Forum Replies Created
Guys,
From my Knowledge Double Duties are payable but not by you,,Double duties as in You pay duties for Onselling and the buyer you sell to pays Duties Obviously,,I have advice that this is correct in Most states I have dealt…..I meant that,,I move out of our PPR ,,rent that out for say$300 a week rent another premises within our margin of $ 300-$350,,claim back interest,,I have only one home loan and in effect can I also claim depreciation on the building up to 40 years and on the single items,,,,plant etc,,,,,,,,say my depreciation is $7000 because it is a new home,,,can I claim teh full amoutn or is it my taxable amount of 30% of that $7000??????
Cheers
DamianI wanted chan &naylor to do my tax refund for my wife and I ,,,we expected that to pay top dollar we would get alot abck and use there expertise advice,Along with financial health check,,,I will admit I was rushed with the interview ,,but I willa dmit once they found out I was a member of destiny,,,the financial check got canned,,they charged over $210 each for each personal refund even though my wifes were straight forward and she only earned about $20,000 that year and I walked away very very unhappy,I found them not pleasant at all ,and to top it off they completed the tax refund in a office with no computer and only a writing pad,,,I assumed to then go off and charge me more for there time while they inputted the data into there computer,,,,,,,,,, Only my personal experience but NEVER AGAIN……!!!!!!!!!!! CHAN & NAYLOR
I am told that you can rent out your PPR and rent a property fro a similar purpose,The benefit you get back could be up to/more than about $26,000 ,I envisaged thsi to be the sort of deal where really both rents equal out and you end up basically with your normally home loan but with a bonus of Approx $26,000 extra tax at the end of the year?????? tax is not my forte
Any Help
Terryw,
I dont think that's Quite the answer Clareow,was after you have gone off on a tangent ,I think they were more interested in how their pay packets can reduce there mortgage or how can they use this offset account to reduce there mortgage??? etc etc I could be wrong but that is how I read this…..Matt,
I can't believe it has been 6 weeks,I have been very busy with my researching and Investment property finding,I have currently started working with a very reputable company on the east coast anad feel very happy about how this is progressing, progressing,I am always looking to match my property research with as many clients as possible but find My biggest problem so far is that because I can dedicate so much time to this "Due diligence" research I have more properties than clients,I do admit that after only 6 weeks work this is a great acheivement and only just the beginning of my journey.
FEEL FREE TO EMAIL FURTHER OR pM ME.Cheers
HELLO ,
I dont really want to be writing in my own post,But I have noted how many people have read this and are interested to know of any,I mean any of your views on this?I might be calling this the wrong "title"I mean research find property to onsell or pass on for a fee?Is this flipping?That is the end result but I am mroe after a research orientated position I provide to then on-sell,I drill down to facilitate customers needs specifically rather than finding a property and then trying to find someone interested I am mroe after customer coming to me myself finding the client asking them their specific property needs then providing that for a cost? Hope that makes sense.. I say again please all get involved and help with thsi post any information would be greatly appreciated..Thanks
I am also interested to hear from others who have time on their hands and have ventured down thsi road?Surely I am not the only one who has ventured into this sort of offer/arrangement?,
Hello,
You can find some information on realestate.com.au,,under free suburb reports,You can find information possibly under REINSW, Suprisingly you can even type into Goolge" demographics of xxx suburb" or even "Population of xxx suburb" that gives out alot of new information,Also dont dismis the ABS,Australian bureau of statistics.
How about that?IS IT POSSIBLE TO PAY A REAL ESTATE AGENT TO ACT ON YOUR BEHALF?
Then when we enter the Domain of websites,we enter a whole new ball game of ,,generating leads to target specific traffic to my website etc etc ,,,gaining adwords campaigns,it must be easier than that,Dont get me wrong I am all about hard work and plenty of it,,but that is venturing into internet marketing with websites ect
Dont you agree
Guys,
Cheers for your help as for building again too much of a headache and quite honestly wrong time now we were lucky in our timing with this first one,As the next response what is PPOR? This is the first Question I should ask before investing? and your right we Owe above $350k and is valued anywhere (by bank and real estate paper evaluation,)from $480,000-$500,000 so where does this get us? in calculations how do I work out how much I need to borrow without going over the 80% LVR,LEVERAGING ECT,What do we need to aim for? figures figures figures show me if you could???Many thanks
[suave3] Thank you for your reply and I have had a quick look at the fast track 2 DVD site and about to check out your site as well but once again ,I feel i need the basics to start with:–
!) understanding the basic principles of real estate
2) understanding real estate lulls and highs property cycles
3) being able to read the market and understand whether I am buying in at a high or low in property prices?etc etc then from there I will be able to start reading all these posts and the other good stuff,,,,,I have read Steve Knights 0-130 properties book btu they are all strategies books not basic introductions books that is where I am at now and I feel positive about starting at the beginnign and having a solid base understanding before continuing.
Many thanks
