Originally posted by voigtstr:
Thank you for the replies. Initially to pay down the debts I was paying more into the account that had the highest interest. Lately I’ve been paying more into the account that had the smallest balance. The theory is, you can see the progress quicker. So I am paying the minimum payments (except on the 5 year fixed…[Read more]

My apologies all.

I missed the CGT part:(

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Will she read a book?

Something like “Ordinary Millionaires” by Jim McKnight will probably have a story she can relate to.

I totally agree with the one property at a time approach. Don’t scare her to death!

cheers
ani

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Yes

Income goes into the year it is received.

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RP Data search should tell you the owner

chhers
ani

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Originally posted by nickelben:
I had signed a contract to purchase a commercial property with 30 days due diligence. I had ordered valuation & building inspection to be done. What else should I do to evaluate the purchase ? I would appreciat e if anyone would shed a light on this topic . Thanks…

Help needed
Nickelben[worried]

I’d want to…[Read more]

Yes it has to be land tax he is talking about.

The structure he might be referring to is a Property Investor Trust which advocates a separate trust for each property in NSW to make use of the land tax threshold.

I would recommend lots of research as there is no indication that the OSR will continue to allow this sort of trust to be exempt from…[Read more]

Hi

Nick at Strategic Wealth Management comes highly recommended.

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