oh for the day I get to think of those kind of dollars!

imagine the land tax on that baby! ouch

” a blind man may see what a sighted man may not”

cant tell you, cause i really dont know enough on that side of things.

others might, cause i dont have a trust and what my accountant today said, well it wont do me any good, so….I dont know about expenses, I just assumed the trust took care of income and expenses, and if you had the trust set up according to structure, then you either…[Read more]

I hate watching the agents at those things. They make me cringe too, how can people say yes when they gotta know with cameras in their face they are on tv.

I wonder if they get some monmey for that too>?

I hate the way the agents do a suck up job…sorry folks, but they do. YUKKKKK

and yeah maybe it was overpriced
Elves

” a blind man may see…[Read more]

timing isnt good for me, sorry cant go, im in qld in may

” a blind man may see what a sighted man may not”

Cel

My accountant told me to get a QS done, he said made his job easier and made all the right claims.
These usually do it by the methods above, and give schedules on both in a report.

it can take years to depreciate an item, so it isnt all gone, but you can keep buying to keep it going if you want.

LOL

Elves

” a blind man may see what a…[Read more]

Kay, and she writes mag articles and does radio shows.oH and your folks were busy. My parents stopped at 3, im mid kid. Always having to balance.

Depreciation: for business this is a bonus. You get to essentially write down a portion of the asset or equipment or fixture at a set or predetermined rate, usually you use one of two methods,…[Read more]

fees vary depends on if you want to spend the money yes?

adn hey I would like some ideas I have exactly, well a bit more than that to spend, what to do what to do?
Im gonna post….

” a blind man may see what a sighted man may not”

I have a varied portfolio, not just properties. This way it balances out.

But if you want all positive cash flows before or after tax dedcutions, then thats up to the individual.

my accountant didnt care if I spent the money and bought a property outright or got a loan to finance it, he said it doesnt really matter for me,.

cheers

” a blind…[Read more]

Rugby, no the hands are tied.

Public trustee is there for one reason and one reason only. Sell.

I went to one auction in QLD last year, in this instance the property was in a poor area. The bank would not have considered lending ratios as normal, because of the mix of tenants in the units. It was not a home.

You can get some good buys, the one…[Read more]

if you are buying at auction from a public trustee, they want their money. You cannot usually stall, they have time frames

They will have a list of terms and their contract at the site, advise you read the fine print. You can ask to be put ona mailing list I think too.

Elves

” a blind man may see what a sighted man may not”

yes and she has suppot and networks, that helps eh?

My brother has 7 kids.

Elves

” a blind man may see what a sighted man may not”

if you cross collateralise eventually you will run out of or reach a lending limit.

you might be ok with one or two, but if you keep them more as single entities you should have greater bargaining power, more flexibility to sell in the advent of something going wrong.

if everythig is tied up with everything else, it gets very messy. And…[Read more]

There is no right or wrong way.
you have to decide if a trust is for you anyway. AND WHY?

I spoke with my accountant, he said dont bother. I only have me to worry about, no one else so trying to split incomes etc is not an option for me. Trying to protect my assets well why? from whom?

It isnt always necessary. If I had a partner that might be…[Read more]

LOL Brenda I have been known to put down $20.
And I am glad in one instance. The story of this is a little perturbing so be warned (those new people more so.)

Story: buying proeprty interstate. Had someone look it over, decided ok lets leave deposit and get to due diligence. Person left a 50 depoosit, I remimbursed them. Real estate said ok, took…[Read more]

maybe +CF that they prefer to keep it that way because it is high risk. I think most people on that level already do their own thing anyway.

Others simply want to learn and I learn something new everyday

” a blind man may see what a sighted man may not”

LOL Chan and Sis, well maybe thats why I put it that way…….[biggrin]

so now we have a new topic! go Chan

” a blind man may see what a sighted man may not”

Big Ben

what is determined risk to one, is no risk at all to another. the scale of risk however varies. Each investor should know their risk profile. You might be able to access this on one of the many sites around.

Investing in property is not low risk. Neither is jumping behind the wheel of your latest car, or walking across the street. If you…[Read more]

wasnt that because he needed the money to build?

I know builders, and from what one told me, he can only borrow to a certain amount, in other words so many projects going before the bank says no. So if he sells something like off the plan, then the bank are ok, kinda like a down payment for him as well as the property buyer.

There are rules as…[Read more]

the dominoes are arguing as to how many dots they have, and who has the most!

The only thing constant is change

The only difference between a weed and a flower is a judgement

cute chan

The only thing constant is change

The only difference between a weed and a flower is a judgement