redwing replied to the topic Negative gearing – losing attractiveness? in the forum No Subject 18 years, 6 months ago
Capital Growth on my IP’s are still racing ahead (approx $100k equity in 6 months), rents are rising, Depreciation is a Bonus as is the ITWV each pay week..
If i get into a positive cashflow situation I refinance and purchase again to achieve some balance (think Nuetral Gearing as a goal)
Times like this when i have great equity I also look to…[Read more]
redwing replied to the topic Tax Depreciation Schedules in the forum Legal & Accounting 18 years, 6 months ago
Heard good things about Washington Brown..For the Record I use Depreciator
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculatorredwing replied to the topic Negative gearing – losing attractiveness? in the forum No Subject 18 years, 6 months ago
I once read that most people who Negative Gear are “NOT” in the highest Tax Bracket..
Certainly true for me..
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculatorredwing replied to the topic real estate agents games in the forum No Subject 18 years, 6 months ago
Just Interested-
What area are you looking at ?
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculatorredwing replied to the topic Australia’s Best Cashflow Positive Suburb in the forum No Subject 18 years, 6 months ago
Do a search on the Forum for Kambalda..there’s a bit here.
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculatorredwing replied to the topic Lomas adds to structuring confusion in the forum Legal & Accounting 18 years, 6 months ago
Primary goal with structuring is flexibility with income distribution so that we’re not handicapped when negative properties turn positive. Also perhaps the ability to transfer funds into our super funds?
Is this the Important bit Carlin?
Once you know what you want, maybe you then know what to look for in a structure or stra…[Read more]
redwing replied to the topic Newish townhouse or older home best for CG? in the forum No Subject 18 years, 6 months ago
Originally posted by Benny:
If the 10 year old house were to receive a cash injection, this could generate a whole lot more equity.
But doing that on a 1 year-old townhouse will likely add $0 to the value. Just my thoughts,
Benny
I dont understand this point at all?
Am i missing something?
“Money is a currency, like electricity and it…[Read more]
redwing replied to the topic Newish townhouse or older home best for CG? in the forum No Subject 18 years, 6 months ago
I watched Median Priced Units in a Suburb gain 20% in a year, whilst Houses were a fair bit less..the units were playing catch up on the Market, so I guess it can depend (cycles within cycles type thing)
Units/townhouses etc can be lower entry prices..newer houses more depreciation, less repairs, Common Gardens so looks tidy from the outside with…[Read more]
redwing replied to the topic Lomas adds to structuring confusion in the forum Legal & Accounting 18 years, 6 months ago
Originally posted by chrisconuts:
I’m with Lomas on this one, whats more important, building wealth or building a complex legal structure to protect yourself from something which might never happen? Have you ever known anyone who actually had this happen to them, apart from a few cases on the news a few years back?If you know how to build…[Read more]
redwing replied to the topic WA Accountants – specialising in property in the forum Legal & Accounting 18 years, 6 months ago
RMG Accounting at Homebase Wembley are ‘very’ good and pro-property from my discussions/involvement..they are also familiar with many trust structures (depending on what type you want though)
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculatorredwing replied to the topic accountant talking us out of trust in the forum No Subject 18 years, 6 months ago
WOW Stuck-at –two
WHERE did that come from[stun]
I wouldn’t call it pathetic (far from it); most accountants have a basic understanding of various trusts and many don’t even know/understand about Hybrid Discretionary Trusts (believe me I’ve asked a few) as stated by Derek; this book demystifies the subject.
I’ve pu…[Read more]
redwing replied to the topic U*#&*)#@R VEN in the forum General Property 18 years, 6 months ago
I think our default interest rate was 9% by going over settlement date- however, as it was the banks fault they wound up paying it for us..
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculatorredwing replied to the topic Projected growth figures by suburb – help please in the forum Help Needed! 18 years, 6 months ago
Not sure of anything for projected growth figures?
Past performance and by evaluating these figures for the last 3 Months, 3/5/15 years may give an indication of underperformers at present?
You may be able to graph suburbs you’re interested in to evaluate thier performance over these time frames?
According to Bernard Salts Report
Sydney: Most…[Read more]redwing replied to the topic Home Security Systems? in the forum Value Adding 18 years, 6 months ago
Have a look at http://www.goldsec.com.au and have a look at thier products, they have a great WIRELESS ALARM SYSTEM..
No electricians (sorry LifeX)[biggrin] it’s “Totally” wireless and comes with a swisho phone..
You can self monitor by having it go to you mobile, or if no answer the next contact on the list, or the next OR a Monitoring Centre
from my…[Read more]
redwing replied to the topic Using my saved tax money as a deposit! in the forum Help Needed! 18 years, 6 months ago
Let us know how you go Sanctuary
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculatorredwing replied to the topic Australia’s Best Cashflow Positive Suburb in the forum No Subject 18 years, 7 months ago
*BUMP*
Redwing
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculatorredwing replied to the topic Katanning, WA. in the forum General Property 18 years, 7 months ago
FY to Jan 06 Kattaning Median Jumped from $78k to $145k…
Some of the people in the Investors Club must be laughing Derek??
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculatorredwing replied to the topic accountant talking us out of trust in the forum Legal & Accounting 18 years, 7 months ago
Cata shoul be able to advise here……….
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculatorredwing replied to the topic Young investor- tell tale in the forum Help Needed! 18 years, 7 months ago
WHERE IS STILL IN SCHOOL ???
He’s a *switched* on Guy in my books….
Mybe Jet$ has heard from him..
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculatorredwing replied to the topic $2.5 mill Lawsuit for a slap on the backside in the forum Heads Up! 18 years, 7 months ago
Hmm just had a thought..slap Cta’s Backside..Broadcast it on the net..make a fortune..pay Cta and still walk away happy(or rich)
A La one night in Paris..
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator- Load More