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Anyone got any experience with this group? www.resimaxgroup.com.au AP

Let me simplify my point.... If I live in a house that I 'own' at what point will the ATO allow me to claim the costs as deductions? For example... The house is owned in a trust with a corporate trustee, Myself and my family occupy the house Rent is paid via an independent agent at...

I have seen numerous threads saying your PPOR is not an IP and you can't claim the costs of a PPOR on your return. My question is, at what point does a PPOR become controlled and not owned and therefore have the characteristics of an IP? Lets look at a few examples: 1. PPOR owned in...

Must be time to start running the ruler over a FX home loan! Anyone figured out how to borrow in Yen or USD and hedge without the risk of margin calls? It is so frustrating seeing the mums and dads having to pay through the nose because of the inefficencies of state and federal goverments...

Thanx Andy P

Any chippy's out there? I have a creaky staircase in my PPOR and don't know the best way to fix it. Any thoughts?:confused: Andy P

Anyone heard of these guys? What is their model? ANdy P Husband and Wife Team Stumble Upon a Cash Flow For Life Real Estate Strategy By Accident and "Sack The Banks" Forever! Let me introduce you to David and Julie Siacci... They have a typical property investing story. They were going...

Equities "So, Andy, what's YOUR investing model? How do you invest? What have you invested in? What strategies do you use to minimise tax?" I don't claim the dry cleaning of my suits if thats what you mean. Why are you so negative, Alex? Do you work for the ATO? I have never sought to...

The point here is that there are multiple dimensions to an efficient investing model. Based on some of the responses we have seen, we have some investors who will be very happy to charge a tenant $20 per week or drive all the way across town to buy a bath for $125 less than their local...

Andy now has 5 new IP's - What would you do? "because people who place deductions above returns are easily drawn in by glossy high rises with tons of depreciation and sky high body corporate fees. more deductions to reduce tax! On the other hand, someone who is putting returns above...

Lets assume little Andy earns $140k per annum package. After super and tax his position looks like this: PA PM Gross 127,400 10,617 Tax 37,773 3,148 Net 89,627 7,469 He's not doing too bad. But he has...

I don't know about anyone else but I learn't more hanging out at the uni bar than in any lecture hall. University gives you time and space to grow into the person you want to become, helps you raise your standards, teaches you to think critically and delivers a set of skills. For me...

Sometimes having a big job can be a disadvantage.... Whilst the salary can be OK its fair to say you only get the big salary because you are delivering value far and away above what you are being paid. If you are earning $400k you are probably costing your organisation $650k after you get...

Don't own any IP's does that qualify for newbie? Cheers:) Andy P

Adjusted Numbers - Still shows its worth a look. Sorry about the format, cut and paste from excel. Growth Cashflow PPOR 400,000 800,000 800,000 EFM 20.0% -160,000 -3,733 Debt 80.0% -320,000 -640,000 -560,000 7.0% -3,267 Equity 80,000 160,000...

" Reduce the upfront and ongoing costs of buying a home by up to 25% or more Reduce your monthly repayments by up to 25% or more Buy up to a 25% or more valuable home" You are probably right about the 20%, saw all the 25% numbers and didn't look at the fine print. Andy P

Case Study Lets say your PPOR was bought for $400k and is now worth $800k. And you have maxed out you equity You now have an 80% LVR including your LOC. PPOR 800 Mortgage 640 Repayments $3,733 pm (Assume 7%) IP's 1,200...