https://www.propertyinvesting.com/members/robl/activity/ Activity feed for RobL. Sat, 11 Apr 2026 20:50:31 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 a55bd1753e48c9a2865b5e00ac7c03a8 https://www.propertyinvesting.com/topic/4402684-nras-and-negative-gearing/#post-4641168 Sun, 18 Sep 2011 06:08:49 +0000 DD concluded .. and, we've passed on buying one of these.We understand that the State Government portion of the 'rebate' is treated differently to the Federal Government component, this is called non-assessible non-exempt (NANE) income.Its covered it seems by Section 8-1 (2) of the ITAA.That sections says one cant deduct losses for NANE…[Read more]

]]> 6676bbc470d0ab2dff77a150d2091bea https://www.propertyinvesting.com/topic/4402684-nras-and-negative-gearing/#post-4641167 Wed, 16 Feb 2011 15:25:08 +0000 Many thanks to all for the comments.  The tree and olive investors thought some of the same things Of our two trusted accountants, both raised the same concern in precisely the same way.Our DD is almost concluded and we are hoping very much that the assumption a lot of folk appear to have is correct.  Conversations we have been having with the re…[Read more]

]]> 2ab35e5abfccba0a23d529e4f479434c https://www.propertyinvesting.com/topic/4402684-nras-and-negative-gearing/#post-4641162 Sun, 06 Feb 2011 09:25:50 +0000 Thanks ScottActually none of the threads say anything other than éligible'.  Outside og NRAS, we understand if we knowingly rent for below market rental and costs are apportioned at the same percentage, as we understand it.  I can find nothing that says the costs etc associated with NRAS would not be discounted by ATO to 80%.

]]> fde0beebf6f0c59fdefe4f898be97c09 https://www.propertyinvesting.com/topic/4402684-nras-and-negative-gearing/#post-4641160 Sun, 06 Feb 2011 09:07:25 +0000 Many thanks ScottAnd we agree – athough many would fall back to just cash flow neutral or marginally negative if it was 80%.The non-profits andthose folk who got into the differing Heads of Agreement arrangements must have thought he same thing, before the ATO ruled against the arrangements, and the Govt needed workarounds ahead of a legislative…[Read more]

]]> 446dc56572ffa8671a9a6abcd1229c33 https://www.propertyinvesting.com/topic/4402684-nras-and-negative-gearing/ Sat, 05 Feb 2011 23:39:46 +0000 Hi allWe are looking at a range of NRAS properties.We understand that generally, if a property is rented at less than market rental, negative gearing benefits and depreciation may be treated as proportunal by ATO.  ie If rental is 80% of market rate, then taxation benefits flowing from the investment are also 80%.All NRAS documentation we've…[Read more]

]]> c251b59c618e49051591dcd05aba2e03 https://www.propertyinvesting.com/topic/4394774-urgent-eviction-notice-served/#post-4595852 Sat, 22 Nov 2008 14:32:39 +0000 Many thanks guys … have passed on the info and web site/s

]]> 636ccc9283381be4c59cb2a7474d4ddf https://www.propertyinvesting.com/topic/4393940-perth-property-4/#post-4591474 Tue, 05 Aug 2008 14:34:37 +0000 Hi bacon et al …I be in Perth too .. though u aren't accepting privates there bacon … happy to yak etc off line … not an expert, and dont have anythin to sell .. but always interesed to yak – and eat over yakkin … the odd drink even .. in respect of property .. be it bacon, flowers or sals R

]]> 410f9b2dc1469992951868534645480f https://www.propertyinvesting.com/topic/4393942-newbie-prperty-investing-advice/#post-4591482 Tue, 05 Aug 2008 14:26:55 +0000 Yo CB57 Richard can be a grumpy bugger .. BUT .. he is generally right on the money (though ya might find interesting arguments between Richard and Marc on occasion about Xcollats etc) … Richard and many others appear to focus on paying down debt whenever possible and minimising costs wherever practicable.  A good thing, particularly in the pr…[Read more]

]]> 1beefe987a0d0bde0b20f637cc0979ed https://www.propertyinvesting.com/topic/4385726-property-bust-not-here-yet-worse-to-come/page/21/#post-4548842 Fri, 25 Jul 2008 14:26:23 +0000 Scamp .. am sorry mate, am not Dutch .. and you go on doin ya thing – ya evidently enjoy it .. good for you   Unfortunately, I deal with journos (many good folk among em), who do what you do here .. pick out the only word or a single passage that allows a 'hook' to peddle a message .. again good for you .. and you're very good at it … we see…[Read more]

]]> 41d5e4b7629e519c702f1d203bb88289 https://www.propertyinvesting.com/topic/4393776-how-important-is-it/#post-4590508 Mon, 21 Jul 2008 14:25:25 +0000 When we got our first, we thought – well there's a landlords insurance thing .. must be there for a reason .. so we took it out (after a few quotes) … got a prop manager – as one does … tenant – yup need them, got some …. and they always paid on time .. the odd glitch .. but up to date …BUT … we had a prob with the prop manager .. all…[Read more]

]]> 09747a64840f01512746835390b61a90 https://www.propertyinvesting.com/topic/4385726-property-bust-not-here-yet-worse-to-come/page/21/#post-4548838 Mon, 21 Jul 2008 14:11:54 +0000 Ummmmmmmmmmmmmmmmmmmmmm .. actually, yes, I do see Woolworths closing out the independants they knocked over in the last couple of years … in the wee patch in my State at least, and yup, they have sold the premises the 3 to 4 times wages rule … mmmmm .. was that before or after the shift from margins to total wage? … or before or after the…[Read more]

]]> b6dc7790fa84f102e3ed94f43d023eb6 https://www.propertyinvesting.com/topic/4392711-use-of-personal-savings-for-ip-loan-offset/#post-4584631 Thu, 10 Jul 2008 13:42:46 +0000 hehehe .. as you said .. to each their own

]]> df525beed31922565b7a6d67e8dc31d6 https://www.propertyinvesting.com/topic/4392711-use-of-personal-savings-for-ip-loan-offset/#post-4584629 Wed, 09 Jul 2008 14:12:13 +0000 Ta Richard .. is OK, the accountant, financier and tax folk do … that such an arrangement is available within an LOC suggests that some folk do actually find it useful – or it wouldn't be a part of the product … understand your comment re 'within' and LOC, however, the effect is the same inside or out (and you may labour under the notion that…[Read more]

]]> c57ae438ed48479bd292f3b5bfa5fb7a https://www.propertyinvesting.com/topic/4393631-article-in-api-on-mildura/#post-4589730 Mon, 07 Jul 2008 14:27:29 +0000 also keep an eye on Iluka and the work 20ks outside Ouyen (though we've left Ouyen alone – is probably a magazine or two away ) …. Ouyen (or Manangatang – where there development is occuring) is commutable from Mildura …. Ouyen has jumped a big % of a low base in recent months, though we'd suspect (though do your own research), that a town…[Read more]

]]> 70bb76fccff8f059176bc49ccdb6852e https://www.propertyinvesting.com/topic/4392711-use-of-personal-savings-for-ip-loan-offset/#post-4584626 Mon, 07 Jul 2008 14:12:22 +0000 One suspects the etax software wont mention it simply because one cant wash personal funds through against an investment loan – or the redraws become non-deductable debt. 

]]> 6a73a242e0c6a0ab3a932e9c7a18167d https://www.propertyinvesting.com/topic/4392711-use-of-personal-savings-for-ip-loan-offset/#post-4584625 Mon, 07 Jul 2008 14:09:42 +0000 interesting thread … One of the big four does actually have an offset within an LOC (portfolio) … [though they generally do not use brokers and where they do is with a minimal return] .. it is useful if one has the savings, and multiple positive balance accounts can be offset against a single nominated portfolio account (which cannot be f…[Read more]

]]> a8c5c5128a388a630aa5a325017332b9 https://www.propertyinvesting.com/topic/4393180-best-advice-dont-invest-into-property-the-australian-market-is-crashing/page/19/#post-4587092 Tue, 01 Jul 2008 14:50:17 +0000 I generally try to stay out of the chicken little discussions … Marc – you be spot on as usual .. Ormeau, you really need to have a look at western world fertility rates and the balance/approach/future of (past) NATO countries (all old news).  All we hear is the 'credit crunch' and US woes etc etc .. some may be well placed (although we have – i…[Read more]

]]> a87c0a9ac92ccdd0cd97489879c161c2 https://www.propertyinvesting.com/topic/4393623-finding-that-property/#post-4589678 Tue, 01 Jul 2008 13:49:52 +0000 All good advice W4 .. at the heart of it though is you must do that which YOU feel fits YOUR approach .. dont just go out and grab something – have a plan .. an approach .. and DO crunch the numbers (so YOU understand em) … the stayers about the place have their own way – yes read the books – dont blow ya dough on all the seminars necessarily…[Read more]

]]> 035f13755cfad280f94a5fb04ad44b68 https://www.propertyinvesting.com/topic/4393516-boom-or-bust-2/#post-4589081 Wed, 18 Jun 2008 14:36:52 +0000 yes .. lots of good info .. despite the tenor of some posts like workforce, demographics and DISTRIBUTION will be crucial going forward (NSW for example experience it – but dont appear to understand it) ..a good report from the fed dept of whatchamacallit .. used to be DEWR or something like that note that immigration .. while high .. isn't in the…[Read more]

]]> 5307a5fed263f2776804ddffbdca35e0 https://www.propertyinvesting.com/topic/4393504-trying-to-beat-the-bank-reposession-process/#post-4589026 Mon, 16 Jun 2008 14:39:33 +0000 Or .. you could take the Scamp chicken little "the sky is falling, the sky is falling" approach.Go to the bank .. tell em that one of their clients owes them more than they'd take from you for their house (which in the absence of any inspections, could be a termite ridden shell held together by paint; in the absence of a title search, may not…[Read more]

]]> 546b4a7cf19beece3229d57d27b002e7 https://www.propertyinvesting.com/topic/4393504-trying-to-beat-the-bank-reposession-process/#post-4589025 Mon, 16 Jun 2008 14:30:37 +0000 A chinese puzzle (nothing in that comment aside from the general title ascribed to complexity )You wont get a title transfer with the bank caveat (tis wot it is) in place – and so no settlement in any event (for the doubter – am going through an identical process – since August 07 – and we're only JUST settling this one now).The crucial bit in t…[Read more]

]]> 4b13a17e08fe5de44a87ce4cccffdc75 https://www.propertyinvesting.com/topic/4393479-investment-finance-what-do-you-need-to-know-2/#post-4588850 Mon, 16 Jun 2008 14:08:51 +0000 Neil, Kate, Alistair ..My observation is that most experienced investors do a lot of the ground work themselves depending on their strategy.  We've had four MBs have a tilt at our arrangements over four years (always pays to test ones arrangements), and we still have our original $ and structure intact.A lot of inexperienced folk just want basic -…[Read more]

]]> 21845686936f6467ebd4145f200ce239 https://www.propertyinvesting.com/topic/4393362-2-3-million-of-property/page/2/#post-4588254 Wed, 11 Jun 2008 14:37:43 +0000 hehehe .. some interesting commentary …. Z hang in there forums always interestin – though this site has become a quite negative place .. would be nice to see a surplus of positively geared comments for a change interest better than tax?! … for some perhaps … but if I be payin tax – I'm makin money – am happy to pay tax (though only a…[Read more]

]]> d3cbe2efe27febbe11f823b9de58b5be https://www.propertyinvesting.com/topic/4393459-myth-forced-sales-will-drive-up-rents-as-those-previous-owners-will-have-to-rent/#post-4588741 Wed, 11 Jun 2008 14:18:54 +0000

]]> cc1af0d775779de84bda61a9ec6a11ce https://www.propertyinvesting.com/topic/4393427-ouyen-a-possible-good-future/#post-4588578 Wed, 11 Jun 2008 14:03:34 +0000 hmmm .. falls in value around 23% since construction phase finished … there is some good info on relevant company website .. now going to production … a windback in Muchea .. reduction in Capel .. expansion 30ks – as you say – outside Ouyen .. some will not finance in the town – others will seek larger % equity up front … some…[Read more]

]]> 88702efad8eaf869e1f29ae382d97fbd https://www.propertyinvesting.com/topic/4391624-positive-cash-flow-propertys/#post-4578395 Mon, 14 Jan 2008 14:35:04 +0000 vyaw2003 – 4 Bed House & 2 Bed SC Unit .. single title

]]> efa608d31c90581237eee547cd17fbcc https://www.propertyinvesting.com/topic/4391906-line-of-credit-14/#post-4580455 Sat, 12 Jan 2008 09:00:42 +0000 Richard is right ..There are a few that allow up to 20K – but only during the lock period … I see NAB also have a similar LOC portfolio arrangement that, apparently, allows a full offset (which seemed odd in an LOC – to me at least – anyone else know anything about that one?)and Marc … would be interested in hearing about how or what one does…[Read more]

]]> aba65dc864f6fbfc17b173912ed08241 https://www.propertyinvesting.com/topic/4391757-cash-flow-mortgages/#post-4579181 Mon, 31 Dec 2007 17:01:20 +0000 Hey there ..for what its worth .. I normally find Marc's post entertaining .. but this time, methinks he is spot on .. if you have the equity to burn – and the guts to burn it (and do consider the opportunity costs of going down the line you choose) … then fine … BUT .. am always wary of those books, murmurs, and the OH GEE LOOK AT ME, that c…[Read more]

]]> 37ca6e9d1d0fcc2f2ecafb17c6ad0427 https://www.propertyinvesting.com/topic/4380930-asic-update-on-jamie-mcintyre/page/2/#post-4521221 Sun, 30 Dec 2007 05:19:01 +0000 or freeman

]]> 4fd5f0c4d93b6b69ba5aecd8a6903d2d https://www.propertyinvesting.com/topic/4380930-asic-update-on-jamie-mcintyre/page/2/#post-4521220 Sun, 30 Dec 2007 05:18:28 +0000 Way to go Ralph … and bloody well said

]]> 9e593971e653a47a5b3201e7e92a6142 https://www.propertyinvesting.com/topic/4391624-positive-cash-flow-propertys/#post-4578383 Sat, 08 Dec 2007 03:11:13 +0000 they are out there .. settlin one at 364 .. renting at 700pw

]]> 8fb8c4954cb9ca5d6e42ba6f1500174f https://www.propertyinvesting.com/topic/4390605-how-to-reno-in-another-state/#post-4572946 Sat, 08 Dec 2007 03:04:49 +0000 Hey there …Make ya offer … stick in a due diligence provision .. 14 working days …. see what you can do and what is achievable … if ya can't get there walk away from it …. consider the bukiding and pest checks as a general cost of investin … I'd rather burn a up to a grand and get it right, than scimp and pay a whole lot more R

]]> 0f3822fbf9133e72c482a87b24c2ed2d https://www.propertyinvesting.com/topic/4391171-please-get-me-out-of-here-2/#post-4575939 Thu, 15 Nov 2007 08:19:16 +0000 anything that impacts on your health and wellbeing ain't worth dealin with .. you and ya family come first … the property is only a 'thing' … move it on ….

]]> a756602ffdc4a1b29f8f14353cdc3773 https://www.propertyinvesting.com/topic/4391451-what-would-you-do-if-a-developer-rings-and-asks-to-buy-2/#post-4577240 Thu, 15 Nov 2007 08:15:56 +0000 mmmmmmmmmmmm .. 4 wot its worth .. ya friend should simply stack up the numbers and .. IF it fits with their strategy – problem solvered … if not .. don't pursue it … its ALL about the research .. some here .. some direct with appropriate folk … probably not helpful .. but given the info .. best response I can give you R

]]> fb80b01babc86165aab14952d5bd94ff https://www.propertyinvesting.com/topic/4391452-experience-with-dha-defence-housing-investment/#post-4577252 Thu, 15 Nov 2007 08:13:03 +0000 Anil ..the are other posts here re DHA .. whack into search and have a squiz .. I suspect you are not alone (a shame .. I was thinkin of them for the same reasons you have) ..R

]]> 436d4c6e4393ab04ed832e64080fde20 https://www.propertyinvesting.com/topic/4391446-landlord-insurance-13/#post-4577224 Thu, 15 Nov 2007 08:10:40 +0000 will have to try RACWA .. ta tools

]]> f6fb4b471d6a0e5d8b55b02c641e9885 https://www.propertyinvesting.com/topic/4387556-redcliffe-mania/#post-4558118 Tue, 13 Nov 2007 09:10:35 +0000 The water thing is interesting … water isn't rising in Pt Phillip Bay … but some pacific nations are ankle deep in water .. wierd world eh?  They did go through the 'buy near water' thing here in Perth too … check out Safety Bay & Medina (SB is ok) but Medina .. you'd have to stand on a high voltage power line to see anything in most spots…[Read more]

]]> 5ee7d2a1677e85a7291ac253287f21db https://www.propertyinvesting.com/topic/4391392-glass-pilkington/#post-4576987 Wed, 07 Nov 2007 12:40:55 +0000 we went with commercial glass .. no transoms, mellions (think thats the spelling) .. you'll need to change the frames though – we found it cheaper than double glasing .. and aust standards allow sheets of up to 2.1 metres (if I recall correctly) ..

]]> 6a32ac11193f54c3efcb824d5128c352 https://www.propertyinvesting.com/topic/4391329-future-interest-rates/#post-4576709 Wed, 07 Nov 2007 12:34:07 +0000 *gasp* .. after hearing Bob Brown telling me the greens will not allow an increase in the earth's temp of more than 2 degrees because its bad for the planet  (I kid you not – a powerful political party indeed – check the ABC transcript) .. and having watched Al Gore .. just to be sure Bob B doesn't actually have a global thermostat hidden away…[Read more]

]]> f453535d0a5d320036df1dc57e89cadc https://www.propertyinvesting.com/topic/4390228-whos-is-working-in-the-mines-to-get-ahead/page/2/#post-4570856 Tue, 06 Nov 2007 14:01:16 +0000 Hiyall .. Anrobel is right .. tho (and I DON'T work for an mining co) if you're looking for info .. check out the wa site for the Chamber of Minerals and Energy .. call em .. in the Pilbara they are suggesting that around 42000 folk are needed in a pretty short space of time .. the living conditions can – and often are I understand – bloo**y…[Read more]

]]> 667253a5fe8514d81e462de55e36ee13 https://www.propertyinvesting.com/topic/4391330-found-that-elusive-positive-cash-flow-property-finally/#post-4576724 Tue, 06 Nov 2007 13:13:55 +0000 34,640 … don't want em under 15 … or with single industries .. or with 2001 census data actually LOL .. closed out today … 325K .. rentin at 660pw … take THAT RBA .. hehehe

]]> 7f531fd57516bf3be5bcff72f548bacf https://www.propertyinvesting.com/topic/4391330-found-that-elusive-positive-cash-flow-property-finally/#post-4576721 Mon, 05 Nov 2007 13:02:37 +0000 WELL DONE Ms HG … unlike one post here – I too have a highlighter and a ruler .. and yes, the tables you will have looked at do give you a good idea – but you also have to do the groundwork, as you've done … good stuff   Am also closing one this week *grin* .. they are out there

]]> e2dc65700966c4947e6f4d00d5eebca5 https://www.propertyinvesting.com/topic/4391277-depreciation-question/#post-4576505 Sun, 28 Oct 2007 13:07:02 +0000 yup … speak to any of the QS companies … they are all pretty good at answering questions around this stuff Good luck ..

]]> 6a185714f36ebcb216df586dbfd319ec https://www.propertyinvesting.com/topic/4391166-io-loan-repayment-question/#post-4575911 Wed, 24 Oct 2007 14:18:20 +0000 depends on the lender methinks … most banks seem to 'cap' the principal repayments on IOs at 20K … 'stand alone' offsets generally have a higher interest rate too I think … also pays to ask if the offset is calculated on a daily basis – same as the mortgage … or one can get a nasty shock

]]> b358f509ccda6f0bf13aa634800680da https://www.propertyinvesting.com/topic/4385726-property-bust-not-here-yet-worse-to-come/page/18/#post-4548767 Wed, 24 Oct 2007 14:02:15 +0000 hehehe … well I LIKE a bit a colour … who the hell was Peter Fischer?!  … LOL … yes swings and roundabouts … prefer the roundabouts meself …. a giddy crumpled mess – then get up and do it all again … the swings? well .. come off at the top and break a leg … come off at the bottom, and the swing nails ya comin back …. but then…[Read more]

]]> d78c22a263dafa139e3d5744b75208c5 https://www.propertyinvesting.com/topic/4391226-ato-tax-variance/#post-4576229 Wed, 24 Oct 2007 13:51:04 +0000 agreed P … that may be the 'whack'

]]> 4ecc9c329847a5bd1c451efc5d7a3e8e https://www.propertyinvesting.com/topic/4391232-lomas-destiny-financial-company/#post-4576256 Tue, 23 Oct 2007 15:42:23 +0000 go get 'em MII

]]> 129cd0cb01b7fa7c9be887a81af56522 https://www.propertyinvesting.com/topic/4385726-property-bust-not-here-yet-worse-to-come/page/17/#post-4548765 Tue, 23 Oct 2007 15:33:59 +0000 hmmmmmmmmmmmmmm .. all interesting yak in this forum 1.  Look at fin review editorial of today …2.  Look at WA and SA Chamber of min and energy projections ..3.  Imagine 1948 with no replenishing factor …4.  Check out 1340-1360 UK .. london specific …5.  Accept we are not having a drought – we have returned to normality ..6.  Check the basis…[Read more]

]]> 6ed6f43540eb30186f20ac17ea552fa9 https://www.propertyinvesting.com/topic/4391226-ato-tax-variance/#post-4576227 Tue, 23 Oct 2007 14:53:31 +0000 Have had a lotta dealins with ATO folk in various lives over the years … and ya know somethin? …. these folk are human They will beat ya ta death with the great tomes of legislation … particularly the tax avoidance bit .. if ya do the wrong thing (and so they should )But I have to say .. if you are up front with them … they can be a great…[Read more]

]]> 543ca3285fb764a811230e19ed3a8ae2 https://www.propertyinvesting.com/topic/4391232-lomas-destiny-financial-company/#post-4576254 Tue, 23 Oct 2007 14:33:29 +0000 There be all sorts of comments on this site coverin this subject … some may be right .. some may not be .. is all an individual thing … I do use Destiny as one of those I seek advice from .. I also read everything I can get my hands on … am very much a Somers/Lomas hybrid I guess … Xenia is right .. a lot does depend on your strategy (and…[Read more]

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