Recent content by Starting out

Renting from trusts Jas how long do you live in your house for before moving on? I asked my accountant a few months ago about this and he said only about 1/10 claims go through successfully. This info stopped us from going ahead with it. Cheers Starting out

Thanks Rolf, Yes we can support this loan, and not having a mortgage makes our borrowing capacity better. Regards Starting Out

Hi all thanks for helping with this one. History-- I have a PPOR with 200k equity, excellent 2002/3 growth. Property will be a 10 minute walk to new Westfields shopping centre when complete next year. Residex only predicts 5% growth for this suburb. Reason for sale- Can use this 200k...

Thanks Owen, I have ordered this magazine Cheers Starting out

Thanks so much Owen for your response. I have been madly asking millions of questions to research if its worth while. I did not know that you pay CGT in Australia for the sale over there. Im also having heaps of trouble trying to find information similar to residex reports. The top 100...

Tax Hi Guys, So in Blossoms situation (or others alike) which purchasing structure mentioned above would have been best? Aussie trust or NZ company with individual names as benificiary? Blossom did you find it simple to get finance in NZ not being a citizen? Thankyou Starting out

Thanks Jym, you have made my day. What a legend!!! Regards Starting out:)

Hi Guys, Does anyone know of information available in New Zealand thats similar to our Residex reports? Thanks in advance Starting out

Jack Weaver I did it when it was priced at $2990 last November. A good course when you have no idea where to start, about structuring, property, legals, shares and referral to networks of people to use. We made our money back from our first deal and do refer back to the manual when needed...

Congrats! Congrats!!! Thats an amazing acheivment. 2 more sleeps to go! Best of luck, Starting out

NRMA Dear Retired by 50, Just check that, i just read the cover from NRMA building & content insurance with the idea of purchasing landlord insurance elsewhere. NRMA do not cover the building and content if the tenant or guest intentionally arsen the property, whereas QBE building does. This...

Thanks guys, Its a family trust and we are both on the loan. Am considering changing it to our individual names if vendors allow us. Settlement is 10 days away but finance was due Friday. You think you have it all sorted and answers to questions, than a "but" comes along..... Thanks for your...

I have a situation i really dont understand. We set up our trust using our accountant and solicitors using the risk management method to decide on who should be the director. It was decided that my partner should be as he has the most risk in his line of work and i have the assets (with equity)...

LVR Thankyou guys, Aceyducey, does that mean you save for a deposit and legals before purchasing? If so what % deposit is your benchmark? many thanks Starting Out

Good afternoon guys, Does anyone know of lenders that loan to trusts on 100% finance using equity in Ip as security? Thankyou in advance Starting out