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  1. tonyd

    squared, cubed??

    This is probably a really dumb question... When someone says they live in a house that is "12 squares", what the hell does that mean?!! :confused: I hope it isn't metres^2. Thanks, Tony
  2. tonyd

    Wealth Sabotage by DG-G

    Has anyone purchased Dale's "Wealth Sabotage" package yet? Any comments? cheers, Tony
  3. tonyd

    fence drama

    Howdy, I have an interesting problem to deal with. We're in the process of constructing an IP with a well-known home-building company. When the earthworks were about to proceed, the contractor upped their price claiming excess debris. We complained to our building company and ultimately...
  4. tonyd

    How to Legally Reduce Your Tax

    Has anyone read the book shown here? Tony
  5. tonyd

    Punctuation

    I was reading through a trust deed over the weekend... Sheesh!! Don't these guys learn about the comma and the fullstop/period at uni?! The worst part was a single sentence that was more than half an A4 page long, single-spaced in a 12 pt font. I had to backtrack repeatedly and mentally...
  6. tonyd

    bogus invoicing

    This is unrelated to property but seems like the right place to discuss the following... My neighbour was busy working one day and receives an unsolicited call on his mobile. It is a call from a company called X [probably best to omit the company name unless one of the mods says it is ok]...
  7. tonyd

    asset rich, cash poor

    A dilemma faced by a client of a friend... You inherit a rundown $1.5M home in a prime city suburb with river and city views, and move in. You are retired, with no super and little savings to renovate. You have tried to sell the property but there were no takers at what you consider to be a...
  8. tonyd

    CGT for overseas properties

    A question about CGT... If I was to sell an overseas investment property, is the capital gain taxable in Australia? The country (NZ) has no CGT itself. cheers, Tony
  9. tonyd

    income splitting

    Lunchtime discussion about the income tax system got me wondering... Why is income splitting for salary/wage earners not allowed? Why is a couple earning $40k each better off than a couple with a single $80k income? cheers, Tony
  10. tonyd

    Go to first unread post

    Dumb question... How come the " Go to first unread post" icon only appears on selected threads? cheers, Tony
  11. tonyd

    McLawsuit

    Pleasantly surprised by the US court dismissal of a lawsuit blaming McDonalds for causing obesity. http://www.smh.com.au/articles/2003/01/23/1042911493787.html A paper quote that I never thought I'd see in reference to a US court: "At issue, [the judge] said, is where to draw the line...
  12. tonyd

    master key security

    An article in this morning's SMH may be of interest to those owning master keyed units http://www.smh.com.au/articles/2003/01/23/1042911493777.html Essentially shows that if you had a malicious tenant, they could use their key and lock to create their own master key. The scientist's...
  13. tonyd

    cost-benefit

    Howdy, I've been discussing trusts and their various incarnations with a friend. He is single and has a few IPs already in his own name. He asked me a question that I couldn't answer, so I thought I'd put it to the forum. He wanted to know what the breakeven point was where the costs of...
  14. tonyd

    January effect?

    Hi folks, Probably a dumb question, but... Has anyone ever noticed a January effect with property valuers? i.e. the rested and relaxed valuer giving more favourable valuations after the Xmas break? Or for that matter, an effect on the expectations of vendors? cheers, Tony
  15. tonyd

    wascally webinar

    From: Tony Dixon I just read through the webinar transcript - thanks Steve. Living in WA, I'm more curious about the information on lease options provided in the wrap-pack and/or thong-camp. In particular, for $X,000, how much information is provided that can't be found in Andrew Gray's...
  16. tonyd

    LMI reimbursement question

    From: Tony Dixon Howdy, I have some questions regarding LMI. We have just moved into our newly built PPOR and we paid LMI due to a small deposit. We've built in an area that has experienced strong capital growth over the past 15 months and is about 5km from the Perth CBD. Some months ago I...
  17. tonyd

    Air conditioning

    From: Tony Dixon Howdy, A little OT but... I'm in the process of pricing air conditioning systems for a new property. I'm tending towards one of those reverse cycle ducted refrigerative thingys (rather than evaporative). The cost though seems exhorbitant. The quotes I've had are all around...
  18. tonyd

    The bubble gets bigger

    From: Tony Dixon Interesting articles in this morning's SMH regarding investors moving from equities to property, and the oversupply of rental property in Sydney. http://www.smh.com.au/articles/2002/07/07/1025667088304.html http://www.smh.com.au/articles/2002/07/07/1025667087901.html...
  19. tonyd

    Magazine Subs - deductible?

    From: Tony Dixon Hello, Just wondering whether subscriptions to redecorating/renovating magazines are tax deductible? The intention is to use this knowledge to add value to future property investments. e.g. Australian House and Garden Home Beautiful cheers, Tony
  20. tonyd

    Yet another question about trusts

    From: Tony Dixon Hello all, It has been recommended frequently in this forum that a discretionary trust with a company trustee is a very effective structure for asset protection and tax minimisation for those investing in property. I want to be certain which entity should own the properties...
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