Forum Replies Created
- JacM wrote:janinewool – I don't know how the couple of hundred layoffs at Ford would "affect Corio". Of the people that live and work at Ford, not all of them live in Corio. Further, of those that do, if they lose their jobs, they will simply go on Centrelink Benefits and can carry on living very comfortably.
Yes I guess centerlink will step in. Point taken
Speaking to a local and he said this layoff Ford is doing will really effect Corio. It might pay to watch it for a while.
Thanks everyone. I think we might put an offer in over the next week or so. It has been on the market just over a month and is a deceased estate so who knows how quickly they want to sell. Anyway I will let you know if we do make an offer. Thanks for the advise.
Thanks for they replies
IP Freely wrote:janinewool wrote:If you sell your house the tariff stays with the house.As far as I know, it id the occupant who enters into a supply contractwith the energy company at the prevailing feed-in tarriff. If you change supplier or tenant or contracted parties you go on yo the current tarriff. The high feed in tarriff is no longer available to new customers…..It does not pass with the house. As far as adding value, sp are a diminishing asset,the return generated is linked to usage, feed in tarriff & efficiencies of the system. Greater efficiencies are becoming the norm due to technological advances, reduced capital costs etc. From a val. perspective, running costs are not part of the considerations when determining value (like good design) so returns aren't considered material in the residential valuation methodology.
This is how it goes in Victoria;
The Premium Feed-in Tariff is linked to the property where the solar panels are installed, so when moving house you cannot take the Premium Feed-in Tariff with you. But any house which is signed up to the premium scheme will remain eligible until 2024, even if the house is sold and new residents move in.
This is from here http://www.dpi.vic.gov.au/energy/sustainable-energy/solar-energy/solar-energy-for-consumers/feed-in-tariffs/premium-feed-in-tariff
Cheers
JanineIf you sell your house the tariff stays with the house.
Terryw wrote:janinewool wrote:Boy Terryw you have it worked out. Any chance that you know any good accountants in Melbourne's east that I could see.Cheers
Janine
There is House of Wealth. James. A google should bring up the contact details.
Thanks terryw, I will check them out.
Jamie M wrote:No worries Janine – I'll be back in the country mid week.Cheers
Jamie
Hi Jamie
I have emailed you for some information.
Cheers
JanineBoy Terryw you have it worked out. Any chance that you know any good accountants in Melbourne's east that I could see.
Cheers
Janine
Thanks Terry
That’s a lot to think about.
Cheers
JanineWow Chris there are so many trusts and heaps of reading for me to do.
Jamie I will contact you shortly and see what the best way is to structure our future IP’s.
Cheers
JanineThanks ChrisA1, looks like I need to find an accountant that knows what they are talking about and sit down with them to discuss all the options.
Cheers
Jnaine
Hi JT83 , I hope we both learn and achieve what we are aiming for. Im glad we are not the only beginners on here.
Thanks Jamie for your advise. Is there a list of brokers on here near us that we could refer to? Do we need to put the PPOR is my name before we start anything? There certainly is alot to think about and lots to do before we invest.
Cheers
JanineHi Jamie
Thanks for the reply. We are just looking for the best way to structure and set this up to protect our PPOR if anything happens. Some books talk about setting up companies with trusts and others just say trusts, its all very confusing and we are very new to it all.
In regards to borrowing I haven’t looked into what we could borrow but my husbands wage is over 100k and I work part time earning around 28k. We own our cars and have a 10k credit card.
Cheers
Janine