Forum Replies Created
ho dazzling
why don’t you tell him what you really think.
he may be changing his mind and being positive this time.ops read the post again and it is negative so its the normhere to help
hi calvin@thirty4
The margin scheme is you pay and draw back your gst as you cnstruct there is a formular the tax dept give you most accountants know it.
little bit hard to explain and as most people can’t understand my normal post I don’t think the margin scheme will be easy to explainhere to help
hi simon
I don’t play poker but would site be interested in japans returns.
Never throw an investment until you’ve checked it out.
I’m not sitting on the fence on this one either two places I’m keeping my eye on are fiji and east timor both not ready yet as I haven’t found what I’m looking for but will let you know if any success.here to help
hi calvin@thirty4
correct me if I’m wrong but what you are suggesting is the same as the margin scheme in developing and you claim it as you go.
If this is correct then yes we do us this currently.
The accountant does it in the companies bas.here to help
hi roy
accountants or trust expertshere to help
hi all
just one for you dazzling
I use the same system as you but I also set the companies up in different states to the one I’m investing in.
Have a chat with your accountant flavour of the month is vichere to help
hi drx
have tried that number for a couple of times do you have any other numbershere to help
hi Aphex
no you do your normal haggling and when the price is fixed then you put call option the vendor has a legally binding contract that they will sell at this time for this price.
very simple.
cost usaully $1.00here to help
hi all
hellman is right.
as for translations or interpreter well you try to keep it simple but it never turns out that way.
Kp in the first instance you can’t add yours yet as I want a mentee from the other group and so far nobody has replied but if I don’t get a mentoring person then by all means will accept a wrap.
6 months is just a number if the mentoree wants 12 months all the better mine is not time sensative.
and spi I don’t drink by the schooner I savour.
And as for speed I am not saying this is faster but lets see which is more profitable.
hope this makes it as clear as mud.
for the ease of everyone after the sg3 meeting here in sydney I may get it cleared up if any questions.
I will keep you informed its 6 days now and a few more to gohere to help
hi Rayson
Sorry to pop your bubble but the agent wants to sell to anybody he gets his income from a sale so he dosn’t care who it is.
look in your local paper and look in real estate agents windows.
nobody said developing was easy just because it says its a development doesn’t say its a development with a profit so do your research.here to help
hi Sonja an Dr X
in response to your questions sonja your half right and Drx you are signing up for nothing what you will see is which system ( if steves is a system )does produce profit and to what level as we have no way of evaluating if the mentoring system works( nor do the members of the mentoring unless they have some thing to gauge it against.
Sonja
The “are you interested in this type of mentoring” was to gauge who and what would people be mentored but totally different to this.
I have no way of gauging the return what this mentoring system, steve is or has organised will return.
so lets see
I am sure one on the mentoring system must read this post and lets see what return is made within 6 months.
There is nobody getting involved in this current project as is has been closed and the cost is the same as or near enough (mine is cheaper) to the same cost.
If I don’t get an opponent by settlement then I will list the project and see if we have a better return from another investor here.
so it going to be a interesting 42 days even dazzling subdivision may bet it.
lets seehere to help
hi Sitting on the Fence
you need to talk to an accountant as not sure how you bought them in the first instance you can capitalise the loan with the veiw to builds and alender will capitalise up to 12 months so it depends on who and how you structured your loans even talk to a broker, Finance Friend I think is one.
sorry to say this but it depends on what you have already organised to make the best of what you have already got.
my non advice as I don’t give advice is to drag the 160k out of the holiday home and use the refinance loan to build its the easiest.
but my advice is do nothing until you have professional advice from someone that has gone thru you paperwork or structureshere to help
7th and still no takers
here to help
hi redwing
sorry wheres coogee we have one which is a beach sydney give me a post code and let me have alookhere to help
never make anything easy
The strongest rose is the one that has to fight for life (chinese saying)
all post must be hard to understand thats why you must read everything twice.
sorry I come from the old school and we don’t have time out nor do we have its to hard.here to help
Shelley D.
WHY
let us know yours or the banks reasoning.
maybe the wizard dazzling or others
may give you a couple of pointershere to help
hi Rebecca2
unlike a couple of suggestion that you will get like, i’ll give you my account and you can put it in there.
Yes you need to get professional accounting advice if you have a company the person doing those accounts should be able to help, at all times any lending from you to it or it to you must be arms lenght and documented I do lend to my companies and they do lend to me put robert my account organises it and even cheques are reqested and counter signed it does become a little bit of a pain but a lot less if you get audited by the ato.
so chat to your accountant.
sorry to say this but if your up to your 4th ip you should have done this 4 houses back. when you setup your structureshere to help
hi
read the post and the one in the mentor group it say time to get real.
I thought they had said thats it lets get himhere to help
hi jen
will make it quick
1st we are all scared some more then others.
sell the units off and put it back is ok just watch your structure for tax.
you can ask for along settlement put here one for outside the box.
get a long term settlement get an investor who wants to invest in these units sell at a lower price to them and they fit them out making sure you have a bit of fat in the units you off load
get them to pay up front some money to get you over the equity problem.
look out side the square and you will get over this little rpoblem and not sure if camder will like me saying this but if I say email me dazzling will try to jump down my neck so email camder and he will give you my last sugestion for his little equity hump in the road.
don’t all email himhere to help
hi richo
everybody might hate them but get in good with areal estate agent and you get most of this info for free and get as micro as you like as its your money you are losing if you don’t do enough.here to help
