignificant in contrast to what happens after several property cycles…..http://www.birchcorp.com.au

]]> b62f17f9893f68eb5ec6731db04a2006 number 8 replied to the topic Help and advice needed!! in the forum Help Needed! https://www.propertyinvesting.com/topic/4402714-help-and-advice-needed/#post-4641406 Thu, 10 Feb 2011 04:50:44 +0000 As above, property allowed me to retire at 33. I now give advice on a part time basis. i.e. I work as is required. No 9-5 thank you to property investments. http://www.birchcorp.com.au

]]> e116ee7b7f6627cd8b90c9232e880cb8 number 8 replied to the topic Insurance Type in the forum Building Insurance as an https://www.propertyinvesting.com/topic/4402717-insurance-type/#post-4641415 Thu, 10 Feb 2011 04:46:49 +0000 Building Insurance as an obvious one, but the I will assume the reno is cosmetic….. Nil insurance required.http://www.birchcorp.com.au

]]> 7ac451aa6db7e774417127b2782f8552 number 8 replied to the topic Line Of Credit - and paying off the principal in the forum Help Needed! https://www.propertyinvesting.com/topic/4402722-line-of-credit-and-paying-off-the-principal/#post-4641448 Thu, 10 Feb 2011 04:44:03 +0000 Interest expense used to pay principal is not deductible… call it what you like. I would ask for a private ruling on this one if this was your intention.http://www.birchcorp.com.au

]]> 4faf3006e00652278e21dc7dd6515d85 number 8 replied to the topic want to buy apartment in the forum Help Needed! https://www.propertyinvesting.com/topic/4402733-want-to-buy-apartment/#post-4641543 Thu, 10 Feb 2011 04:34:52 +0000 What is the zoning for the area? What are the height restrictions? Can you acquire the neighbouring block? What will a new unit your area sell for? Think before buying what may never be a good development opportunity….http://www.birchcorp.com.au

]]> 1ec99ccc6768cc8d5523dddd3451dbc3 number 8 replied to the topic Advice desperately needed!! Can only afford first home that's got asbestos in the forum Asbestos is part of buying a https://www.propertyinvesting.com/topic/4402737-advice-desperately-needed-can-only-afford-first-home-thats-got-asbestos/#post-4641585 Thu, 10 Feb 2011 04:28:21 +0000 Asbestos is part of buying a home that has a little age, Out of 9 of my properties, 3 do not have asbestos. So your options are sit on the sideline or accept that this is what people used to build homes prior to the "80's". The value is in the land not the property. The land is what makes you money over the long term. As mentioned above, just take…[Read more]

]]> 7f935418bbfe234e64fa6d3d3db866ab number 8 replied to the topic SMSF - percentage split? in the forum Help Needed! https://www.propertyinvesting.com/topic/4401736-smsf-percentage-split/#post-4635328 Tue, 02 Nov 2010 23:38:24 +0000 That is correct, I have just completed an SMSF purchase for myself with a 100% loan. By completing internal lend, you can loan your SMSF what you please. The benefit of this is that you can also loan your SMSF at home-loan interest rates. This is a simple process of drawing up a loan agreement with your SMSF.The investment strategy will require…[Read more]

]]> 12a415c04e0aa0588f5af8fdc207d9d7 number 8 replied to the topic SMSF - percentage split? in the forum Help Needed! https://www.propertyinvesting.com/topic/4401736-smsf-percentage-split/#post-4635326 Tue, 02 Nov 2010 23:26:02 +0000 Now let's look at the real costs,$1500-$2000 is a little light,You will require:1. SMSF (set up may be $200, include set up of Investment strategy, ABN andTFN)2. Corporate Trustee x2- $1100 (ASIC fee is $440 x2 ). I.e. The Bare trust will also require one as per bank instructions and flexibility and so as not to contravene super laws.3. Bare…[Read more]

]]> 15e0da575b4c9f5ea6e9d899d10430ed number 8 replied to the topic Rental income into PPOR, any tax implications? in the forum Refer to part iv(A), the https://www.propertyinvesting.com/topic/4401632-rental-income-into-ppor-any-tax-implications/page/2/#post-4634810 Thu, 28 Oct 2010 21:10:14 +0000 Refer to part iv(A), the anti – avoidance rules for income tax. This may be a concern when looking at your scheme (i.e. the circularity of money without a purpose). There is a grey area….. proceed with caution.http://www.birchcorp.com.au

]]>