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  • Profile photo of AdministratorAdministrator
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    @julietaryana
    It seems that there was a typo in your email address but you may have already called our office to fix this up? In any case I’ve resent your invoice and logistics email. Please let me know if you haven’t received them.

    @aussiepatel
    Unfortunately the conference is fully booked and the Fund dinner is almost booked out.

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    @wiggles2
    The dinner invite went out this week to fund members. Please let me know if you didn’t receive the invite or contact the office on 03 8892 3800.

    @kuna
    The tickets are fully refunded as long as you get your name ticked off as having attended. It doesn’t matter what day you do this or when you leave. If you received an invoice for the seat deposit then it does mean you’re registered for the event.

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    Surely anyone that did this fund is laughing right now. I wish I was around when the offer was available. Any one know how its going?

    Hi TM, you can track the Fund’s performance here:
    http://www.passiveincomefund.com/performance/

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    Hi everyone,

    We’ve just sent out an email today with very detailed logistics to anyone that has purchased a ticket. Please let me know if you have not received this, and I’ll make sure it’s resent.

    Once the tickets go on sale to the public, you’ll also be able to find the logistics on a sales page on this website. For anyone viewing this thread:

    Specific Timings

    Friday 19 June 2015
    Registration Opens – 08:00
    First Session Starts – 09:15
    Sessions conclude – 17:30

    Saturday 20 June 2015
    Registration Opens – 08:30
    First Session Starts – 09:00
    Sessions Conclude – 17:30

    Sunday 21 June 2015
    First Session Starts – 09:00
    Sessions Conclude – 17:30

    This year our Millionaire Mega Conference is returning to Melbourne and being held at the Pullman on the Park.
    Address:

    Pullman on the Park
    192 Wellington Parade
    MELBOURNE VIC 3002
    Ph: (03) 9419 2000

    Main Session Room:
    Grand Ballroom (Level 1)

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    Hi John,

    That link you posted should work now. Thank you for letting us know!

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    I love Jason whittons philosophy and lisa sanders' approach to finance. I've been going it alone for several years but using their free downloads as an education tool, amongst others. I finally went to a free seminar at 6 last Wednesday, told the presenters I want to get moving, buy now, talk to finance etc. sat through the talk,  hung around till 930. Still didn't get to talk to anyone, left my number, a note to contact me ASAP re finance and also mentoring workshop, no response.

    I called the WA OFFICE 4 times on Thursday, no answer….? The phone just rang out, once again today (Friday), no answer….

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    Steven, whatever you do, do not get yourself into negative gearing.

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    Hi Guys,

    Adsense is what you're referring to:
    https://www.google.com/adsense/

    Adsense just requires putting a bit of code on your website, that is customised for your account. Adverts will then be displayed in the Google ad format. The ads that appear will be relevant to the content displayed on the page being viewed, and the site. When someone clicks an ad displayed on your website, you will receive an amount of money based on how much the advertiser has to pay per click (PPC) for that ad.

    Adwords on the other hand is the system where you pay for advertising. The advertisements you pay for are displayed on websites that are using the Adsense system. For every click someone makes on your advertisement, the site that was displaying the clicked ad will earn a % of that PPC rate you agreed to. Google is just the middle man, taking a percentage.

    It's completely possible to make a lot of money through Google by simply using Adsense. This usually requires having a website that gets a large amount of visitors however. When this is the case, you may as well advertise for companies directly, as the money is much better. That's why news websites that rely on advertising don't use Adsense.

    Adsense is much more suited to multiple websites that receive a decent amount of traffic each (if you plan to make good money through it that is). Blogs, small information sites etc.

    Cheers

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    Very interesting Val.

    I've become very interested in platinum.  Just back in March it was at a phenomenal all-time high, but it has quickly plummeted back to a 5 year low. It seems to be gaining again steadily, but really has a long way to climb before I'd consider it stabilised.

    My question is, what caused this major plummet? Obviously platinum is becoming a more useful metal for pollution reduction purposes. With China getting more involved, the world going more "green" and the extremely scarce nature of platinum, I can see what would cause it to rise in value so much. Is the value really there, but the price was just rising too fast?

    Cheers,
    David

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    Hi duckster,

    Thanks for the reply… I plan on selling it when reno is complete.  Hoping to do 2-3 a year…don't know whether this will turn out.  Anyway, thank you again.  Have a great day.

    Tina

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    Hi there again,

    Sorry, disregard last post.  I meant Capital Gains Tax not GST.  Just read another post regarding GST before posting mine, so must have got it stuck in my head.  Will I have to pay Capital Gains tax on my reno and on sell if I purchase the property and have an income of $30 000?  Combined income is $100 000.

    Cheers,
    Tina

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    Hi all,

    My husband and I pull in about $100 000 a year combined income.  My part-time portion is only $30 000.  If I was to buy a property under my name only and renovate it to on sell, would I have to pay GST on the profits?  If so then what rate would I expect?

    Thanking you,
    Tina

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    Hey Yorkie,

    Not meaning to pry and tell me to mind my own but……how did you manage to buy 5 properties in the last 2 months ?

    Cheers,
    Tina

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    Hi Jaffasoft and Yorkie,

    To be honest I have been looking at Waverley and Rocherlea in Tassie.  One of the many property magazines we buy (I know, I can hear you say, magazines are a waste of money) said these places had consistent capital growth over the last few years.  They are affordable too.  The only prob is I live in SE Qld and was told not to reno in other states as I would have to contract out the work and hence, no profit.  Surely I could find good contractors and figure the costs into my renos?  What are your thoughts? 
    Cheers,
    Tina

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    Hi Quickchick ,

    Great advice…..  I will do what you have suggested right now.  I find it great to be able to show my complete ignorance and have people give me advice!  Cheers,
    Tina

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    Hi Daedalus,

    Thanks for your info…you are a veritable font of knowledge !  I just used $50 000 as a figure.  Do you reno at all?  Using the reno toolkit formulas I am scratching my head to come up with any prospects at all in my area of SE Qld that will make me a profit of $25 000 or more by the time the reno and associated costs are added. 

    Cheers,
    Tina

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    Hi Daedalus,

    Thanks for replying. After reading your posts I thought you might never have to time to post again ……you seem to be so busy with the IPS!  I think you're right in that there's no point selling it at the moment.  There are heaps of properties for sale now.  My PM says that the Alinta Gas plant is either being constructed or will be and so rentals will go up.  I haven't been up there to check this out though….not as diligent as you

    I am a bit of an armchair investor….I lack the confidence to take risks and by the time I am sure properties or opportunities are gone….Who dares wins I guess.  Again, thanks so much for the reply and great info in your posts.

    Cheers,
    Tina

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    Hi Guys,

    Just read through all the posts.  I know I am coming to the table very late…..but… what can you tell me about Blackwater.  I have a property there.  I know it has boomed already.  What I want to know is…. should I sell it or will there be opportunities for some profit in the future?  At the moment it is virtually paying for itself other than rates and insurance. 

    Cheers,
    Tina

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    Hi Jaffasoft,

    Thanks for replying.  Is there a way I can work out the CGT I have to pay?  Say I make a profit of $50 000 on paper.  What am I up for in CGT?

    Cheers,
    Tina

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    Thanks Adrian and Amber and Jaffasoft.  Can I just ask.  Say I find a good buy …. I still don't understand how I can sell it within say 12 weeks and make a good profit considering CGT?  Can you or anyone advise me?   Cheers, Tina

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