Forum Replies Created
Hi TMA..
I was told by my accountant that buying in a company name was probably not the best entity for my personal situation when investing..however a trust would be better suited..?
What benefits do you see with the company structure if you dont mind me asking?
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorI know..rename part of a suburb and plan a stadium..instant $ $ $ $’s
I believe News is good for WA Investors with Rents increasing across the board (we’ve experienced it and our IP rents have increased of late)
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorHaven’t used it Oshen, though i have several of Dolf’s books and enjoyed the read plus his ideas of looking for solutions to problems…
he has written a book in the RICH DAD series ..
Just posted this as i recieved an e-mail with the link and thought others may find it informative..
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorYears ago your accountant used to do this for you..now a good one no longer will..
It’s worth getting it done and done properly..
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorDefinetly worth looking into as a “Group Investment” if thats what you want..
Melbear gave me some info on UNIT Trusts ages ago.. I concur with the advice on over 20+ Investors in the group.
Aceyducey knows a lot about this structure as well and a good accountant should be able to set you on the right path..
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorEPRA has done a lot for the area, still has a lot of social problems though IMHO
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorSpeak to your local council as the first step..
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorThanks Wayne..
I like the area too..
SEA CHANGE or TREE CHANGE..always a good bet : )
Land has certainly been a good investment in WA of late..
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorNot that I’m aware of?
As far as I’m aware you get the CGT discount after 12 months..some people have funny ideas though..
Speak to Ausprop,
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorI agree; DEPRECIATOR is a great company and I found them to be very efficient, I walked round the IP with the QS, learnt a lot and appreciated that he respected the tenant’s privacy.
You wont be disappointed with the service..and according to the QS I had on-site they treat him like part of the family and back him up with their knowledge of the tax laws and changes..
Scott from Depreciator is a member on this site if you have any questions PM or e-mail him..
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorHi Steve My tip would be Nike’s slogan..
“JUST DO IT”..but I would encourage evryone to research the forum first as its a great FREE RESOURCE..The information here would cost you $$$$$ if HK was promoting it..
PS- I already started a great TIP’s Post Steve, have a look there for some great post’s its FULL of information..
Whilst your there..ADD a tip of your own experience, we all have different viewpoints and experiences..
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorAs has been said before there is markets within markets and you cant generalize..Rich KIYOSAKI is still buying real estate, he’s just being a bit more choosy, maybe property has ‘peaked’ in his nick of the woods also..
How about yourself Steve, your philosophy seems to have evolved as well??
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorHey Wayne are you involved in this as your’re always promoting it..or just think that it has potential??
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorAgree with Megan..
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorGreat workso far Jobee..
IMHO i wouldn’t sell the WA IP’s unless you can find a better return for the money.
As we well know on this forum its getting harder and harder to find +CF deals and even then you need to use your grey matter..
Have you worked out your true costs after tax or you IP’s as it may be costing you less than you think..have you thought about filing a “tax variation” form?
At the end of the day you have to satisfy your ‘personal’ comfort factor when investing..
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorE-mail Sam from his Members information page..
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorTry the small business development corporation in your state for free information also..
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorHave a look at the councils web-site as the first step..REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorSounds good to me Dr..
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow CalculatorI’d say Cata could give you further info as can others on the Forum, there are some interesting posts on this subject..
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Count The Currency With This Online Positive Cashflow Calculator
