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Viewing 6 posts - 1 through 6 (of 6 total)
  • Profile photo of HartfamHartfam
    Member
    @hartfam
    Join Date: 2009
    Post Count: 8
    September 29, 2009 - 8:21 am

    Stumpcam – geez $6k, it doesnt really seem worth it to get a deduction of $6k!  And then further down the line not receiving any tax deduction.
    j900 – we take lots of holidays and it is a nice problem to have but if we can reduce tax legally then its worth looking into.

    Property isnt looking like a great benefit then, will just see what the planner has to say I guess

    Thanks all :)

    Profile photo of HartfamHartfam
    Member
    @hartfam
    Join Date: 2009
    Post Count: 8
    September 29, 2009 - 7:08 am

    Hi Richard,
    I believe you cannot have family members in the property and I am not employed by this company either.  I do hold some shares in the company who will rent it though, do you know if that is an issue?

    Thanks

    Profile photo of HartfamHartfam
    Member
    @hartfam
    Join Date: 2009
    Post Count: 8
    September 29, 2009 - 2:34 am

    j900 – if managed funds are a massive tax deduction isnt this a good thing for what we're after?  I know NOTHING about managed funds mind you!!
    I am aware however, that the planner might try and get us to buy into a product which he  receives a commission so I will be avoiding that like the plague aswell.

    Profile photo of HartfamHartfam
    Member
    @hartfam
    Join Date: 2009
    Post Count: 8
    September 29, 2009 - 2:30 am

    thanks Kenny – Ive just had a look at some properties from that website you gave me.    I hoping for some really good advice from the planner as we're ready to do something, just dont know what!!

    Profile photo of HartfamHartfam
    Member
    @hartfam
    Join Date: 2009
    Post Count: 8
    September 29, 2009 - 1:26 am

    Mining :)

    Does anyone know any or predict any suburbs/areas which are good to invest in?  I have made an appointment to see a financial planner aswell so hopefully we'll come away with some good strategies.

    hartfam

    Profile photo of HartfamHartfam
    Member
    @hartfam
    Join Date: 2009
    Post Count: 8
    September 13, 2009 - 11:10 pm

    Hi Naomi,

    We are also considering buying an investment in the US – there are some nice ones in Florida which is close enough to New York and is a holiday spot for people going to Miami etc.
    Did you have any luck getting hold of a tax accoountant?
    Have you purchased yet?

    Ive just joined this group today after doing some research on the net at properties.  Its a bit sad seeing all of those foreclosed properties though…

    Jo

Viewing 6 posts - 1 through 6 (of 6 total)