Just a quick subject that might attract some interest:
If a written offer is accepted have you committed to buying the house? Yes, if you don’t have a clause with subject to:
1. Finance approval within XXX days.
2. Building Inspection Report to purchaser’s satifactory
3. Pest Inspection Report to purchaser’s satifactory
4. Other….
I know you can make the offer ‘subject to…’, but does that mean subject to anything? As above
Under what circumstances would you be required buy law to purchase the property? And does it differ form state to state? When your clause gone through…finance, building, pest…OK
yes it’s different from state to state.
Any replys are greatly appreciated. []
Luke.
Warm Regards
ChanDollars
[Keep going, you’re on your way to financial freedom]
Anyone concerned by the ATO’s announcment that they intend to target company/trust structures set up to minimise tax by redistributing income?
I would imagine this may affect quite a few people from PI.com. Apparently some test cases are prepared and ready to roll, to ensure that if it isn’t a business by ATO definition, you will be paying marginal rates.
If you set up your company/trust properly and documents/records everything you do then you should not be worry about anything….every is legal and documented like trustee minutes of meeting….income and expenses…
Warm Regards
ChanDollars
[Keep going, you’re on your way to financial freedom]
I think it’ll be a little longer than 2 years for me. However, since i’m apparently going to live to 101, I should still have a few years of retirement to enjoy [:p]
Judi
that’s depend on how old you are now. if one is > 98 years old than the shorter the better….LOL
Warm Regards
ChanDollars
[Keep going, you’re on your way to financial freedom]
Viewing 20 posts - 1,721 through 1,740 (of 2,330 total)