Originally posted by JasonBourne:
I would just add that 25% return on cash invested isn’t that impressive considering the risks others have mentioned.

You can achieve a much better return than that, e.g., 60%plus, with far less risk.

Nice Teaser Jason..

I’ll bite..where can you get 60% return with Less Risk

[biggrin]

Redwing

“Money is a…[Read more]

Just my opinion but i wouldn’t think the tenants could breach this lease for this fact alone..I would definetly have words with the PM as well though about any costs incurred or loss of revenue(speak to the Principal)

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive…[Read more]

LMI sometimes enables you to get a higher loan as well though in some cases doesn’t it?

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

I’ve used a couple over the years and can only but recommend Scott and the Team at Depreciator..the process is fast and painless

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

Originally posted by Chris.R_WA:
We plan to duplex the back of the lot while we live in the front house for 12 months, then move and rent/sell (depending on the market). As well as having attractive CGT implications, you can sell off the vacant back lot and repay a large chunk of your loan (fast equity) or use that cash to fund IPs.
[evo]

You…[Read more]

Originally posted by Duckster:
If you own the home you cannot claim any repairs, insurance, council rates,interest on your loan as tax deductible expense.

Plus side- no capital gains tax is incurred on primary residence when you sell it some time in the future.

How about if you didn’t own it..but you controlled it,…you pay CGT if you sell,…[Read more]

Great to see you posting again Brenda..

Have you cut your hair..you look Different?

Redwing

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

All this activity is definetly assisting CG on my Clarkson IP..

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

Originally posted by mumofthree:
One thought was to invest in Cheap, low end + geared rental property; repayments would be less and should the sh_t hit the fan, people will be looking for Cheaper rent and we should still be able to hold on..??

You have found these Properties in the City??

Great work if you have..

Redwing

“Money is a currency,…[Read more]

If you sell to the Trust you must pay stamp duty..

WHY sell to Trust and then sell again??

No need to make the child a beneficiary depending on the trust as it will automtically become one..also you will need the child signature for any loans through the trust once 18..

Are you talking HDT ?

“Money is a currency, like electricity and it…[Read more]

From what I understand you have to think outside the square for this one..

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

Originally posted by mumofthree:
One thought was to invest in Cheap, low end + geared rental property; repayments would be less and should the sh_t hit the fan, people will be looking for Cheaper rent and we should still be able to hold on..??

Just wondering, if the sh*t hits the fan do you think people in the city will pack up and move to the…[Read more]

Originally posted by Terryw:
If you add someone to the title, it is the same as selling. Stamp duty will be payable on the percentage sold, and CGT would apply. Even if no money changes hands, the ATO would require you to pay CGT as if the property had been sold at market rates. Same with stamp duty.

They dont make it easy do they..[blink]

I…[Read more]

did you Figure it out yet..

)

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

just my honest opinion..

I like it better this way ;o)

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

Throw that same question up on Aussiestock Forums and see what the Traders there think of $30k per Month being achieveable as well..and any inherent risks with such strategies..

In saying that, there are many proponents of such strategies though, including Peter Spann..

“Money is a currency, like electricity and it requires momentum to make…[Read more]

Throwing this back up again as I found it whilst searching for something else and it was an interesting thead..

“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator

Originally posted by bennido:
Was out shopping today and passed by a bookstore so I double checked the title.

Its called The Truth About Positive Cashflow Investing and there’s a chapter on structures (e.g. trusts). Basically, her opinion is that they ail in their intended purposes.

Hmmm..

I’d speak to someone who uses them to thier best…[Read more]

Sell the apartment..put profits into your PPoR(value should’ve increasedon both by the time PPoR is completed).use the equity to purchase another IP?

Buy the PPoR as an IP through the correct structure and rent it to yourself..again as above use the equity from the first property to purchase the next IP in the same structure?

How about then…[Read more]

Originally posted by gctaeger:

I recommend you get Dale Gatherum-Goss’ book called Tax Magic – it’s about $99 but explains Trust in such a simple & easy way.

Hope this helps

Regards

Claude

Trust Magic is the book from Dale Gatherumgoss, Tax Battles is the other publication.

you can get it direct from Dale or take a look at the back of…[Read more]