Robbie B replied to the topic FHOG on Jaffasoft calculator ? in the forum Help Needed! 20 years, 7 months ago
Links to all States…
Robert Bou-Hamdan
Mortgage AdviserRobbie B replied to the topic FHOG on Jaffasoft calculator ? in the forum Help Needed! 20 years, 7 months ago
You have to live in the house for 6 consecutive months within 12 months of purchase. This means you can rent it out for 364 days and move in on day 365.
You will only be entitled to the FHOG and Stamp Duty concessions if you do this otheriwse you will have to pay it back or risk being prosecuted.
Robert Bou-Hamdan
Mortgage…[Read more]Robbie B replied to the topic Borrowing to Pay Interest in the forum Legal & Accounting 20 years, 7 months ago
brahms,
I totally agree with you from a cashflow perspective. I would be happy to lose the deductibility on the capitalised interest to be only required to pay 4 cents a month in interest increasing by 4 cents each month IF I required cashflow.
Unfortunately, this type of structure would only be available to or used by the equity rich and cash…[Read more]
Robbie B replied to the topic usa properties in the forum Opinionated! 20 years, 7 months ago
This really interests me. Don’t they have any controls on what types of property can be purchased by non-residents?
Youn can buy some really cheap positive geared properties in the US so I thought they would be inundated by International Investors.
Surely this must be a problem for the US economy over the long-term especially if you do not have…[Read more]
Robbie B replied to the topic The Inestors Club – An Overview in the forum Opinionated! 20 years, 7 months ago
Hi Leo,
I am not concerned by any legal proceedings. I have merely stated my opinions and concerns supported by excerpts from other websites. I don’t think they will challenge me when ASIC has already publicly stated similar comments and won in Court.
It is interesting reading stuff about these guys. I see comments in various places about over…[Read more]
Robbie B replied to the topic Brokers- What do you expect from a BDM? in the forum No Subject 20 years, 7 months ago
No problem. I will try to respond to your latest email tomorrow.
Robert Bou-Hamdan
Mortgage AdviserRobbie B replied to the topic The Inestors Club – An Overview in the forum Opinionated! 20 years, 7 months ago
Sorry for this really long post but I think it is important as part of many investor’s due diligence to know all the facts.
The more I look, the more it worries me. Here are some interesting quotes available at:
http://www.travismorien.com/FAQ/ripoffs/scquack.htm
Bear in mind that many seminars have audience plants, so if you see some…[Read more]
Robbie B replied to the topic Loans to purchase in USA in the forum No Subject 20 years, 7 months ago
What is with the influx of US salespeople?
Robert Bou-Hamdan
Mortgage AdviserRobbie B replied to the topic The Inestors Club – An Overview in the forum Opinionated! 20 years, 7 months ago
Dazzling stuff Dazzling!!!
I have yet to hear a good story about these guys.
Anyone????
I am still concerned that all these people are selling real estate and giving advice without being licensed. I don’t care how many disclaimers there are, it just cannot be done legally in my opinion. Maybe ASIC or Fair Trading should take a look???
Robert…[Read more]
Robbie B replied to the topic usa properties in the forum Opinionated! 20 years, 7 months ago
I am interested to know a few things:
1. Can Aussies actually buy and own US property?
2. Do you get taxed in the US on any positive returns?
3. How much tax is charged on funds making it back to Aus?Robert Bou-Hamdan
Mortgage AdviserRobbie B replied to the topic 20% rent return USA properties in the forum General Property 20 years, 7 months ago
Hey, can I advertise here as well???
Robert Bou-Hamdan
Mortgage AdviserRobbie B replied to the topic The housing boom is back in the forum No Subject 20 years, 7 months ago
Originally posted by dmichie:
True, I have absolutely no idea where you stand on economic reform. You seem entirely satisfied that there are no problems whatsoever with the economy and that the Howard government can do no wrong. Government backbenchers are more critical.And there you go putting words in my mouth again. Why does it matter…[Read more]
Robbie B replied to the topic Numbers and quality on this site dropping in the forum Opinionated! 20 years, 7 months ago
Having said that, I find most of the good posts in this forum appear in that forum as well and vice versa. I personally also prefer the layout and colours on this site. Much more appealing
Robert Bou-Hamdan
Mortgage AdviserRobbie B replied to the topic No deduction for Henry Kaye seminars in the forum Legal & Accounting 20 years, 7 months ago
Hahahahahah – people will be quaking in their boots all over the place at the loss of deductibility of the expensive seminar fees they have paid. Luckily for me, anything I attend is paid through the company.
Robert Bou-Hamdan
Mortgage AdviserRobbie B replied to the topic Borrowing to Pay Interest in the forum Legal & Accounting 20 years, 7 months ago
30 years in the ATO and cannot give a definitive answer. I have no years in the ATO and I am telling you it is illegal. I am not even an Accountant.
I think Julia was saying that if it was set up solely to increase deductions, then it is a scheme. Your scenario is set up solely to increase deductions so it is a scheme. Being a scheme makes it…[Read more]
Robbie B replied to the topic The Inestors Club – An Overview in the forum Opinionated! 20 years, 7 months ago
It seems as though everyone is too scared to respond publicly about my comments above. I have received a few emails now telling me of some bad stories which I cannot divulge.
I would love it if those people would post some of their comments here to share with all or give me permission to do so for them (anonymously). My email is not working right…[Read more]
Robbie B replied to the topic The Investor’s Club in the forum No Subject 20 years, 7 months ago
Kay, are we forgetting something???
Core principle behind The Investors Club plan number 4:
Never, never sell.
Robert Bou-Hamdan
Mortgage AdviserRobbie B replied to the topic Westpac – Australian Dollar set to plunge in the forum General Property 20 years, 7 months ago
David, you need to speak about Derivex to get moderated and you need to hurt a sensitive person’s feelings to get booted.
Robert Bou-Hamdan
Mortgage AdviserRobbie B replied to the topic The housing boom is back in the forum General Property 20 years, 7 months ago
I knew I should not have followed that link. You don’t know me at all. Why would I find that babbling rubbish of any interest?
Robert Bou-Hamdan
Mortgage AdviserRobbie B replied to the topic Westpac – Australian Dollar set to plunge in the forum No Subject 20 years, 7 months ago
Don’t worry John, it will be back to normal soon. You know I get booted every 1-2 months for about 3-4 months and my time is nearly up!!!


Robert Bou-Hamdan
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