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    Strategy question

    Hey, I have one in bathurst and one in wagga and I agree cg hasn't been there since I purchased although it's been less than 12 months and I think I've bought bought near the top of bathurst. I'm hoping for cg of just 3%pa so hopefully I'll get it, but don't know if I will. I've also been...
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    What economic group did you grow up in?

    Oh, okay. :) I thought it might have been at Wongawilli, another village just out of the Gong. Just being a sticky beak ;)
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    What economic group did you grow up in?

    At Wonga??
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    Do you know your neighbours names?

    Being a bit of a country bumpkin I think it's bizarre enough that people can live in a house that's 6 feet from the one beside them, not to mention not even knowing their name! We're surrounded by national park on 3 sides and can't see any houses but still generally know who's who...
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    Seriously will Syd ever stop going up?

    Not just Sydney I rang up about this one in good ole' Dapto today, thought I'd get in quick after noticing the New status on the ad. http://www.realestate.com.au/property-house-nsw-dapto-119855661 The agent said there were 35 groups through the 1st open on Saturday, 6 offers were placed...
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    what is it about YOU?

    I was going to say I'm just lucky but Skater beat me to it. :D
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    Nowra Meet Up - Thursday 14th May

    Nice pic, looks like we're swinging off the rafters! - Straight to the poolroom. :D I really enjoyed it - funnily enough we didn't talk about property much! Bob - the 3rd guy was some bloke we found at the bar..... kidding :cool:
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    Claiming up to $20 000 immediate deduction

    I was just going off this, although I know it's not until July '16. But in addition, from July 2016, farmers will be able to claim an immediate, total deduction for any spending on fencing and water infrastructure. They will also be able to claim depreciation on fodder storage over three...
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    Claiming up to $20 000 immediate deduction

    Ok, thanks Dan, good to know. I've been shopping around anyway so it looks like the announcement wont change anything in that regard. I do have to spend about $10000 on fencing though, and I see we can write that off immediately now. For us it's not a case of panic spending but being able to...
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    Claiming up to $20 000 immediate deduction

    I thought that if it's 100% business use then it can be 100% claimed. I was already looking to buy a new farm ute (around $35,000) which will replace my current ute and is 100% business use. My understanding is as follows: (in rough figures and in very basic terms) -Purchase price -...
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    2015-2016 Budget

    Just re-reading, maybe I took it the wrong way... "In arguably the budget's biggest shock, businesses with an annual turnover under $2 million can claim immediate tax deductions for as many sub-$20,000 purchases as they make between 7:30pm on budget night and June 30, 2017, rather than having...
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    2015-2016 Budget

    Jerrybee, I think I read somewhere that its until 30th June 2017. And it's unlimited in that if you buy 3 items at 20k then it will reduce your taxable income by $60000. Better check that info though.
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    Nowra Meet Up - Thursday 14th May

    Too funny!
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    Nowra Meet Up - Thursday 14th May

    Ahem, we don't have dodgey pubs down our way thank you very much, just fine dining and drinking establishments. ;) .... until the sun sets then they become boxing rings :eek: We're heading to the North Nowra Tavern which is on the north side of the river, off the highway. I think you're...
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    Hidden Gems of Regional Investment

    I'm totally going through old threads now! :D
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    Hidden Gems of Regional Investment

    Oooooooh, do tell me about this mysterious chap named Star! :eek::eek: Lismore, Tweeds, Ballina are all all close to Byron, no? Here's our guy! http://byronpropertysearch.com.au/michael-murray Welcome aboard Michael. Looking forward to hearing your thoughts about a whole range of...
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    Help me reach my goal!!

    Thanks guys, sometimes its good to be reassured that we're on the right track! It's the thinking that's the problem! :o
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    Help me reach my goal!!

    Thanks guys, I don't disagree with anything you've written. Tonibell, just to clarify, the regionals are around 7-7.5% after reno so they are more than cash-flow neutral with rates as low as they are, but I hate making statements about CF+ because everyone chimes in and says 'I'm getting...
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    Nowra Meet Up - Thursday 14th May

    lol, Lucky for you, I'm really good company! :D
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    Help me reach my goal!!

    Hi all, I'm in a quandry and I hope some of you clever money-makers can help me see the light. In the last 14 months I've bought IP's 2,3,4 (had others previously but cashed them in over the years.) I'm now pre-approved to go for IP 5. We still have a few hundred thousand $ of equity and I...
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