Paul,It depends where is the location in HunterValley. You can't buy a property in Merewether and New Lambton Heights..  for 300kTherefore, it also applies in Sydney as well.. you can live far northwest of sydney or further southwest to get a cheaper prichttp://www.yourmortgage.com.au/articles/4168/default.aspxAnother crazy prediction… BUY OR SE…[Read more]

TerryI agree with you that company as a trustee has better asset protection, but you probably need to get a commercial loan. I am not aware that with the company as a trustee you can get a simple home loan package (i.e. breakfree ANZ/ CBA Wealth package).

What happen if you have so much cash flow and prefer not to expand aggresively?I guess than pay down the principal does make sense

YES

Prefer P&I and offset account

Ryan…"4) Why set up a trust if you and your partner will be the trustees??? That doesn't offer the best asset protection and it just makes life hard for you. The trustee is responsible for the trust and in many cases if the trust is sued then the trustees are liable."Where did you get this info from? DFT has NO asset protection at all.. did you…[Read more]

go to http://www.archicentre.com.auwill able to tell you how much it coststoilet can cost $100k.. probably the tapwares are made from gold

just cancelled the contract

Get Q/S to do it… I heard that they can claim more than builder report

Thanks for the input Terry. As long as I pay the market rental rates, it should not have any problem.Do I need to apply for private rulings?

In regards to point 1… I mean the rental income/depreciation can be used to offset the loan interest. How it will reduce the profit?I tried to search it on ATO website… can't find the ruling..thanks for posting it

Hi Terry Thanks for input..I do have a PPOR and currently rented (and still under 6 year rule for CGT)I do understand that losses will be trapped in the trust and I will pay market rates for residental (as per valuer rental valuation).The land tax and CGT will not be relevant as I have a PPOR.My concern is:1. Can I use the rental…[Read more]

Totally Agree.. you need a good broker that can do deals and on the 'ball'With the mortgage choice/Aussie.. it depends on the operator

Any comments??? Accountant??

I won't declare it as it makes the taxation become so complication especially CGT down the track..

I won't say that mortgage choice/Aussie is not good.. it depends on the operator/franchisee 

Richard Taylor is based in QLD.

I still have a vivid memory when my old mortgage broker told me to go with wizard.. I disagreed with him.But the selling points were IR was cheaper than banks… acting as "White Knights" against banks

It is always an issue with student accomodation. I don't think the bank will follow the actual income. I believe that student accomodation is fluctuate (i.e. high turnover and not full 12 moths).Bank always used the market value to estimate the rental income ( to be realistic)

http://www.sqmresearch.com.auor manually on the back of API magazine