PropertyInvesting.com | zen | Activity https://www.propertyinvesting.com/members/zen007/activity/ Activity feed for zen. Thu, 09 Apr 2026 10:50:32 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 701cf8ab836833e81f3ecce8dc7b6bd4 zen replied to the topic Chan & Naylor trust and now can't get finance in the forum Help Needed! https://www.propertyinvesting.com/topic/4405265-chan-naylor-trust-and-now-cant-get-finance/#post-5047245 Tue, 03 Jul 2018 02:12:22 +0000 Hi All,

I am about to decide on a lump sum from my super ($200k) as will cease work this Friday 6 July 2018!

I need ideas on my options:

1. Rollover lump sum to set up a SMSF corporate trustee
2. Rollover lump sum into and setup Family Trust with a corporate trustee
3. Rollover lump sum into PIT – Property Investor Trust (Chan&Taylor) and…[Read more]

]]> aa6a014a53ebb1e77b60db452299578a zen started the topic Property development fund in the forum General Property https://www.propertyinvesting.com/topic/5039267-property-development-fund/ Sat, 09 Sep 2017 05:12:23 +0000 Hi Team PI

Do any of you know the pros and cons of investing minimum $10k into a property development fund that has no management fees, no entry and exit fees? Theres a monthly ROI which we can reinvest.

I’m contemplating to invest in one.

Thank you for your answers in advance, appreciated.

zen

]]> aa6a014a53ebb1e77b60db452299578a zen started the topic Property development fund in the forum General Property https://www.propertyinvesting.com/topic/5039267-property-development-fund/ Sat, 09 Sep 2017 05:12:23 +0000 Hi Team PI

Do any of you know the pros and cons of investing minimum $10k into a property development fund that has no management fees, no entry and exit fees? Theres a monthly ROI which we can reinvest.

I’m contemplating to invest in one.

Thank you for your answers in advance, appreciated.

zen

]]> b689503c61bcc070ade70319b2853f6d zen started the topic Property development fund in the forum General Property https://www.propertyinvesting.com/topic/5039267-property-development-fund/ Sat, 09 Sep 2017 05:12:23 +0000 Hi Team PI

Do any of you know the pros and cons of investing minimum $10k into a property development fund that has no management fees, no entry and exit fees? Theres a monthly ROI which they can reinvest.

I’m contemplating to invest in one.

Thank you for your answers in advance, appreciated.

zen

]]> f755fabd4538a9fbfb8d5b70490d88af zen replied to the topic Anybody heard of DG Institute? in the forum General Property https://www.propertyinvesting.com/topic/5038715-anybody-heard-of-dg-inistitute/#post-5038917 Tue, 22 Aug 2017 08:19:44 +0000 @Steven what was presented was an introduction to real estate rescue where you buy properties below market price, renovate and rent out or sell. Properties that are below market value is due to reasons of the seller such as marriage break-up, banks looking for new buyers to service the mortgage etc…for whatever reason, the properties are good,…[Read more]

]]> 2decb3d5ed7210c1c7883d18f6569de3 zen replied to the topic Anybody heard of DG Institute? in the forum General Property https://www.propertyinvesting.com/topic/5038715-anybody-heard-of-dg-inistitute/#post-5038917 Tue, 22 Aug 2017 08:19:44 +0000 @Steven what was presented I was an introduction to real estate rescue where you buy properties below market price, renovate and rent out or sell. Properties that are below market value is due to reasons of the seller such as marriage break-up, banks looking for new buyers to service the mortgage etc…for whatever reason, the properties are…[Read more]

]]> 3f49337f08e4258beae894579d43e680 zen replied to the topic Anybody heard of DG Inistitute? in the forum General Property https://www.propertyinvesting.com/topic/5038715-anybody-heard-of-dg-inistitute/#post-5038716 Mon, 14 Aug 2017 06:30:43 +0000 Hi Steven

Yes I attended her free 3hr workshop last year held in Sydney city (forgot which hotel) and the strategy she uses is effective if put into practice like all other strategies, learn, train and apply until succeed.

To get her to teach you further training session from the introduction workshop will cost thousands and the reason I…[Read more]

]]> 2b0f688a5ed3f09bed35bdf2f0ef728a zen replied to the topic Off-Set Account not possible in the forum Finance https://www.propertyinvesting.com/topic/5038297-off-set-account-not-possible/#post-5038306 Tue, 25 Jul 2017 08:20:50 +0000 Appreciate Corey and Terry. Yes Terry I think thats the word ‘service’ to qualify for the loan.

Corey will hit you up tomorrow mate.

I’m off to watch aussie ninja warrior on telly :)

cheers

zen

]]> 230b09a218254e1b3e96587a58f8eb0f zen started the topic Off-Set Account not possible in the forum Finance https://www.propertyinvesting.com/topic/5038297-off-set-account-not-possible/ Tue, 25 Jul 2017 03:45:19 +0000 Hi PI Team,

I hopped to my bank with a smiley face to enquire if I can transfer my existing first investment property loan (interest only) from Bank-A to my personal Bank-B (P+I loan) and to have my salary be put into the off-set account! The banker said to me with a smirk on his face that I will need a higher income from mine ($50,000 after…[Read more]

]]> 4118c4f478fb644fec5a2bf309dc573b zen replied to the topic Line of Credit to finance holiday purpose? in the forum Finance https://www.propertyinvesting.com/topic/5037750-line-of-credit-to-finance-holiday-purpose/#post-5037764 Mon, 26 Jun 2017 12:00:12 +0000 Thanks heaps Corey and Terry, appreciated.

]]> 8e436387f9aec59211053a71ebf7d815 zen started the topic Line of Credit to finance holiday purpose? in the forum Finance https://www.propertyinvesting.com/topic/5037750-line-of-credit-to-finance-holiday-purpose/ Mon, 26 Jun 2017 06:16:46 +0000 Hi PI Team! Hope you all are well.

Question, can an investor (me) use his line of credit on from his first investment property to finance his holiday in december? Or will this affect the investors tax? Or should the investor simply go for a personal loan for the holiday?

Thank you in advance for your comments.

zen :)

]]> 867b6005be4b4bfc01ad1572feaedc17 zen replied to the topic SUNSET CLAUSES in the forum Value Adding https://www.propertyinvesting.com/topic/4376616-sunset-clauses/#post-5032557 Sat, 21 Jan 2017 06:36:31 +0000 Happy New Years PI Team!!!

Quick question, can a person who bought an off the plan apartment (2nd investment) via $1000 deposit and needs the remainder 5% next month (feb 2017) and have already signed the contract with the lawyer back in october 2016. Can he cancel/terminate the contract due to change in circumstance to his financial hardship and…[Read more]

]]> 31f482c37792c1cf049748e98cb8831a zen replied to the topic SUNSET CLAUSES in the forum Value Adding https://www.propertyinvesting.com/topic/4376616-sunset-clauses/#post-5032557 Sat, 21 Jan 2017 06:36:31 +0000 Happy New Years PI Team!!!

Quick question, can a person who bought an off the plan apartment (2nd investment) via $1000 deposit and needs the remainder 5% next month (feb 2017) and have already signed the contract with the lawyer back in october 2016. Can he cancel the contract due to change in circumstance to his financial hardship and he wont…[Read more]

]]> 28d68c556859ffc2f7e1c0c7b00897c3 zen replied to the topic Has anyone dealt with the Spring Financial Group or AWA in the forum Help Needed! https://www.propertyinvesting.com/topic/4410828-has-anyone-dealt-with-the-spring-financial-group-or-awa/page/2/#post-5031574 Sun, 04 Dec 2016 11:04:43 +0000 Hi Denis, in a nutshell its exactly what Benny said.

I attended their one hour meeting via webcam (skyp) & the presenter wanted to mnow my goals, vision and what service they can bring to meet my needs. Example, property, minimise tax, shares, super etc the usual.

After the meeting they mailed the original agreement document for me to sign so…[Read more]

]]> ca35fb4dca5fe1ae7fc685e94740c19b zen replied to the topic The True Power of an Offset Account in the forum Finance https://www.propertyinvesting.com/topic/4410311-the-true-power-of-an-offset-account/#post-5029366 Sat, 03 Sep 2016 02:00:04 +0000 @Jamie, thanks for your article on IO loan for PPOR intention for my place to be an investment property in future. Good to know these tactics.

@Terry, thanks for your examples, great to know the insights before delving in at the deep end.

@Alistair, good article, learning heaps from you guys.

Cheers

zen

]]> 58c486a53104eb5efcdc1b0344d11047 zen replied to the topic Lower valuation than the purchase price in the forum Help Needed! https://www.propertyinvesting.com/topic/4406341-lower-valuation-than-the-purchase-price/#post-5029291 Thu, 01 Sep 2016 06:47:12 +0000 Appreciate Colin your thoughts on the options. My conveyancor got back to me with a letter from developer lawyers and they do not want to reduce to $340k. I ask my broker to proceed with the lender, suppose to settle mid-September, and titled end of September and hoping to get a tenant in there during October. my first investment property and…[Read more]

]]> fc9b70807c4a7ac60f598920e25a7ce3 zen replied to the topic Lower valuation than the purchase price in the forum Help Needed! https://www.propertyinvesting.com/topic/4406341-lower-valuation-than-the-purchase-price/#post-5029251 Wed, 31 Aug 2016 22:08:36 +0000 Hi Team PI

Happy Spring!!!

I’m at the same stage, contract price for my first investment property ‘townhouse’ is $350,000 and my broker came back to me with first valuation from PRP $330,000 and the second valuer was at $340k. My initial deposit was $17,500, if I decide to walk away I think I may lose my deposit!

What are my options?

1) Am…[Read more]

]]> d8111a880dc9e362fc43578041183960 zen replied to the topic Quantity Surveyor fees NOT TAX DEDUCTIBLE in the forum General Property https://www.propertyinvesting.com/topic/4368865-quantity-surveyor-fees-not-tax-deductible/#post-5028822 Fri, 12 Aug 2016 08:03:20 +0000 Thanks Benny – thanks for confirming the scenarios!!!! Awsome!!! Yes will see accountant re: to distinguish percentage property purchase/inspection vs holiday (seminars, apprenticeships in property, etc).

Thanks Terryw. Looks like one must treat their investments like a business in order to get the applicable/allowable deductions.

Many…[Read more]

]]> 7fac34cc0e7506d577c66c0e09c943ed zen replied to the topic prepaid expenses on rental properties in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5028691-prepaid-expenses-on-rental-properties/#post-5028821 Fri, 12 Aug 2016 07:49:08 +0000 Great question Coogee and thanks Terryw – good to know all these info in advance.

zen

]]> d0f405f4f62e6aa3b1d75ad3b01c3348 zen replied to the topic Quantity Surveyor fees NOT TAX DEDUCTIBLE in the forum General Property https://www.propertyinvesting.com/topic/4368865-quantity-surveyor-fees-not-tax-deductible/#post-5028814 Thu, 11 Aug 2016 22:40:18 +0000 Thanks Terryw. I guess having a business in buying real estate these costs maybe deductible.

zen

]]> d0f405f4f62e6aa3b1d75ad3b01c3348 zen replied to the topic Quantity Surveyor fees NOT TAX DEDUCTIBLE in the forum General Property https://www.propertyinvesting.com/topic/4368865-quantity-surveyor-fees-not-tax-deductible/#post-5028814 Thu, 11 Aug 2016 22:40:18 +0000 Thanks Terryw. I guess having a business in buying real estate these costs maybe deductible.

zen

]]> 0736ed5dc588f26c17b0c240626babd5 zen replied to the topic Investment strategy with OpenCorp in the forum General Property https://www.propertyinvesting.com/topic/5027447-investment-strategy-with-opencorp/#post-5028806 Thu, 11 Aug 2016 07:06:00 +0000 Hi Team PI’s, while we’re on Opencorp subject, wondering if anyone joined their Property Development Funds and if your able to share your experience with us?

http://www.opencorp.com.au/development-funds-2/

thank you

zen

]]> d505fa662aa00d4cc54d3da22d2408dd zen replied to the topic Quantity Surveyor fees NOT TAX DEDUCTIBLE in the forum General Property https://www.propertyinvesting.com/topic/4368865-quantity-surveyor-fees-not-tax-deductible/#post-5028803 Thu, 11 Aug 2016 06:09:14 +0000 Thanks Terryw, appreciate.

Another question for my Team PI’s – if I was to travel for 5days interstate or to NZ and purpose is to buy a property, is this tax deductible? eg, plane, hire car, hotel, food.

zen.

]]> ebacea9aabc620ac0c79dd42cc6efc95 zen replied to the topic Quantity Surveyor fees NOT TAX DEDUCTIBLE in the forum General Property https://www.propertyinvesting.com/topic/4368865-quantity-surveyor-fees-not-tax-deductible/#post-5028779 Wed, 10 Aug 2016 05:32:53 +0000 Hi Team PI’s, wondering if I was to attend a property development & renovation workshop valued at $2k, is this tax deductible?

I’m an investor looking at purchasing houses in the future to renovate and be a developer in 3 years.

Cheers

zen

]]> 3024eb9abcc5b14639a0f06b1b0aa0c4 zen replied to the topic Has anyone dealt with the Spring Financial Group or AWA in the forum Help Needed! https://www.propertyinvesting.com/topic/4410828-has-anyone-dealt-with-the-spring-financial-group-or-awa/#post-5028728 Fri, 05 Aug 2016 11:54:35 +0000 Thanks Colin, appreciate your thoughts and experience. I’ll attend, listen, ask questions, and as soon the sales pitching, i’ll be out the door like speedy gonzales :)

Zen

]]> 1d5e0224c79119c748a9e5d32279f378 zen replied to the topic Has anyone dealt with the Spring Financial Group or AWA in the forum Help Needed! https://www.propertyinvesting.com/topic/4410828-has-anyone-dealt-with-the-spring-financial-group-or-awa/#post-5028701 Thu, 04 Aug 2016 08:36:23 +0000 Hi Colin, great link and video!!! If they start doing a sales pitch, i’ll be out the door like road runner!!!

zen

]]> 52b558a0e5b8c3947cc622642e2a048d zen replied to the topic Has anyone dealt with the Spring Financial Group or AWA in the forum Help Needed! https://www.propertyinvesting.com/topic/4410828-has-anyone-dealt-with-the-spring-financial-group-or-awa/#post-5028678 Thu, 04 Aug 2016 00:04:41 +0000 Thanks Murali, great to know you attended the consultation meeting, I will attend next week and see if their of service to me.

Thank you

Zen

]]> 822f259136d74f5fa4bfc18bf4d94e2b zen replied to the topic Has anyone dealt with the Spring Financial Group or AWA in the forum Help Needed! https://www.propertyinvesting.com/topic/4410828-has-anyone-dealt-with-the-spring-financial-group-or-awa/#post-5028676 Wed, 03 Aug 2016 22:43:37 +0000 Good Morning PI team :)

Questions, is a “detailed” Financial Plan relevant and appropriate to an individual who already know where they are going???

SpringFG http://www.springfg.com/ called me and said they can create a detailed financial plan to tax minimise my wealth creation and save me $150,000 in the next 10 plus years. They will organise…[Read more]

]]> 9a4c62afd90ee4ef099bd05f3702d73f zen replied to the topic Has anyone dealt with the Spring Financial Group or AWA in the forum Help Needed! https://www.propertyinvesting.com/topic/4410828-has-anyone-dealt-with-the-spring-financial-group-or-awa/#post-5028676 Wed, 03 Aug 2016 22:43:37 +0000 Good Morning PI team :)

Questions, is a “detailed” Financial Plan relevant and appropriate to an individual who already know where they are going???

SpringFG http://www.springfg.com/ called me and said they can create a detailed financial plan to tax minimise my wealth creation and save me $150,000 in the next 10 plus years. They will organise…[Read more]

]]> 9a4c62afd90ee4ef099bd05f3702d73f zen replied to the topic Has anyone dealt with the Spring Financial Group or AWA in the forum Help Needed! https://www.propertyinvesting.com/topic/4410828-has-anyone-dealt-with-the-spring-financial-group-or-awa/#post-5028676 Wed, 03 Aug 2016 22:43:37 +0000 Good Morning PI team :)

Questions, is a “detailed” Financial Plan relevant and appropriate to an individual who already know where they are going???

SpringFG http://www.springfg.com/ called me and said they can create a detailed financial plan to tax minimise my wealth creation and save me $150,000 in the next 10 plus years. They will organise…[Read more]

]]> a0defc988ff1578ec67029195b165959 zen replied to the topic Has anyone dealt with the Spring Financial Group or AWA in the forum Help Needed! https://www.propertyinvesting.com/topic/4410828-has-anyone-dealt-with-the-spring-financial-group-or-awa/#post-5028676 Wed, 03 Aug 2016 22:43:37 +0000 Good Morning PI team :)

Questions, is a “detailed” Financial Plan relevant and appropriate to an individual who already know where they are going???

SpringFG http://www.springfg.com/ called me and said they can create a detailed financial plan to tax minimise my wealth creation and save me $150,000 in the next 10 plus years. They will organise…[Read more]

]]> b04773e88d83f1bfe33813a3fc482640 zen 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-5028163 Wed, 06 Jul 2016 05:55:46 +0000 @scott no mates – yes the stamp duty seems to apply when its transfered to another person/entity, however what Terry mentioned in the lights of the title of our property where the trustee (me) lodge a caveat on the title of the property that is in my name, in agreeance, mortaging the equity to my trust which will incur no stamp duty!

]]> bc97bd1c5b93663386a7938ad5987427 zen 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-5028155 Wed, 06 Jul 2016 04:02:33 +0000 Hmmmm……thanks Terry.

]]> ae4b8d923583d41fcde3769e4935fc10 zen 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-5028145 Wed, 06 Jul 2016 01:11:22 +0000 Hi Terry, wondering if i was to purchase a property in my name then setup a trust afterwards, can my trust have a caveat over the property? Abit like transfering it from my name to my trust!

]]> 6a5285014cfc1826e3ac5d59b05ee21e zen replied to the topic Property development podcast in the forum Value Adding https://www.propertyinvesting.com/topic/5020196-property-development-podcast/#post-5028007 Tue, 28 Jun 2016 22:40:57 +0000 Thanks Justin, yes definitely will see an accountant about my structure.

Love the interview with Shane from zero to 40million!!! Got some valuable tips and followed him on facebook. Also the guy from holden capital podcast was very insightful and gives me ideas on how I can utilise them in future once I’m financially/equity positioned!!!!…[Read more]

]]> fdcabd2aef3d34307633b0a670659adf zen replied to the topic Property development podcast in the forum Value Adding https://www.propertyinvesting.com/topic/5020196-property-development-podcast/#post-5027944 Mon, 27 Jun 2016 23:09:41 +0000 Thanks Justin, great reference and website, love it!!!

I’m in the process of becoming a developer in 3 years time, just gotta build my equity in my first property, 2nd and 3rd by 2019.

Question, are project managers for developments, is this tax claimable? Reason is I’m thinking of contracting a project manager to look-after the…[Read more]

]]> 687fe4fff6f0e6570a77fa2e2d3cf7b0 zen replied to the topic Accountant Fees in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4374775-accountant-fees/#post-5027446 Thu, 09 Jun 2016 06:27:06 +0000 Yes blast from the past!! @Jamie and Richie…. haha ….like reading stuff back then.

Thanks Terryw, appreciate your comment.

I’m in the process of purchasing my very first IP to be settled in August and will get a depreciation schedule done before tenants move in and give to accountant after July 2017 I presume? Enjoying the process and…[Read more]

]]> c12d10cbafdb5a019d19d19f57c1c21c zen replied to the topic Accountant Fees in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4374775-accountant-fees/#post-5027383 Tue, 07 Jun 2016 12:05:26 +0000 Hi All

Are these accountant fees tax claimable?

Zen

]]> d7b90fedcd0c1cda6f4b1817262e60d7 zen replied to the topic Trusts for singles in the forum Help Needed! https://www.propertyinvesting.com/topic/4400107-trusts-for-singles/#post-5026383 Thu, 26 May 2016 07:00:01 +0000 Oh ok, yes will seek their advice on family trust structure, thanks Terry.

]]> 5ed3d2051a006acc86328ab8146015ab zen replied to the topic Trusts for singles in the forum Help Needed! https://www.propertyinvesting.com/topic/4400107-trusts-for-singles/#post-5026375 Thu, 26 May 2016 05:45:58 +0000 thanks Terry, thinking of enquiring at http://www.legalvision.com.au try see how I go.

Also I saw these sites, not sure if this applies to me? https://www.ecompanies.com.au/discretionary-trust/

cost $121 to set up a family trust!!!

]]> 9ac35d2df026dd01a6552b4e9465f9ba zen replied to the topic Trusts for singles in the forum Help Needed! https://www.propertyinvesting.com/topic/4400107-trusts-for-singles/#post-5026369 Thu, 26 May 2016 03:52:54 +0000 Thanks Terry, appreciate. I noted about the land tax in NSW. Will see an accountant about the tax aspects of a trust structure, then a lawyer regarding the legalities of them.

Zen

]]> c722dde97608a819afb0d21c240ceb6f zen replied to the topic Trusts for singles in the forum Help Needed! https://www.propertyinvesting.com/topic/4400107-trusts-for-singles/#post-5026361 Thu, 26 May 2016 01:08:23 +0000 Hi All

Along this subject heading, I am also single and intend to set up a trust. I have a 20 year son and 12 year daughter, son is independent and daughter lives with her mother.

I am a firstime investor and in the process of settling with my first property investment in August 2016, the loan will be in my own name which I would prefer be in…[Read more]

]]> c722dde97608a819afb0d21c240ceb6f zen replied to the topic Trusts for singles in the forum Help Needed! https://www.propertyinvesting.com/topic/4400107-trusts-for-singles/#post-5026361 Thu, 26 May 2016 01:08:23 +0000 Hi All

Along this subject heading, I am also single and intend to set up a trust. I have a 20 year son and 12 year daughter, son is independent and daughter lives with her mother.

I am a firstime investor and in the process of settling with my first property investment in August 2016, the loan will be in my own name which I would prefer be in…[Read more]

]]> 8622bcc12f119087522a055df18a8584 zen replied to the topic Trusts for singles in the forum Help Needed! https://www.propertyinvesting.com/topic/4400107-trusts-for-singles/#post-5026361 Thu, 26 May 2016 01:08:23 +0000 Hi All

Along this subject heading, I am also single and intend to set up a trust. I have a 20 year son and 12 year daughter, son is independent and daughter lives with her mother.

I am a firstime investor and in the process of settling with my first property investment in August 2016, the loan will be in my own name which I would prefer be in…[Read more]

]]> d2bc924451860fe67bc12036f1f62238 zen replied to the topic Valuation in the forum Help Needed! https://www.propertyinvesting.com/topic/5025995-valuation-7/#post-5026024 Sat, 21 May 2016 20:53:43 +0000 Thanks Terry, appreciate.

]]> 148d79af97b427313d5f5d8375aa2362 zen started the topic Valuation in the forum Help Needed! https://www.propertyinvesting.com/topic/5025995-valuation-7/ Fri, 20 May 2016 22:42:40 +0000 Hi everyone

Hope you all having a pleasant weekend.

Question, how long should an individual investor do its first valuation on their new property investment to access its equity to use as a deposit to purchase another property?

Thanking you

Zen

]]> 53f2d585f1d9b7639f3cd3f0cd44f09b zen replied to the topic Are engagement and percentage fees claimable? in the forum Help Needed! https://www.propertyinvesting.com/topic/5022728-are-engagement-and-percentage-fees-claimable/#post-5022966 Wed, 16 Mar 2016 21:37:25 +0000 Thanks Terryw and BuyersAgent, appreciate your comments. Maybe I need to educate myself in doing things myself through Steve’s steps!

Zen

]]> ad83b9282084c66854f7a8ed0cd04edc zen started the topic Are engagement and percentage fees claimable? in the forum Help Needed! https://www.propertyinvesting.com/topic/5022728-are-engagement-and-percentage-fees-claimable/ Wed, 16 Mar 2016 04:08:09 +0000 Hi All

Wondering if the engagement fee of $1100 (GST inclusive) and commission or percentage fee 2.5% from agency such as:

– Dream Design Do Property (Zak Ameer)
– Metropole Property (Michael Yardley)
– Binvested (Nathan Birch)

Is 100% claimable back on tax?

They do all the work for you and if settlement is successful with tenancy, we pay…[Read more]

]]> f2f8d2e926815d088d9d9906ba809695 zen started the topic Are engagement and percentage fees claimable? in the forum Help Needed! https://www.propertyinvesting.com/topic/5022728-are-engagement-and-percentage-fees-claimable/ Wed, 16 Mar 2016 04:08:09 +0000 Hi All

Wondering if the engagement fee of $1100 (GST inclusive) and commission or percentage fee 2.5% from agency such a:

– Dream Design Do Property (Zak Ameer)
– Metropole Property (Michael Yardley)
– Binvested (Nathan Birch)

Is 100% claimable back on tax?

They do all the work for you and if settlement is successful with tenancy, we pay…[Read more]

]]> 2e4751433a98cd307493ad712b3f664d zen replied to the topic feedback pros and cons on buying off the plan in the forum Help Needed! https://www.propertyinvesting.com/topic/5021461-feedback-pros-and-cons-on-buying-off-the-plan/#post-5022421 Wed, 09 Mar 2016 23:17:09 +0000 Thanks for your reply ‘TheNewGuy’, Jacqui, Terryw, appreciate heaps.

TheNewGuy – its pretty tempting when LJ Hooker and developer (Empire Global) advertise a $5k off the room price ($274k) and another $5k IKEA gift card (or I can use this towards deducting the room price as well) – I will step back and do more research as the OTP are…[Read more]

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