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Reply: 1.1.1.2.1.2.2.1.1.1.1.1.1.1 From: Mike . Thanks Dale & Michael, I know enough about Wraps to be dangerous :-) but I came unglued with that one. I've just spent a few harrowing hours doing some number crunching to try and better understand the financial structure of it. Eventually, the...

Reply: 1.1.1.2.1.2.2.1.1 From: Mike . Hi Jacinta, What I mean by "deposit investor" is a third party investor also known as a money partner. You see a wrap buyer (wrapee) usually doesn't have the entire deposit to qualify for a loan at 80% LVR. The wrapper (you or I) can secure a normal...

Reply: 1.1.1.2.1.2.1.1 From: Mike . Hi Jacinta, My interpretation is that the Position Paper is allowing the capital gain to be streamed as income via “the emerging profits” rule. (accounting method allowed by ATO) When the sale is eventually completed if the vendor has already received the...

Reply: 1.1.1.2.1.2 From: Mike . Hi Dale, You really deserve a pat on the back for all the wonderful help you have provided on the forum over the last 12 months. Tax issues regarding creative RE investing are even more complicated than normal investments and I believe your efforts are giving...