Originally posted by hb:
sounds good, millionintraining

i assume your using your PPOR for your company to use a small office in…right

well don’t forget the other end…
what other end?

once you start claiming a tax deduction….all those 101010101010101010010101001 (digital data)(tax deductions) entres the ATO database.

so when you sell your…[Read more]

Thanks everyone..

Still doing the groundwork for my main goals for 2006, hopefully with help from some of the more experienced Forum Members who I’ve been in contact with I can achieve them..

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

Shaun

Wish you all the best mate..

PS- Did you get your Australia Day gift from Ed; Great Surprise to me

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

They say a fool and his money are soon parted..

I always wondered how a fool and his money got together in the first place??

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

Its your cute girly looks, big white eyes,spiky hairdo and yellow skin )

“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 Terryw:
Redwing

I have had an email back from RAMS saying they will do HDT, but the loan must be in the same name as the title. cannot have a company trustee and loan in directors name. If personal trustee, then should be ok.

Terryw
Discover Home Loans
Parramatta
Terry@discoverhomeloans.com.au
Sign up to my mailing…[Read more]

Why would you not pay CGT when you sell the subdivided block ???

I’m interested..

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

Hey Terry ask them if they will do it for a HDT?

Redwing

“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 GH:
I’m looking at moving an exisiting house onto a vacant block, doing some renovations etc and renting it out. The project would require new stumps, plumbing and power connections etc

Does anybody know what the depreciation position would be ?
Id say contact Scott from Depreciator or one of the other respected Firms
Would…[Read more]

Originally posted by Terryw:
I think you will only be allowed to have a loan at the same amount or less than before and no more than the previous LVR. Any increase will result in a retesting of serviceability.

You may not have to settle on the same day for the sale and purchase. The sale can settle first with the bank holding the loan open for up…[Read more]

From what I’ve heard he’s very good at what he does and has visited this forum from time to time

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

Hmmm get featured in API and attract African Scammers..?

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

dazzlings probably in the middle of nowhere..maybe even bobbing around in the ocean…and as an Investors mind is warrant to do he starts ‘scheming’

)

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

have you costed the complete deal?

Why not involve your friends by offering it as a Joint Venture proposal?

Have you spoken to one of the great Motgage Brokers here about your options?

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

OOooopss..

Seems i’m no longer welcome in Lome Togo either..

:o(

“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 hb:
, had we invested that money instead into Comm.Bank shares, today the return would be 1million ABOVE the return we got on the penthouse.

Yep..dont ya just wish you bought into the Comm Bank, Wesfarmers, Rio etc some years back..

remember we dealing with SMSF…no borrowings
So the same problem arises today as 13 years…[Read more]

Originally posted by the owner:
wow that’s awesome, Congratulations Redwing!
may i ask how long did it take for you to go from the first house to 1 Million?

Hmm..bought my first house ever in about 1990, there’s been ups and downs since then, about 5 yrs ago I earnt less than $20k for the year and found things pretty tight

Worst thing i did was…[Read more]

BHP 5 yr ‘basic’ chart

I was looking at this, but if the stock split welllll…there ya go [biggrin]

Hb..my last two IP’s I bough with $3k for one (deposit only but over 100% finance) and $0 for the last one.

I firmly believe you need a mix of Investments and find it very hard to compare either (probably not smart enough)..my preference though…[Read more]

BHP has just caught up to its prices of 2001 HB?

Have a look at the long term charts of the company..I would hated to have been holding BHP in mid 2001 when it *plunged* from just under $25 to about $8 in a ‘very’ short time frame (good luck trying to sell then as panic set in)

Its only been trending up from mid 2003 onwards and anyone who got…[Read more]

I’m with Paul as far as a strategy goes with +CF to purchase IP’s for CG.

Its not the way I’ve done it..but I like the strategy :o)

If your starting out explore options such as the Offset Gearing Strategy..

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