thats why you must have a very good accountant, who can justify and prove, such expenses and deductiblities. [:o)]

Cheers,
sis

People 4get that by saving just $3 a day & investing it sensibly
over a working life, you’ll end up with around $1 million

Hi Guys,

Many of those things are so easily able to be claimed, that is why you must have a good accountant. First up, alcohol is one thing, that most people dont realise you can claim, which in fact you can be able to to claim, even if you had one IP approximately 5 bottles of alchol. Or about 5 – 8 bottles a year, for one IP.

While travelling…[Read more]

Hi Richmond,

lol… i dont have any problems in giving gifts such as alcohol and sex toys for my accountant or solicitor, but im guessing if you have a really good accountant, they can almost justify everything, and put the sex toys, in your favour… [^]

Cheers,
sis

People 4get that by saving just $3 a day & investing it sensibly
over a…[Read more]

a sex toy can be a gift, to either your relationship manager, accountant, solicitor, PM or even your tenant.

Cheers,
sis

People 4get that by saving just $3 a day & investing it sensibly
over a working life, you’ll end up with around $1 million

Hi BC,

I have no problems in paying for my HECs debt, but why should i have to pay for it now, if i can defer it, the longer i can defer it, the more, i can utlise the cash now, and be able to pay for it, in a later date, Or when i feel comfortable in paying for it. As for the moment, im happy to defer it as long as possible or pay the minimal,…[Read more]

there are so many things you can claim, and this is a really small list to what you are able to claim,

further more you can claim, televisions, cable tv and even many other things, that havent been listed but will even surprise you more.

Cheers,
sis

People 4get that by saving just $3 a day & investing it sensibly
over a working life, you’ll end…[Read more]

Here are other ones, that most people dont know and there are even further more which are not listed.

though you will be surprised how many possible deductions there are.

* alcohol
* birthday presents
* bonuses
* books
* christmas hampers
* christmas presents
* cleaning products
* clothing
* commission
* crockery
* cutlery
* dining at Cafes/…[Read more]

The normal/common deductions include the following:

* advertising for tenants
* bank fees
* body corporation fees
* borrowing cost
* cleaning
* council rates
* depreciation and special building write offs
* electricity connections
* gardening and lawn mowing
* insurance
* interest paid
* land tax
* legal expenses
* pest control
* postage
*…[Read more]

before i do explain, what can be claimed, dont have a go at me please (for everyone, please read, even if you still are not satisfied, print this and take it to your accountant).

This is what has been ruled and are legally allowed to be claimed and deducted.

Cheers,
sis

People 4get that by saving just $3 a day & investing it sensibly
over a…[Read more]

Hi HousesOnly,

first up, i think you should speak to your accountant, as there are 100’s of deductions you can claim, and im going to list as many of them as i can in my next post.

Many of you are going to whinge and claim, that its a whole lot of bull of what im going to list, then talk to your accountant, your accontant will be able to a…[Read more]

Originally posted by westan:
by the way i’ll sell you a telly for $100 which is a real bargain.[]

Hi Westan,

are you able to sell me, about 5 tv remotes, i only got one tv, but i can never find the remote for the tv or vcr… []

Cheers,
sis

People 4get that by saving just $3 a day & investing it sensibly
over a working life, you’ll end up with…[Read more]

Though, i forgot to mention, if i was to sell, i would instead sell a property that had no depreciation claimable, but would also get the property re-evaluated, before it gets rented out again, to again further the amount of capital gains tax. (though this thing i mentioned, is another whole story on minimisng capital gains tax)

Thanks for your…[Read more]

Hi ziz,

first up, i wana say i like your forum alias nickname. (ziz… sis… [^])

With the properties that have depreciation, that is very true that ill have to pay them back when i make a capital gains profit. though the thing is, i have no intentions, in selling those properties, as with a capital gain, you can just refinance your loan or…[Read more]

Hi Richmond,

of course, eventually one day i have to pay it back, but in the mean time, the debt today may look big, but over time, that same debt will look smaller, to a point eventually were the HECS debt will look like a small drop, or a small fee, due to what the value of a dollar will be worth in the future.

As for paying it, if i can and…[Read more]

lol…

Which ones…

boobs.swf and nipplemove.swf…. [^][^]

Cheers,
sis

People 4get that by saving just $3 a day & investing it sensibly
over a working life, you’ll end up with around $1 million

Hi HousesOnly,

if you read the post again, you will understand, just have another read and will be able to understand, what im trying to explain. It is hard to understand, but ill try to break it down so everyone who cant understand will sorta get a hold of it.

Where you make a profit you pay tax, but if your making a lost, the effect is…[Read more]

Here is a link,

Kerry Packer was also able to avoid paying any tax, actually he did not pay a single dollar to the tax man on a profit of $1.25 billion dollars.

Click here to read Story

Cheers,
sis

People 4get that by saving just $3 a day & investing it sensibly
over a working life, you’ll end up with around $1 million

Hi HousesOnly,

There are 4 types of gearing:

++ve geared (Passive gearing)
+ve geared (Positive gearing)
=ve geared (Neutral gearing)
-ve geared (Negative gearing)

With the properties i have they fall into all these categories. Which causes an offset affect.

I do have 2 accountants that do the accounting work for me one works for the ATO and…[Read more]

The trick is, you can make money, but on paper, losses can show you are either having no income at all, or you are under the taxable threshold for any earnings to pay any tax. Any further taxable losses, then get carried over to the next year, further again increasing your paper loss, yet still producing earnings and profits.

Cheers,
sis

People…[Read more]

Its almost like -ve gearing.

Instead of offsetting the income against my wage, i have been able to offset it against the +ve cashflow properties, leaving my income full intact, but once you add in expense, my income taxable threshold decreases very quickly, add in the depreciation and then on paper it shows, im making a huge lost, but yet at the…[Read more]