Total Members: 159,129

4jojo

  • 4jojo replied to the topic Which way out of the Pilbara? in the forum Help Needed! 9 years, 6 months ago

    Ok, please do.

  • 4jojo replied to the topic Which way out of the Pilbara? in the forum Help Needed! 9 years, 6 months ago

    Hi,

    Just saw your post about your properties in the Pilbara. Just wondering what you ended up doing? I have same problem with one property in Port Hedland. Thanks.

  • 4jojo replied to the topic Lending a deposit to the family trust in the forum Legal & Accounting 13 years, 3 months ago

    Hi Terryw,Thanks for the quick reply.

  • 4jojo replied to the topic Lending a deposit to the family trust in the forum Legal & Accounting 13 years, 3 months ago

    Hi,I've been following along with this post.  I'm interested to know how what advice u got from your accountant.  My accountant hasn't been very useful, so still looking for a new one.I've been trying to find out if the discretionary trust with corporate trustee needs an ABN? and also,If I onlend money to the trust, do I need a written agreement f…[Read more]

  • 4jojo replied to the topic The best Structure for me? in the forum Finance 13 years, 8 months ago

    Hi,I have 2 questions.1.  If you set up family trust with corporate trustee, is that the same thing as setting up a family trust and a company?2.  If you set up a family trust, as a wage earner (not self employed), can this wage/salary somehow go into the trust?Thanks in advance.

  • Thanks TerryW.Now I get it.

  • 4jojo replied to the topic stamp duty in the forum Legal & Accounting 13 years, 8 months ago

    HI,I've been trying to find this out – What if you have an IP in Vic in own names can you transfer property title over to family trust fund without paying stamp duty?Thanks.

  • Hi,I'm really confused (yes, I'm going to see some accountants, and buy some books etc) but can anyone please explain to me how a discretionary trust with corporate trustee work?I understand the discretionary trust side of things but I am having trouble understanding the corporate trustee side of things.We are planning on setting up a…[Read more]

  • 4jojo replied to the topic Advice on who I should speak to in the forum Hi,
    Is the above comment
    13 years, 8 months ago

    Hi,Is the above comment correct?"When purchasing through a company, don't forget that there is no capital gains tax discount"If I were to set up a discretionary trust with corporatee trustee, wouldn't I able to get a 50% cgt discount?  Am I wrong?I am still learning about DTwith CT so if I'm wrong – as least I know now.Very hard to find info on…[Read more]

  • 4jojo replied to the topic To Trust or not to Trust: that is the question. in the forum Hi Daniel,
    Just wondering if
    13 years, 8 months ago

    Hi Daniel,Just wondering if yr still following this forum.  If yes, I'd be interested knowing how did yr DT fund work out after a few years of using it?What was the actual name of the trust fund u set up?   Was it a DT with corporate trustee?I am very interested because I am not in a fairly similiar situation to what u where in a few years b…[Read more]

  • 4jojo replied to the topic Mortgage Brokers verses doing it yourself in the forum Paullie, why would u want to 13 years, 8 months ago

    Paullie, why would u want to know this?  But since u are keen to know.  No, I do not get paid to do my job?

  • 4jojo replied to the topic Mortgage Brokers verses doing it yourself in the forum I have actually spoken to a 13 years, 8 months ago

    I have actually spoken to a few mortgage brokers around Australia and I guess I just haven't found a good one.  That's why I am seeking open opinions from people who have used them and people who have been able to be successful by doing it themselves.Interesting Alistar, you mentioned that you are 'biased because I am one' , glad you mentioned…[Read more]

  • 4jojo replied to the topic Mortgage Brokers verses doing it yourself in the forum Finance 13 years, 8 months ago

    It seems to me that people who use mortgage brokers, can,t say enough good things about them but I'm also interested in hearing from people who have done good deals for themselves (and I'm aware it's not all about the interest rate).I already have 2 investment home loans and looking to do another deal.  I agree this is went it becomes more…[Read more]

  • 4jojo replied to the topic Mortgage Brokers verses doing it yourself in the forum Thanks Alistair, but I don’t 13 years, 8 months ago

    Thanks Alistair, but I don't have an attitude towards mortgage brokers.  I'm just looking for advice on which way to go.I am open to suggestions that why I posted on this site.  If people have used a mortgage broker and found them more than helpful (as you mentioned more than just a loan processor) than that's the sort of thing I interested in k…[Read more]

  • 4jojo replied to the topic TO CROSS OR NOT TO CROSS in the forum I have been reading 13 years, 8 months ago

    I have been reading along…on this forum and other forums about NRAS properties. What I' m wondering is… r NRAS properties overpriced in the first place?All the above information about who will do the loan etc is very helpful but if the NRAS properties are overpriced in the first place, would i just be wasting time and money getting one of…[Read more]

  • 4jojo replied to the topic Interest only loans with offset in the forum Help Needed! 13 years, 8 months ago

    Wondering-  Do mortgage brokers get better rates etc?  Yes, I know they don't charge us a fee for their service (as they get their money from the banks – over the term of the loan).  But I'm wondering whether I am better off going directly to a variety of different banks myself (yes, I'm aware it can be time consuming but so can dealing with a mo…[Read more]

4jojo

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