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  1. M

    Why buy Negatively Geared Properties? I think the calculations are wrong

    All those who purchased investment property outside of super will pay tax on income and will pay CGT if they sell and if they decide not to sell - their kids will pay CGT Last chance to learn how to save this tax... Seminar 8th November 2011 6PM Penrith RSL Club IPA Discussion Group...
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    SMSF SMART STRATEGY: Purchasing retirement home with borrowing

    One strategy which is hardly ever used by SMSF trustees : Purchasing your retirement home by your SMSF using borrowing. Most people do not want to live in their current home after they are 65, so instead of purchasing your retirement home when you get to 65 - it can be cheaper if you buy it now...
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    setting up trusts, companys and protection

    To set up a trust Have a look at www.trustdeed.com.au
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    Our SMSF selling its property-can I buy it?

    Section 66 restricts what the smsf trustee can acquire from a related entity - however there is no restrictions on what the related parties can acquire from SMSF - Please note that Sec 109 suggests that all dealings with the SMSF should be at arms lenght - so you will need a licenced valuer -...
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    ATO ruling ups death tax liability

    Hi There some advanced strategies which one can use to counter this new tax - My paper is ready and i have booked a hall at 25 The Cresent Homebush Sydney for 3rd August 2011 Wednesday 6 PM for a presentation. Those who are interested should visit the below page to book...
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    Why buy Negatively Geared Properties? I think the calculations are wrong

    None of the shares named above offer dividend yield of 8% check www.tradingroom.com.au except perhaps TLS and that is also due to recent drop in share price. Try another 3, further some of them do not offer full franking (please no one replies to this issues - till they have checked the Div...
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    How I got from just a PPOR to multi millionaire retiree in 5 years using only OPM.

    Keith How much will you give it to luck and to smartness in your success? Just curious?
  8. M

    Why buy Negatively Geared Properties? I think the calculations are wrong

    Many shares yield more than the current mortgage rate of 6% at the moment, including franking credits. Which shares - can you name 3 I can borrow against an IP at 6%, buy, say, something yielding 8% including franking credits in a family trust, and distribute the net 2% to a non-working...
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    Why buy Negatively Geared Properties? I think the calculations are wrong

    Alex Can you explain to me (and to the forum) how the below strategy works - since that is your plan.... Please use an example with some $ values and also please explain how you (or your family) will acheive not paying CGT when you "will never sell"... If you want you can use my example...
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    Why buy Negatively Geared Properties? I think the calculations are wrong

    Alex In your last post - you talk about +ve cash flow properties over a period of time - that is natural - because rent will increase over time... that is all baby stuff... But what i hate is comparing past with future... This is where the problem is : I am saying to people 1) Not...
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    Why buy Negatively Geared Properties? I think the calculations are wrong

    Originally Posted by manoj View Post That is not exactly what I said – after selling the first 5 – there was no problem with the debt and interest was under control due to high income – but after selling a few – I realised the Profit & loss from each of them – mind you I sold them in 2002 –...
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    Why buy Negatively Geared Properties? I think the calculations are wrong

    Thanks all I have been delibarately agressive in some (many of) my statements to get as many people to comment ....some have very intelligently and i thank them for contributing to this thread, some have commented emotionally... I mean why their way is being challenged .......specially since it...
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    Why buy Negatively Geared Properties? I think the calculations are wrong

    Willair There is no need to read books – once you know how to buy positively geared property in super form day – first such a book does not exist YET! My strategy is simple – purchase IP in super and change zoning and make it commercial – once you have done that – the property returns are...
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    Why buy Negatively Geared Properties? I think the calculations are wrong

    Let's have some fun... After my last post – I got about 30 messages as emails / SMS on my mobile phone (they must have got the number from office) – from members (those who are only reading and not adding any comments) who were reading my posts and enjoying the information, requesting me to...
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    Why buy Negatively Geared Properties? I think the calculations are wrong

    I admit defeat - I was wrong .... somethings you just cannot change. This is my last post... Good luck guys, hope you all get there.... :) PS: I have nothing to sell.... :p
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    Why buy Negatively Geared Properties? I think the calculations are wrong

    Klublock If you know so much about Part IVA anti avoidance provisions - I am sure you are aware of segregated investing rules in a SMSF - please check them out - the income in the fund will be tax free - if there will is income - with Super Gearing - the fund will be in Negative territory -...
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    Why buy Negatively Geared Properties? I think the calculations are wrong

    Wobbycarly I admit my mistake - dinner for 2 worth $171! Compliments from me:D:D But I will be paying from the cash box strategy - :rolleyes: I take it back Dinner for 2 for $100 :o seriously i mean it....
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    Why buy Negatively Geared Properties? I think the calculations are wrong

    Cash box strategy is for those who do not have an employer they have profit in a company and do not pay high salary to directors (owners) - perhaps $35K to Mr , Mrs , kids and parents the dog! so that the maximum rate of tax is only 15% (The dog must do some work for the business - those in...
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    Why buy Negatively Geared Properties? I think the calculations are wrong

    I have 6 free minutes for any one who understands that it costs $10K to own an Investment property and not $5850! But remember, i am NOT in practice and i can not do any accounting work for you..BTW the consulting fee is $440 Incl. GST Stuart start your outline as below "I understand that...
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    Why buy Negatively Geared Properties? I think the calculations are wrong

    BV Say with $50 you buy one share of CBA instead of that you can buy IW of cba for $25 each basically you put your $25 down as your own money and borrow another $25 - so with your $50 you own two shares worth $100 - but you owe $50 to the bank - same as property principle since you...
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