Thanks Derek…

[thumbsupanim]

I also have the List you sent me,thanks for that also..

REDWING

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

Yes AND keep a diary to rationilise WHY the trip is a deduction:

For example, you could spend 2 days seeing R/E Agents and IP’s then a days rest would be acceptable..

Re Terry’s advice on Socks, a friend who is a distrubitor of sports clothing used his Bali Holiday I mean Business trip as a deduction, he picked up clothing samples and saw…[Read more]

Thanks Mel

[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

Lowest price in Aust..$12K house and land….Overpriced

No tenants in the area apart from 2 kangaroos and a donkey

REDWING

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

Just quickly Stu..

Seing as how the June 30th financial year looms.. ( think it’s May in NZ ), for me…and Mist1 ( see her posts ) Taxation articles for novices and advanced..

And those crazy Tax avoidance scheme’s..The Good , The Bad, and the downright Ugly

REDWING

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

Misty..

Same same here for many years, a work-mate would tell me what they’d been claiming for years , i’d ask my acc’t, he’d say, “hmm.. yes, we can do that also”

It’s annoying giving your accountant the information and ideas..my suggestion find an accountant who’s an avid property investor..

All the best..PS- great posts and relevant to this…[Read more]

Hi Connie..

Agree with Kay..re

Re Hans Jakobi’s product… I see Hans as more of a “clearing house” as in a person who collects products from other “gurus” and who sells them in a job lot. A lot of the products he sells (other people’s books and his own) come from varied approaches- which is a good thing, in my opinion! But basically, if you’ve…[Read more]

Thanks Jaffasoft for that.. will do when i get new laptop..[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

Geo..do a search on mortgagecapital on the web, not just Australia

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 for posting Pic there PG will get mine to you shortly..

REDWING

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

Ewwww[blink]

REDWING

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

A million dollars is insignificant when you can talk to god also wallflower[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

Wow..

I learn something every Day..parents have a mango plantation, i’ll have to ask them..If they’re not claiming, thanks in advance..

REDWING

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

Do a search Misty some lengthy posts on this… the answer is YES and NO..depends on lots of whys..

Holidays..No
Investment Only..Yes
Mixture..Yes and No

REDWING

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

From what i’ve read only….

R.G.Allen was brought to Australia by promoter Ronnie Kagan, a former partner of Henry Kaye..

Mr Allens workshop promotions are similair to those of local wealth spruiker George Mihos..from the ‘Today not Tomorrow ” institute..

In R.G.Allens ad’s he claims “I’m on the prowl again-looking for a small group of…[Read more]

ng

Here’s my preliminary thoughts:

1. I purchase a suitable property for mum to live in, paying $1/wk rent to me. I pay all rates etc. Any losses are a tax deduction.
rent has to be ‘at market value’ $1 will send BIg alarm bells ringing and cause you huge headaches, remember , fruad is a federal offence, doesn’t work like that my friend

2. She…[Read more]

Misty..

Form used to be 221D ( lot of old posts on this topic ) now is 15-15, speak to your accountant.

Margaret Lomas promotes this approach, i believe Yack ( from memory ) uses it also..

Noel Whittaker suggest not to use it as a little each week will surely be wasted, better to have a lump sum return..

s’up to you..do you want more $ in hand…[Read more]

Me No understand either Misty..

But from the looks of your recent Posts, your getting ready for June 30th [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

Huh ???

Where’s depreciator…Misty..WOULDNT think so..

REDWING

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

Lambsie..

Please add breaks in your posts as PK has done, makes it easier on my old eye’s [cigar]

REDWING

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