Paul, Re: the banks,A rumour circulated, was that a key player in the vendor financing industry had his loans called in, as he was doing these deals without disclosure to the banks. This is a concern of mine? Other than that, it does look like a WIN, WIN, and WIN from many angles.http://www.birchcorp.com.au

It sounds like you are on the right path… yes that is good advice from the ATO, also consider holding on to the property, until all your super monies have been drawn down. The power of time will give you further gains in the property. A common practice is to sell before retirement as opposed to 5-10 years after retirement, effectively another…[Read more]

JPS,Rural is different, as you mentioned the mines…. house prices come in waves and you have to predict the highs and lows of the industry as well as other economic factors.I suppose that is the danger of these sites. I assume circumstances that cannot be displayed through writing. A sell may be inevitable, but equity release should also be…[Read more]

Welcome JPS25,A dollar today is better than a dollar tomorrow (due to inflation), so depreciate as hard as is legally possible (diminishing value).And you are right on the CGT posted. This is the shine off depreciation that property marketing firms (developers) often overlook and consumers do not consider….In general, selling your property in y…[Read more]

Both important questions were not answered?1. I understand the contract is legal in all states except S.A, but is the bank okay with this? 2. How do you fit in? What do you take out of this mix-what is your cut?Sorry but I need all the details before I go making financial decisions as we need to make comparisons (opportunity cost).This brings on t…[Read more]

V8ghia,Let me say, talking and making a difference in the life of Mum and Dad Australia is a joy. I love breaking down financial walls and restraints to show people how to save a dollar. But like I keep saying to my family and friends it is difficult to charge someone on a pension, or with two children and husband has left etc etc.http://www.birchcorp.com.au

Evolve,Please do not pretend you know me or my business model, you are so far from the truth that you have embarrassed yourself. You may need to speak to the many many clients that have come and gone through this office without a fee.My legacy is not to create this great fat profit, but to give back to the many who may be…..if you want to know…[Read more]

I had several years up my sleeve, and I decided to give a little grief to all the financial institutions and like who who tried to take my money will I was creating wealth. http://www.birchcorp.com.au

There is a revolution happening on this site, FP's are a thing of the past and Mortgage Brokers will rule the world…….Dakkar2010, Planners very rarely use industry funds as their is no associated fee for them. You will find they all use retail funds.Intrigue, next time, drop into my office and I will make your $7 that you spent on fuel…[Read more]

Hi Paul,Lets clear things up, If I buy the property for $400k and on-sell this to your contact for $468k, I make $68k for the 25 years the loan is in place (if required). For that, I keep no growth in the property, but I do get payments above the normal interest rate that will give me how many dollars per week (assuming 2%, I will get $153 p…[Read more]

You can purchase this with a bare trust, your name will not be in public record. Any good accountant will organise this for you.http://www.birchcorp.com.au

Once you sell, you could be out of property forever. getting a loan is not what it used to be. They are gold at the moment. While you have a loan, do what you can to hold it and pass it in if you have exhausted all options. The ladies are absolutely correct….I am happy to have a chat with you offline- nil cost of course. http://www.birchcorp.com.au 

As Above, but include;Conveyancing / solicitor fees are added to the Cost Base as well.Registration of mortgage etc is a deductible loan cost over 5 years.http://www.birchcorp.com.au

I agree, I  have a partnership at general law and income is over $75k but there is no need for GST registration. Corporate trustees are nearly always a must with trust structures in case of death / divorce and like. As a rule, I am not an advocate of complex structures for the many, but C&N have some legitimate reasons for their methods albeit…[Read more]

Hi V8ghia,I think you will find these fee's of $7000 and 4-5% are a thing of the past. I do not have any fees attached to my practice. I do not know anyone that is paying for a Planner. http://www.birchcorp.com.au

It wouldn't be very nice of me to encourage leveraging into the ASX at an interest rate of 10% (margin loans) with a low LVR and margin calls that are so prominent in today's market. So, No I cannot really compare the two leveraged markets as one market is practical and reduced risk, when the other is quite expensive and very high risk. Further, a…[Read more]

To get an accurate answer you would have to expose too much personal information on this site. I do not completely agree with that concept. Sit down with your local guru and come back with your thoughts and questions. It will be a little safer.http://www.birchcorp.com.au

I have never done the mobile mortgage thing, but I am in Castle Hill if you are keen to travel. http://www.birchcorp.com.au

Hi Terry,I can tell you from experience that clients are not willing to pay anything! Nor should they, The client has to pay a management fee inside an investment (it is these managers that are doing the research and hard work). I have many clients see me with managed funds (including super). When you get down to the nuts and bolts I find many…[Read more]

I can list the traits as the strategies are unlimited, being pro-active, having the right head space and being patient………http://www.birchcorp.com.au