Recent content by pelanie

Hi Rob, who is james GG?

It will be really good if anyone can help me with this. I often hear about asset protection and tax minimization, but then, at what stage do i set this up ? i went n talk to some lawyers, they suggest to set up a trust, then i went n talk to some accountant, but it seems like they have no...

well, the house dont cost me anything now.. as it is rented out, so tenants pay for it.. i've also drawn out the equity from the house actually.. :) but the house is getting old though...i dont know.. n buying the neighbor.... geeess... that is not good... cos the house is really old, both...

well, i'm sure we can find a better deal somewhere else... need to keep the momentum going or else it is like stagnant if we leave it there for that small potential growth (since it has grown already) Or even worse, small cash flow from the property.... but still abit undecided...

if it is really really old, like 40 years, can you still claim depreciation? Another thing is, we bought old house and try to do it up... and gees,,,, that is really hard work,,, n the job turn out to be so-so not very professional.. so at the end we had to pay someone to finish the job...

hi, well yes, i can see that it has grown quite abit, that is why i was thinking of selling, if not, at what stage should i sell? thats the thing, should i take the profit n move on, find something else, or should i hold.. not sure hold till when though.... in addition, the house is also...

Hi all, I'm thinking of selling my IP. however, i've got a neighbor that is really dirty and messy... it looks like someone rob their house!!! gees,,, their front fence is half up, half down.. their lawn is knee high in front of their house, they have stuff lying all around their front...

gambling, quick in, quick out. fast.. investing, taking a longer time.. investing-waiting game... :p gambling-hoping game.. :cool: so which game would you wanna play? well, i reckon at the end everything is a gamble.. even if you have done your research etc, when it doesnt go on your...

well, it is just like shares, previously everybody said that share is not "overprice" it has been up, up, up since i dont know when,,, so, everybody started putting more n more in it.. guess what!!! boom, it fell like never fell before!!! last year.. so i'm just abit concern about the property...

well, just want to stay at a bigger house, then on top, maybe when the price goes up i can then take out the money n buy other investment property?

Hi, i'm a new member and i stay about 2 hours from melb, looks like a fun meeting!!! would you guys be able to organize the next meeting on a weekend instead so that it will be easier for people to make it? :rolleyes: Do you have a meeting every month? or just whenever someone feels like...

i'm also wondering, how many gold can you buy, and seriously where do you store them? i was contemplating on this too 3 years ago i think, when gold was about $800++ after listening to robert K. but becos of the question above, i gave up and just speculating it for awhile... now, i'm over it...

Hi, hope you all can contribute to this. I'm having a dilemma now as to whether i should upgrade the house that i'm staying at the moment. The cost of the house and interested will be double.i'm at the point where i can easily afford to upgrade but i am not sure if i should do that. I'm...

Hi, Do you guys find a better return with houses or units? Also, do you buy newish ip purposely for depreciation or it doesn't matter? For those that think negative gearing is good, i just think that it won't work as good these up coming years as the capital gain over the years have already...

Hey The Y-Man, What do you suggest? Commercial/ industrial? what are you holding? I really am intrested in finding one that provide a postive with 20% deposit. Pelanie