Recent content by Coconutwheels

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    Newcastle/Hunter/Central Coast meet

    Just you and I atm Kad! Weekends or evenings for me too. I think we might need to migrate this thread over to the new forum though:rolleyes:
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    Newcastle/Hunter/Central Coast meet

    No worries Lizzie.....sounds like your ventures are keeping you pretty busy!
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    Tax deduction for owner repairs

    What if you had an actual handy man business, run through a company. Could you charge it out to yourself as you would any other job?
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    Newcastle/Hunter/Central Coast meet

    Free beer!!!! . . . . . . ........not really:p There must be a few out there in Newcastle keen to talk property.
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    Newcastle/Hunter/Central Coast meet

    Reviving an old thread, any interest now?
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    Birdsville Races

    Take some goggles, I was there in 1999 and it was windy creating a dust storm. They were selling disposable goggles for $5 but sold out by 10.00am. I offered a guy $20 for his as the dust was terrible. By midday I had guys offering $50 for them.
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    What to do with my DT and company trustee

    Thanks for all the replies. I'm thinking if I had no immediate plans I'll shut it all down. Considering the annual costs it wouldn't be much more to start a new one anyway, and then there's no risk from previous dealings. If I go ahead with my little handyman/bookkeeping biz I'll seek...
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    What to do with my DT and company trustee

    Haha...no worries I'm interested too. I kept my business account in the company name open as well, under advice from my accountant. The $10/month really peev's me off.
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    What to do with my DT and company trustee

    That's what I was worried about. It was a pizza shop, however we employed [U]a lot[U] of staff over the years. Maybe it'd be ok for my little handyman venture, it wouldn't have any assets really.
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    Regional NSW & Granny Flats

    I've done a small cheap build in Valentine (Lake Macquarie), 38m2 with own access via lane way. It easily rents for $255/week. If I'd spent another $30k I'd Ibe getting around the $300/week Mark. It's on ppor though and I wasn't willing to sacrifice anymore backyard. They are now catching...
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    What to do with my DT and company trustee

    G'day, I have a Discresonary Trust with a company trustee that was used to own my small business. I've since sold the business and wondering what's the best use of the DT and company? Obviously I'll be seeking specific advise, but just after a few ideas/education. Would it still be useful to...
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    Can you service your existing debts if rates rise to 10% or 18%

    At 18% I would be stuffed! If rates jumped to 9% over night, I'd ok for two years. At which point my wife and I would need to go and get real jobs again. I see 9% as a real possibility at some point down the track, so I'm working to eliminate that threat over time, increase cash flow...
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    Minimum return you'd do a Granny Flat for?

    Hey RetireRich, Another fellow terrace investor :cool: I'm in early stages of pricing atm but as a comparison I had a small GF built for $72k in Lake Macquarie, the builder came from about 3hrs North of newcastle. This was three years ago though, and I went super cheaper and small as I...
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    Minimum return you'd do a Granny Flat for?

    Ah! Duplex, that's somthing I hadn't thought of yet, for down the track. I looked at subdivision but not if its suitable for a duplex. Cheers
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