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    August 22, 2003 - 6:33 am

    woop woop

    Profile photo of puissancepuissance
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    August 22, 2003 - 12:32 am

    huh, i’m after anyone who knows alot about the australian taxation system and about investment entities, not the meaning of the word daedal.

    thanks guys

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    August 21, 2003 - 7:21 am

    f

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    August 21, 2003 - 7:21 am

    g

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    August 21, 2003 - 7:21 am

    decrease costs, and debt and increase rents

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    August 21, 2003 - 7:16 am

    either reduce the debt on the asset or attempt to increase the income

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    August 21, 2003 - 7:14 am

    The answer is yes

    the principles of investing in property is you make money when you buy.

    if they abolish negative gearing, all you have to do is look to positively geared properties, which is what you should be doing anyway

    negative gearing is a bonus for IP, but it is not the sine qua non of IP, the cashflow is

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    August 21, 2003 - 3:05 am

    if you run your corporation and trust properly, you may not be liable for any forms of tax.

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    August 20, 2003 - 5:16 am

    you can actually find heaps of +ve Cash flow negatively geared properties in Sydney rather than in a country town

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    August 20, 2003 - 5:14 am

    how much
    how old
    size
    and rental income?

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    August 20, 2003 - 12:24 am

    those quotes are quite high, in sydney they are approx 330 – 660 and they provide discounts for 2nd properties also

    depreciator
    deppro
    washington brown

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    August 19, 2003 - 11:57 pm

    Negative Gearing
    Tax and Property Investments
    Think and Grow Rich
    Perpetual Wealth
    Awaken the Giant Within
    DIY super
    Robert Kiyosaki’s Books
    Noel Whittakers Books

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    August 19, 2003 - 11:44 pm

    where can i find more information about this?

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    August 19, 2003 - 11:38 pm

    depends if the installation costs are part of the building, fixture and fittings or repairs.
    complete claim if it is a repair and deductable under UCA if fixture and fittings; and also if special capital ride off

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    August 19, 2003 - 11:33 pm

    you should read think and grow rich by napolean hill

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    August 19, 2003 - 12:05 am

    to my understanding, if you can show the ATO that the market value of the property is $300k inclusive with all costs, then the interest is deductible.

    but if the market value + Stamp duty and other capital acquistion costs is only $250,000 then the other $50,000 interest is not deductible. This is because it is not used to generate an income because the acquisition costs is only $250k

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    August 18, 2003 - 5:18 am

    Thanks for that Steve,

    How can I obtain a copy of the master tax guide 2003?

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    August 18, 2003 - 3:42 am

    Melanie,

    what do you mean for company trustees? Should it not still fall under the trust anyway because company trustees are not the beneficial owners.

    I hate this tax stuff, not sure if they passed legistlation re this.

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    August 12, 2003 - 12:08 am

    All the text I’ve read recommends that you should not purchase any appreciating assets under a corporate structure because of the lost of 50% CGT exemption
    U then will have to look at if u want asset protection or tax shelters before u decide to invest under your name

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    August 12, 2003 - 12:06 am

    Just exchange on waterfront property in Sydney City, $640k and rental income of $850 pw for 12 months

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