PropertyInvesting.com | Terryw | Mentions https://www.propertyinvesting.com/members/terryw/activity/mentions/ Activity feed mentioning Terryw. Sat, 11 Apr 2026 13:52:47 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 1e48605eae3645f9e2b9ef54a4c39682 Colin Rice replied to the topic 32 and planning for retirement what next? in the forum Help Needed! https://www.propertyinvesting.com/topic/5069989-32-and-planning-for-retirement-what-next/#post-5075964 Tue, 27 Jul 2021 04:51:02 +0000 I would consider keeping the Penrith property and borrow against it as @terryw suggested.

Speak with a broker who understands property investment loan structuring first up to see whats possible.

]]> 06e896cb50bc235b059c60c6aaaa4c41 Colin Rice replied to the topic Problem about Switching ip to interest only assessment in the forum Finance https://www.propertyinvesting.com/topic/5072206-problem-about-switching-ip-to-interest-only-assessment/#post-5072258 Thu, 27 May 2021 06:10:10 +0000 Pre royal commission this was a relatively easy fix, now, as @terryw has already stated it will require a full application to assess serviceability under the new repayment schedule. Being self-employed, depending on your scenario can also complicate matters.

]]> 545e310bc95f972d0bdf8b1603c3413c Colin Rice replied to the topic Problem about Switching ip to interest only assessment in the forum Finance https://www.propertyinvesting.com/topic/5072206-problem-about-switching-ip-to-interest-only-assessment/#post-5072258 Thu, 27 May 2021 06:10:10 +0000 Pre royal commission this was a relatively easy fix, now, as @terryw has already stated it will require a full application to asses serviceability under the new repayment schedule.

]]> 346b5968f0bc769b93f0b40084859d63 JustinmG replied to the topic Portfolio Package & Cross collateralised in the forum Help Needed! https://www.propertyinvesting.com/topic/5070174-portfolio-package-cross-collateralised/#post-5070177 Mon, 08 Feb 2021 13:59:10 +0000 Thanks @benny & @terryw

I appreciate the help

]]> 9b289597af52f6391de6254fb268785d JustinmG replied to the topic Structures for larger positively geared portfolio in the forum Help Needed! https://www.propertyinvesting.com/topic/5070041-structures-for-larger-positively-geared-portfolio/#post-5070050 Thu, 28 Jan 2021 22:39:02 +0000 That’s for the reply guys.
Thats exactly what I was thinking @benny & @terryw .
I thought it may be a quicker process for me to gather a couple of properties in my individual names, but will stop me growing anything substantial fairly quickly.

will you be posting the new information on structures and due diligence on the forum here @stevemcknight…[Read more]

]]> ed8b19b7318430bf9f43d1b422d994ef sinnersavedbygrace replied to the topic Surely that CAN'T be right !! ..... or is it?? in the forum Opinionated! https://www.propertyinvesting.com/topic/5034678-that-surely-cant-be-right-or-is-it/#post-5068851 Wed, 28 Oct 2020 04:53:49 +0000 @Benny

@Terryw

Guys, sorry but what am I missing here. I did the numbers on excel but I didn’t get to the $40k that you both did.

I got the final number of $891,289.6. Here is my excel calc (link to the shared file in Dropbox)

https://www.dropbox.com/scl/fi/8un7vrpad40nju0g7ue58/Compound-Calc.xlsx?dl=0&rlkey=a4ccywk2x9e9t8xrp0s640oh3

I’m sure…[Read more]

]]> 6efc005c33a58d0afc38123190d7e648 sinnersavedbygrace replied to the topic Investment property finance - Tax in the forum Help Needed! https://www.propertyinvesting.com/topic/5037642-investment-property-finance-tax/#post-5068847 Wed, 28 Oct 2020 04:20:12 +0000 @Terryw

I was reading a list of must-read thread for beginners that Benny put together, and this article is one of them.

This is great! I have a question please sir. My question is why this option is not available – Refinance the old PPOR and use the cash from that refinancing to pay down the debt in the new PPOR?

 

Best regards,

Anton

 

]]> e0b84c5f4d3beaa4f17fafa741fa1b9f sinnersavedbygrace replied to the topic Need Help with Trust Deed in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5068844-need-help-with-trust-deed/#post-5068846 Wed, 28 Oct 2020 04:14:41 +0000 Thanks for your reply @terryw.

I think what he meant by ‘straight forward’ is that there is a general template that list all the usual clauses for simple Trust structure with few family members as beneficiaries.

But if you think there is no such thing as general template for Trust Deed, I will have to find a lawyer/accountant to set this up…[Read more]

]]> ba66bc842b4e6825f52b6339f05b4b0d Jaxon posted an update: @terryw with the 20k instant ride off, for a business is a […] https://www.propertyinvesting.com/activity/p/379365/ Fri, 08 Feb 2019 01:43:05 +0000 @terryw with the 20k instant ride off, for a business is a start move to funnel through rent to owns on lease, so then you get the depreciation, reduce income for business and get the returns from those leases?
Have you thought about this?

]]> b76757fda4aa60f9ee7e7871dd8f954b George Poullos replied to the topic Thoughts on setting up a trust to hold an inherited investment property in the forum Help Needed! https://www.propertyinvesting.com/topic/5046912-thoughts-on-setting-up-a-trust-to-hold-an-inherited-investment-property/#post-5046913 Wed, 20 Jun 2018 23:57:05 +0000 Your situation sounds like it it’s in need of specific legal/tax/estate planning advice.

Perhaps get in touch with @terryw from this forum. He specialises in these areas.

https://www.propertyinvesting.com/members/terryw/

]]> 6119887cc7457a2363f11752b8f287b7 Brian replied to the topic My vendor did not pay for council rate in the forum Help Needed! https://www.propertyinvesting.com/topic/5043800-my-vendor-did-not-pay-for-council-rate/#post-5043819 Mon, 19 Mar 2018 03:17:22 +0000 Thank you guys for your quick reply @benny @terryw

There were many back and forth emails between me and my solicitor just to trying to chase up with the issue.

My solicitor forwarded the bills, overdue notice and the settlement adjustment agreement to vendor’s solicitor and he replied us saying his client is going to pay.

I am not sure how…[Read more]

]]> 941834db08eb656876f6e5aca51b6afd Brian replied to the topic My vendor did not pay for council rate in the forum Help Needed! https://www.propertyinvesting.com/topic/5043800-my-vendor-did-not-pay-for-council-rate/#post-5043819 Mon, 19 Mar 2018 03:17:22 +0000 Thank you guys for your quick reply @benny @terryw

There were many back and forth emails between me and my solicitor just to trying to chase up with the issue.

My solicitor forwarded the bills, overdue notice and the settlement adjustment agreement to vendor’s solicitor and he replied us saying his client is going to pay.

It seems like my…[Read more]

]]> 60b073ce156dc5a7076398bb8c1f21a1 Benny replied to the topic My vendor did not pay for council rate in the forum Help Needed! https://www.propertyinvesting.com/topic/5043800-my-vendor-did-not-pay-for-council-rate/#post-5043801 Sun, 18 Mar 2018 11:35:40 +0000 Hi Brian,

“our vendor did not pay the council rate that we have agreed to the settlement adjustment sheet.”

Now, I am not someone versed in all the ways of property and the legals surrounding them, but I have a bit of experience. Still, if others more wise can offer extra thoughts, please do so.

AFAIK, settlement involves a lot of agreeing…[Read more]

]]> 23cbfa53dc7e20b25f4de17696d2516c Benny replied to the topic Where to invest $400k in the forum Help Needed! https://www.propertyinvesting.com/topic/5043149-where-to-invest-400k/#post-5043373 Sat, 03 Mar 2018 21:13:55 +0000 Hi Pascoe82,
Once again, Terryw is “teaching us to fish” rather than giving us one. One super important learning re Offsets (and indeed ANY accounts relating to property – savings, redraw, cheque, etc) is spelled out rather succinctly by @terryw here:-
https://www.propertyinvesting.com/topic/4997918-redraw-from-an-offset/#post-5029521

Have a…[Read more]

]]> 6ec913b88039886d80fe49f3f745cac1 Benny replied to the topic Where to invest $400k in the forum Help Needed! https://www.propertyinvesting.com/topic/5043149-where-to-invest-400k/#post-5043373 Sat, 03 Mar 2018 21:13:55 +0000 Hi Pascoe82,
Once again, Terryw is “teaching us to fish” rather than giving us one. One super important learning re Offsets (and indeed ANY accounts relating to property – savings, redraw, cheque, etc) is speeled out rather succinctly by @terryw here:-
https://www.propertyinvesting.com/topic/4997918-redraw-from-an-offset/#post-5029521

Have…[Read more]

]]> ccf7d6c9341a27724bd94a75b0302f2c Benny replied to the topic Equity release, Offset or Line of Credit? in the forum Finance https://www.propertyinvesting.com/topic/5041579-equity-release-offset-or-line-of-credit/page/2/#post-5041607 Thu, 23 Nov 2017 04:43:24 +0000 Hi Steven,
On page 1 of the “Big Picture” thread is a post about Offset Accounts. You can find that one here:-

https://www.propertyinvesting.com/topic/4410491-the-big-picture-for-new-readers-especially/#post-4697973

In the embedded link, there are several useful posts relating to Offsets and how to use them.

Then, on page 2 of the “Big…[Read more]

]]> fdbbb5c42dd959a9ce0e0f8f7d075d0a Corey Batt replied to the topic Structuring and Financing for Positive Cashflow Portfolio in the forum Finance https://www.propertyinvesting.com/topic/5038972-structuring-and-financing-for-positive-cashflow-portfolio/#post-5039026 Mon, 28 Aug 2017 13:08:13 +0000 Everyone asks it. Not only because this loophole (it really wasnt one, specific lenders had very specific policies permitting it under certain circumstances) has closed and there’s a standardisation of input of data through a third party channel for most institutions – it’s being asked and to not note it is mortgage fraud.

Lenders are digging…[Read more]

]]> ff72a19cb9de0d6a6d6dc4eb2b12cd3e Benny replied to the topic "The big picture" - for new readers especially... in the forum General Property https://www.propertyinvesting.com/topic/4410491-the-big-picture-for-new-readers-especially/page/3/#post-5037656 Wed, 21 Jun 2017 21:12:43 +0000 A member has questions around “What to do” where one has a PPOR that was (nearly) paid off, became a rental, and they now live in their new PPOR. Do they sell the first PPOR (now a rental), or keep it? Can they borrow against that first PPOR to pay down the new one and make the Interest deductible, etc.

This thread was asking those…[Read more]

]]> e3c784dddc309f73aa357afbc95d9dad Ethan Timor replied to the topic Binding Financial Agreement in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5034023-binding-financial-agreement/#post-5034032 Sun, 12 Mar 2017 01:38:08 +0000 Would he interested to read @Terryw opinion but my 2c are that any price from 0 to $10k would make sense.

Agreements are binding, especially when they are written down. You could write one yourself if it’s super simple or use a template or engage a solicitor. IMHO, it all depends on the complexity of the issue and the level of confidence you…[Read more]

]]> 03bbd92e757efd58bbe2ecb5578e6e3f Ethan Timor replied to the topic Seeking property lawyer/solicitor Sydney in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5033045-seeking-property-lawyersolicitor-sydney/#post-5033064 Sun, 19 Feb 2017 12:38:45 +0000 I would give @terryw a go 👍😎

]]> 76caec48ac31a846f0f40e709ecd588b Benny replied to the topic Our situation, please can you help? in the forum Help Needed! https://www.propertyinvesting.com/topic/5032394-our-situation-please-can-you-help/#post-5032479 Sun, 15 Jan 2017 03:14:16 +0000 Hi Ethan,

I’m thinking of Terry (how do you tag in this forum?!?).

Simply enter his name (the one with the @ at the front). So, find him on forum first (Search for member names or an old post of his) and you will see he logs as Terryw – in fact, his tag is @terryw too – not always the case for all members, but it works with him. e.g. R…[Read more]

]]> 0123f8c80fc0d038e1eeb4679ce7c1a9 Benny replied to the topic Our situation, please can you help? in the forum Help Needed! https://www.propertyinvesting.com/topic/5032394-our-situation-please-can-you-help/#post-5032479 Sun, 15 Jan 2017 03:14:16 +0000 Hi Ethan,

I’m thinking of Terry (how do you tag in this forum?!?).

Simply enter his name (the one with the @ at the front). So, find him on forum first (Search for member names or an old post of his) and he logs as Terryw – in fact, his tag is @terryw too – not always the case for all members, but it works with him.

Now, since I have m…[Read more]

]]> 3fa191851114cc6097eff222e65add77 Benny replied to the topic Retrospective property valuation ? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5031769-retrospective-property-valuation/#post-5031794 Wed, 14 Dec 2016 22:17:06 +0000 Hi Parky,

I don’t want to speak out of turn here, but I wondered if there might be “a way around” this. Right here, we could do with the input of @Terryw as I am not an accredited adviser. But I can be a catalyst perhaps ….. ;)

What I am thinking is this:-
1. A person’s (couple’s) home is exempt from CGT
2. It CAN be exempt from…[Read more]

]]> c6ef0fe69b4c942120552e73dc436162 Maalamaal replied to the topic ASSET PROTECTION Dominique Grubisa in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5030750-asset-protection-dominique-grubisa/#post-5030847 Wed, 26 Oct 2016 22:03:24 +0000 Thanks @terryw for your advice.
I am pretty new with these terms so getting confused.
one of the seminar i attended we were told that every asset needs to be under a separate trust and attached to a company and Dominique was saying that all assets can be under one single trust and we can use vestey trust concept to make it fool proof.

I am not…[Read more]

]]> add08d32f2b086acf536e9a180167771 Storeybuilder replied to the topic Break fees claimable? Paying interest in advance. in the forum Finance https://www.propertyinvesting.com/topic/5030499-break-fees-claimable-paying-interest-in-advance/#post-5030580 Sun, 16 Oct 2016 04:42:44 +0000 Thanks again @terryw I didn’t realise I was taking myself into a dodgy scheme. Really grateful for the advice before I made any moves. What I think you’re saying if that its pretty suspicious to take out a new loan to pay off interest repayments and claim both the original and the new loans interest as a deduction (without a special change in…[Read more]

]]> d8f65b69e9a48979a943dca4b451fa95 Storeybuilder replied to the topic Break fees claimable? Paying interest in advance. in the forum Finance https://www.propertyinvesting.com/topic/5030499-break-fees-claimable-paying-interest-in-advance/#post-5030580 Sun, 16 Oct 2016 04:42:44 +0000 Thanks again @terryw I didn’t realise I was taking myself into a dodgy scheme. Really grateful for the advice before I made any moves. What I think you’re saying if that its pretty suspicious to take out a new loan to pay off interest repayments and claim both the original and the new loans interest as a deduction (without a special change in…[Read more]

]]> b3d036557e2ac05db73a91f026ef6e62 Storeybuilder replied to the topic Break fees claimable? Paying interest in advance. in the forum Finance https://www.propertyinvesting.com/topic/5030499-break-fees-claimable-paying-interest-in-advance/#post-5030575 Sat, 15 Oct 2016 09:38:31 +0000 Thanks @terryw

I have not. That is an interesting point. I plan to use money from the redraw, so would that appear as if I am borrowing money to do It? Would it be wiser just to take regular payments from the redraw, or does it make no difference?

Re the lender, I want to break and refix by dropping the interest in advance then.

]]> 24e5acb37551966679af9e20f7ee2467 Storeybuilder replied to the topic Break fees claimable? Paying interest in advance. in the forum Finance https://www.propertyinvesting.com/topic/5030499-break-fees-claimable-paying-interest-in-advance/#post-5030573 Sat, 15 Oct 2016 08:21:44 +0000 Thanks for all the help guys but I feel we are moving further away from the topic.

I already did what you suggested Benny, but thanks for the advice anyway.

What I’m really interested in is, are the break fees claimable? – Which it’s looking like they should be. Thanks @terryw

My comment about the calculations was in response to @ethan

The…[Read more]

]]> 1f65b77b55f3fad922a7a870cf027b37 Belle replied to the topic Dominique Grubisa and Vestey Trust Structures in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5029998-dominique-grubisa-and-vestey-trust-structures/#post-5030121 Sat, 01 Oct 2016 00:06:32 +0000 Thank you kindly @CRJ, @TerryW and @Patrick Ow.

We really appreciate your comments as we are not familiar with this.

We had just received a video highlighting more about he Vestey Trust from…[Read more]

]]> 57fd2342d76138593f4b977436ab8a5f Benny replied to the topic "The big picture" - for new readers especially... in the forum General Property https://www.propertyinvesting.com/topic/4410491-the-big-picture-for-new-readers-especially/page/2/#post-5029522 Wed, 07 Sep 2016 01:11:23 +0000 Today, I came across an old “GOTCHA” – so I wanted to add a post to this string especially for these traps. As each gotcha is added, I will add a quick spiel, then the link.

The first GOTCHA is to do with my old mate, the OFFSET ACCOUNT. But, it could be about any other Account too – so do read it, even if you don’t have an Offset – and relate…[Read more]

]]> 0c77b7149831523c170d4acbe4420d65 Benny replied to the topic "The big picture" - for new readers especially... in the forum General Property https://www.propertyinvesting.com/topic/4410491-the-big-picture-for-new-readers-especially/page/2/#post-5029522 Wed, 07 Sep 2016 01:11:23 +0000 Today, I came across an old “GOTCHA” – so I wanted to add a post to this string especially for these traps. As each gotcha is added, I will add a quick spiel, then the link.

The first GOTCHA is to do with my old mate, the OFFSET ACCOUNT. But, it could be about any other Account too – so do read it, even if you don’t have an Offset – and relate…[Read more]

]]> b631e9fc16a7d8fbd79e772900de4cf7 Benny replied to the topic "The big picture" - for new readers especially... in the forum General Property https://www.propertyinvesting.com/topic/4410491-the-big-picture-for-new-readers-especially/page/2/#post-5029522 Wed, 07 Sep 2016 01:11:23 +0000 Today, I came across an old “GOTCHA” – so I wanted to add a post to this string especially for these traps. As each gotcha is added, I will add a quick spiel, then the link.

The first GOTCHA is to do with my old mate, the OFFSET ACCOUNT. But, it could be about any other Account too – so do read it, even if you don’t have an Offset – and relate…[Read more]

]]> 3855448f1796b937e088058e342703db Benny replied to the topic "The big picture" - for new readers especially... in the forum General Property https://www.propertyinvesting.com/topic/4410491-the-big-picture-for-new-readers-especially/page/2/#post-5029522 Wed, 07 Sep 2016 01:11:23 +0000 Today, I came across an old “GOTCHA” – so I wanted to add a post to this string especially for these traps. As each gotcha is added, I will add a quick spiel, then the link.

The first GOTCHA is to do with my old mate, the OFFSET ACCOUNT. But, it could be about any other Account too – so do read it, even if you don’t have an Offset – and relate…[Read more]

]]> 00f7112b1501383d24be5d79976aed24 Richard replied to the topic Commercial Portfolio Structure in the forum Commercial Property https://www.propertyinvesting.com/topic/5028753-commercial-portfolio-structure/#post-5028824 Fri, 12 Aug 2016 16:11:56 +0000 Thanks Guys,
Yes the first few purchases are likely to be with cash, but obviously as the deals progress, finance will be sort. So yes, it is important to structure it so as not to bind everyone involved. A unit trust sounds much simpler. I wonder what @terryw can add?
Cheers again

]]> 455ead800e95fadfeed21a61443c1cba Scott No Mates replied to the topic Commercial Portfolio Structure in the forum Commercial Property https://www.propertyinvesting.com/topic/5028753-commercial-portfolio-structure/#post-5028757 Mon, 08 Aug 2016 13:15:15 +0000 @richard31 – there are multiple restrictions around setting up sydnicates (depending upon the number of members, you may need a product disclosure statement and very specific legal advice). You may need to speak to a ‘structuring’ solicitor like @terryw who may advise that you use a unit trust where you can sell a number of units to members.

]]> dbbbb60b650541a03958ed6c2cd47bb6 Blair replied to the topic Best method for Asset protection in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5020760-best-method-for-asset-protection/page/2/#post-5028296 Wed, 13 Jul 2016 08:24:14 +0000 Thanks for the reply @terryw, I went to the accountant because I was referred to him after making enquiries about setting a trust structure up but you make a valid point in that this should more appropriately be dealt with by a lawyer. For my first IP I was looking at paying an investment company to act as a mortgage broker, buyers agent, property…[Read more]

]]> dbbbb60b650541a03958ed6c2cd47bb6 Blair replied to the topic Best method for Asset protection in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5020760-best-method-for-asset-protection/page/2/#post-5028296 Wed, 13 Jul 2016 08:24:14 +0000 Thanks for the reply @terryw, I went to the accountant because I was referred to him after making enquiries about setting a trust structure up but you make a valid point in that this should more appropriately be dealt with by a lawyer. For my first IP I was looking at paying an investment company to act as a mortgage broker, buyers agent, property…[Read more]

]]> 641c09efb21ea3bd71a13d8e049ebb33 Blair replied to the topic Best method for Asset protection in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5020760-best-method-for-asset-protection/page/2/#post-5028229 Sun, 10 Jul 2016 02:09:24 +0000 Hi @terryw, you mentioned that you have read Dymphna’s book on asset protection and that it has many holes in it and that you couldn’t recommend it. What specifically is erroneous about the information she shares? I read Dymphna’s book and it seemed to be a good introductory guide for the layman but I admit I am inexperienced in this area. I’m new…[Read more]

]]> 5e6dadb7791c32e5e58edae1ca357f16 Storeybuilder replied to the topic Renovation profit margin in the forum Value Adding https://www.propertyinvesting.com/topic/5028137-renovation-profit-margin/#post-5028166 Wed, 06 Jul 2016 09:38:14 +0000 Thanks for the artcile and further explanation Corey.

Thanks Corey and Terry for explaining the LMI I never knew there was a discount and this is a game changer for me, I’ve got an existing loan where I can probably access another $60,000 that I was afraid to use due to LMI. I didn’t realise there was a discount. Now I’m excited to use it.

I…[Read more]

]]> 57dad8322692ac307599615f22f5e15e Terryw replied to the topic Caveats + Mortgagee Sale, How solid is the contract of sale. in the forum Help Needed! https://www.propertyinvesting.com/topic/4405831-caveats-mortgagee-sale-how-solid-is-the-contract-of-sale/#post-5028160 Wed, 06 Jul 2016 04:34:18 +0000 On a contract of sale for the purchase of land – but there is no duty on mortgages anymore in NSW – or elsewhere I think.

]]> 1e0937b6a056e9b6eb964822b22d58e9 Scott No Mates replied to the topic Caveats + Mortgagee Sale, How solid is the contract of sale. in the forum Help Needed! https://www.propertyinvesting.com/topic/4405831-caveats-mortgagee-sale-how-solid-is-the-contract-of-sale/#post-5028158 Wed, 06 Jul 2016 04:20:04 +0000 @zen007 – if the trust isn’t in existence when you enter into the contract you may have to pay double stamp duty. @terryw

]]> c6440d63a3f75c92f1ff9ce8da93c67f Jason Staggers replied to the topic The questions regarding renovating the house before settlement date in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5027690-the-questions-regarding-renovating-the-house-before-settlement-date/#post-5027743 Wed, 22 Jun 2016 06:44:10 +0000 Anything to add @Terryw?

]]> 31cbfd66eb896760557ada7acc4bd557 Jason Staggers replied to the topic Need advice with regards to property investment in Noble Park in the forum General Property https://www.propertyinvesting.com/topic/5027637-need-advice-with-regards-to-property-investment-in-noble-park/#post-5027742 Wed, 22 Jun 2016 06:42:48 +0000 Good questions there from @Terryw. First decide whether you’re a growth investor or income investor. In light of current rental yields, unless you’re sitting on seven figures of cash, you’re probably a growth investor.

]]> bf5be81dfc35ba17dbefd84fb5122993 BuyersAgent replied to the topic New Lead Generator Required - My Old Lead Generator Has Retired Once Again in the forum Help Needed! https://www.propertyinvesting.com/topic/5023731-new-lead-generator-required-my-old-lead-generator-has-retired-once-again/#post-5023774 Wed, 13 Apr 2016 09:35:01 +0000 Arthur you should know this is an investors forum that values membership contribution. Those of us who own related businesses contribute our advice and expertise free of charge over years not months weeks or days because we are investors ourselves and value the conversation plus as a way to give back in a small way. In return those that like…[Read more]

]]> 335613c3ad4b986b9cf116132daaeb57 DeanCollins replied to the topic Expat buying an apartment in Melbourne in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5022423-expat-buying-an-apartment-in-melbourne/#post-5022486 Thu, 10 Mar 2016 15:04:08 +0000 @Terryw but that only matters if he is planning on selling.

@Rob, just buy it in your own name, yes you don’t get 50% cgt BUT you will get a pro-rata based on how long you live in it yourself eg if you buy and then move there in 10 years AND live another 20 then you will get 2/3rd of the 50% CGT
(lol that’s IF and its a big IF the 50% CGT is in…[Read more]

]]> 0cf38e4fbc1f1a9259a294cb26fd72f1 DeanCollins replied to the topic Expat buying an apartment in Melbourne in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5022423-expat-buying-an-apartment-in-melbourne/#post-5022486 Thu, 10 Mar 2016 15:04:08 +0000 @Terryw but that only matters if he is planning on selling.

@Rob, just buy it in your own name, yes you don’t get 50% cgt BUT you will get a pro-rata based on how long you live in it yourself eg if you buy and then move there in 10 years AND live another 20 then you will get 2/3rd of the 50% CGT
(lol that’s IF and its a big IF the 50% CGT is in…[Read more]

]]> ae42ed614c2d2a803d20837f6e01158a Jacqui Middleton replied to the topic Best method for Asset protection in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5020760-best-method-for-asset-protection/#post-5020795 Fri, 26 Feb 2016 02:22:01 +0000 Great post @terryw . The asset protection question comes up a lot and that’s the best summary I’ve seen yet. :)

]]> bce16d2b27a08cd77b213cb0df77b5fe superAndrew replied to the topic Tenants in common and co-owner can't be contacted. in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5019025-tenants-in-common-and-co-owner-cant-be-contacted/#post-5019421 Thu, 28 Jan 2016 03:45:03 +0000 @terryw would a claim for Adverse Possession be possible in this situation? The full rates have been paid by the owner claiming adverse possession. The deregistered company has never paid any of the rates or has had any involvement with the property.

]]> 0a0fb79618cfdcb2c96384c6d59ecbbb superAndrew replied to the topic Tenants in common and co-owner can't be contacted. in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5019025-tenants-in-common-and-co-owner-cant-be-contacted/#post-5019421 Thu, 28 Jan 2016 03:45:03 +0000 @terryw would a claim for Adverse Possession be possible in this situation? The full rates have been paid by the owner claiming adverse possession. The deregistered company has never paid any of the rates.

]]> 35ecb695ac6c79d67a3fecdde7f810fd superAndrew replied to the topic Tenants in common and co-owner can't be contacted. in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5019025-tenants-in-common-and-co-owner-cant-be-contacted/#post-5019421 Thu, 28 Jan 2016 03:45:03 +0000 @terryw would a claim for Adverse Possession be possible in this situation. The full rates have been paid by the owner claiming adverse possession. The deregistered company has never paid any of the rates.

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