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dreamweaver
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@dreamweaver
Join Date: 2004
Post Count: 7
June 26, 2004 - 2:05 am
Thanks for the reply Ibuycashflow. I gather from some of the posts on this topic that gains made in NZ would have to remain there. Is there an intelligent yet legal way of transferring gains made in NZ into Australia without having to sacrifice the tax advantages available in NZ? Thanks.
dreamweaver
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@dreamweaver
Join Date: 2004
Post Count: 7
June 19, 2004 - 10:01 am
Hi all, just wanna ask that if i have already bought an IP in New Zealand under my own name, and after the purchase a NZ trust account has been set up, is it possible to change it such that the IP is under the trust’s name? Thanks.
dreamweaver
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@dreamweaver
Join Date: 2004
Post Count: 7
April 26, 2004 - 4:18 am
Thanks for that Derek. Much appreciated
dreamweaver
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@dreamweaver
Join Date: 2004
Post Count: 7
March 20, 2004 - 2:08 pm
Thank you all for your helpful responses. However i am wondering, what if the IP is in a remote location, such as some town interstate or in certain cases other countries such as NZ? At what point in time throughout the negotiation process does it become necessary for you to actually go there and inspect the property for yourself?
Also, with regards to certain questions one has to ask about the area, apart from prices of nearby comparable properties, rental growth, population, are there any other important information to gather?
Thank you very much.
dreamweaver
Member
@dreamweaver
Join Date: 2004
Post Count: 7
March 20, 2004 - 11:44 am
Will the banks or other lending institutions ever consider providing you with 90%-100% financing for positively geared properties, whereby you can present a case to them and say that your rental income can cover the interest payments? Assuming that you have no income from a job or business. Anyone’s advice on this would be greatly appreciated.