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    How many properties have you bought in the last 2 years?

    I'm between options 2 & 3 - hence 3
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    Has anyone bought the $1,500 wealth programme through Momentum Wealth?

    Answer above please - worth the money? Seems a good programme to use - received & watched the free DVD today.
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    How many properties have you bought in the last 2 years?

    I only meant that because a commercial/industrial investor like yourself may say that the above poll is unfair because of the cost of a property - ie: 1 commercial property you bought might have been worth $1million & you might have bought 2 of these in the past 2 years; whereas someone else...
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    How many properties have you bought in the last 2 years?

    (Note: The poll above refers to the majority of investors, as most I assume buy or build houses or units - FOR COMMERCIAL/INDUSTRIAL, ETC INVESTORS THIS POLL APPLIES TO YOU AS WELL - P.S. A block of 6 units for example means 6 IPs for this poll) The reasoning behind this question is a couple...
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    Do you wait untill tax time ?

    Looking into this at the moment however with my income being Salary & Commissions it's difficult for my employer to deduct the correct amount of tax each month as the commissions vary from month to month - sometimes it's a lot, sometimes nothing. Probably the tax variation is excellent for those...
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    Renting to a Family Member

    If Market Rent was $300pw & he paid $300pw & you gave him a $50 cash rebate each week, how's the ATO going to find out. You signed a lease with him at market rent at $300 per week. End of story I would think. No one from the ATO on this forum I hope!!! :D :D
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    How To Calculate Net Profit With Capital Gains Tax On Sale Of Property?

    So using this method through the ATO: Purchase Price: $100,000.00 (assuming no deposit is paid) Sale Price: $150,000 Stamp Duty: $2,972.60 Solicitor's Fee (Purchase): $800.00 Solicitor's Fee (Sale): $500.00 Agent's Commission (incl. GST): $4,620.00 Total Cost Base: $108,892.60...
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    How To Calculate Net Profit With Capital Gains Tax On Sale Of Property?

    Say for example you buy a block of land. Pay $100,000 for it - worth $150,000 when you settle. You sell straight after settlement. You pay 30% tax on PAYE. How do you calculate net profit with capital gains tax? :)
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    Warning! Do Not Install Internet Explorer 7 Unless You Want Your Internet To Crash!!!

    Many thanks Duncan. I now have to Internet back. I did a system restore which restored my computer back to 3 days ago & then installed both Firefox & Thunderbird - Wow! What a difference! My Dad's got Firefox on his Apple Mac & likes it! Cheers! :)
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    Warning! Do Not Install Internet Explorer 7 Unless You Want Your Internet To Crash!!!

    If I change to Firefox or Safari, I'll have to add all my favourite links to websites again right? Also changing to Firefox doesn't alter Microsoft Outlook - I can still use this to access my emails??
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    Warning! Do Not Install Internet Explorer 7 Unless You Want Your Internet To Crash!!!

    I'm on 512k through AAPT. I did restart the machine.
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    Warning! Do Not Install Internet Explorer 7 Unless You Want Your Internet To Crash!!!

    Just installed Internet Explorer 7 (the latest one) via the top of ninemsn.com.au website yesterday; restarted & everything on my internet went REALLLLLLLLLLLYYYYYYYYYYYYYYYYYY SLLLLLLLOOOOOWWWWW!!! Load a webpage & it takes 30 minutes & still doesn't load. Tried to uninstall IE 7 & did; but now...
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    43 Saunders St -Mosman Park- Perth

    The $85 Million Dollar House - Yep, I Saw It On A Current Affair Tonight
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    Anyone Heard Of 3.95% Interest Only Loans? Are They Legit?

    I saw today on the Internet - 3.95% CASH FLOW LOANS through www.premisesfinance.com.au - does anyone know if this is legit?
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    How Many $$$ Do You Donate To Charities Each Year???

    We're donating at the moment to Guide Dogs, Fred Hollows, & Salvos
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    I hate this “Delayed Gratification” idea!

    Why delay gratification - enjoy money now!
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    Tell us about your lifestyle (wages, job, age)

    29 Sales $190k + Married, 1 son $1m PPOR, no IPs - but 9 buy & sell homes so far
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    Kaye in Court..

    Wonder where Mr Henry Kaye is now????
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    ARE YOU WAITING TO BUY IN THE BUST OR CONTINUING TO BUY UNDERVALUED IPs NOW?

    Funny how Warren Buffet waited around 35 years to buy the company Dairy Bell because when he bought it it was REALLY CHEAP; even though he waited all that time & obviously could have bought it lots of times before that. I'm not suggesting investors wait THAT LONG, but there is some truth to...
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