Hi Guys

The roof was slightly over exaggerated by an over anxious tenant, but there is still bora in area’s of the roof and bath room that have been there for “quite awhile” ie over a year according to my PM.

The pre purchase inspection was done in Dec 03 and nothing was mentioned in the report. Also, there has been several other smaller…[Read more]

Hope to retire between the ages of 25-30. Commitment and focus is the key for me.

Cheers[]

Ironman

Hi all

come on S.I.S..spill the beans. How do you buy no money down every time?

You can PM if it’s a sensitive topic..hehe

Regards

Ironman

Hi Qldlander

I’m not so sure myself, but I think the site is residex.com.au or something like that[?][?]. I looked at it ages ago and it had heaps for good info.

Good luck[]

Ironman

Hi James

A few things…
This is with a NZ trust buying NZ +ive property. If negatively gearing look at a LAQC.

1. There is no tax free threshold ie. if you earn $0 to 25K (I think) your taxed at 19.5%.

2. If you set up a NZ trust and dispurse the income to beneficiaries then they still pay that 19.5% on whatever comes out of the trust.

3.…[Read more]

richmond

tall, dark, hairy chests…mainly male..i hope with the last characteristic[}][]

cheers

Ironman

140 and climbing fast..[]

Hi all

Why does a corporate trustee affect the LVR? I don’t see anymore risk[?].

Regards

Mr Ironman

Hi all

Thank you all for your detailed responses.[]
I’m slowing bringing bits of the puzzle together. I’ve found a helpful accountant and solicitor in NZ who are familiar with my circumstances.

Thanks again[]

Anto

Hi westan

Put this link on the propertytalk.co.nz site[][][]

Cheers

Anto

Hi all

Tricky, tricky there seems to be no easy answers

MY GOAL: Buy many properties in the next 4 years in NZ. Cash flow positive (of course). If this income is accumulated and used to buy more NZ properties wouldn’t it be better to keep it as a NZ trust?

I was under the impression that Oz CG could be avoided? But now I’m not so sure.

Cheers[]

Anto

RodC, Melbear and co.

I’ve previously had alot of conflicting advice regarding the location of the trust oz or nz. But it makes sense to set it up in Nz. I got onto propertytalk.co.nz…very helpful. Thanks alot[]

I’ve spoken to a solicitor, but forgot to ask. Can you claim the NZ tax credit if your not a NZ citizen? How does that work?

From…[Read more]

Hi Ghm

Have you done that yourself? I thought you would have to set up a trust offshore for offshore investments. I’ll have to look into it further[].

Cheers[]

Anoto

Hi all

I’ve spoken to Oz and NZ accountants and they aren’t even sure?[xx(]

Cheers[]

Anto

Hi S.I.S and co

I’m 22 myself. Just starting- do you have any advice for a beginner on investment structure and capital raising?

Cheers[]

Anto

Hi ChrisB

I’m moving to another position in the same industry. So I will inform my bank. Thanks heaps

Cheers[]

Anto

Hi Swampy

Yeah! thanks for the site it’s very helpful. Do you know of any others?

Cheers[]

anto

Hi S.I.S

Are you reeeally still in school?. You are on here alot.

Cheers[]

Anto

hi richmond

I’ll looked in property investor magazine. Is there anywhere on the net you can get median house prices?.

Cheers[]

Anto

Hi S.I.S

I wasn’t one for school. I went to 6 including tafe for first year of vce. I ended up finally finishing up at a private school, which was the best experience of my life to date. More of a community feel, better resources available, and alot of successul people willing to give advice.

Not that I saying public schools didn’t have any of…[Read more]