Millie, may I suggest you consider applying for an ABN as you need that when you go for a No Doc loan.

Pisces

>>The discussion about headline rates of inflation and interest rates are somewhat detached from the investors decision matrix.<<

James, you better explain what the words ‘headline rates of inflation and interest rates’ mean.

Pisces

Morals differ from person to person, from one group of people to another group.

What is immoral in this country may be very acceptable behaviour elsewhere.

Who are we anyway, judging someone else’s behaviour ?

Pisces

Thanks for your response Terry.

It doesn’t however look to me as if Capital Gains tax comes into play. Any profit one makes would be classfied as taxable income.

>>A flip would be substituting another buyer before going unconditional -saving you $12,500 (in some states anyway).<<

As far as I understand that avoiding of a second lot of…[Read more]

>>………… as to whether you should act in a moral or business capacity?<<

Jo, what are you saying there ?

The two aren’t mutually exclusive. It isn’t a case of one or the other.

One can look at something in a business manner and it doesn’t have to be necessarily immoral.

Pisces

>>”Looking forward to the day when I can tell the boss where to go”<<

Myydral, if you want to speed up the process tell him right now. [wink]

Pisces

Here are another couple :

Argue for your limitations and sure enough theyre yours. – Richard Bach

A little inaccuracy sometimes saves a ton of explanation. – H. H. Munro (Saki) (1870-1916)

In the End; we will remember not the words of our enemies; but the silence of our friends. – Martin Luther King Jr. (1929-1968)

Here are some more :

It is better to have a permanent income than to be fascinating. – Oscar Wilde (1854-1900)

Show me a sane man and I will cure him for you. – Carl Gustav Jung (1875-1961)

Logic is in the eye of the logician. – Gloria Steinem

We didnt lose the game; we just ran out of time. – Vince Lombardi

Black holes are where God…[Read more]

>>our government openly sympathises with Bob Mugabe of Zimbabwe, while not yet taking the same route, although a Minister recently announced that the Government was going to expropriate farms of farmers who mistreated their workers.<<

Sometimes it is very hard to see what the real situation is.

But judging from the outside, to me it is akin to…[Read more]

Anyone who sets out to commit a crime like for example bagsnatching should, if death is a consequence of the act, be held accountable for a murder rather than manslaughter.

Even someone with half a brain ought to be aware of the possible dangerous consequences of their proposed crime.

Idiots who commit such acts should get life and not just get…[Read more]

Dear All

Such top quality info, and so much to digest!![cap]

I’ll speak to our friend, explain the ins and outs of all your replies, and keep you posted.

Once again, thanks BILLIONS!!
Cheers
Greg F

For heavens sake Kay, I was joking just as George was.

Pisces

>>I have just recieved an email from a company called Contrabart, they have approached me about purchasing my property.
They mentioned a deal of 80% cash and 20% trade dollars.<<

I have just had a rather disturbing thought.

If what Ginamarree says is to be taken literally i.e. that it is Contrabart which actually wants to buy your house there is…[Read more]

Wow, a 7% fee. That is a lot more than credit card companies charge.

It may perhaps be a better idea to see whether you can trade in something else when you buy or sell.

Pisces

I have no idea what exactly is contained in the wrappack (Steve hasn’t given me one yet so I really am not in a position to recommend it as yet [cap] ).

If what you are referring to relates to keeping track of the rent (or ‘occupation fee’ if that’s what you like to call it), I cannot quite see that using accountancy software is required at this…[Read more]

In your particular situation I cannot quite see why you would make it so complicated.

If your mother simply borrows some money against her house and lends this to you to assist with the deposit then you will avoid stampduty having to be paid twice. Once when your mother buys, and again when the property is transferred to your name.

If you are a…[Read more]

>>You can wrap anything<<

Yeh, my wife always wraps my lunch for me. [fez]

There are many ways in which people approach vendor finance.

They load the selling price, they charge a premium on the interest rate, some do a combination of both of the above. Other arrangements may involve having a balloon payment after a number of years (which…[Read more]

Hi Glenn,

Cannot say that I have run into any Namibians though there are quite a large number of (white) South Africans living in Sydney (which appears to be their favourite destination).

Many have done very well here in business, some of them have even managed to create big empires.

Basically, I would think, because somehow they were able…[Read more]

Be carefull. Someone listed as a member may not accept more than a small number of trade dollars on a particular purchase.

The tax situation also looks a bit complicated to me. I don’t think that the taxation department will for instance allow you to pay your tax in trade dollars. [cowboy2]

Pisces