tony wpb replied to the topic BLOOD ON THE STREETS in the forum General Property 18 years, 3 months ago
i sense sarcasm [ohno]
do you have any great deals you recently done?
tony wpb replied to the topic Foundation – you offered to tell us why in the forum Heads Up! 18 years, 3 months ago
I hope I am not reasponsible for sending you back to alcohol foundation[biggrin]. i enjoy your theories
cheers
Tony
tony wpb replied to the topic Any good strategies for getting out of debt? in the forum Help Needed! 18 years, 3 months ago
ask for a pay rise… first have in your mind why you deserve it .Dont ask if you dont.
get rid of all non essential expenses ,pay tv ,porn mags (may be essential for some) etc
make a series of goals with set timelines and stick to it , it sometimes pays to team up with a friend that may be in a similar predicament. Like going to gym if you pair…[Read more]
tony wpb replied to the topic My strategy of beginning in the forum Help Needed! 18 years, 3 months ago
Originally posted by tammy:
If you use the rebate scenario, in the future when you sell, for the purposes of CGT, do you use the price pre or post rebate?
TammyHi Tammy , the CGT implications are post rebate . ie of the price is $350K , you had a rebate of $70K then your net price is $280K lets say in 3 years you sell it for $400K then your…[Read more]
tony wpb replied to the topic St Clair Property and The Sydney Price Crash in the forum General Property 18 years, 3 months ago
Good point Dazzling , but unfortunately the media is a beat up of paid ads . A large portion of stories are advertorials (paid editorials). An expert is someone that made there money by doing not by telling people how to …
I think we should all be taking this negative media hype and putting it in our negotiating kit , to assist in some real…[Read more]
tony wpb replied to the topic When will Sydney property market crash? in the forum Help Needed! 18 years, 3 months ago
Originally posted by gmh454:
Wish they would tell it to the ppl of western Sydney, sure it would make em happier.[hmm]
[thumbsupanim] liked your comment
tony wpb replied to the topic they said 30% fall was impossible..yet we have 43% in the forum General Property 18 years, 3 months ago
Once again thanks for your insight into information that is utter crap.
So these figures below are all wrong are they. The share price does not reflect profit , but being an expert you would know this.
(2004)Telstra shareholders will receive the first instalment of the promised three-year $4.5 billion capital return through an off-market share…[Read more]
tony wpb replied to the topic Foundation – you offered to tell us why in the forum Heads Up! 18 years, 3 months ago
Hello foundation ,
Wow , I am drained from reading the history of the financial world of Australia. Your insight definately creates some personal thoughts that I can overcome.
Please dont take this comment offensively , but as an analyst or anlytical type have you ever invested? Please dont feel obligated to answer that question, but with in my…[Read more]
tony wpb replied to the topic I would If only i had the money(18th) in the forum No Subject 18 years, 3 months ago
Happy B’day DraconisV,
you are miles ahead of the pack just by showing interest in investing. Never lose site of your goals
cheers
Tony
tony wpb replied to the topic Would U buy this of the plan? in the forum Help Needed! 18 years, 3 months ago
i think you are mad even considering paying too much for something at the top of the market , yield reflects a lag in rental movement and it would be a major cashflow burden and will restrcit your ability to continue investing. Offer $400K otherwise forget it . You should wait 12mths and then you will experience what sydney and melbourne have been…[Read more]
tony wpb replied to the topic they said 30% fall was impossible..yet we have 43% in the forum General Property 18 years, 3 months ago
hello all
From Foundation
“I like the price/dividend ratio myself, by price/earnings (PE) is commonly accepted. Your point being?”My point is all of these ‘share experts’ quote wonderful sure fire figures , yet less than 1% could explain how their anlysis is calculated , so what does that mean?
For example the ASX 100 is based on the top…[Read more]
tony wpb replied to the topic Foundation – you offered to tell us why in the forum Heads Up! 18 years, 3 months ago
Hi Foundation,
Have found your post really intriguing and eagerly wait the next chapter ,
[grad] thanks tony
tony wpb replied to the topic they said 30% fall was impossible..yet we have 43% in the forum General Property 18 years, 3 months ago
Hi crashy ,
still waiting on that calculation , or dont you understand it ??? ASX 100 and ALL ORDS ??? Keep searching ….
If you wish to draw comparisons perhaps you should know how the figures are assessed . Dont just read numbers crashy and think you are an expert! Learn what they mean by how they are calculated.
I am eagerly awaiting my…[Read more]
tony wpb replied to the topic HELP Capital Gains Tax in the forum Legal & Accounting 18 years, 3 months ago
Hello elkam ,
yes you can accrue losses against CGT . Many of my clients are based overseas . The depreciation and other losses can be offset against the CGT.
Also using the NZ trust with a company trustee , this gives the ability to just transfer the shares of the company when you sell the property and the new purchaser takes over the sale…[Read more]
tony wpb replied to the topic When will Sydney property market crash? in the forum Help Needed! 18 years, 3 months ago
JUNE QTR KEY POINTS
ESTABLISHED HOUSE PRICES
Quarterly Changes
Preliminary estimates show the price index for established houses in Australia increased 3.1% in the June quarter 2006, compared with the movement of 1.1% in the March quarter 2006.
House prices rose in all cities: Perth (+11.9%), Darwin (+3.6%), Canberra (+2.6%), Adelaide…[Read more]tony wpb replied to the topic When will Sydney property market crash? in the forum Help Needed! 18 years, 3 months ago
Hello gmh454, where are did you get this statistic on growth?
Plan released to cope with Sydney’s population growth
New South Wales Premier Morris Iemma has announced a plan to manage Sydney’s growth over the next 25 years.The city’s population is expected to grow by more than one million people by 2031.
Called ‘City of cities: a plan for…[Read more]
tony wpb replied to the topic HELP Capital Gains Tax in the forum Legal & Accounting 18 years, 3 months ago
Another option that is very effective for CGT is to purchase using an NZ trust , the trustee must also be an NZ enitity. There aren’t the same Foreign Investment restrictions and there is no CGT. But with most creative strategies there are pitfalls, company tax in NZ is 36% on profit. It is simple to setup for an Aussie.
tony wpb replied to the topic BLOOD ON THE STREETS in the forum General Property 18 years, 3 months ago
Hi Redwing , thanks for the comment , i am know more confused than when i typed the response at midnight [biggrin]
The properties i noted in the Docklands is stock holdings in completed projects (not Mirvac).
tony wpb replied to the topic My strategy of beginning in the forum Help Needed! 18 years, 3 months ago
Also , yes that is correct using that technique you would only need $8K .
You must of course ensure you then have the cashflow to service your investment . Which if you can save $200/wk you should be right , without knowing your financials .
tony wpb replied to the topic My strategy of beginning in the forum Help Needed! 18 years, 3 months ago
Hi Redwing and DraconisV,
the vendor is not imposed with addittional tax as they pay based on amount recieved and the rebate is documented as a discount at settlement. Similiar to Harvey Norman cash rebates on air cons.
There is a clause added to the special conditions the sale is subject to acceptance of the rebate agreement. The rebate…[Read more]
- Load More