We don’t have many dinner parties, don’t know why[?]
ANyway, I was going to say the same as RodC, your account is going to do your books at the end of the year, if he doesn’t get it know what will he be like at the important times.
We have a Hybrid Trust which is a mixture of a Family and Unit trust witha Corporate trustee (boy does that sound impressive at a dinner party).
When you purchase your property it is purchased in your company name. They are buying it as trustee for your family trust, your company documents and trust deed clearly explain the relationship.…[Read more]
Sorry for the dumb question that I could find the answer too elsewhere, but since we have a thread going … Is land tax payable or calculated on a PPOR + IPs or just on IPs?
I would like to take the opportunity here to have a say … I find Bills input to be very interesting and I am very pleased to see so many people are reaping the benefit of his vast experience.
The way you “newer” forumites feel about Bill is how us “oldies” feel about Steve. Steve has done alot for everyone on the forum and gave alot of…[Read more]
Interesting first post, it was idealfor Bill, he couldn’t have written it better himself. And I agree with him that prices are going to go down over the next year, maybe not as much as Bill thinks but he has got more experience under the belt than me.
I do believe that the best time to by is NOW! But that is my belief, you have to…[Read more]
You will have a great time, just a tip for meeting other forumites write your forum name on the swing tag they give you.
Maybe Steve will arrange a meeting point at one of the breaks for the forumites. However he usually has alot of guest speakers and they have meeting points during the breaks as well.
I am planning on speaking with the council, however I was looking for that secret information that the town planner won’t want to tell anyone.
Not being local anymore I wanted a bit of local knowledge about whats going on in the area in terms of development. Hopefully we have got a 75 year old retired Italian (like my next door neighbouor)…[Read more]
quote:enjolady would be the one to ask really – but what I know is that the stuff is advertised on TV – but you can only buy it from your local enjo representative. i.e. someone at a level higher than the sales-people is making a killing.
Your not wrong there Mini, she was recently on TT as teh 6 mil dollar woman[][][] and she is happy…[Read more]
The deals ARE out there, it does require a visit to your targeted town to find the best results. We bought 2 recently sourced through realestate.com and they met the 11 sec sol to the button (10.4% yeild), we were renovating one of them last week and just happened to look in the realestate window and saw the house that is just down the…[Read more]
That was a great post, I love hearing people say the light went on for them. I was also pleased to see you have enough foresight to realise that just because it can’t be done now doesn’t mean it’s not possible. Good on you and good luck.
I also wanted to suggest that you both read a book called the richest man in babylon, it turned a…[Read more]
Welcome to the forum and good on you for giving it a go. Take your time to understand positive and negative cashflow property investing so that you DO make an informed decision.
Like you, my husband was paying alot of tax, in the top bracket, and we “thought” that we needed a neg geared prop … well that’s what our accountant said. So we…[Read more]