itchyfeet

itchyfeet replied to the topic O/S Property Financing Options in the forum No Subject 18 years, 9 months ago

Hi Richard,

The properties are located in one of the Pacific Islands.

Regards,

ItchyFeet

itchyfeet replied to the topic O/S Property Financing Options in the forum Finance 18 years, 9 months ago

Thanks for the info Grossrealisation – I will check out the options you mentioned.

Cheers,

ItchyFeet

itchyfeet replied to the topic Structures – Company v’s Trusts in the forum Legal & Accounting 20 years, 2 months ago

Hi Fluffy,

I have purchased 2 investment properties in NZ using a company/trust structure (the company is the trustee – my wife & I are directors). I dealt with Russell from the following law firm in Queenstown and found him excellent. He set up everything for me at a reasonable price and the service was great.

http://www.queenstownlaw.co.nz

Good…[Read more]

itchyfeet replied to the topic Tax & NZ investment (getting the $ out) in the forum Legal & Accounting 20 years, 8 months ago

Hi Steve,

I take your point but I am still in the ‘due diligence’ phase of the contracts (another 10 days to go) and settlement is not for another 2 months. I have already sought NZ legal advice and have a way to get my money out – I was simply exploring other (more direct) options. The deals were good ones and I didnt want to lose the…[Read more]

itchyfeet replied to the topic NZ Lease Option System in the forum Creative Investing 20 years, 8 months ago

Thanks Lucifer_au – that was a good link.

Any ideas where I get hold of some LO templates (NZ or Aust?)

Cheers,

ItchyFeet

itchyfeet replied to the topic Cheapest way to send cash overseas? in the forum Help Needed! 20 years, 8 months ago

My Brother transfers a lot of money overseas with his business and he swears by Travelex (www.travelex.com.au). I think the thing to watch is not how much they charge you up front, but the exchange rate they use. You can lose 10% of your money if you go through a normal bank (compared to the international money market rates).

Cheers,

ItchyFeet

itchyfeet replied to the topic 100% finance on NZ IPs + tax implications in the forum No Subject 20 years, 8 months ago

I am also very interested – tell us more!

Cheers,

ItchyFeet