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  1. thydzik

    Purchase by a trust, what's entered as the buyer's details?

    Hi All Simple question, if I am purchasing land into a family trust (that has a corporate trustee), what is filled in as the buyer's details? simply the name of the trust? thanks.
  2. thydzik

    inherited property - possible to transfer into a trust?

    hello All I have a question about inherited property, if the property is to be transferred in the names of x, y and z. Is it possible to transfer the property into a trust with the trustees being x, y and z? Thanks.
  3. thydzik

    Invitation to the nearmap Update event

    I received this from nearmap, probably open to everyone. Send an email to the below email address As a respected professional working in the Construction industry, we have an exclusive invitation for you to attend our event which will help you make decisions from a new perspective...
  4. thydzik

    Fire rated windows and fire shutters

    Hello All I have some windows that require to meet fire standards. Does anyone have any experience with these products? What would cost more, fire resistant glass or automatic closing shutters? Can anyone recommend suppliers? Thanks, Travis
  5. thydzik

    discretionary trust questions.

    I have a few questions about discretionary trusts that I would appreciate if someone could answer. 1. payments to the beneficiaries, does the money have to physically move or can it be a 'paper transfer'? 2. what is the maximum number of beneficiaries you can have with a discretionary...
  6. thydzik

    Advantages of corporate trustee?

    Can someone please let me know the advantages (and disadvantages) of having a discretionary trust with a corporate trustee. I know it is used to limit the liabilities of the trustee, as well as not have a person as a individual trustee which could easily change. what are the other advantages?
  7. thydzik

    how does a discretionary trust borrow money?

    Can someone please explain to me how do loans work with a discretionary trust? If a trust wants to purchase a property, I can understand a proportion will be based on the value of the property and a deposit will be required. but does the bank look at serviceability? how does this work, is...
  8. thydzik

    can the bond be used to pay landlord insurance excess?

    hi all quick question, i am going through a landlord insurance claim for rent default, I was wondering if the bond can be used to cover the insurance excess? thanks
  9. thydzik

    Remortgaging investment property

    members, Can you please tell me the ATO rules for remortgaging an investment property. There is currently no mortgage on it but I would like to know is it possible to re-mortgage it at 100% of the value? thanks.
  10. thydzik

    Recycled timber floorboards?

    I am playing around with the idea of using the Jarrah of a to be demolished 1960s house on a modern build. Has anyone had experience using recycled timber for flooring, was it worth it or too much trouble?
  11. thydzik

    WA: how to contact owner of vacant land

    hi all I was wondering how you get the contact details of somebody who owns vacant land. I have a block in the Perth suburbs I wish to develop with an adjacent block of land, how would I contact the owner if I need to remove/replace the fence, etc? Thanks Travis
  12. thydzik

    Costs associated with managing a discretionary trust?

    Can someone please give me an idea of the yearly costs associated with managing a discretionary trust? Let’s assume a few properties held in the trust and a few beneficiaries. Also, I am assuming these costs are tax deductible?
  13. thydzik

    Is spending more on larger building floor area worth the return

    Members, I am about to develop a block with a triplex of 3x2 houses in Western Australia. I have the option of building roughly 100sqm of living or I can increase this to 120sqm for roughly $10,000 extra. Will this 20sqm extra for roughly $10,000 return this and more in final sale...
  14. thydzik

    Options for financing triplex development

    members, I need some insight into what my options are for financing a triplex development in Perth, here is my situation and estimates; development land outright owned $450k estimated construction costs $650k estimated on completion value $1.4m Now the initial problem I see is I have...
  15. thydzik

    married couple, title in single name, what options for splitting up investment income

    Hi I am in the following situation, married with property title in my name, currently being rented. When it comes to tax time, how does it work, Do I have to declare the property in my tax return? It is a 50/50 split and we have to declare half of everything in each of our tax return...
  16. thydzik

    Subdividing a triplex/quadruplex in stages, is it possible, share your experience

    Hi All I would like to know if subdividing a property (triplex) in stages is possible, and what are the extra costs like and things to keep in mind. The main reason I see is being able to live in the first one while the others are being constructed, provided possible CGT benefits...
  17. thydzik

    Maintenance for items not mentioned in property condition report

    Can someone please inform me, if a powerpoint, not mentioned in the property condition report, turns to be not working, whose responsibility is it to fix it? Please provide source links were possible to support reply.
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