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Viewing 15 posts - 1 through 15 (of 15 total)
  • Profile photo of McNormanMcNorman
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    @mcnorman
    Join Date: 2008
    Post Count: 20

    Anyone still looking to set up a US bank account could try Wachovia.
    I have the fee free checking acc, it cost nothing to set up and no monthly costs, even got a debit card + internet banking for free.
    I did however get hit with a $25 fee when ozforex transferred money into the account.

    I had it all set up by Pam Troutman, she was extremely helpful,  ph is ((0011)14043326763) or email [email protected]

    Hope this helps
    – Mick

    Profile photo of McNormanMcNorman
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    @mcnorman
    Join Date: 2008
    Post Count: 20

    Thort it sounded a bit suss.
    Anyone read Lance Spicer's "the tax solution"? There is a write up about this in there, page 71.
    Says "as long as it the land adjacent is used primarily for domestic or private pourposes in accordance with the dwelling".

    Profile photo of McNormanMcNorman
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    @mcnorman
    Join Date: 2008
    Post Count: 20

    thanx scott, ill giv it a go
    if not ill keep as much as my income can afford
    and try find a high intrest saver account to put it in

    Profile photo of McNormanMcNorman
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    @mcnorman
    Join Date: 2008
    Post Count: 20

    Not bad at all blogs, how did you get the info for that one to start with?

    I havent had anything to do with the stock market yet
    but am studying it at the moment and just about ready to start trading.

    Profile photo of McNormanMcNorman
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    @mcnorman
    Join Date: 2008
    Post Count: 20

    company announcements + newspapers, from recollection i think its 2500 workers at rio expansion, 2500 for the nickel plant, 3000 at the coal port expansion and another 5 or so for the 2 LNG plants all peak work forces of course

    My bro runs a motel there in G town, rio asked to book out every room for a year haha

    Profile photo of McNormanMcNorman
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    @mcnorman
    Join Date: 2008
    Post Count: 20

    over the next few years theres supposed to be something like 10,000 new jobs in construction alone there,

    if you register with people recourcing, axial etc you should get a job in no time

    Profile photo of McNormanMcNorman
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    @mcnorman
    Join Date: 2008
    Post Count: 20

    does anyone know if u can you keep youre FHOG if you buy an IP through a trust in QLD?

    Profile photo of McNormanMcNorman
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    @mcnorman
    Join Date: 2008
    Post Count: 20

    Im in the same boat atm, heres cpl ideas that Im thinking

    1. getting a few intrest in advance loans

    2. taking a few months off work unpaid (use this time to study and invest)

    3. stocking up on office equip, reno supplies, tools etc etc

    4. restructuring
    all my investments are owned personally :(
    So if I set up company/trust to purchase any new investments, can I claim the costs of setting up company personally or is that something that the company has to claim?

    Profile photo of McNormanMcNorman
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    @mcnorman
    Join Date: 2008
    Post Count: 20

    Do you reckon some one else would refund the $20k to you? I think not

    Profile photo of McNormanMcNorman
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    @mcnorman
    Join Date: 2008
    Post Count: 20

    so i could still move into the old PPoR, for say a month then sell, with no CGT.

    even tho i have owned another PPoR since?

    I think after reading a couple of other posts, this mabee correct if i stay long enough to get a power bill, etc
    I have PO box so mail change is no prob

    Profile photo of McNormanMcNorman
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    @mcnorman
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    Post Count: 20

    Bloody hell, yeh i did buy another PPOR after that. So I spose that buggers up that idea

    Thanks for the help anyways

    Profile photo of McNormanMcNorman
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    @mcnorman
    Join Date: 2008
    Post Count: 20

    NAB choice package, $370/yr,

    no fees + cheaper rates

    Profile photo of McNormanMcNorman
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    @mcnorman
    Join Date: 2008
    Post Count: 20

    pros – cheaper props like you say, more room for % capital gains

    cons – low average income town, alot of uni students and dole bludgers

    Profile photo of McNormanMcNorman
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    @mcnorman
    Join Date: 2008
    Post Count: 20

    ok, this is interesting, 

    i have a property that was my PPoR for over a year,

    i have been renting it out for 3 years now,

    if my tennant moves out, and i wanted to sell,

    i could "move" in for a couple of weeks, sell, then pay no CGT.

    Surely this cant be right? Sounds mighty fine if so, woo woo

    Profile photo of McNormanMcNorman
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    @mcnorman
    Join Date: 2008
    Post Count: 20

    Went 18 yrs with glasses, got lasik for 7k 3yrs ago, best thing ever done

Viewing 15 posts - 1 through 15 (of 15 total)