Thanks for posting this Jaffasoft. I’m going through the same exercise and doing a lot of playing with my own spreadsheet (bless you My Palm) before looking at any others, because I can’t think of a better way to get all this firmly into my head. I guess I’ll post something for constructive criticism too one day, but not quite yet.

Three…[Read more]

Sadly, I think the liquidation is real. To the annoyance of the car behind me I slowed down enough on my next trip to see that the sign shows the price for one unit as $199,000 or nearest offer. I can’t remember seeing o.n.o. before outside the classifieds, and never on real estate. Seems even less professional than the “liquidation sale”, and I…[Read more]

Montrose,

Do you mind saying how long you’ve been a client of your Bathurst accountant. Obviously a recommendation based on a few years is stronger than one based on a few weeks[]

Thanks

Ghoti

I’ll bet you a million that the RBA won’t raise rates in January.

But before you accept it, just check the date of their next meeting []

Cheers,

Ghoti

Azrael,

You said your colleague “has bought” the IP, but that she’s a fair way from saving up the rest of the 10% deposit. What does “bought” mean in this case? If she backed out of the deal now, what would she be up for? How does that compare with what she’d be up for if she can’t tenant the unit when the time comes?

I realise that you didn’t…[Read more]

We’re looking for an accountant too. Don’t want to depress you, but we’ve been looking for 3 years. Twice we’ve thought we might have found one, and both times they’ve turned out to be so overstretched that their service was very poor – we’d probably have been better off if they’d just told us to keep looking.

GST was a big issue when we started…[Read more]

Looks like I’m asking a really, REALLY stupid question this time, but I still don’t know if there’s an answer. Can I try breaking it into two parts:

1. Would anyone here consider buying property with a leaseback, or do you think they’re inherently unattractive? For instance, I think I’ve seen someone here posting about “my bank”. Was that a…[Read more]

quote:

With regard to laptops, I got mine with salary sacrifice. There is no FBT on laptops, so my company can get it GST free, and then we sacrifice our pre tax dollars for the rest. The end result is a laptop costing 47% of the retail price.

Jim.

OUCH!! Now that made me woeful [xx(]

Ghoti (still working on how to spell Flying)

Thanks for your comments people.

Chris, I think I misworded my original question a bit by being too specific about the methods parents might have used to help kids. I should say that I’m in Sydney and I’m thinking about the Sydney market, and also that I can’t claim to be familiar with the superb range of information that the ABS provides. I’m…[Read more]

quote:
Sorry to hear about your woes Ghoti (fish?[])
I’m part owner of our company, so I’m hopefully not going to get kicked out. (unless I keep spending so much time in this forum that is! [])
Jim.

Thanks Doogs, but not really woes now: just experience <ahem>. The lease wasn’t on a car, but on a high-end laptop, so high that I used it…[Read more]

Be sure you take note of the risk: “and if I leave the company, I have to take over the lease.” If you “leave” for another job, you can negotiate for your new employer to take over the lease. But if your current employer chooses the time for your departure and you don’t walk straight into another job, you’ll still have to make the lease payments…[Read more]

<Warning>Newbie poster</Warning>

Just as those shows don’t tell you when the auctions took place, they don’t necessarily tell you everything that goes into the vendor’s decisions. Seems to me the riskiest vendor behaviour I’ve seen is to buy before selling, and that’s dangerous no matter what method you use to sell.

We’ve just sold a Sydney…[Read more]