In Qld you are unlikely to find any agent allow that as the deposit is usually an amount to cover the agents commission.

Sure Ownit can sort it out though.

Cheers

Richard Taylor
Residential & Commercial Finance Broker.
Licensed Financial Planner. Ph: 07 3720 1888
richard@tayloredfinancialsolutions.com.au
Looking for life cover – We Guarantee…[Read more]

Avanti

That is actually not quiet correct.

The Trustees formulate the investment decisions not the Auditor and they are the who are responsible for the day to day management.

The Auditor is only requesired to sign off at year to confirm the compliance of the fund.

Cheers

Richard Taylor
Residential & Commercial Finance Broker.
Licensed…[Read more]

Sue

If any Accountant suggest a strategy then i would be giving them a wide birth.

Such a transaction will breach the in house Assets Test under Section 71A SISA. The transition rules for assets purchased prior to 11 Aug 1999 have until 1 July 2009 to unwound.

Cheers

Richard Taylor
Residential & Commercial Finance Broker.
Licensed Financial…[Read more]

Thanks Terry.

Assumed it was a NSW thing.

Don’t think it has hit the Sunshine State yet !!

Cheers

Richard Taylor
Residential & Commercial Finance Broker.
Licensed Financial Planner. Ph: 07 3720 1888
richard@tayloredfinancialsolutions.com.au
Looking for life cover – We Guarantee to beat any quote you have in writing.

Chad

Good to hear of someone actually helping out those investors who were sold overpriced properties in WNY.

Mate i know if anyone can do it you will.

Enjoy your break.

Cheers

Richard Taylor
Residential & Commercial Finance Broker.
Licensed Financial Planner. Ph: 07 3720 1888
richard@tayloredfinancialsolutions.com.au
Looking for life cover…[Read more]

Hi,

I do know of another was to get into property using your super.

If you are seriously interested send me an email aphanartzis@payce.com.au

Regards
Andrew

Andrew, why not post it for all to read and comment unless of course as your first post this is an ad for some form of business.

SMSF can certainly purchase property and i have several…[Read more]

Anyone advise me what a warp is ?

Cheers

Richard Taylor
Residential & Commercial Finance Broker.
Licensed Financial Planner. Ph: 07 3720 1888
richard@tayloredfinancialsolutions.com.au
Looking for life cover – We Guarantee to beat any quote you have in writing.

Pagan

Might like to do a seach on the forum and see what has been posted on this as it has been raised on more than one ocassion.

Cheers

Richard Taylor
Residential & Commercial Finance Broker.
Licensed Financial Planner. Ph: 07 3720 1888
richard@tayloredfinancialsolutions.com.au
Looking for life cover – We Guarantee to beat any quote you have…[Read more]

Red

I am sure that Bennett & Phillips know what they are talking about but Installment Contracts are a specialised area and we have found over the last 10 year of being involved in providing Vendor FInance that not all Solicitors understand the mechanics.

Ask them to provide you with a full cost of preparing such a contract as having done over…[Read more]

KR

You say advertise, will you be a co-purchaser or are you looking to pool together investors and then find them property.

The reason is you need to be aware of the Managed Investment Act which deals precisely with this issue.

Post more information and we might be able to assist you further.

Cheers

Richard Taylor
Residential & Commercial…[Read more]

RL

Try Steve Hodgkinson who is a good friend, business partner and has been my accountant for 12 years.

He is a partner at the Gold Group in Southport and knows property inside out.

He can be contacted on 5532 2855 tell him i sent you so you can get past the receiptionist. Most decent Accountants aren’t taking on new clients.

Cheers

Richard…[Read more]

Might like to do a forum search on the Investors Club as they have appeared in many a previous post.

I promise you that Kevin & Kathy Young whatever they tell you are not doing it for charity.

Cheers

Richard Taylor
Residential & Commercial Finance Broker.
Licensed Financial Planner. Ph: 07 3720…[Read more]

I would use Ownit.

Ownit are the conveyancing arm of Melville McGregor Solicitors and Leonnie and half of the staff walked out 2 weeks ago to join CSM.

Neither of the original partners who are both personal friends are there and have sold the business. They are cheap but now so is the service levels.

Cheers

Richard Taylor
Residential &…[Read more]

Scotty

What a load of rubbish – i would be ditching him NOW.

Without knowing all of your details I would suggest that you consider an interest only loan and link it to a 100% offset account.

If you decide to move and want to retain the property and rent it out you will be able to claim the full interest on the original loan as a deduction and…[Read more]

Paul try

CSM Conveyancing
6 / 82 City Road
BEENLEIGH
Q 4207

Ph – 3807 2233
Fax – 3807 3841

Ask for Leonnie Dixon and tell her i sent you.

Has been my Solicitor for 12 years and is cheap yet the best quality service going around in Brissie.

Cheers

Richard Taylor
Residential & Commercial Finance Broker.
Licensed Financial Planner. Ph:…[Read more]

Hi there

No sure exactly what you mean “claim back settlement fees etc”.

If however you are referring to the general costs of purchasing i.e Contract stamp duty etc then you can add these to the cost base as well as any improvements when you are calculating CGT on an IP.

If i am way off the track please redefine your question and we will try…[Read more]

Hi Sandra

Before you jump down my throat i had nothing to do with amending your post. I didn not even notice it had been amended until recently.

Ok 2 things.

1) The loan you mention is available to a range of brokers throughout the Country and is nothing special. Many other lenders offer a capitalised product and the lender certainly does not…[Read more]

Hi Greenfield

Firstly welcome to Qld when you arrive and especially Brissie.

Don’t tell too many people about the City and areas as we are trying to limit the numbers on migration.

No seriously look forward to having you as a neighbour.

Ok on the Accountant front i would recomment Steve Hodgkinson from the Gold Group on 5532 2855. Steve is…[Read more]

I guess there are always seminars to attend and people happy to take your money off you.

The question is why would you want to attend one.

Why not read yourself and set yourself a plan and a goal for what you want to achieve.

Remember that only a Licensed Financial Planner is able to offer you investment advice.

I would suggest that you read…[Read more]

No but i can recommend a good conveyancer.

Unless you have both the time and the inclination then why not use your time more wisely and pay someone to do it for you.

To save maybe $350 less the cost of you driving around and undertaking the searches i personally wouldnt bother.

Cheers

Richard Taylor
Residential & Commercial Finance…[Read more]