Forum Replies Created

Viewing 8 posts - 1 through 8 (of 8 total)
  • Profile photo of Peterc01Peterc01
    Participant
    @peterc01
    Join Date: 2011
    Post Count: 9

    New website is a bit hard to navigate on iphone, would benefit from topics and menus being a bit larger

    Profile photo of Peterc01Peterc01
    Participant
    @peterc01
    Join Date: 2011
    Post Count: 9

    hi nathan, yeh the cookie settings wrked.

    cheers

    Profile photo of Peterc01Peterc01
    Participant
    @peterc01
    Join Date: 2011
    Post Count: 9
    ksun1985 wrote:
    Thanks, Do you need a license to sub contract the work after lock up stage? i.e can the builder walk away after lock up stage and leave the rest to me to complete? I'm asking because I owner built my current residence and know many people on the trade and want to try save as much as possible. (My father is a plasterer)

    where are you based, in Qld/NSW?

    Profile photo of Peterc01Peterc01
    Participant
    @peterc01
    Join Date: 2011
    Post Count: 9

    I'm having problems logging in with my iphone, worked first time on the laptop but on the phone every time I enter my login details it reloads page but doesnt log me in, there is no error message just returns to login page.

    Not sure if its just me having the problem??

    Profile photo of Peterc01Peterc01
    Participant
    @peterc01
    Join Date: 2011
    Post Count: 9

    Thanks for all the input especially yours jnb, much appreciated.

    I have been in contacted with Richard to discuss further.

    One thing I have learnt from getting various types of finance,
    there are brokers and theres brokers that know how to get the money, these are the ones I find over time and stick with.

    Peter

    Profile photo of Peterc01Peterc01
    Participant
    @peterc01
    Join Date: 2011
    Post Count: 9

    Hi Richard,

    Yes I have the previous 2 years personal tax returns, however this will be the first year of filing a business return.

    Do lenders require the self employed to be in business for 2 years before they will look at lending for a mortgage??

    Thanks.

    Profile photo of Peterc01Peterc01
    Participant
    @peterc01
    Join Date: 2011
    Post Count: 9

    I am in a similar situation, I have owned a business since sept 2011 and would like to sell our IP as its neg geared and not a tax benefit anymore.

    Would I be able to get another loan for a different IP if i sell my current property???
    Assuming I have 10% deposit and only debt is on business, and existing IP.

    Do the brokers on here deal with many self employed people??

    Profile photo of Peterc01Peterc01
    Participant
    @peterc01
    Join Date: 2011
    Post Count: 9

    Thanks for the replies.

    Would you suggest setting up a 2nd discretionary trust with myself as trustee or a company as trustee?? ( which do you think would be best from an asset protection point of view? )

    Regardless I will seek advise from my accountant before setting anything up.

    Thanks
    Peter

Viewing 8 posts - 1 through 8 (of 8 total)