laura that was not only unwarrantted…it was rude

~ If at first you dont succeed…destroy ALL evidence you ever tried to begin with! ~ :þ

Franking credits are really just income Crashy, they should theoretically be treated identically. The fact that taxman has already been given it doesn’t really alter that fact. You can pretend it has a different flavour, but that’s really just psychological.

Taxman, the figures for 15% will not be exact because I believe you only get a 33.33 %…[Read more]

Thanks Taxman, I’ll pop in the 15% scenario as well when I can get my son off the other ‘puter with the db program on it.

Crashy you have to always include Medicare levy in any tax calcs, if your taxable income is over the threshold {$16284), eg you can never use 30% or 47% in any calcs. You know that of course, you’re only joshing!

Jim

Thanks for that Crashy. Sorry I didn’t really mean to pump you like that, well maybe just a little bit lol. (especially for a view of MarketMad.)
I’ll certainly be starting with the Nov – Dec round of dividends.
Regards, Jim

Yes Crashy, that was the post I was referring to. I’m sure she meant what I’ve said above, that income gets the taxman snapping at your heels each year. Regardless of how well you invest the positive cashflow each year, you still have to pay homage to the ATO at your marginal rate before you can. What we need of course is an investment that pays…[Read more]

Sorry Crashy, I’m leapfrogging. The cash flow money is not relevant. I’m just looking at time value of money. The depreciation allowance is vital to me buying 4 properties instead of just 1, so in effect it’s being put back into property.
I’m getting the money today, and I can do whatever I please with it, but anything better than inflation has…[Read more]

That oranges thing was an aside anyway Crashy, based on an earlier post (you were involved with) about income from dividends etc compared to capital gain.
I use 48.5% because in most of my posts about depreciaiton I say that it’s most effective on just a few properties so that it’s working away at the maximum marginal rate.
The whole “negative to…[Read more]

quote:

Jim

“but as I keep trying to get through to him, you only pay tax on half of your capital gain, and it will be in time eroded dollars if you hold the property long enough.”

Quite right, thanks for reminding me. But dont forget that many people forget to allow for the investment return on the saved capital over the same period. Its all…

[Read more]

Kevin, you can claim depreciation allowance for any property, regardless and totally independently of the rent and expenses for the property. It all depends on the value of fittings as per the Q/S report if you get one. Older properties that are more likely to be cash flow positive may have less value in the fittings, but it’s still independent of…[Read more]

This Telstra offer isn’t quite what you’re making it to seem Crashy, and I have serious concerns about some of your concepts you are touting. If TLS pays $5.40 per share, then $1.50 will be capital, and the rest fully franked dividend of $3.90. This will include an imputation credit of $1.67 as you say, ie a grossed up dividend of $5.57, whi…[Read more]

DaisyGirl, If you are referring to Margaret Lomas’ terminology in her books, she refers to positively geared as meaning you make a profit before tax, and you end up having to pay tax on that profit. She uses the term positive cash flow to refer to the situation where you would make a loss before tax, but the effect of depreciation ie non-cash…[Read more]

Spiders.
Satans own evil little creation!
I can not handle even the smallest ones..Im such a wimp LOL

~ If at first you dont succeed…destroy ALL evidence you ever tried to begin with! ~ :þ

Twins is the surname….

March is where they were born….

Isnt the 5th line illegal???

Yep….Im going with the sea monkeys theory!! LOLOL

~ If at first you dont succeed…destroy ALL evidence you ever tried to begin with! ~ :þ

Hi there.
What is your email address, so that I can email you please – I may be interested in what you can find on your three day hunt.
You can email me at lrobbie$netspace.net.au
Cheers
LR[]

TOWLIE, 12ks out of Brissy CBD sounds OK as a growth prospect – but will depend exactly where – do you know Brisbane. You can email me for some anecdotal info if you like
lrobbie%netspace.net.au

Cheers
LR

Hi,
Tenants come in all shapes and sizes. I had tenants in a $400k property who gave me nothing but grief. My Grovely property is in an older area of Brissy – older house – and tenanted to a housing group. I get great rental income and the tenant has really looked after the place.
When she moved in I had quite a few phone calls and requests for…[Read more]

it took me 15 years to choose….I hope that was wisely enough LOL

Im not into fads and the like….I wear black coz I like it….I dont need to be told its “in” fashion or get peer approval. I like what I like [] Thats why I have dark pink hair…[][][][] (yes…thats the reason for my nickname!! LOL)

~ If at first you dont succeed…destroy…[Read more]

10 year old: Mum..can I use the phone?
Me: OK but only for 15 minutes.

I got the phone back within the 15 minutes..I was impressed!! As I was telling her how happy I was she had paid attention (for a change LOL) the phone rang…. it was for her. The little bugger had arranged for her friend to call back so I couldnt put a time limit on the call.…[Read more]

ty Smaointe for taking the time to explain that [] Im sold!! Ive said Ive wanted rats for ages..the time has come to get them!

(still ignoring Arty)

We had a guinea pig..no matter how hard we tried she was a biter…so they kids left her alone. She was happy…LOL the kids were not

.

~ If at first you dont succeed…destroy ALL evidence you…[Read more]

nofear..NO FAIR!!! [}][] []

.

~ If at first you dont succeed…destroy ALL evidence you ever tried to begin with! ~ :þ