Olli replied to the topic Some financial help – High income earner in the forum Legal & Accounting 13 years, 8 months ago
DAZ 008One of the best vehicles for tax minimisation is a Self Managed Super Fund (SMSF)- any income is taxed at around 15% (depending on your individual situation) and the aim of the fund is to provide long term retirement benefits for the members (primarily you, and family if / when the join the fund). With a strong surplus from your salary you…[Read more]
Olli replied to the topic Buying and Selling a comercial property into and out of SMSF in the forum Legal & Accounting 13 years, 9 months ago
Try http://www.millinium.com.au I have been talking to them about a commercial purchase, still trying to find the property – my situation is a little different from your situation – but they have a service that enables property to be transferred in to SMSF and assist along the way and they offer access to a completely non recourse option – bth loan an…[Read more]
Olli replied to the topic Accountant Needed!!!!!! in the forum Legal & Accounting 13 years, 10 months ago
MauriceJust to give you another option try MGA Accountants on the Gold Coast (ask for Mark Whitaker tell him I sent you).Mark is a CA with an extensive insolvency background, as well as having been a business owner – something many accountants aren't or can't be. So he can relate to just about any challenge a structure or business needs in most…[Read more]
Olli replied to the topic SMSF and borrowing for commercial property in the forum Commercial Property 14 years, 4 months ago
Mr Markie,How did your SMSF purchase turn out ???O
Olli replied to the topic Buying inside a SMSF in the forum Legal & Accounting 14 years, 4 months ago
Just to throw another comment into this well supported space (RT and Evolve great posts).Advisors to DIY funds need to be licenced under the Cooper review published recently. That means that Acct and Law's need to hold a FULL Aust Financial Services licence to establish a SMSF. Also lending within SMSF is now considered a financial product, w…[Read more]
Olli replied to the topic Commercial Property in the forum Commercial Property 14 years, 4 months ago
Commercial Property – love it !!If you like property in general then the benefits of commercial over residential are many – I think that some people don't want to make the jump in into commercial because it is a little more expensive (accountants, lawyers, the banks gouge a little more as well), there are more matters to consider and research a…[Read more]
Olli replied to the topic QLD mining towns in the forum General Property 14 years, 5 months ago
I use the example of the Far Nth Coast of NSW (Balina, Byron, Kingscliff) the previous business communities were centred around Lismore, Grafton, Murwillumbah for cattle, timber and farming – now these towns are feeder towns for the coastal locations. Ballina itself a once small village <8,000 now probably the central town in the area. and prices…[Read more]
Olli replied to the topic New Accountant in the forum Legal & Accounting 14 years, 6 months ago
Try this guy:http://www.accouter.com.au Mark Whitaker he has good connections to accountants and is consulting in SA to firms.O
Olli replied to the topic Student accommodation in the forum Creative Investing 14 years, 6 months ago
If anyone is still interested in Student accommodation – I have recently looked at one in Ipswich in QLD. The uni of QLD is next door and all the reseach I have done on the town seems to show that it is going forward attracting industry, infrastructure and investment.PM me and I could send you some of the information I received – pp $290k, 3bdrm…[Read more]
Olli replied to the topic QLD mining towns in the forum I like Bowen – good mix of 14 years, 6 months ago
I like Bowen – good mix of possibilities and exposure to industry. Plus its coastal – inland cities don't seem to keep their alure, but all property owners love coastal towns. Bowen at less then 10,000 people (I think) and right on the GB Reef seems to have it all and ready to take off.I had some townhouse info that I was looking at, that was due…[Read more]
Olli replied to the topic Is this a good investment in the forum Also try student 14 years, 6 months ago
Also try student accomodation at Ipswich QLD -3brm T/h $292k, rent for around $400pw, new so good depreciation, building completed Nov/Dec 2010 so only deposit to pay until then.PM me to get other details
Olli replied to the topic How to purchase commercial property as retirees to pay less tax in the forum Legal & Accounting 14 years, 7 months ago
Pesa,Send me a private msg (click on my name, then private msg) – I will forward you an option that I am considering, it already has the backing of a bank and most legals taken care of.It may suit, and you may be able to discuss with the people involved.Olli
Olli replied to the topic Freehold commercial Investing in the forum Commercial Property 14 years, 8 months ago
Have you thought about getting a loan in your Super Fund to buy it – I am looking at it now?