how do you buy in the US? If your transfer your AUD to USD for your deposit, then you sell the property might go up by 20% but then the AUD has moved against the USD and your 20% profit might not turn into any profits at all when you convert the profits back 5 years, how could you control that risk.

well that is kind of a hurdle, a house costs $300k minimum, plus $20k renovation, just not the kind of money i have had spare, when my loans get down to $100k i might consider it i guess.

thanks Benny,
if i buy a unit that is in a complex of 4 on a block of land:
wouldn’t my property value decrease due to age (10%), and the land goes up buy 60%/4. So my value in land still goes up.
If the units all burnt down the land value that i own (1/4) has still increased.
??

sorry meant looking for a start in development and/or student accommodation renovations.
sarah are you in Brisbane? Who do you use for your student property managers? What about electricity and internet? How do you structure/bill for that?

so how can a plumber pay themselves a wage? What is the difference?

yeah so this may be worth while changing this all over.
move all my property to a trust, then pay a salary, then all profits will remain in the trust, and will only be charged at the lower tax rate?
Does that sound like something that i should investigate?

Ohh I should have mentioned I am 29. So no where near retirement.
Can I run a property investing business? Why not?
My parents used to pay themselves a wage and keep the profits in their business (plumbers). Why can I not do the same with a property business?

Ohh I should have mentioned I am 29. So no where near retirement.
Can I run a property investing business? Why not?
My parents used to pay themselves a wage and keep the profits in their business (plumbers). Why cannot I not do the same with a property business?

the other 2 can apply for first  home owners grant,I cantwhat happens there??richard out of options 1,2,3, they all look good.  But i guess which would be the simplest, easiest, cheapest option.Would we need an accountant to help up set that sort of thing up.How much does a company cost to setup?  We might be better and easier all putting in 15 ea…[Read more]

heres my 2 centsI laugh at the fact that HOLDEN brags about the fact that it spent $1 billion developing that "All new" commodore.The V8 is not even as powerful or as fast as the V6 because it is heavier.  What logic is there in having a V8? Just to burn more oil?Also I would much rather buy the last model commodore with different running gear…[Read more]

well i have 1 property that pulling in 6k i have heard that NZ market is still making pretty good % returns.  enough to make me want to go and take a look myself.Obviously if i buy, sure i can claim my expenses.But if only look, on what grounds and evidence can i provide to prove it is actually a business trip.  Surely i dont have committ to s…[Read more]

keep the prepaid stamp duty??  What is this and how does this work, i am interested?