Total Members: 159,215

westan

  • westan replied to the topic CGT and trusts in the forum General Property 20 years, 3 months ago

    Ausprop

    Oh i wouldn’t go there if i was you.

    Hey, but you could build a big house and claim its your church, but no you shouldn’t do it

    and a nice swimming pool and say its where you Baptise people, No no it would be wrong.

    oh i’d better stop i think i hear a thunderstorm.

    westan

    I live in New Zealand and for a fee find cash positive deals…[Read more]

  • westan replied to the topic Immigrants- Regional Aus/Low pop growth metro area in the forum No Subject 20 years, 3 months ago

    Hi Jo

    i think you may have misunderstoood the purpose of these documents. they list regional areas and low population areas of the metro areas. It doesn’t list low growth regional areas as i think you were thinking.

    to prove my point some of these postcodes are of the fastest growing areas in Victoria are in that list eg
    Echuca 3564
    Mildura…[Read more]

  • westan replied to the topic QLD vs NZ in the forum General Property 20 years, 3 months ago

    Hi all

    CD gee you have been very active since we last spoke, i’ve actually bought 21 forgot one.

    what i really wanted to say was to ask Yorker why he says
    NZ offers better cashflow, however at present QLD provides better capital growth.
    I thought that the capital growth in QLD was at about the end of this cycle also for much of the same reasons…[Read more]

  • westan replied to the topic 1st time investor in Cairns in the forum No Subject 20 years, 3 months ago

    Hi JOKOB

    welcome to the forum, i encourage you to also do a “search” through past forum posts as i recall this being discussed recently. You may find something of value to you there.

    regards westan

    I live in New Zealand and for a fee find cash positive deals there, email me at westanjohnson@hotmail.com to join our database

  • westan replied to the topic ‘In nature there’s no blemish but the mind’ in the forum Opinionated! 20 years, 3 months ago

    Well

    Marc is it wrong to be happy when we see justice handed out ? I don’t think that it is, if the man was repentant then i might change my attitude.

    regards westan

    I live in New Zealand and for a fee find cash positive deals there, email me at westanjohnson@hotmail.com to join our database

  • westan replied to the topic QLD vs NZ in the forum General Property 20 years, 3 months ago

    yes Erin

    i’ve bought 20 since July 2003, the last 6 weeks ago.

    regards westan

    I live in New Zealand and for a fee find cash positive deals there, email me at westanjohnson@hotmail.com to join our database

  • westan replied to the topic Investing in NZ in the forum Help Needed! 20 years, 3 months ago

    Hi slodki

    i always provide the phone numbers of local property managers so that our buyers as part of their own checks can confirm for themselves the rental income we suggest. I actually encourage people to phone the property managers, as the last thing i want is people comming back to us saying you said $150pw and no we we are only getting…[Read more]

  • westan replied to the topic CGT and trusts in the forum General Property 20 years, 3 months ago

    Hi Geo

    it should be standard in trust documents to mention donations to charities etc, it doesn’t need to specifically mention the charity.

    regards westan

    I live in New Zealand and for a fee find cash positive deals there, email me at westanjohnson@hotmail.com to join our database

  • westan replied to the topic Sat’s Rugby Test in the forum Forum Frolic 20 years, 3 months ago

    Hi Guys

    how does this competition work? is there no finals, just the team with the most points wins is that it ?

    or do the two teams on top of the table meet in a final ?

    regards westan

    I live in New Zealand and for a fee find cash positive deals there, email me at westanjohnson@hotmail.com to join our database

  • westan replied to the topic Olympics Aussies world Number 1 in the forum Forum Frolic 20 years, 3 months ago

    Hi all

    well its now day ^ and Australia have slowed down the medal tally but hey we are still in $th position after the Japanese have done really well. The US and Chinese as expected have pushed ahead on the medal tally. We might stuggle to hold 4th position by the end of the games. But remember after the 8 in Munich, in Montreal 1976 we won no[Read more]

  • westan replied to the topic ‘In nature there’s no blemish but the mind’ in the forum Opinionated! 20 years, 3 months ago

    Hi Gatsby

    If he was permanently banned from providing financial services for being ‘an amputee’, I wonder if society would be up in arms?

    shouldn’t that be up in Arm ? [blush2] sorry could help myself.

    Must admitt i have trouble feeling much sympathy for Mr Rivkin. Pity he didn’t come clean and avoid all the stress it caused him.

    regards…[Read more]

  • westan replied to the topic Loans for 18yo in the forum Help Needed! 20 years, 3 months ago

    Hi all

    slodski, the advantage of NZ is you can buy properties still for under 40k , but the problem will be at least 20% deposit.

    When my son bought his first property in Ararat a few years ago he couldn’t get a loan as he had just started a new job. So i leant him the money (actually it was my mother come to think of it), and he did some work…[Read more]

  • westan replied to the topic CGT and trusts in the forum General Property 20 years, 3 months ago

    hi terry

    thanks for that

    the difference is that donations to a church are not tax deductable under normal circumstances (unless its a building fund or something like that). However a distribution from the trust means you can support a church with pre tax dollars.

    regards westan

    I live in New Zealand and for a fee find cash positive deals…[Read more]

  • westan replied to the topic Financially Free Mentor in the forum Help Needed! 20 years, 3 months ago

    Hi Stariah

    there are many people on this forum who are financially free, thanks to property investing, but that doesn’t mean they know more than others on this forum. For some of them it has been time in the market that has helped and others have fluked it.

    Thats a very Generous offer Gatsby and Stariah should make the most of it.

    But Stariah…[Read more]

  • westan replied to the topic Investing in NZ in the forum Help Needed! 20 years, 3 months ago

    Hi all

    Slodki, i think the others operate the way we do, (i don’t know i’m not on there database, maybe i should?), anyway back to the question.

    as george said you join our database and then recieve emails when properties become available, or you can specifically request an property in an area and we find one for you that way.

    Basically you are…[Read more]

  • westan replied to the topic CGT and trusts in the forum General Property 20 years, 3 months ago

    Hi all

    Just in case there is any doubt by people, CD and Terry are 100% right , the trust will be penalised financially by paying tax at the highest rate if it doesn’t distribute the profits at the end of each financial year.

    Remember that unearned income to children will be taxed at 66% if the money is more that the threshold, so sometime its…[Read more]

  • westan replied to the topic QLD vs NZ in the forum General Property 20 years, 3 months ago

    Hi Erin

    as far as expected capital growth, if you had asked me 3 months ago i would have said continued slow growth. However somethings have changed recently.
    Firstly the RBNZ has continued to life interest rates even though it was already the highest in the developed world. Personally i think the rates will end up coming back in the next 12…[Read more]

  • westan replied to the topic QLD vs NZ in the forum General Property 20 years, 3 months ago

    Hi Erin

    just a response about the property that you posted, you need to be careful with towns like Murupara, its only a small place of about 2,000 people and considered very romote by NZ standards. I notice on the ad it says Rotorua, well rotorua is about 70km away. The town has large unemployment 31% compared to the NZ average of 46%. But if…[Read more]

  • westan replied to the topic Mildura in the forum General Property 20 years, 3 months ago

    Yes Kay

    good comeback there[B)][dazed][dead]

    i give up you win.

    regards westan

    I live in New Zealand and for a fee find cash positive deals there, email me at westanjohnson@hotmail.com to join our database

  • westan replied to the topic Mildura in the forum No Subject 20 years, 3 months ago

    Oh come on kay

    you can do better than that, how about something like
    No don’t buy there the river is dieing up and there will be a lack of water to sustain any population in the future. Or what about global warming will make the area a desert. Come on something for a bit of discussion.[biggrin]

    regards westan

    I live in New Zealand and for a…[Read more]

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