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Viewing 20 posts - 21 through 40 (of 107 total)
  • Profile photo of AuzzieLadAuzzieLad
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    @auzzielad
    Join Date: 2003
    Post Count: 110

    Hello Redwing,

    Unfortunately I am at work now :( so carnt remember the other books I have read re: trusts.

    I have surfed a few web sites and info links etc from books and resources.

    The structure I refer to is the company > trust structure, I know it is basic, from what I have read from his book and other resources, appears to be beneficial.

    I guess they carnt explain the exact or specific structures in detail, because it is dependant on individual circumstances.

    I havent read Dale’s book, is it worth the read ?

    Cheers

    Profile photo of AuzzieLadAuzzieLad
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    @auzzielad
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    Post Count: 110

    Rikky,

    I probably dont, but its just my personal insight I have never moved / relocated a brick house.

    I take it you have relocated a brick house? If so what was the out come? Was it worth it ?

    What about the base? Wether board house is generally wood, adding extra integrity ( i.e. bracing) for transporting.

    Again just my opinion, and I do believe I am looking at the whole picture logical :)

    Cheers

    Profile photo of AuzzieLadAuzzieLad
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    @auzzielad
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    Post Count: 110

    Hello All,

    Interesting reading, believe someone else was running a threat here on that particular trust / Lichtenstein.

    Hmmm see what happens:)

    Good find Terry, keep it up

    Profile photo of AuzzieLadAuzzieLad
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    @auzzielad
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    Post Count: 110

    Maybe and idea hold onto the first property and use the equity to fund the second :), maybe the security will assist with your next loan.

    But again depends on your personal situation and where you want to go.

    Will the property be +geared? Imagine that, a cashflow, not too mention depreciation of certain fittings & fixtures you have just slaved for. Oh and by holding I guess you would also slash the CGT on the profit too.

    Maybe get a good accountant and finacial planner in Tassie, not a devil either.

    My little advice :)

    Profile photo of AuzzieLadAuzzieLad
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    @auzzielad
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    Wow,

    Interesting thread, Dazz when it all sorted, please let us know :), if all goes well naturally seek compensation plust interest :)

    Cheers & good luck

    Profile photo of AuzzieLadAuzzieLad
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    @auzzielad
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    Post Count: 110

    Still Confused here,

    I know the difference between weather board & brick, just didn’t want to go into too much detail.

    Basically you will be going into minimal salvage, i.e truss.

    With a weatherboard house, they can go in the house and cut it into ‘transportable’ sections.

    If you were to debrick the house and have all framework exposed, then proceed the frame will not have the same tranpsorting integrity.

    The roof will ir tiles will all have to come off too.

    The list will continue as with the costing.

    Basically you will be a building recycler, again I have never heard of anyone carrying this out.

    Maybe we will read about it in the next AP mag.

    Again keep us informed if you go ahead with it.

    Cheers

    Profile photo of AuzzieLadAuzzieLad
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    @auzzielad
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    Post Count: 110

    G’day Redwing.

    It is interesting reading there, and he has been around awhile, I remember reading some of his articles a few years back.

    It’s always good getting / learning varying opinions :)

    Cheers

    Profile photo of AuzzieLadAuzzieLad
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    @auzzielad
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    Hello Richard,

    Benalla is a nice country town. I grew up the road from there Wangaratta, but now Sydney.

    It is getting more tourist to the location, but is still growing / developing, slow but not going backwards.

    Good purchase there :)

    Maybe nextime you get down there time it with the ” Rose & Garden Festivale”.

    They have a couple of big draw cards like this, it is also not too far from Winton Raceway, which has extreme limited accommodation for car racing.

    Good luck with it, if you want to onsell for $50,000 each unit let me know HAHA

    Cheers

    Profile photo of AuzzieLadAuzzieLad
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    @auzzielad
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    Post Count: 110

    Hello Mkc & all,

    Personally for a quick start invest in self education re: property investing & structure.

    I can see your eagerness, but (sorry to be a downer) if you leap in without the right knowledge & research, your investing carer may be short lived or with wrong investing serverely hampered.

    Sorry again to be a wet blanket, but research and know what you are looking for. Once you have indentified the area you wish to hone in on then research it thoroughly. What might work for your brother might not work for you.

    Cheers & good luck :)

    Profile photo of AuzzieLadAuzzieLad
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    @auzzielad
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    Hi all,

    I have just finished reading Ed’s & Tony’s book > “How to legally Reduce your tax.” which is quite informative on trusts / structure.

    I came across this through this forum & M Yardney newsletter ( fantastic reading.)

    The book is a great read and covers various trusts and structures geared specifically for property which most of here are into.

    If you make contact with > http://www.chan-naylor.com.au/, the lovely & helpful receptionist will email you a listing & pricing too.

    To me the company appears to be well structured, well experienced and competitivley driven.

    I yet have not taken on the services at present but will in the not to distant future, the benefits are extreme.

    Benefits such as ‘Assest protection’ & ‘Legally reducing your tax’ to ‘Accelerating growth’.

    I believe their knowledge and structure has impressed myself personally more than others.

    Hope this helps a little, again just my two bobs worth, but purchase the book, fantastic reading.

    Cheers

    Profile photo of AuzzieLadAuzzieLad
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    @auzzielad
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    Post Count: 110
    Profile photo of AuzzieLadAuzzieLad
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    @auzzielad
    Join Date: 2003
    Post Count: 110

    Hi Guys,

    I would also be interested in attending your meets too. More brains involved more ideas thrown around.

    Cheers >> [email protected]

    Profile photo of AuzzieLadAuzzieLad
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    @auzzielad
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    Post Count: 110

    Hello guys,

    Personally I havent looked at spec homes because generally the infrastructure isnt there, i.e railway stations proximity etc.

    However these may come in time, it really depends on your investing goals and current situation etc.

    The advantage would be the high depreciation of fixture & fittings etc, but this should not be your whole and soul reason for purchasing.

    It could also be peace of mind too purchasing relatively new, i.e chances of hot water system breaking down and other items, would be minimal, bit of hassel free travel.

    Hope this has been of a litle assistance.

    Ho ho

    Profile photo of AuzzieLadAuzzieLad
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    @auzzielad
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    as41,

    Hello varying comments there. :)

    Mate tell you the truth I am with the other guys never heard of anyone moving a brick house, or dont think it even possible.

    Is the house on a cemement slab?

    I am not a builder but the bricks hold the house together, without them huff & puff the whole thing comes down.

    Even if possible the costing factor to re-brick the house would be costly.

    Let us know what you decide to do, be interested to know.

    Cheers

    Profile photo of AuzzieLadAuzzieLad
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    @auzzielad
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    Richard,

    Maybe some money to be made there, to bring out the first 100% Commercial Meal deal ;)

    Profile photo of AuzzieLadAuzzieLad
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    @auzzielad
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    Same back at you, safe travels :)

    Profile photo of AuzzieLadAuzzieLad
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    @auzzielad
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    Same back at you, safe travels :)

    Profile photo of AuzzieLadAuzzieLad
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    @auzzielad
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    Hello Steve,

    when I logged on the other day thought I put >> .au or forgot to put in :)

    I actually like it, very user friendly, modern.

    Maybe for people like me you could add spell checker for the late night postings :)

    Will the new layout give us all higher access :):):) could be an early x-mas present.

    On that note good work on the new layout & a ‘big merry x-mas & safe new year too all .’

    Mark

    Profile photo of AuzzieLadAuzzieLad
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    @auzzielad
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    Mgs2,

    I am currently reading the same book now, I have just finished Ed’s book Re: structure / trusts etc, which I had no idea existed before I joined this forum. :) ( acutally did read it in Steve’s book. )

    Both books are fantastic reading, coming from a person that hates reading ( rather be fishing).

    As they say the guys no the biz, and quote take you through step-by-step.

    I would personally neg a fixed fee, try and observe their talent, to you feel comfortable / compentent to take on the neg world :)

    Cheers & good luck

    Profile photo of AuzzieLadAuzzieLad
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    @auzzielad
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    Post Count: 110

    Richard,

    Does this apply to Commercial? << dreaming

Viewing 20 posts - 21 through 40 (of 107 total)