Hi,

Also, feed and water your crew,even the paid employees. This will have a dramatic impact on the mood at the job and productivity. (no beer till tools down, don’t want any missing fingers.)
.
Henry.

Hi YC,

No problems to set up a NZ company/trust structure. It can be done in a few hours if you need it to be. The things is that to qualify as a NZ resident corp there are certain requirements to met in relation to NZ shareholders. That isn’t really difficult to overcome.
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If distributions are made to you (capital or income) you will be taxed…[Read more]

Hi stingray,

6k[happy3][happy3] ???

Take it to the casino and put all on red …
..
If you win all on black.
[specool]

henry

Hi Chan

I hope that was a joke about the property still being there cause the rent is still coming in………[sleepyanim]

Henry

All,

Try the refresh button on the keyboard if the page is stuck. Worked for me.

.
henry

Guru,

Thanks for adding mine.

Henry

Hi fjficm,

Not really an arms length transaction by any stretch of the imagination.
.
The definition of a CGT event is extremely broad. As far as I remember monopoly is right. They would only be interested in the market value at the time of the CGT event ie the date of contract.
.
Hardly seems fair though.
.
Henry

Hi CD,

Good point. Still good opportunities out there.

Henry

Yeah, I have read that RK book too. I’m might give my crocery receipts to my accountant as see what he does with them. The expense must be incured in the production of income. Personal expenses are just that, Personal.

Hello Misty,

The short answer to your questions is no. What I think you were asking is can you claim the value of your labour as a tax deductible expense in relation to an investment property in Australia.
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There a many reasons for this and a lot of them have to do with the way income tax laws developed in this country as opposed to…[Read more]

Michael,

Thanks for taking the time to provide such a detailed response. Raised a lot of issues that I would like to do some research on. I might raise the issue again some time when I have a some more specific questions. You sound like you are experienced in those markets and have shown that you have a wealth of knowledge.

Henry
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Hi Bigben,

I agree with you ( I know it was a old post) there is some merit in certain parts of islington. However, the idea that street prostitutes will move just because middle class families move to the area and pay alot for the homes is not a reality.
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A more likely senario is that the pros will stay and the resident will pride themselves on…[Read more]