Forum Replies Created
- Originally posted by MortgageHunter:
Chan,
You missed the 12 month period which you can apply in.
Apply now and it will be automatically rejected.
Then appeal that decision on the basis that you didn’t know your entitlement.
Maybe you can pretend you didn’t understand because of language problems?
Call me if I can explain it further.
Cheers,
Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
Thanks Mortgage Hunter. I will try to call sometime later as I am on training at the moment!
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]Mortgage Hunter & SIS,
Just to make my question clearer, here is my situation:
Step by Step:
0. Never own any property before 1 July 2000
1. Bought IP1 in Sept 2000
2. Bought Ip2 in April 2001
3. Bought PPOR in June 2001 (can I claim FHOG? at that time I did not put in a claim because I think I am not eligible.Can I go back and claim FHOG that I bought in 3.
Thank you for your help.
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]Originally posted by Rugbyfan:That’s great Chan$, I love it.
You have to keep it for a week though.
Your from Sydney too right?
‘Eat rich food, barbeque a yuppie’
Sure am! which part of sydney r u from?
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]unchanged please!
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]Originally posted by MortgageHunter:Chan$,
If you have never lived in them and didn’t own property before Jul 2000 then you are elegible for the FHOG.
Cheers,
Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
If I have not claim the FHOG when I bought my PPOR in 2001, can I go back and claim it?
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]Originally posted by ez-rent:Ah, gotcha!
I could do this – I’m wondering (out loud!) how much people would want this. There is a free property management software out there (whos name I’ve forgotten!). It may be worth you looking for it.
But then again, I guess it could be convenient to have this as part of ez-rent. The question is, whether its better to improve ez-rent to be a better simulator/calculator or make it into a multifunction property management application.
I’d love to hear people’s opinions on this??
Originally posted by yack:What I want to be able to do is add receipts and expenses.
eg When i receive my july statement from the RE agency, I want to be able to add the income and what the commission was. I would also like to enter the date and details eg. agency.
And when entering expenses i would like to enter the type of expense eg. rates, date of transaction, inv number, and payee etc.
So its also like an accounting package and you can enter transactions and have a P & L Report and you can use it for tax purposes as you can record transactions.
Please let me know if you are not sure what I mean. You can email me and we can have a chat if you wish.
EZ-Rent. The free tax and cashflow simulator for Australian property investors.
http://www.ez-rent.comGo for it ez-rent. I will try to find those one (PM software)….
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]Originally posted by aussierogue:you guys are unbelievable – although i thought kays answer was great.
why everyone needs to make it so complicated.
youre all wrong
heres another clue
what doe one usually find in a wardrobe in a bedroom??
hehehe – this is a crack up[:o)]
underwear I suppose?
Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]pg,
check out how many posted I got now?Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]Originally posted by Rugbyfan:You like it do you, well I dare you to change it for a week!
I am from God’s own country (the wonderful city of Sydney).
‘Eat rich food, barbeque a yuppie’
Rugbyfan,
Take a look below!Warm Regards
ChanDollars
[Keep going, you’re on your way to Frolic Freedom!]I think the best way to start is use other people equity to buy your first ip if you don’t have any deposit. Ohter people equity like your parent, uncle, aunty….or may be joint venture wher you find a property and the other party put down the deposit.
Good luck with your journey…
Warm Regards
ChanDollars
[Keep going, you’re on your way to financial freedom]I think anytime is the best time to start, but like westan said learn as much as possible from this forum and read as many books as you can. May be consider saving useful tips to where you can get your hand on later.
Investing in property is not an easy journey, but it’s worth it at the end.
Warm Regards
ChanDollars
[Keep going, you’re on your way to financial freedom]Originally posted by Chan$:20mb? you got to be kidding!
Good luck Ian, but I don’t many of us here willing to try with 20mb.
May be when I get back to work 2 week from now then I will give it ago!
Ian,
Try to come up with 2mb or less. You are a programmer I know you can do it. I am a programmer too.!
Warm Regards
ChanDollars
[Keep going, you’re on your way to financial freedom]Add to quote!
But not a good programmer…LOL…
Warm Regards
ChanDollars
[Keep going, you’re on your way to financial freedom]20mb? you got to be kidding!
Good luck Ian, but I don’t many of us here willing to try with 20mb.
May be when I get back to work 2 week from now then I will give it ago!
Ian,
Try to come up with 2mb or less. You are a programmer I know you can do it. I am a programmer too.!
Warm Regards
ChanDollars
[Keep going, you’re on your way to financial freedom]Originally posted by melbear:Mick
I’m on broadband, and I’ve tried again this morning, with same result.
Chan, I thought you were lending your video to PG?
If i was in sydney I’d borrow it, but I’m not, so I guess i’ll survive having missed the show!
Cheers
MelI can alway make a copy.!
Warm Regards
ChanDollars
[Keep going, you’re on your way to financial freedom]Originally posted by Julian:Hi ez-rent,
Is it a “junior” of PIA, but FREE, Right!Regards
JulianTHERE IS ALWAYS A BETTER WAY!
Julian,
Why not just download it and have a try. It is for free. Nothing to lose. Have a good if you dont’ like it, just don’t use it. But I can tell you it is go because it has checklist where most of other software don’t.
Warm Regards
ChanDollars
[Keep going, you’re on your way to financial freedom]I am in the process of buying a couple of houses in SA. I don’t any deposit at all. I do this by negotiate with the agent to ask the vendor whether it is ok.
So it is base on negotiation up front.
Warm Regards
ChanDollars
[Keep going, you’re on your way to financial freedom]Originally posted by georgisj:Chan I think Westan was saying if you are on a salary of $100k, a capital gain, in this instance, would effectively make your assessable income $200k. The additional $100k, would be obvioulsy taxed at the marginal rate of 47%. Therefore the $47k figure.
James
Thank James, I missed that bit. So it’s all good here. Sorry Westan.
Warm Regards
ChanDollars
[Keep going, you’re on your way to financial freedom]I think timing is very important. May be at this point in time, there are no buyer who looking for this kind of property. If there is may be those still think it’s over price by not looking close enough. or may be they think and worrying when is going to be the next interest rate rise.
Sometime in the hot market, there are property for sale with no buying,,,,again timing….
just a thought.
Warm Regards
ChanDollars
[Keep going, you’re on your way to financial freedom]Originally posted by Lucifer_au:It looks great for negative gearing… but what happens if you are positive gearing???? Of course the figures don’t work out… But wouldn’t your target market be bigger if you could put in option for negative gearing or cashflow postive properties??
Rgds.
Lucifer_auWhat your are saying is not true. The software is work for both -ve & +ve gearing.
I found the software quite good. The only this I like to add is the scroll but is too fast and it keep default to max value. May be you can do something about it.
Warm Regards
ChanDollars
[Keep going, you’re on your way to financial freedom]Hope this is not a silly question.
I bought my first investment property in Sept 2000. Prior to July 2000 I never own any home. Will I still legible to FHOG?
As I am now own more than 1 IPs I am sure I won’t be legible, but just wondering and confuse that’s all.
Warm Regards
ChanDollars
[Keep going, you’re on your way to financial freedom]
