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  • Profile photo of TIGTIG
    Member
    @tig
    Join Date: 2003
    Post Count: 8
    February 10, 2004 - 3:20 am

    Mel and Simon, Thank you for your advise.
    CBA does include the protential rental income in her calculation, but didn’t let me know how much was it.

    Profile photo of TIGTIG
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    @tig
    Join Date: 2003
    Post Count: 8
    February 8, 2004 - 3:32 pm

    Thank you, Mel [:)]

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    @tig
    Join Date: 2003
    Post Count: 8
    September 23, 2003 - 3:28 am

    How does it charge? I mean if I end up decided not to purchase the property which spotter found, then do I have to pay the same amount? Those “awesome” property, are they all +ve gear?[:)]

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    @tig
    Join Date: 2003
    Post Count: 8
    June 25, 2003 - 4:25 am

    Dear Stuart,

    Could you please explain the correct structure for DIY Super? I’ve attended Peter Spann seminar in Sydney last month, and get very exciting about the speaker Barbara ??? from Taxpayer Organisation talked about setting up a DIY Super, then I can invest on property as joint venture between Super Trust & myself provided this Super Trust do not borrow any money for investment.
    As per explained at the seminar, due to the trustee & beneficiary can not be the same person (ie. myself), therefore it is better off to setup a company as trustee (Director is myself), then I can have myself as trust beneficiary.
    But, yesterday when I call the Taxpayer Organisation to enquiry more detail, also to consider joining their membership & setup trust package, the lady told me that I do not need to setup a company as trustee. I can be a trustee as well as beneficiary.
    Now, I’m totally confused. I’ll be really appreciate for any comment or advise, as I would like to setup DIY Super before 14 July 03.

    Many thanks,
    Grace

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    Member
    @tig
    Join Date: 2003
    Post Count: 8
    June 24, 2003 - 2:26 am

    Hi Walkernick,

    I would be interested to attend this meeting. Could you please let me know will registration is require?

    Thank you,
    Grace [:)]

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    Member
    @tig
    Join Date: 2003
    Post Count: 8
    June 19, 2003 - 7:02 am

    Hi New Investor,

    I think it called NRMA in NSW. As recently I bought a IP in VIC., and require to purchase a building insurance, I got so confuse between NRMA and RACV. As I’ve been told by RACV, they are affiliate with NRMA. You may check out with them as well.

    Regards,
    Grace

    Profile photo of TIGTIG
    Member
    @tig
    Join Date: 2003
    Post Count: 8
    June 18, 2003 - 4:44 am

    Hi,
    I’m very new to this site, and found that these informations are so valuable.
    My situation is so similar as Richmond, ie PROP for owner occupancy, and 1 IP, I think they are cross securitisation rather cross collateralisation. Can anyone suggest how can I rectify this situation, so that I won’t end up down the street if anything go wrong with my IP?
    Many thanks,
    Grace [?]

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