Recent content by GlennG

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    Tax-deductibility of interest on IP loan with offset account

    I haven't understood the answers to your question but that may well be because I don't know much about tax! I just wonder if confusion is caused by you saying that you have 150K in the offset account, but that you haven't touched the funds yet. Are you sure that the funds are actually in the...
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    How apportion Main residence & Granny Flat in 2-storey house?

    Thanks again Paul I've been reading up on tax issues the last few days and have come to the conclusion that it's not my favourite subject. I'm thinking now of using the Granny Flat in other ways - maybe for a house sitter during periods when we are away - free accommodation in return for...
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    House Sitters

    I actually feel a bit jealous of you! I'm not used to that emotion. It sounds like you lead a very interesting life!
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    How apportion Main residence & Granny Flat in 2-storey house?

    Thanks Paul. Once the house is built we'll live in the main part and rent out just the granny flat part. So I'm presuming that sometime down the track we or somebody else will have to pay CGT on the part that was rented out. Maybe the simplest thing is to go by the % of total floor space for...
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    How apportion Main residence & Granny Flat in 2-storey house?

    Hello, hope you are able to help me do the right thing We will have a two storey house built soon. It will include a 'Granny Flat' which will be rented out. Because we are in a flood prone region we will have the Granny Flat built on a 'Workshop' or Garage below that will be for our use only...
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    builder broker

    Could you explain and support the 'volume buying power' part? I'm keeping an open mind Thanks
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    Rebuild IP, live there and rent out current house

    I'm a bit naive when it comes to finance/tax matters so I thought I'd run this past more knowledgeable people for any comments. Soon will be retrenched. I'm around 60. Good payout and already fair amount in Industry super fund. Will have a (taxed) pension, so will have a strong cash flow...
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    Reliable Builder Central Coast wanted

    new house Hi, I'm also interested in builders that I can trust - for a new house on Central Coast Any opinions from anyone? Might be interested also in that PM, Propertunity! Many thanks
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    Daniel Amerman - Turning Inflation into Wealth

    How did you go with this coastymike and would you recommend people buy it?
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    Macquarie Prime - margin lending

    Does anybody understand why shares are bought on margin rather than using a loan raised against one's home or IP? Surely it's better to have a lower interest rate. Is it because people want to put everything they can borrow into further IPs - or am I missing something?
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    Daniel Amerman - Turning Inflation into Wealth

    The way I see it - in times of high inflation it could have all come from inflation and no real growth of value of the asset. So 800K would roughly only buy what 350K would have bought 10 years ago. But if you'd borrowed to buy the IP you would be in a better position due to inflation eroding...
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    is this a bouncing cat?

    Please tell me you meant 5.5-6K! How can one spend 60K on brokerage? Surely that must become an enormous negative factor in investment performance. chilliaa was making a lot of sense to me up till now, but I thought that one advantage of his approach was a lower turnover of stocks (sell only...
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    All Ords hit 5000...... What now?

    I'm glad that you started this thread back in 2006 as it has been interesting reading. But did you ever consider editing the first sentence? :) Any updated opinions from any contributors? Is there a more up to date keithj spreadsheet looking at p/e ratios? Cheers
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    Comment by 'GlennG' in media 'How Cool is That??'

    Google pictures search - for Lightning Sunset And then asked for the large photos only Or cut and paste http://www.google.com.au/images?um=1&hl=en&safe=off&biw=833&bih=451&tbs=isch:1,isz:l&sa=1&q=lightning+sunset&aq=f&aqi=g10&aql=&oq=&gs_rfai=
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    Daniel Amerman - Turning Inflation into Wealth

    Hi everyone I've been reading articles by Daniel Amerman He seems to make a lot of sense to me. But I'd like to hear opposing opinions if there are any. He obviously would like people to buy books and dvds, but there is a lot to read for free. Some people here would have already been...
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