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Dear all, Long ago, when I started property investing I hadn't heard of trusts, so I put some properties 99% in my name and 1% in my wife's for the tax deductions. However, I was also buying cashflow positive properties. Don't laugh, we all have to learn. However, I have taken a job in the...

A simple theory for the support of housing prices. Assumptions: (1) Inflation stays at or below 3% (if it goes higher, expect a housing price spike leading to rising house prices and greater equity) (2) Interest rates don't move much above 7% (3) Wages rise at around 4%, made up of 2.5% CPI...

The scene: The elegant drawing room of Castello Quiggles, replete with stacks of parchment scrawled with figures, arrows, numbers and question marks. The Bold Adventurer confronts the Empress of O'Connor and points out in a remarkably reasonable and balanced way that to sell the property will...

Would you be prepared to pay $275 for Steve's course if he were to hold it in Canberra as a one-off? Would you be prepared to donate your time as well, in order to keep Steve's non-monetary costs to a minimum (if someone else does the organising, that would help him). I haven't consulted...

This is one that I will take to my accountant, but I was hoping someone could give me the basics (all disclaimers deemed given and understood): My trust is selling a property and will make a capital gain. Let us say (for the sake of round figures) the gain is $100,000 My trust it's...

Quite seriously, a suit, no matter how much of a vexatious suit it might be, could severely inconvenience forum members either in terms of time or money (depends which you value more, I guess). Should we consider asking for the forum design to include a disclaimer on every page, covering all...

I've attached a file showing the Government's net debt position. It predicts we are about to become a creditor government even taking into account the health system costs AND not taking into account the Federation Fund, which will receive and invest the results of the Telstra sale, should it go...

This month's API, talking about commercial properties makes the usual points about better yields but also raises two important ones: . Recent sales suggest that most small buildings are sold with vacant possession and are often bought by businesses seeking to exit the rental market; ...

I was once at the annual agricultural forecasting conference held by what is now the Australian Bureau of Agricultural and Resource Economics. One country gentleman got up and caused a bit of a furor by stating that he had become wealthy by following a very simple rule. Carefully read ABARE's...

We've argued the principles and debated the issues, but it's time to put your money where your mouth is. Next month is the RBA going to let rates decline, leave them alone or raise them by .25% or .5%? Any other scenario I would regard as science fiction. I have argued since last December...

ABC report By Finance reporter Adrian Thirsk The governor of the Reserve Bank says he cannot be specific about the timing of future interest rate rises but he says they will not need to be as big as in the past. Ian Macfarlane, appearing before the new House of Representatives economics...

(This may belong in property management). My former broker used to get me a good deal considering how much business I was pushing his way. Then he became an 'insurance advisor' and was able to supply product at retail only. Booooooooooooring! As most of my insurance is coming due, I...

What is this? I only ran across this today, talking to my accountant. Aparently you have to make a family trust election by 1 July or lose the ability to carry losses forward in a trust. We had rather anticipated being able at least potentially to distribute out beyond our nuclear family...

I'm looking for more good ideas (or a critique on what we do). Whenever we are seeking credit, we go in 'armed to the teeth' . We take in a letter (offering a mortgage, not asking for a loan) with a photo of the property, stats about the area, cashflow projections for the property and the...

Hanlding debt is one thing that we call get used to in RE, but what about handling doubt? I find that as the market starts moving into more troubled waters (and it is, IMHO) that I need to keep myself positive. I usually do an emotional balance sheet of negatives, positives and...

Eldest son graduated from senior college this year. And got a good enough mark to get into university (NOT a given!) AND got a cadetship from the ATO, who'll pay his HECS to do a commerce degree and employ him part time as well. He's over the moon, and I'm in orbit too! Boy, will he...

I've done a bit of a search on this and haven't found anything conclusive. Capitalist suggested in a recent post that even if an asset in the low value pool died, it stayed in, so that you would be writing it off as well as its replacement. I've treated it differently and my accountant...

As a result of my recent trip to the US I have a portfolio of properties that I currently don’t have the equity to buy. Here is the offer: I will source for anyone with the available funds any number of properties with gross yields of between 20-30%. In all cases I will strive for over 25%...

Buying in the US, the first of a series. Folks, this is supposed to be educative rather than a look-at-me, ain’t-I-good. I’m therefore trying to set down my warts and all experiences for those interested which is going to take a fair bit of effort and a whole series of long emails. While I...