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Hi Dosser,

I’ve been on holidays for the week, so haven’t been able to get near the www.

Tax Lawyers – yeah – ditto from what the others say. I hear David Abrahm (CPA – Adelaide) is good and understands what we are on about. E-mail me for details or look it up in the whitepages.

BTW – Seacombe Gardens – are your townhouses the ones on…[Read more]

Well I am quite surprised at the lack of response to my earlier question today re taxation lawyers and the benefits of using them. It has been suggested to me that rather than utilising a financial advisor it may well be more valuable in the long run to utilise a tax lawyer that has the expertise on how best to not just minimise tax as an…[Read more]

Property boy

..I’m from Adelaide and have only just joined this forum I have three properties and have just got the foundations down on two town houses in Seacombe gardens ( not sure if I would do it again) I think it would be a great idea to get together.

email is [email protected]

cheers

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Just sharing my experience from about 3 years ago, when we didn’t know better.
We brought a townhouse and 2 apartments of the plan, and didn’t fully realise that this builder would be charging us progress payments.
The upshot was, a lot of financial stress, meeting progress payments on our income with no rental income for quite a few…

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Quentin

Thanks for the info, you have given me something to think about, I have recently refinanced to build the two houses, I have actually thought of selling one of them to ease the cash flow problem but that was my dilemma, hang in there and get abetter price in a few months or sell at current market prices. I’ll keep the forum informed how it…[Read more]

quote:
Hi dosser,
Sounds like you’r negatively geared and are having difficulty meeting your repayment obligations.

You’ll probably get a lot of people recommending you go out and buy something cashflow +ive to balance the equation – nothing wrong with this strategy but it doesn’t sound like an ideal time to be doing it now.

Ae your loans I.O or…

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