Thanks for your posts here.

We are reading your suggestions, and we are making good progress with many changes you’ve requested.

For instance, this week we will be providing the viewing options for latest posts, fixing bugs with the thumbs up / thumbs down ( bug with the plug in source code which we have fixed for them). We are also inching…[Read more]

I won’t be bullied Freckle.

You came to this site with a false name, your mask your IP, you write abusive and disrespectful posts.

This is my site, paid for by my money, and it is a community that I have held dear from day one.

Enough is enough.

– Steve

Hey there.
The problem you’re going to have is that in the current market, just about every valuer would value the property based on what you paid, as opposed to a higher value.
The exceptions are if you can find a lender to lend on an ‘as if complete’ basis – namely what the property might be worth once the renos were done.
This used to be…[Read more]

Depends what you’re looking for. If it was generic growth I think Sydney or Brisbane is better value than Melbourne, Perth or Adelaide right now. Of course, things will change over time.
– Steve

I think it’s time you find another place to frequent Freckle. We clearly can’t meet your expectations.
I’ll regrettably organise my team to terminate your account to save you the inconvenience.
– Steve

Okay. Noted. – Steve 

Okay. Noted.
– Steve

Hi,
To answer your questions:
1. How does that work, do I get to claim that back every year?
As has been mentioned, it is the interest on the loan, rather than the loan itself, that is tax deductible. Principal repayments are not tax deductions.
2. How much would I get to claim back on $450,000 (my current income is very low only 30k)
None of the…[Read more]

Thanks Jamie, for the suggestions and the respect.
I’ll get the team to look into your log in asap.
Yes, I concur about the information access and usability. These are high priorities for us.
Again, any ideas / specifics for upgrades are very welcome.
– Steve
 
 

Yeah… I agree about the visual difficulties.
Seems unnecessary busy despite there being so much white space. That’s an easy fix though.
The bigger issue is the platform change, and that seems to be holding up well.
– Steve

Freckle,
When you go to dinner at a friend’s house, to you comment about how much you dislike the new decor?
Why not apply that genius brain of yours and come up with some constructive criticism?
I for one would like to know:
a. What specifically you don’t like; and
b. What specifically we could do to improve; and
c. What specifically would you…[Read more]

Hi,
Much of what you don’t see is where the changes have been happening as me moved from Drupal and WordPress.
The visual gives us something to work from a lot easier than before, but it is pretty raw.
Ideas for improvement are welcome.
– Steve

Don't call me "Imp"!

Perhaps a mini series… Game of Thrones style. I like it.

Yes Freckle, followed by Trillionaire, of course.

But what would come next?

– Steve

Thanks for the referral to the other post Freckle.

For my part about Mildura, pay very, very, very close attention to:

a) Job creation
b) Crop yield
c) Infrastructure projects

For my part, I would rather stick to Ballarat, Bendigo, Geelong, Albury etc. You have so much more potential investing in a hub closer to a major city.

Mildura is on the…[Read more]

Hi,

Interest is usually taxed in the hands of the person whose account it is in.

If you put it in your wife's name, she will need to include the interest in her tax return.

Terry makes a good point about thinking through the asset protection issues.

Cheers,

– Steve

Hey team,

Yes, I think his material is worth reading as Kiyoskai has single-handedly created a generation of wealthier people.

Rich Dad Poor Dad certainly helped me, although I was disappointed to find out his  'Rich Dad' was not a person but rather a collation of his mentors. I feel this  impacted his integrity.

I would note he tends to repeat…[Read more]

Hi,

Most people selling real estate lump in +GST (if applicable) because they don't know whether GST applies or not, so they are covering their backsides just in case it does.

My strong recommendation is that if you are buying / selling commercial property then always get an opinion about the applicability and implication of GST before going…[Read more]