blueheeler replied to the topic Depreciation Report in the forum Finance 15 years, 6 months ago
Qlds007 wrote:
Hi blueheelerI am assuming that you mean self employed for 10 months as if you actually meant employed i can think of a dozen lenders all else being equal that would have considered the application.I cant comment on Loanmarket but as a competitor you get will get as good information and advice as the person who owns the franchise.…[Read more]blueheeler replied to the topic Depreciation Report in the forum Finance 15 years, 6 months ago
Has anyone heard of Loanmarket?I've had a bad experience with them and applied for a loan 1 month ago. Firstly i was told that i didn't qualify with Rams because i was employed for 10 months. Then, he said that i could apply with Bankwest. A few weeks had passed by and then he told me that we had to apply for the loan ourselves. I asked him if he…[Read more]
blueheeler replied to the topic Mortgage Broker – Information required in the forum Finance 16 years, 5 months ago
Check out investorfinance, they are a mortgage company whom are also investors.
blueheeler replied to the topic Need help finding a valuer in the forum Help Needed! 16 years, 9 months ago
Try googling valuer, make sure they are qualified and hold indemnity insurance.
blueheeler replied to the topic Quantity Surveyor / Depreciation question in the forum Legal & Accounting 16 years, 9 months ago
I think depreciation items and building is depreciatiable at 2.5% but it all depends on the circumstances etc. If you were to repair and maintain your investment make sure you do this with a tenant. Some things are tax deductible, dont over do it thou. Just to confirm what I've said, talk to a savvy accountant who has property investments.
blueheeler replied to the topic Multi Lot Subdivision Costs..?? Help in the forum Help Needed! 16 years, 9 months ago
Hi there, have you checked the residential code with council? If so, then divide that into 10,000 (standard number) that will give you the size of your lot.eg. Residential Code 20 divide into 10,000=5000 square metres.Good luck.
blueheeler replied to the topic Quantity Surveyor / Depreciation question in the forum Legal & Accounting 16 years, 9 months ago
Quantity Surveyor is good value for money……….money for jam. Give Washingtonbrown Surveyors a call on 1300990612 or http://www.washingtonbrown.com.au, they will send you a schedule. Goodluck with your findings.
blueheeler replied to the topic Need some advice form a good mortgage broker! in the forum Finance 16 years, 10 months ago
Have you thought about opening up a 100% offset account in conjunction with your morgage loan account? With LOC, you can't claim as a tax deductable. Are you claiming depreciation? What about adding value with a quick reno, increase your rental income, valuation, refinance and add equity to your 100% offset account to counter some interest. Tha…[Read more]
blueheeler replied to the topic any experienced property investoer inlembourne want to give me some mentoring. I relaly want to turn around my situation in the forum General Property 16 years, 10 months ago
Michael Yardley is an experience investor and developer. That might be a good start.Cheyenne Brae is a hands on chick.Checkout Josh Williams website………………www.thehappysecret.com
blueheeler replied to the topic Hello everybody, wrap info? in the forum Creative Investing 16 years, 10 months ago
Michael Yardley's- How to make a million dollar portfolioCraig Turnbull-BooksRobert Kiyosaki-Boardgame 101 Cashflow, 202 Cashflow
blueheeler replied to the topic Should a property be bought under a company name for investment? in the forum General Property 17 years, 2 months ago
You are absolutely right, the only dif is the land tax concession.
blueheeler replied to the topic Should a property be bought under a company name for investment? in the forum General Property 17 years, 2 months ago
Hi Terry, its a property investment trust, not hybrid. Yeah, totally agree, firstly confirm with the ATO.
blueheeler replied to the topic Should a property be bought under a company name for investment? in the forum General Property 17 years, 2 months ago
I also would suggest it is not wise to buy an appreciating asset in a company as you lose the 50% CGT reduction for assets held over 12 months – which could cap your tax at half of the top marginal rate of 46%. 23% is less than the company rate of 30%.And you certainly should not buy in the same company you trade with. Businesses are often sued,…[Read more]
blueheeler replied to the topic Should a property be bought under a company name for investment? in the forum The Boss is absolutely 17 years, 2 months ago
The Boss is absolutely right, set up a trust "property investment trust" with
1.Asset Protection
2.Losses claimable by beneficiary or unit holder
2.Possible land tax concession available
4.Profits distribution at trustees choice
Unlike most trust you can claim tax deductions "negative gearing" But before you jump into something like this,…[Read more]
blueheeler replied to the topic Should a property be bought under a company name for investment? in the forum General Property 17 years, 2 months ago
The Boss is absolutely right, set up a trust "property investment trust" with1.Asset Protection2.Losses claimable by beneficiary or unit holder2.Possible land tax concession available4.Profits distribution at trustees choiceUnlike most trust you can claim tax deductions "negative gearing" But before you jump into something like this, seek help…[Read more]
blueheeler replied to the topic Rural Zoning – No Building Entitlement in the forum Try contacting the 17 years, 2 months ago
Try contacting the respective council and ask for the Planning Officer. They should be able help to answer all your questions, most officers are pretty flexible and easy going.
If you would like to find out the size of each block, you need to ask for the residential code and then divide that into 10,000this would give you an estimate size of t…[Read more]
blueheeler replied to the topic Rural Zoning – No Building Entitlement in the forum Help Needed! 17 years, 2 months ago
Try contacting the respective council and ask for the Planning Officer. They should be able help to answer all your questions, most officers are pretty flexible and easy going.If you would like to find out the size of each block, you need to ask for the residential code and then divide that into 10,000this would give you an estimate size of the…[Read more]
blueheeler replied to the topic IS the R.E.S.U.L.T.S program REALLY worth it? in the forum Help Needed! 17 years, 2 months ago
reeco wrote:
Hi OrienYeah i actually read it wrong. which is worse because its over 5000!!! and thats the bloody special!!!! Geez thats a BIG call for anyone no matter who they are.I can definitely put things into perspective but at that price you have to have a written guarantee to something…anything…at all.am i right?Rhetorical question of…[Read more]blueheeler replied to the topic What type of vehicle do you have ?? in the forum Opinionated! 17 years, 2 months ago
In the early 90ties i brought a 1974 Hillman Hunter color brown, $1000, it was a gem until my favourite dog ripped all the insides…………..it aint no gem now lol.
blueheeler replied to the topic Jenman on ‘RENT TO BUY’ SCHEMES in the forum Creative Investing 17 years, 2 months ago
rickotton wrote:
Facts…North Sydney was sold with wrap instalment contracts as was Newcastle as was Chatswood as was most other regional cities in australia…..Fact……on one documented ontract has been disputed in court…………1Fact……vendor finance contracts made up most real estate contracts in the first 100 years of Australias…[Read more]- Load More