Hmmm..

Got the same thing when I searched for the older posts..PI.COM must've copped some flack?

Re QLDs 007 Comments I came across an article on the Fair Trading site re the 2 tier marketing titled

Marketeers cop $250,000 penalty, bans

Hi Martin,

Depends on your strategy as well……have you sorted that one out?

I work with an older investor who refuses to claim depreciation as he believes it will all be added back (in the future if sold), however, we use it to increases our cashflow and therefore holding costs (in the now )

See pertinent comments from Scott as well re fixtures and fittings, as a sidenote we use depreciator for our schedules due to Scotts continual and good natured answering of our inane questions and our experience with the staff sent to do the job

depreciation is a "non-cash deduction" i.e. I would not receive cash in hand but instead it would be deducted from my taxable income, this could potentially put me into a lower tax bracket, it also assists you in regards to future replacement of assets
  

Hmmmm

What are the formulae? 

We recently purchased a vacant Property in Blacktown Council with a view to Reno (we live in WA), however, decided in this market to just give it a quick tidy (gardens, house clean and an acid wash of bathroom and kitchen) and had it rented within a week of settlement for a 6.3% yield.  The goal with this property having already talked to the council planners is to develop the site in 4-5 years with a Dual Occupancy Development on the site

 Yet to find any great “free” feasibility spreadsheets out there (let me know if you find any), feastudy looks to be a great paid program though see attached courtesy of Metropole http://www.metropoleprojects.com.au/pdf/UnitFeasibility.pdf   PS: Hi Adrian and Amber on the newsletter list as well for RED congratulations and best wishes with your site http://www.realestatedevelopmentclub.com/  

We've used Scott from  Depreciator a number of times and have found that he's happy to chat; he's on this site (and SS) so maybe make contact and ask a question or two…nothing to loose

Try RMG Accounting as well in Homebase Wembley/Subi, they deal with a lot of Property Investors including a lot of TIC members

How do you have two (2) PPoR's Mon-Tues-Wed at one Thurs to Sun at the other , I woul've thought you could only have one PPoR ???????????

From memory C&N charge fees for initial chats so tread carefully, they have some great people..make sure you get one if you go down this path

WOW

Google really is your friend, you must be impressed as you've prommoted the Bejeezus outa this

http://www.homemove.co.uk/forums/the-go-zone-usa-seminars-1894.html

http://www.totallyproperty.com/buy-let-property/7864-us-government-will-pay-me-36-500-rent-out-property-usa.html

http://www.singingpig.co.uk/forums/1/507663/ShowThread.aspx

Out of my comfort zone Paul, I like it "nice an simple" and would be hesitant about jumping in with both feet (make haste slowly maybe a good motto)

I hope it all works out though

Maybe try something from Renton, or http://tsg.taxinstitute.com.au/

Current portfolio is down at the moment..but ACS was a shining star today, had a look at MAK as its been on my watchlist for a while (no holdings though) and MDX as well

Made some great profits on BHP and FMG recently, but its ALL a learning experience for me in the world of shares, the more i learn the more confusing it gets

Well Done- Very generous of you Ed  I’ve enjoyed the books as well; look forward to the next installment ;o)

sorry… google is your friend as well; try a search on Living Off Equity