Hi Les Paul,as always see a financial advisor / accountant.For me I am looking at. 1) set up a family trust, (you can't get the negative gearing benefit straight off, you coulds look at a hybrid but the tax man might not like them in the future)2) Get an interest only loan (LOC, etc..)3) You Gaurantee the loan in the family trust name4) Aim to B…[Read more]

thanks Mike, much appreciated for the report.thanks againMatt

another option is to look at buying investment properties first. You won't get the FHOG but could be an option

as a side note, you should also look (your accountant should be steering your this way) at a service trust (I think that's what it's called)

I am going to look at Logan, 26 K to Bris255K medium price (http://www.domain.com.au/Public/SuburbProfile.aspx?mode=buy&suburb=Logan%20Central&postcode=4114)310 medium weekly rent ( http://www.rta.qld.gov.au/zone_files/stats_june_qtr_2009/bsd_3_brm_houses.htm)Had good capital growthI think it will continue to (close to brisbane, "bad" suburb, good…

Hi Richard,thanks, I saw the individual report price but wondered how mush it was for a subscription, my wifes company builds carports, decks, pergola's etc… is Australia wide so thought it could the the type of company they would consider an acceptable "subscriber", (use data for marketing campaigns etc.. ?)thanks again for all you help and…[Read more]

Hi Richard,thanks for the 2 reports, I am looking at investing and was wondring how much the residex subscription costs ? I could not find it on there site.I've been using domain suburb profile, which seems ok, even better it's free Is there any other freebies that people use /  know ?cheersMatt

Hi Danthanks for that, with the Pty Ltd as a trustee, is more to the fact, that I currently have a company, but that company is trading (i.e. it's in business). I was under the impression that was not the best option for the  trustee to be a "trading" company, and I was just curious as to why.1 reason I thoght was for asset protection, but then I…[Read more]

thanks for that, I was going for tax losses, (e.g the "birthday" presents, the "negative" gearing on the loan).I thought there was some ruling about capital gains and capital losses.

My belief, I am not an accountant lawyer etc.. I have a smsf.the simple answer is no, super can buy comercial proprty (factory, etc..) that you can rent at comercial rates but not residential that you or anybody associated with you can rent.

interesting, I just don't know, I wouldn't have thought so. There may be an issue if you do that and you got the fist home owners grant ?

I think it can also boil down to 1) are you improving the house to make it rentable or more rent (then I think this goes as capex) 2) if your restoring then it's an expense. So if your not advertising before the lease is up and are waiting to paint etc.. it may be considered option 1.If your moving to the house (cause it's too far away from your P…[Read more]

it is a little bit more difficult to borrow through a super fund (the law changed 2 years ago) you are borrowing through installment warrants. It's all a bit of black magic but if you speak to an accountant or advisor they shold be able to direct you in the right direction. CBA lend to SMSF, there product is called Supergear, most/all banks will…[Read more]

you'll see a member here richard@tayloredfinancialsolutions.com.au who has kindly offered to provide a report (free) of an address you send.The report will give you a value of the property (it averages out over various indicators).

I would posably ignoe dandenong, I am not to sure what the growth will be like (high unemployment etc..)Maybe look at Seafors, that could be a bit of a hot spot for the future.

2 to 3 times is probably fair for same businesses but this does not appear to be making a wage, so the business is worth next to nothing, value the presses etc.. as a firesale price then ofer that (10 K)  you can ask for tax returns, is it run as a business or just a trading name. Rember there is a lease on the shop, how long has that got, any…[Read more]

Hiif your going OS you need to think about what is the best option, it may be better to be a non-resident in Aus (whilst OS). So I would suggest you speak to your accountant/fin advisor etc.. and lay out your plans so you can pick the best option for now and the future.cheersMatt