Forum Replies Created
Hi,
A question that I would ask any good chef is does s/he eat what s/he cooks or is this a “do as I say not what I do program”?
aquila
” Dare to be Different – earn, spend then pay tax – control without ownership “
Originally posted by APerry:There are several software packages that do this, taking into account your tax rate as well. PIA by Somersoft and POSH are two that I know of.
Hi,
To add to this list there is also “Investment Decective” available from the online shop of this site.
aquila
” Dare to be Different – earn, spend then pay tax – control without ownership “
Originally posted by adambc:Hi Lionheart,
11 Second Solution therefore is
Rent/wk x 2 x 1,000 = >Purchase Price of Property
Adam,,
I realise that you are a much more experienced forumite than me but I think you have the formula mixed up.“Rent divided by 2 multiplied by 1,000” is the formula
Therefore Adam’s calculation
200 x 2 x 1,000 = 400,000 ( value of property)The correct calculation
200 divided by 2 x 1,000 = 100,000 (value of property)
Thats a bit of a difference in the value of the property or the rweekly rent to pass the 11 second solution
Thanks for your other suggestioins
aquila
“Dare to be Different – earn, spend and then pay tax – control without ownership”
Originally posted by lionheart2000:Im looking at residential property.
Including all depreciation claims, maintenance costs and other costs, interest payments and plan and non-plant items depreciation, how does one calculate that this will be a viable positive cashflow investment?
lionheart2000
I am a little confused . You are trying to calculate a cashflow but want to calculate the non cash items to assess whether the property is cashflow positive?
There is a difference between profit/loss, pretax cashflow, and posttax cashflow. In my view a property that is not pretax cashflow positive but is posttax positive is negative gearing.
aquila
“Dare to be Different – earn, spend and then pay tax – control without ownership “
Hi,
You do not specify if you are assessing residential or commercial properties. Your question about “non plant” items has me confused.
I have found the following to be of assistance.
The Offline Investment Analysis Calculator! With Conectatibity for online use.
Enables users to use The Financial Calculator OFFLINE, in a Laptop anywhere at anytime! Also if you’re connected to an Internet connection the links will work the same as if you were using the Jaffasoft.com calculator online. It can be used in a standard PC. So it has become very variable and very versatile.
Because of the very nature of a downloadable package and once you get it, that’s it! It cannot be changed! I can not guarantee that the external links that launch from this transportable calculator will not change, as the web sites where it links to may change (this is if the links change by the web masters or owners of the web sites the links launch to)! In the event of this happening, this current ‘LapPack’ will not be able to be rectified until the new version of the LapPack comes out! Live current updated version can be always found at http://www.Jaffasoft.com , which is the online version, in the ‘Property’ drop down menu under Analysis Calculator! This usable Offline ‘LapPack’ calculator was released 22/05/2004.
This, ‘Offline’ version can be put on a floppy disk, burnt to a PC or sent in an email to your friends. To do this simply
send the ‘LapPack’ file (that is the zip file you downloaded and saved onto your hard drive), which is the file you have opened right now, as an attachment in an email. You do this the same, as you would send any other normal attachment via an e-mail. The online version at Jaffasoft.com Property > Analysis Calculator could only be used online and or while the calculator was still in your browser cache, hence the need to make an OFFLINE ‘LapPack’ downloadable version. This has given the convenience to use ‘The Calculator’ offline in a Laptop or a PC anywhere at anytime.Hope this helps
aquila
“Dare to be Different – earn, spend and then pay tax – control without ownership “
Hi David77,
Not being an expert nor advisor I believe that you should firstly have your reasons for investing and the strategy that supports this established.
From my reading both here on the forums and elsewhere tax avoidance is illegal therefore whatever you are planning to do is not purely for the purpose of avoiding tax but for other reasons such as asset protection or estate planning.
From an asset protection viewpoint I believe that the more firewalls or moates you can create the lesser the chance that those legal eagles will be willing to support going for you and your assets.
There are an awful lot of different types of trusts and I am not aware of there being a one size that fits all. Seek appropriate professional advice from either an asset protection specialist or a legal advisor who specialises in trusts.
The transfer of the properties will give rise to possible Capital Gains Tax, Stamp Duty, Land Tax and probably financing costs.
aquila
“Dare to be Different – earn, spend and then pay tax – control without ownership “
