It really depends, property can be either positive geared on the full purchase price or with cash deposit.
The main idea is, trying to purchase a property with the minimal cash from your pocket for the purchase and cost, but also proving and allowing the property to be +ve cashflow, while using limited dollars from your pocket, or…[Read more]
It might not be accredited, but if it is related to your property investing, which you do, it is claimable and your accountant can help you justify those reasons.
I have seen tiny i mean really tiny studios for sale that are +ve geared. Yet i wont even touch them, there that tiny, you will have more problems in servicing the loan, that the studio will also be harder to sell, when you need to offload it.
But they are there and available and to be honest there not worth it, unless you are prepared…[Read more]
I do remember Matt, talk about recieving 50k in the past. So he is telling the truth as far as i know.
Yet, i think serioulsy and being able to relate to his age, What Matt is doing is very Pro Active. Honestly, not many teenagers his age, are thinking about their future.
To many teenagers, these days dont worry about today or…[Read more]
Cant remember, and havent used this site in ages. I think this is also another one that gives free evaluation on houses, either on properties you own or are interested. Though the response is slow.
The most easy way of doing it. Is purchase everything on credit card or your debit card. Keep all reciepts, then when your monthly credit card statement comes in. Highlight all the applicable expenses that match your receipts, Your accountant can then go through them quickly and is able to justify them with them with the recipts as…[Read more]
If a mother or any person, has had an interest in property before, other than IP after July 2000. They are not elgible for the FHOG, in this case.
Though if the mother decides to purchase a property in joint ownership with her son, its conflicting interest, as she has had an interest in property before hand. In this case, the son…[Read more]