All Topics / Help Needed! / Not feeling too confident

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  • Profile photo of mattstamattsta
    Join Date: 2011
    Post Count: 604

    What's wrong? When I feel low I listen to my favorite music. It really helps me to get into a right mood to keep going. Let us know if we can help with anything. 

    Profile photo of Richard TaylorRichard Taylor
    Join Date: 2003
    Post Count: 12,024

    Sorry i can't believe i am reading the content of this post.

    Firstly we have an unlicensed tradesman carrying out building work (and i don't care if he is a electrician or not he is not qualified to carry out construction) then secondly you have paid him cash. 

    Certainly receiving or paying in cash is not illegal as long as he declares the income as Taxable income (hobby or not).

    Has he given you a Tax invoice and is GST being charged on it.

    A quick look at his Antenna quote will tell you whether he is registered for GST.

    Thirdly (or is it fourthly) have you had plans draw up for the job had it lodged with the Building Commission and has he paid the appropriate Building services fees.

    Assuming you are not intending to pay cash for the entire job have your Bank sighted written quotes, undertaken a post works valuation.

    Sorry i could go on and on but i wont.

    Please keep us all update and then shame the crook concerned publically so we can make sure he doesn't take anyone else for a ride.


    Yours in Finance

    Richard Taylor | Mortgage Broker helping investors build their wealth thru property
    Email Me | Phone Me

    0-40 Properties in a decade with a unencumbered portfolio value in excess of $40M. Ask me for a copy of my API Interview.

Viewing 2 posts - 21 through 22 (of 22 total)

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