Total Members: 159,187

MauriceS

  • MauriceS replied to the topic Drainage plans City of Banyule in the forum General Property 13 years, 9 months ago

    Try www.dialbeforeyoudig.com.au Regards Maurice

  • MauriceS replied to the topic tax question in the forum Legal & Accounting 13 years, 9 months ago

    Hi NatalieThe cleanest way to go about what you are trying to do is, when you refinance split the loan into 2 parts so you know exactly how much interest you are paying for your orginial loan which will be tax deductiable and the personal use which will not be.  Regards Maurice

  • MauriceS replied to the topic First time developer, need assist in the forum Help Needed! 13 years, 10 months ago

    Hi RoverI can definitely recommend estate master l use it all the time there are a few different modules.  Great for feasilitiblites and great for cost to complete analysis. It is basically an excel spreadsheet on steriods and cost l think is in the $2000-3000 range per licence.Regards Maurice

  • MauriceS replied to the topic SMSF and IO property investing. in the forum Finance 13 years, 10 months ago

    I would suggest looking at a SMSF around the 300k mark

  • MauriceS replied to the topic Development Finance – advice on good commercial broker/lender in the forum Finance 13 years, 10 months ago

    Hi KevI can definitely recommend that you speak to Alistair or Cameron from Perry Finance.  Regards Maurice

  • MauriceS replied to the topic Different trust types in the forum Legal & Accounting 13 years, 10 months ago

    Hi Chalkergroup,It all depends on what you are trying to achieve with your investing and what type of property you are investing in as to whether it is a pro or con.  Are you able to provide more information on what you are trying to achieve?Regards Maurice

  • MauriceS replied to the topic First time developer, need assist in the forum Help Needed! 13 years, 10 months ago

    Hi JennyI had pretty much the same questions as you have just mentioned last Friday but in regards to a unit trust structure with a corporate trustee.  I have previously done some work with Alistair and he definitely knows his development finance.  I would suggest maybe you get in contact with Alistair and he will be able to give you detailed ans…[Read more]

  • MauriceS replied to the topic SMSF and IO property investing. in the forum Finance 13 years, 10 months ago

    Hi Street MonkeyYou probably do not have any money in super at the moment to warrant setting up a SMSF.  You need to remember that there are a few compliance costs that come along with a SMSF.  Regards Maurice

  • MauriceS replied to the topic Best Suburbs in Melbourne $300k-$400k – General Suggestions in the forum Help Needed! 13 years, 10 months ago

    In my opinion l would have to say anything on the Mornington Peninsula.  I would expect the growth to come after the Peninsula Link freeway is complete which is currently scheduled for early 2013. The freeway is going to be linked to Eastlink and will bypass Frankston which is going to cut travel times considerably.  Regards Maurice

  • MauriceS replied to the topic Accountant Needed!!!!!! in the forum Legal & Accounting 13 years, 10 months ago

    Hi Mitch,As l don't have full knowledge of your situation and what has been setup for you.  I can't give you specific answers to your questions.  But l can give you some general answers but you would have to see your accountant to specific answers to your situation.* A company will need to lodge a tax return each year it is in business* The…[Read more]

  • MauriceS replied to the topic Accountant Needed!!!!!! in the forum Legal & Accounting 13 years, 11 months ago

    Hi Mitch,Welcome to the forum! Its a good idea to get your trust tax return done before your pesonal tax return as any profit distributions that are distributed to yourself will need to be included in your personal tax return.  As l don't know all your personal details it would be hard for me to comment on your company and trust tax returns for t…[Read more]

  • MauriceS replied to the topic More on Discretionary Family Trusts – how to do it in the forum Help Needed! 13 years, 11 months ago

    Hi Gavsam,You need to remember that any structure you put in place is inline with your overall goal and outcome you want to achieve.  Without giving you any personal advice on a public forum and not knowing your personal circumstances or the entire content of the information you were given.  My advice to you would be to get a second opinion from…[Read more]

  • MauriceS replied to the topic Where are Capital Growth Suburbs in Melbourne? in the forum Help Needed! 13 years, 11 months ago

    Hi Runaway,In my opinion l would have to say anything on the Mornington Peninsula.  I would expect the growth to come after the Peninsula Link freeway is complete which is currently scheduled for early 2013. The freeway is going to be linked to Eastlink and will bypass Frankston which is going to cut travel times considerably.  Regards Maurice

  • MauriceS replied to the topic Savvy Options Agreement Solicitor in the forum Legal & Accounting 13 years, 11 months ago

    Thanks Paul,I have heard of Lewis O'Brien I'll give him a try.Regards Maurice

  • MauriceS replied to the topic Property Developement in the forum Help Needed! 13 years, 11 months ago

    Hi CharlesMy advice would be to learn by actually doing a small development either a 2 site subdivision or a renovation project to start with.  Good luck with it.

  • MauriceS replied to the topic Subdivision investment plan. Help needed in the forum Help Needed! 13 years, 11 months ago

    Hi Kid,You may need to check with a planner on whether you are able to subdivide a 500sqm block.  Most (this is only a generalisation) councils require 300sqm per block but there are a lot more factors to consider such as set-backs, whether there are units in the area, council overlays etc

  • MauriceS replied to the topic Six unit site Frankston Vic in the forum Help Needed! 13 years, 11 months ago

    Hi FFI have just noticed your post.  Its a shame that you missed out on this opportunity.  If you are continuing at looking at projects within the Frankston area l have an excellent planner that l could refer you to. Send me a messaage if you are interested. They are based in Mt Eliza.

MauriceS

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