Agree with some of what DD say’s Phil98..

As we have 2nd child due in Oct and will go to 1 wage for a while..

You 26, and have $200K equity on a $500K home..Congratulations [biggrin]

Construct a Budget, and keep an eye on it..

My 2c, Look at residential, easier to rent out, everyone needs somewhere to live [cowboy2]and a great starting…[Read more]

Terry.. author was Harj Gill of Mortgage Free Australia i believe.

Books about $20.00

REDWING

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

Thanks depreciator..[thumbsupanim]

REDWING

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

Dom..

Noel Whittaker has a small pocket sized book, available at bookstores, explaining most forms of loans..

REDWING

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

[jerry]Go Stu..[thumbsupanim]

Play nice Guy’s

REDWING

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

Milly…

My computer wouldn’t let me access that site posted by Darkness ( bloody idiot ) and lucky for me huh..

See wht happens when they teach Uni students how to build a ‘worm’ so they know how to destroy one…

REDWING

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online…[Read more]

Accountants used to do depreciation for you as part of your tax return in regards to IP’s, most will not now, ‘some’ still do…

I believe you’d find there’s always ‘something’ to depreciate…IP’s always need upkeep..

REDWING

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This…[Read more]

If you convert your existing PPOR to an IP then you will lose any capital gains advantages you did have

Amatized for the period you have it as a PPOR and IP isn’t it..?

I.E- if you had it as an PPOR for 6yrs and a IP for 4yrs then sold..60% would not count towards CGT ???

With your current PPOR and Unit, you have a lot of Equity available to…[Read more]

CAR WRECK

A woman and a man are involved in a car accident; it’s a bad one.
Both of their cars are totally demolished but
amazingly neither of them are hurt.

After they crawl out of their cars, the woman says, “So you’re a man. That’s interesting. I’m a woman. Wow, just look at our cars! There’s nothing left, but we’re unhurt. This must be…[Read more]

Dumb and dumberer

Some men in a pickup truck drove to a lumber yard.
One of the men walked into the office and said, “We need some four-by-twos.”

The clerk asked, “You mean two-by-fours, don’t you?”
The man said, “I’ll go check,” and went back to the truck.

He returned shortly and said, “Yeah, I meant two-by-four.”
“All right. How long do you…[Read more]

The new priest is nervous about hearing
confessions, so he asks the older priest to sit in on his sessions.

The new priest hears a couple of confessions, then the old priest asks him to step out of the confessional for a few suggestions.

The old priest suggests, “Cross your arms
over your chest, and rub your chin with one hand…. and try…[Read more]

Holiday area for Kalgoorlie miners as far as i know, very slow in the ‘Off” season..But ‘yes’ some activity there at the moment on development side..as far as i know..

REDWING

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

Thanks Rob..I know diddly about them [biggrin]

REDWING

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

Wallflower…

You got it all wrong, thats him showing me.. i played golf once or twice, on a 18 hole hole course and think i lost about 16 balls..

He enjoys it..for now [biggrin]

REDWING

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

Enjoyed his book, Stupid White Men, think he had to get it printed in the UK, printers etc in the USA wouldn’t get involved..

If its all untrue, its a wonder he’s not done for slander/libel

Off Topic, Current Affair was intersting with the Opuim Poppies/ Heroin in Afghanistan

REDWING

“Money is a currency, like electricity and it requires…[Read more]

Dom- You keep on changing ID’s ??

REDWING

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

Would LOVE to go to NZ..when it’s snowing !![inlove]

Hows things going spodge..?

REDWING

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

[inlove] Cobras Neighbour…Blushing !

[jerry]Cobra

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

Neil,

Possibly post a few more details, include Numbers of deals on the forum… Example- does she own her property outright ? If not, how much owing, what loan structure is etc.. what is expected rental of where she will move to, etc..

Is she moving into retirement village, or other..

A win-win situation for you both would be…[Read more]

I know their just coming into WA and are about in other states..But would – deposit bonds be usable ????

REDWING

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator