Forum Replies Created
Well a Real eEstate Agent cannot evict any tenants against the landlords wishes so ease your mates mind over that one.
I don’t really understand the problem, are you saying they promised $300 pw rent and are now getting less?
Can you explain it better?
Simon Macks
Finance Broker
[email protected]
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
Seems an awful lot of effort for a minimal return [biggrin]
Simon Macks
Finance Broker
[email protected]
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
This is an expensive route. Interest rates around the 24% mark.
They will want security in the project and also need to see some track record of your past development success.
Please ensure you have exhausted other options beofre taking this path.
Cheers,
Simon Macks
Finance Broker
[email protected]
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
Quite the opposite. People pay for the whole package. Noone will make an offer split into land and house value.
However if you had a Quantity Surveyor do a valuation on the property he would suggest a value for the structure but due to age it cannot be written off against your tax.
You must be aware of lovely old homes in your area worth a fortune!
Simon Macks
Finance Broker
[email protected]
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
My home is 90 years old and is of a style which is in high demand.
There is no depreciation left in it which maybe what your friend was meaning.
best wishes,
Simon Macks
Finance Broker
[email protected]
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
It might be easy to change lenders when you buy the next property and do it all at once?
What does stooze mean?
Simon Macks
Finance Broker
[email protected]
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
This is inane.
Why don’t you guys just contact the company or an agent and ask if you have a serious question?
Simon Macks
Finance Broker
[email protected]
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
Keira,
A commercial and a business loan are two different things. A business loan being higher risk without property security to back it up.
Cheers,
Simon Macks
Finance Broker
[email protected]
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
The UCCC only covers consumer lending. ie homes, hire purchase, credit cards, personal loans and other consumer debt.
The exception is where borrowing for personal use is less than 50% of the entire loan.
Cheers,
Simon Macks
Finance Broker
[email protected]
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
Purely for tax reasons. They are indicating that if you use IO then 100% of your repayments would be a deduction. This is particularly useful whilst you have non deductible debt such as a ppor loan.
All the best,
Simon Macks
Interest Free Home Loan Agent
[email protected]
0425 228 985Commercial Refinance to 95% LVR
Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
Thats a great story Jeff, my wife started medicine at 36 yrs old too – much the same feelings.
Cheers,
Simon Macks
Interest Free Home Loan Agent
[email protected]
0425 228 985Commercial Refinance to 95% LVR
Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
It is very risky.
Speak to a lender or a broker.
Cheers,
Simon Macks
Interest Free Home Loan Agent
[email protected]
0425 228 985Commercial Refinance to 95% LVR
Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
I would recommend you ask family and friends for a referral – is important to find a broker that you can rely on esp when you may lack the experience to tell the good from the bad.
All the best,
Simon Macks
Interest Free Home Loan Agent
[email protected]
0425 228 985Commercial Refinance to 95% LVR
Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
There are a lot of variables so my advice is general only.
Most people pay a PI loan down weekly. If IO then it makes little difference.
Whether you chose PI or IO will often depend on whether you have a home loan as well.
You can also reduce your PAYG tax as you go each payday. Your accountant or pay staff will help you here.
All the best,
Simon Macks
Interest Free Home Loan Agent
[email protected]
0425 228 985Commercial Refinance to 95% LVR
Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
Fantastic – still looking forward to a beer at my mate’s pub!
Simon Macks
Interest Free Home Loan Agent
[email protected]
0425 228 985Commercial Refinance to 95% LVR
Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
What is the benefit of having anything nasty tolerated at all?
Simon Macks
Interest Free Home Loan Agent
[email protected]
0425 228 985Commercial Refinance to 95% LVR
Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
The new amount borrowed is only deductible where it is used to purchase income generating assets.
Simon Macks
Interest Free Home Loan Agent
[email protected]
0425 228 985Please email me rather than using the PM service here.
Fully Accredited With Derivex LTD and IFHL PTY LTD
***Ask about our Interest Free Home Loan***
Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
They may not have reached the stage where they have put anything on your CRA. Check it thru Baycorp as suggested.
Cheers,
Simon Macks
Interest Free Home Loan Agent
[email protected]
0425 228 985Please email me rather than using the PM service here.
Fully Accredited With Derivex LTD and IFHL PTY LTD
***Ask about our Interest Free Home Loan***
Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
appy to help you with a quickie spanky [blink]
Depends on the agency and the state.
Here in NSW it is not officially off the market until contracts are exchanged. Some Agents will advertise it as deposit aken and defer all other intetrested parties until the contracts exchange or it falls over.
If contracts are exchanged it is off the market even if you still have unexpired finance clauses running.
Hope this helps,
Simon Macks
Interest Free Home Loan Agent
[email protected]
0425 228 985Please email me rather than using the PM service here.
Fully Accredited With Derivex LTD and IFHL PTY LTD
***Ask about our Interest Free Home Loan***
Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
I agree, we all have choices.
Those who feel that they don’t have a choice are usually not happy to choose the alternatives that they feel they have.
Cheers,
Simon Macks
Interest Free Home Loan Agent
[email protected]
0425 228 985Please email me rather than using the PM service here.
Fully Accredited With Derivex LTD and IFHL PTY LTD
***Ask about our Interest Free Home Loan***
Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
