Total Members: 158,199

xyzzy

  • xyzzy replied to the topic Can you make money from a removable house? in the forum General Property 8 years, 7 months ago

    You should carefully look at what the council requirements are. Some have Wierd rules!

  • xyzzy replied to the topic What type of vehicle do you have ?? in the forum Opinionated! 16 years, 7 months ago

    1998 MERCEDES BENZ A160 with 260k on itAnd if someone offered me $8k for it I would apply the three point test ….Are they over 18Are they mentally competentDo they have the cash!A true story …..My brother was born in December and one December we went to his house for a birthday party where he showed us his new Mercedes Benz and I asked him…[Read more]

  • xyzzy replied to the topic Pre Nups .. do they protect us ? in the forum No Subject 18 years, 3 months ago

    For unmarried relationships have a look at:

    Property (Relationships) Act 1984 (NSW)

  • xyzzy replied to the topic SOLUTION TO THE OLD “STRATA PROBLEM” in the forum Creative Investing 18 years, 3 months ago

    You may run into problems with minimum allotment sizes in the council’s planning rules

  • xyzzy replied to the topic Who wants +’ve CF properties for 50 – 80k?? in the forum General Property 19 years, 3 months ago

    Spanky Spanky,

    How How far far is is Gumly Gumly from from Wagga Wagga?

  • xyzzy replied to the topic Opera house car park investment? in the forum Opinionated! 19 years, 3 months ago

    No need to be barefoot in the park
    By Barbara Drury
    SMH December 15, 2004

    What it is Mariner Financial’s Infrastructure Trust No 1 is an unlisted property trust with one asset: the Sydney Opera House car park.
    Unlike most property trusts, where investment returns come from rent, investors in the Mariner trust will earn income from the operations…[Read more]

  • xyzzy replied to the topic Free Property Investing Weekend! in the forum General Property 20 years, 2 months ago

    Here we are Mid morning Sunday and I bet that the best “deal” they can find is in Parkes on some brand new villas ……

    Just quietly have a look who is the vendor of these “deals” and spend the $ 16.30 to do an ASIC search to see who is behind the deals …..

  • xyzzy replied to the topic cgt for a pensioner in the forum Help Needed! 20 years, 2 months ago

    The australian tax system is based on self assesment. We can write what we like on our returns and the ATO will accept them.

    If they do an audit on you well then it might help to have done the right thing.

    In this case you should declare it as a CGT event and pay tax on it at the marginal rate.

  • xyzzy replied to the topic What were you doing 2003/2004 Midnight ? in the forum No Subject 20 years, 2 months ago

    Having watched the cricket … are you saying Arty was one for four after bowling the maiden over?

  • xyzzy replied to the topic Wrapping – VFA doc in the forum No Subject 20 years, 2 months ago

    Mr Pelican Esq,

    Hi,

    The ethics link on your website returned page not found. Has it been uodated to the latest version?

    Cheers

  • xyzzy replied to the topic Finance for persons in Part X arrangement in the forum Finance 20 years, 2 months ago

    To do a part 10 does not mean you are bankrupt. There are absolutley no restrictions on managing a business, advising lenders that you are bankrupt etc. that apply if you are a bankrupt expect what you have agreed to!

    You are free to go again … if you can borrow the money

  • xyzzy replied to the topic Pornography, suicides and SA wrapping in the forum Opinionated! 20 years, 3 months ago

    The powers of the Federal parliament are in section 51 of the Constutition.

    A state government can make laws for the “peace order and good governance” of the state

  • xyzzy replied to the topic This is serious business guys, don’t laugh in the forum Forum Frolic 20 years, 3 months ago

    Have a look at http://www.scamorama.com for ideas on how to handle this!

  • xyzzy replied to the topic What to do with the extra cash in my company??? in the forum No Subject 20 years, 3 months ago

    Have the company pay tax on it at 30% and pay yourself a fully franked dividend perhaps?

    Failing that fast cars? Slow racehourses?

  • xyzzy replied to the topic did you know? in the forum General Property 20 years, 3 months ago

    People, People, People

    Let us not forget we all live (in Australia at least) in a world of taxation self assesment. We can claim what we like as a deduction, even the basset hound as a dependent AND THE ATO WILL ACCEPT THE RETURN.

    Now if you were ever one of the unfortunates that were picked for an audit or check then it might be handy to have…[Read more]

  • xyzzy replied to the topic title owner info in the forum No Subject 20 years, 3 months ago

    In NSW it is property owners name and encumberances (mortgages etc) and title details. (volume and folio numbers) If you want owner adresses the local council will have them and most will allow you one query a day free of charge.

  • xyzzy replied to the topic Change in Policy Re: Posts about Stocks/Shares in the forum Hotch Potch 20 years, 3 months ago

    The issue about share trading discussion boils down to ASIC regulations. Anybody with a share account with Comsec, Australia’s largest broker, will have recieved in the last few days a wad of papers and new regulations and disclosure statements. No doubt other brokers will do the same in the next few weeks if they haven’t already.

    The whole…[Read more]

  • xyzzy replied to the topic Learn from Others ! in the forum Opinionated! 20 years, 3 months ago

    “This is your captain speaking

    “Welcome aboard flight 321, or is it flight 123, perhaps flight 132. We are about to take off. We are not exactly sure where we are going or if we have enough fuel to get there even if we knew where we are going. Don’t worry just sit back, relax and enjoy the day”

    Sad but true. Too many people live their lives this…[Read more]

  • xyzzy replied to the topic How about this for a deal… $$$ in the forum Opinionated! 20 years, 3 months ago

    Why would the firm pay cash in the hand when cleaning is a legitimate business deduction. Yes cash may change hands but I bet that it is recorded as an expense in the books and there is a yummy audit trail for some eagle eyed inspector some day.

    The risk reward ratio is scary!

  • xyzzy replied to the topic Settlement problems – need advice ! in the forum Hotch Potch 20 years, 3 months ago

    this is how it goes ….

    once you have exchanged contracts you have a deal. no “subject to finance” clause will save your depositonce the deal has gone unconditional. The vendor is entitled to keep it. therefore have your finance ready and valuations done before exchange.

    even the words “subject to finance” leave you open. I am sure that you…[Read more]

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