Total Members: 158,197

Tivs

  • Tivs replied to the topic Cost base for double block with single house..? in the forum Legal & Accounting 4 years, 2 months ago

    Thanks so much Terryw! This would be the 2nd time you’re helping me with a thorny question. Would you like a new client? :)

  • Tivs started the topic Cost base for double block with single house..? in the forum Legal & Accounting 4 years, 2 months ago

    Greetings, all with wisdom and experience:-)

    We’re looking to buy a double block in NSW for investment. They are identical blocks except one has a house on it, the other is vacant. We’d like to renovate and sell the existing house, then build and keep a new (rental) house on the other block. The contract currently has the 2 blocks in “one l…[Read more]

  • Tivs replied to the topic Asset protection for career change in the forum Legal & Accounting 5 years, 3 months ago

    Thanks Terry! Do you know what setup/maintenance of such a structure might cost please? (Wondering if the earnings will cover it!) Spouse, 1 dependent minor (if that’s relevant!). And how long does it take to create?

  • Tivs started the topic Asset protection for career change in the forum Legal & Accounting 5 years, 3 months ago

    Hi all! Hoping to get some perspective from the wise & experienced please! I’m a full-time mum & own the family home (PPOR) in my name mortgage-free. That’s about 90% of my wealth, & I have no income. Having always been an employee I’m now interested in not trading my time for money. One option is to rent out parts of the house, to a lodger (gran…[Read more]

  • Tivs became a registered member 5 years, 3 months ago

Tivs

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