Josh Atherton replied to the topic New Investor – Glastone in the forum General Property 13 years, 5 months ago
Pommy Ian,
it depends how long you want to keep this property. I am not making any predictions don’t get me wrong here. I would do your research into the construction workforce and the long term workforce of the projects that are / being planned to happen.
What i mean by this is to ensure that over the next 5 years the projects may employ 5000…[Read more]
Josh Atherton replied to the topic Help please, I dont know what to do about my investment property in the forum Hi Debbie,
I own a property 13 years, 5 months agoHi Debbie,
I own a property investment business and am based in Noosa Heads. Without trying to sell you a property here our network/team are all based on the sunshine coast and provide their own professional experience and charge accordingly as any other professional may. I am always happy to help a local and sit down and have a coffee and run…[Read more]
Josh Atherton replied to the topic Advice in structuring and starting my property portfolio in the forum Help Needed! 13 years, 5 months ago
Qlds007 wrote:
Hi JoshWould slightly disagree as if Johny buys them in his own name with next to nothing by way of income he wont have anything to claim anyway. If he buys them in his partners name then this could be different.Remember any Capital Allowance that is claimed reduced the Cost Base down the track should the Asset be s…[Read more]Josh Atherton replied to the topic Advice in structuring and starting my property portfolio in the forum Help Needed! 13 years, 5 months ago
Qlds007 wrote:
Hi JoshIf Johhny buys the property in Trust he cannot claim the Depreciation anyway so buying an older property and renovating is not going to make any difference to his strategy as the idea is to generate income not Tax deductions.CheersYours in FinanceHi Richard,
Sorry i didnt make my point to clear there, if it was me i…[Read more]
Josh Atherton replied to the topic Advice in structuring and starting my property portfolio in the forum Help Needed! 13 years, 5 months ago
Hi Johny,
Firstly i would look seriously at the renovation aspect of your strategy. I know it can provide some good initial capital gains, however i would firstly look at the tax benefits it may bring. There are two people who should be paying your investment property off for you. 1. Tax Office 2. Tenant. I am assuming you may spend $50k or so…[Read more]
Josh Atherton replied to the topic Bowen Basin QLD Mining Towns – Opinion on offer in the forum Help Needed! 13 years, 5 months ago
M Y wrote:
Hi everyone,
I’m heading up to Blackwater in a couple of weeks time to have a look around and maybe an investment property.Does any one have any tips of where to buy or where not to buy? Anything I need to watch out for while I’m there?
Thank you
MY
Hi MY,
To start with you have chosen the right area to invest in. I have 10…[Read more]