Cool, let him get his tinny, and ill come and show him where all the great fishing spots are there. Not that i know , but SHHHHHHHHHHHH dont tell him [][]
For what its worth I would suggest the apartments though out Australia are about to crash big time. My understanding is that it’s already happening in Melb and Syd. I could be wrong, any one like to add to this? As I haven’t had much to do with apartments at all and don’t live in either city.
Let us not forget we all live (in Australia at least) in a world of taxation self assesment. We can claim what we like as a deduction, even the basset hound as a dependent AND THE ATO WILL ACCEPT THE RETURN.
I agree with u xyzzy. Claim anything and everything that is an expense however make sure you can prove it.…[Read more]
I have never heard of this b4 and am just wondering if its just another way to get extra cash, ( not meaning yourself personally , but the marketers) or is it something you have atcually experinced personally?
quote:
As Terry (sort of) suggested, you definitely need to talk to your accountant. I have heard that you can claim everything and not lose the CGT exemption (similar to the 6 year rule), but I couldn’t quote you any legislation, so the best one to ask is the qualified one.
I know some people that have invested there and done very well, but since it was put on ACA a few months ago it has alot of investors flocking there atm.
Some one I know purchased 2 houses adjoined and made it one 6 bedroom house and 2 bathrooms for less then $50k all up including reno’s. She studies at uni there so they plan on…[Read more]
Bruce said
As I said, you made an emphatic statement that I did not know which properties you were talking about. You were wrong. I wanted to let other’s know that the West Coast of Tasmania is a small place with a handful of properties for sale.
Where did i make that statment? Seems you are twisting my words yet again. I said Your facts are…[Read more]
I do agree with u, however there is a difference b/w a difference of opinion and giving out details for all to see after asking 1001 question via emails.
Nothing wrong with differing opinions, but there is with posting address’s of properties in my opinion.
I am a busy man as im sure most of us are. His intent for finding out more…[Read more]
I have spoken to Maurice and many others while I was there. For alot more then 10 minutes. Personally I totally disagree with you. It seems to me you are living in the past, and not taking your blinkers off. My due diligence has told me there is a shortage of rental properties in the town. But I do…[Read more]
Springtime in the flinders, is excellent bike riding, so are the Adelaide hills. I live in the Salisbury area and now days run the business from, but not sure how much longer. I been thinking about moving to Whyalla myself cheap enough there and would give me more money to use on properties with out interest.
I don’t think we should expose his properties myself. I like to be myself, and if I was to ruin someone else’s efforts then I would not be happy with myself, as I like to help people, not hinder them. Hard to stay focused on that at times, but it makes the world a much better place for all.
I would suggest you could invest now, however it depends on your true circumstances, and I don’t have enough info to say for sure, but at the end of the day it is your choice to invest or not to invest.
With $20k cash I would think you would be able to buy atleast one property possibly 2 if you w…[Read more]