Hi George

I have indeed got both of those titles in my bookshelf (and on my computer[]

Cheers
Mel

Hi guys

I’ve always had the same problem. It appears that once you go to Private Messages first, the system ‘resets’ your last login time to that time, so instead of saying that you last logged in yesterday, and showing you all topics since then, it says that basically you last logged in 5 minutes ago – hence very few active topics.

I’ve given…[Read more]

Lawry

If your unit is 11 years old, you will still have a goodly proportion of building to depreciate. Also, you will be able to depreciate carpets, curtains etc. etc. so it will definitely be worthwhile to get a QS report.

AS for what is better, to rent elsewhere or to stay in yours. You say your current home would be negatively geared if you…[Read more]

Noam

Sorry to hear that you need the money urgently, but hate to tell you that you won’t see any of it until completion anyway. That’s the prob with OTP onsales.

Why not see if you can replace your cash deposit with a bank guarantee or a deposit bond? The developer may well go for it, and that way you’ll have your deposit back, and still be…[Read more]

Elves, I wish I could do the same with my credit card….

The bank (and the ombudsman when I rang them) said that even though I have cancelled my card!! the credit card is a worldwide thing, so they can’t stop it being debited. Apparently with a bank account, you can just close it and they can’t come after you anymore, but not with credit…[Read more]

Hi Sibo

Been trying to catch up on posts, and only just got to this one.

My alternative cashflow strategies will include investment in a livestock breeding program, which will return fairly awesome cashflows if all goes according to plan.

Cheers
Mel

Hey guys

It’s a Tupperware product.

Good for shapes – you have to find the right hole to put the shape through, and also for counting – the shapes all have numbers on them.

Can’t believe some of you didn’t have them as kids. They are fairly indestructible too, my nephew is probably about the 5th kid to have a crack at trashing them!!

Cheers
Mel

Did aussierogue ever tell us the answer to his riddle about the person getting the package from the shop?

Farmer takes goat across river, goes back.

Takes wolf across, brings goat back.

Takes cabbage across, goes back.

Takes goat over.

How does he keep them all separate on land?

Cheers
Mel

I think negative gearing definitely has its uses. If you don’t plan to retire *immediately*, and can afford to put some $$ towards the property each week, then it can enable you to buy a property that will have growth.

I have found that my neg properties have grown substantially over the past 10 years (even before the boom). The tax returns…[Read more]

[smartass] – This is me.

Cheers
Mel

I think ‘they’ think he is in America, or so the story went in one of the newspapers (no idea which) last week.

Wonder if he’s setting up business there? He’s said he won’t be running seminars here anymore.

It’s funny too, I’ve noticed that a lot of companies that were affiliated with NII and Henry Kaye (and I believe still are – I’m sure he…[Read more]

Hi Fish

I did a search for Tony Barton, and came up with a few results – although most were asking the same question you have.

However, this post includes one from the man himself with an email address for him. Hope it helps.

https://www.propertyinvesting.com/forum/topic.asp?TOPIC_ID=154

Cheers
Mel

Thanks George

Yep, I’ve got Wealth Guardian, so I guess I don’t need to upgrade. Phew!![biggrin]

Cheers
Mel

Hi Dom

Did you get this sorted? I have only just found this post….

If it were me, I wouldn’t immediately pay it. I would definitely look into it to see where the fault is, and what the laws state about who has to pay anyway. Then I might discuss it with him. He’s probably just looking for some easy money….

Cheers
Mel

Adding to Acey’s list

I would not rent to solicitors (again anyway[])

Cheers
Mel

Originally posted by yack:
Let me give you the benefits of some of my hindsight.
1997 Unit was $90k. In 2004 its now worth $250k ie Net = $140k
1997 House in a few surburbs further south from the unit.
Was $130k. In 2004 its $350k ie. Net = $220k.

If I had bought a house in 1997 instead of unit I would now be $80k better off.
What would I do if…[Read more]

As elves has said, there can come a time when your credit card limits do not affect your servicability issues (I’m still waiting though[cap]). There was a post on these forums ages ago from a guy who had $150K worth of limits on his various credit cards, and it didn’t impact him at all. I think it depends on your whole financial situation, and…[Read more]

pauln, if you pay off your current house, and then move out and have it rented, you will be taxed on the profit. If you also borrowed all the money to buy your new house, none of that interest would be tax deductible. A double whammy.

If you are serious about buying a bigger place and can’t wait, one option is to sell your current house, use…[Read more]

Hey Scullie

I’m looking for a rental in Canberra – will you let me have my two dogs? Is it in Belconnen?

When you ask about your new place being cashflow positive, it won’t will it? You’ll be living in it, and therefore will receive no rent etc.

Before you stop making the payments on your soon to be IP, I’d check your loan terms let you do…[Read more]

Originally posted by Topsy:
you pay capital gains tax on the whole time you owned the home,,, there is a calculation you can get on the ATO website. My advice to you is LIVE IN THE PROPERTY FIRST,before you rent it out.Then when you move back in tell the tax office you have moved in and it is now your main place of residence..

Topsy, you only…[Read more]