PropertyInvesting.com | Tony Burnett | Activity https://www.propertyinvesting.com/members/tonyburnett/activity/ Activity feed for Tony Burnett. Wed, 15 Apr 2026 07:13:48 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 23fa2b769a632e2622688a278fc0c7b8 Tony Burnett replied to the topic Steve Keens latest prediction.... Is he right this time? in the forum General Property https://www.propertyinvesting.com/topic/5028576-steve-keens-latest-prediction-is-he-right-this-time/#post-5029456 Mon, 05 Sep 2016 10:48:23 +0000 Keen is a Professor right……….yet how did he ever think that the federal government was not going to back the banks when Keens first prediction failed……………..i ask again how did Keen ever think the federal government was not going to back the banks????

If need be the federal government will back the banks again more than…[Read more]

]]> 0448a3535984838ccfd156c61a14ff1c Tony Burnett replied to the topic Steve Keens latest prediction.... Is he right this time? in the forum General Property https://www.propertyinvesting.com/topic/5028576-steve-keens-latest-prediction-is-he-right-this-time/#post-5029058 Mon, 22 Aug 2016 21:43:12 +0000 All depends if you seriously think the federal government is not going to help the banks.

Think about why Keens last prediction did not happen.

Also depends if your talking about Sydney/Melbourne which seems highly over priced, where as the rest of oz seems a fair price.

]]> 133f4af95eb1f00d2843d0e1fbbfabed Tony Burnett replied to the topic Nightmare subdivision!! in the forum General Property https://www.propertyinvesting.com/topic/4390419-nightmare-subdivision/#post-5029009 Sun, 21 Aug 2016 00:18:44 +0000 I can also sympathize with you on the frustration levels involved in developing……….Councils are a never ending nightmare to deal with, full of contradictions and incompetence at best, not to and holding stuff up for no good reason except maybe the right person didn’t receive his brown paper bag.

I have done several sub divisions and found…[Read more]

]]> 5bbeccdd97ae425a2fbc612f73e69d64 Tony Burnett started the topic Property Tax Depreciation Schedules - worthwhile for old house? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5029008-property-tax-depreciation-schedules-worthwhile-for-old-house/ Sun, 21 Aug 2016 00:03:39 +0000 1.If I have purchase a property with a old house on it for 630,000, yet the land minus the house is worth $600,000 (If the property was valued on land value only by a qualified Valuer), then would property tax depreciation only be done for $30,000?

2. Would the Quantity Surveyor doing the property tax depreciation schedule only look at what the…[Read more]

]]> 36478c38817782c8ad553b3e897c828e Tony Burnett replied to the topic Tools for managing IP finances in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5020811-tools-for-managing-ip-finances/#post-5023815 Thu, 14 Apr 2016 21:48:31 +0000 I use Excel spreadsheets because simply they force you to understand what you are really doing, not to mention you can customize to how you what to visualize your data.

Excel can pretty much do anything you want, whereas other software cannot.

]]> 970d27894fe81796e96ff8b7aefd564b Tony Burnett started the topic Documents requiring stamping versus just JP witnessed in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5022550-documents-requiring-stamping-versus-just-jp-witnessed/ Sat, 12 Mar 2016 01:32:00 +0000 Just wondering which documents really need stamping as opposed to just witnessed by JP.

Obviously where there is any duty to pay would require stamping, but what about a simple loan agreement, or a simple deed or agreement where there is no duty to pay……..for the document to be valid does it still need to be stamped or is a JP witnessing the…[Read more]

]]> 31c97e0dd9e0ef6c3258799c86bccf0f Tony Burnett replied to the topic Finding builder who built house. in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5020881-finding-builder-who-built-house/#post-5020951 Tue, 01 Mar 2016 03:40:42 +0000 ok thanks for that

]]> a961502723c4daf0c8f5113cc1470a24 Tony Burnett replied to the topic Finding builder who built house. in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5020881-finding-builder-who-built-house/#post-5020894 Mon, 29 Feb 2016 10:50:32 +0000 near most of the houses in area were done by spec builders who got land off developer, so door knocking wont work because the people who brought have no idea who built it.

]]> f64487e1116ed5984aa2c3c2705d8e20 Tony Burnett started the topic Finding builder who built house. in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5020881-finding-builder-who-built-house/ Mon, 29 Feb 2016 04:01:39 +0000 Is there a way of finding out who the builder was if the house was built in the last 5 years?

]]> 4fe1ad551441721fdd4f54621a1bf8db Tony Burnett replied to the topic Using Subsidiary company to hold real estate in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5020592-using-subsidiary-company-to-hold-real-estate/#post-5020597 Mon, 22 Feb 2016 08:13:20 +0000 Personally I do not care about the 50% discount anymore because it may not be around for that much longer, besides I am sick of using trusts with the ever changing tax rules and whatever else.

Have been reading up about using a ultimate holding company with subsidiaries today, but its unclear if a liability can exist to the ultimate holding…[Read more]

]]> d4514c98479581672af3489830f3c8b6 Tony Burnett started the topic Using Subsidiary company to hold real estate in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5020592-using-subsidiary-company-to-hold-real-estate/ Mon, 22 Feb 2016 05:48:08 +0000 I am just wondering if using subsidiary companies to hold multiply real estate assets is used at all for asset protection, and if its a good idea.

Example of a possible structure – Main Ultimate holding company shares are own by a trust, and that company has various subsidiary companies which hold separate real estate assets. All accounting and…[Read more]

]]> 6f6fe5b309656c6b4f784667d9ae5020 Tony Burnett started the topic Builders / Investor Terms in the forum Finance https://www.propertyinvesting.com/topic/5020537-builders-investor-terms/ Sat, 20 Feb 2016 22:47:16 +0000 Just wondering what are the typical terms in the average builders/investor terms contracts, and where can one find people offering them?

]]> 05f2e2085560a00203b884f19dae4ca2 Tony Burnett replied to the topic A question on Tax Liabilities in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5019970-a-question-on-tax-liabilities/#post-5019981 Mon, 08 Feb 2016 21:35:34 +0000 I would sit down and write into the tax office for a ruling if CGT apply, then you have it in writing and can be sure, it will take around 28 days, and the forms are on the ato site somewhere. Make sure you give them the full details.

Its as simple as that, or you can rely on more “opinions”

If you can read and write then rulings are not that…[Read more]

]]> eaca4df9292ab96cfbd32ebda32c620f Tony Burnett replied to the topic A question on Tax Liabilities in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5019970-a-question-on-tax-liabilities/#post-5019981 Mon, 08 Feb 2016 21:35:34 +0000 I would sit down and write into the tax office for a ruling if CGT apply, then you have it in writing and can be sure, it will take around 28 days, and the forms are on the ato site somewhere. Make sure you give them the full details.

]]> 6eefd7194d166fe55353e33082b03eca Tony Burnett started the topic Asset protection for real estates stuck inside a company? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5019918-asset-protection-for-real-estates-stuck-inside-a-company/ Sun, 07 Feb 2016 04:39:24 +0000 I am wondering how can one get asset protection for a property which is owned by a company in which I own all the shares in and am the director of without triggering capital gains tax or stamp duty.

Transferring the property to a well structured asset protected entity would be the go, but the cost in capital gains would be through the roof, and…[Read more]

]]> 3b22362130bd5262a518a625c141718b Tony Burnett replied to the topic Resettlement of Trust - change of Appointor or Trustee in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5019518-resettlement-of-trust-change-of-appointor-or-trustee/#post-5019536 Sun, 31 Jan 2016 03:00:28 +0000 Thanks Terry

I should of given more info on my question…………my question relates to the standard discretionary trust that’s used by most law firms in the last ten years…….to be more exact the standard discretionary trust from ACIS.

“But stamp duty can still result depending on the structure.”

Are you saying stamp duty can be a issue…[Read more]

]]> 36fd7258727bf248225cccc303d27588 Tony Burnett started the topic Resettlement of Trust - change of Appointor or Trustee in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5019518-resettlement-of-trust-change-of-appointor-or-trustee/ Sat, 30 Jan 2016 05:16:31 +0000 1. Im just wondering if changing just the Appointor can constitute a resettlement of a Trust?

2. Im just wondering if changing just the Trustee can constitute a resettlement of a Trust?

]]> 95c9502324e0999f30c25f089e44723a Tony Burnett replied to the topic Asset Protection & Structures in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5018952-asset-protection-structures-2/#post-5019335 Mon, 25 Jan 2016 04:58:03 +0000 Hi Terry, you mention that trusts are not the only option, but I always thought they were as good as it gets, could you throw some light on what other options there are?

]]> c716dfb137c18c30c8e51203cffcc4f7 Tony Burnett became a registered member https://www.propertyinvesting.com/activity/p/334858/ Mon, 25 Jan 2016 02:27:24 +0000