Badger101 replied to the topic Actively invest while helping the parents? in the forum Hi Richard,
Thanks for the 15 years, 1 month agoHi Richard,Thanks for the note, it gets me thinking that's for sure. I am wondering what the 'market rent' is based on, will a residex report give us a good indication?Thanks and it should be heating up soon over there.
Badger101 replied to the topic Accountant in the forum Legal & Accounting 15 years, 5 months ago
Thanks D and Terry!
Badger101 replied to the topic Just Purchased Positive Geared Rental, Adcice on tax benifits and what to do with extra $$ in the forum Help Needed! 15 years, 5 months ago
Thanks Richard, As you can tell I'm a newby and posed in the wrong place and actually lost my post for a bit. Yes, the first step for us will be to set up a trust structure as indicated in Steve's book. In general terms, what does this involve and how much should we expect to pay to set this up.With regard to the second point, I don't want to ki…[Read more]
Badger101 replied to the topic Just Purchased Positive Geared Rental, Adcice on tax benifits and what to do with extra $$ in the forum Hi All,My wife and I are 15 years, 5 months ago
Hi All,My wife and I are just starting out and looking for advice please:1. Being new to the Sydney area we are looking for a top accountant to help us build, then grow our investment portfolio, any suggestions?2. We've been searching for +ve cash flow properties- with regard to tax, do I apply a 30% tax fee (on the rental income) when…[Read more]