petefromsydney started the topic In a Family Trust Can you rollover current year loss to the future in the forum Help Needed! 7 years, 6 months ago
Let’s say if I have a property in a family trust and made a loss of $5000 in the current financial year and I understand that I cannot distribute the loss and if the property makes a profit of $8000 in the following year, will I be able to subtract the $5000 loss and just distribute the $3000 to beneficiaries?
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petefromsydney replied to the topic Investing in Canberra Properties in the forum Help Needed! 7 years, 6 months ago
Thanks Benny & Jamie.
@Jamie, could you please clarify ‘You can claim stamp duty in the first year of ownership – but the downside is that there’s land tax.’ and highlight the differences between NSW and Canberra.
‘Preferably in established areas – and if funds allow – close to the CBD (inner North and South).’ Can you suggest some suburbs…[Read more]
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petefromsydney started the topic Investing in Canberra Properties in the forum Help Needed! 7 years, 6 months ago
I’m based in Sydney and currently working in Canberra during the week. I’m interested investing in Properties in Canberra due to higher yield and lower price.
What do you think of investing in Canberra in general? Are there anything that I should be aware of (ie, Canberra specific rules/laws/fees, taxes & charges etc) One thing I do know in…[Read more]
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petefromsydney replied to the topic Saving money with your credit card… in the forum Finance 9 years, 9 months ago
Hi Jef,
I think “Pay the CC $20k on the mortgage…” will be considered as Cash Advance and you will be paying around 20% interest for it.
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petefromsydney replied to the topic Tax for Capital Gains on a Property I do not own in the forum Legal & Accounting 10 years, 11 months ago
Why not engage Terry? If I were in your position I will.
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petefromsydney replied to the topic Subject to Finance in the forum Help Needed! 12 years ago
Hey Matt,
I hope your aren't one of this kind of victims. I know it hurts. If it sounds too good to be true it probably is. Good Luck Mate!
Unconscionable tactics' that soured investment property venture
http://www.smh.com.au/national/unconscionable-tactics-that-soured-investment-property-venture-20121027-28caw.htmlBattlers the target in real…[Read more]
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petefromsydney replied to the topic Chan & Naylor Accountants in the forum Legal & Accounting 12 years, 2 months ago
Can someone please provide his/her two cents worth. Personally I'm critical of this kind of self promotion.
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petefromsydney replied to the topic cherie barber in the forum Value Adding 12 years, 3 months ago
Absolutely disgusting !!!
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