So what would you like to know? Unlimited Finance!

Hey Stu,
How about “How to apply for finance and come out with a smile.”

Enjoy
AD [:0)]
(Andrew)

“Character cannot be developed in ease and quiet. Only through experience of trial and suffering can the soul be strengthened, ambition inspired, and success achieved.”

Hi Stu,

The thing that we (and I think others) really want to know is:

When you set up a trust structure, what info do the banks require about prev. loans in the guarantor’s names.

We have just set up a new trust structure, and are applying for finance, and the banks seem to want to know EVERYTHING applied in my name, our businesses name etc etc., which seems to defeat part of the purpose of changing structures.[8]

I thought that when a new structure is set up, only prev loans in that structure name should be on the application, plus one or more guarantor’s tax return / group certificate. Isn’t that how you get unlimited finance, or have I missed something?????[]

We need your advice and help please. If you hadn’t entered this post, I was going to try to ring you tomorrow. We feel that we’re being led down the garden path with the banks.

If you need to discuss this further, our email address is [email protected]

Thanks Stu,

Wil an Del

Hey Stu

I am in the same boat as Wilandel. Just set up a trust and i am looking at a cpl properties on the weekend and just dont know about finance and who is the best institution/broker to go and see.
(totally finance illiterate)

Regards
Alex

Hi Stu

We are at the same stage as Wilandel, we have a hybrid trust which our accountant created for us and we have done our research about how to use a trust, but how do we get this unlimited finance part going.

Also is it possible for you to email a copy of your no money down article.[]

[email protected]

Cheers
Leigh K[]

Read, learn, grow but most of all just do it.

Hey C2,

You should be looking right into doing some investing if you can get loans at 2.5%. What are the basic qualifications for these loans and what sort of fixed rate and duration can you get on them? If I was in your position I’d be snapping up properties left, right and centre by using Australian JV partners!

Stuart,

As mentioned above, I think there is a lot of interest on the site at the moment for;
1. Aussies investing in NZ.
2. Unlimited finance techniques.
Something else I personally think would be good may be a comparison between the Australian and overseas markets i.e. Can you predict trends in Australia by looking at the American market (things like interest rates and loan products, vendor finance etc).

Cheers, Leigh.

quote:

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Hi! I’m new. Can someone tell me whether stamp duty can be tax-deductible when it comes to investment properties?

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Hi big cat, all direct and indirect expenses in relation to an investment prperty are tax deductable.
cheers
John

Hi Johnd & Bobbie,

Thanks for your comments. I’m not sure, I think maybe Bobbie is right – stamp duty cant be deducted from tax. Can someone confirm?

I’m scared about property investment, though I’ve paid off my home and got some savings towards a 2nd property. Thinking about home&land packages, can someone out there (kindly) offer some tips? Pros/Cons?
Thanks, big cat[]

I understand Stamp Duty as a capital aquisition cost and part of the loan. So the interest on the loan is deductable. So in effect the interest on the Stamp Duty component, can be deductible in effect, but Stamp Duty is not directly deductible as an expense item per say