Great info as always Anthony! Thanks!

Well said emptyvessel. It does seem that all the negative thinking bears want to do is stand on their corner soapbox and become pompous, pious, pontificating 'I know everything' preaching buffoons because most simply are jealous they haven't the balls to do it themselves. Cutting down tall poppies will always be the preferred route of the weak…[Read more]

G'day KateI worked for Premium Finance Services as an In Home Consultant for 14 months up to the end of Oct last year. The simple answer is this: we were trained to talk about the "Knowledge is Power" we'll give you a "Financial Health Check", do the Retirement Planning, and so on. You would have filled in a signed Assets & Liabilities sheet, a…[Read more]

Learn how, then learn about the risks, then learn how to manage the risks, then invest with confidence. Great read!

Exactly what this forum needs sometimes – a bit of optimism!Great read ALF1

I like it! Broken down in 14 simple steps. You don't have to agree exactly with all the rules but you can't argue with the logic behind the fundamentals!

KNOWLEDGE FOLKS, KNOWLEDGE! That is why we come to forums like these.

We export primary products more so than secondary. Certain countries like the USA may have a downturn in the Car Industry (Secondary) but there will always be other countries that will still manufacture cars and need our steel and iron (Primary).

WOW! Great read ALF1

RICH DAD, POOR DAD Correct Knowledge is the KEY and the DIFFERENCE between the two.

Gee Property Investor1, if I didn't know any better i'd think you were PennyBaker's brother. Again, pretty over-the-top with 'glowing praises' considering this is your first post. Like Penny, most people will read your post with a grain of salt.

Hi JPR.It sounds all too familiar – a typical "wealth creation" company that disguises some minor good works through the finance re-structuring but their sole goal is to flog you one of their investment properties. Perhaps if you have a look at this link and look at the very last page with my comments, you might be…[Read more]

G'day Stuart.I know a little about investing in the US of A and know that there is presently NO double dipping on the tax obligations. You either pay the 30% taxation in the US or you pay it in Australia – NOT both! It may help to have a look at a collegue of mine's website at http://www.investuspropertygroup.com.au you may get your answers…[Read more]

What the ? I thought guyser's were found in parks like Yellowstone CHEERS!TC

I'm with Jamie and Catalyst.This forum is not about coming in and flogging your wears. We all like to make money and some of the people who contribute regularly to this forum are professionals who give their knowledge and advice freely without the need to blow their own trumpet. Give before you ask to receive and you might find people will swamp…[Read more]

Many thanks Terry. You're absolutely right however, in my humble defence, it was late, I was tired and know that if a mistake is made there will be someone in the forum to rectify! That someone, this time, was you and it is appreciated – particularly for those wanting to learn and needing accuracy!CHEERS!TC

Inflation is not factored in with depreciation as there are very strict guidelines to be followed in making a 10 year depreciation schedule by a Quantity Surveyor. Have a look at BMT's website at http://www.bmtqs.com.au or call on 1300 728 726 for the cost of a local call from anywhere in the country. When in doubt, ask the experts!CHEERS!TC

G'day Iamsooty.I worked for Premium Finance Services as an In Home Consultant for 14 months up to the end of Oct last year. The simple answer is this: we were trained to talk about the "Knowledge is Power" we'll give you a "Financial Health Check", do the Retirement Planning, and so on. You would have filled in a signed Assets & Liabilities sheet,…[Read more]

A lot depends on access to your existing property – is it a corner allotment because if not, you would probably be looking at a hammerhead with your existing 20m frontage. Next, it would depend on the Lands Title  Office as to your titles classification for the land and any provision for further subdivision by the LTO. Your next hurdle will be…[Read more]

Hi JPR.OK, settle down young grasshopper.CGT works on the govt taking 50% of your profits for the financial year you sell the property in and then add this gain onto your earnings for that year. This then gives you a total earnings for that year which is then taxed at the marginal tax rate the total earnings falls into. SO, what does all that mean…[Read more]