Hello to you Elka, grossrealisation, Philip, et al
Thanks for your comments and suggestions. I had mistaken what you said in the previous message Elka, I will try forwarding a letter to the owner through the rates section.
Will see how this goes and then follow up. Will let you know via this post how I go.
Thanks Don, Winelover, and Elka
Appreciate your taking the time to reply. Should have mentioned, have tried leaving a letter – no result, have tried the council re the rates notice and now know that they are very strict about privacy legislation. Will give the post office a try to see if they are forwarding mail or holding it for anyone.
My accountant in Melbourne is pretty switched on and has done work for me over the last year and a half dealing with NZ, various property purchases and liaising with NZ accountants.
62 Lygon Street
CARLTON VIC 3053
Ph: (03) 9650 0550
When negotiating on property purchase price, after you’ve made your first offer and received the vendor’s counter offer, offer two prices. First a price if they pay for the inspection report/pest inspection/LIM report/whatever. The second price is if you organise the reports but this price is significantly lower than what the…[Read more]
Can only advise on what I’ve done which is set up separate structure in Aust and NZ. Trust and company in each. If holding in NZ means less tax v’s Aust’s higher rates. If you only had an Aust. structure you’d pay tax on NZ earnings then receive a credit for what you’d paid in Aust. and pay the difference.
E-mail me if you want…[Read more]
I’d be happy to organise the money re your 800 acres depending on the answers to a couple of questions, so will need further information. Please e-mail me: ntashkoff at vtown.com.au with your contact details and I’ll give you a call.
Good afternoon Pat
From what you’ve said I’d say the main reason finance might be a problem is that a lot of lending institutions are very wary of lending for CBD units due to the oversupply of units in the Syd. and Melb. CBDs. They are concerned that the oversupply could lead to a drop in price if vacancies increase and/or a lot of units hit…[Read more]
Would you be able to flick pass your property rates spreadsheet to me at my e-mail address below:
Hope you didn’t get too down about the World Cup result.
I vaguely remember hearing somewhere in the last few days, that land rates are more expensive in Tasmania – does anyone know what kind of…[Read more]
Top of the afternoon to you Mini
Good work on the NZ deals!
I have been looking at NZ and haven’t found any cashflow positive properties as yet. I’d be very interested in getting the contact details of the agent you have been talking to as well as how you do the legals etc for your purchases from Aust.
My e-mail address…[Read more]