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    $180 per hour to use solicitor?

    I sort of equate this with people telling me 'yeah, for you property investment is easy'. Then I think of the hours I spend reading articles, tax, etc and all the hours I spend doing paperwork, emailing to PMs, etc, not to mention saving money. Given the complexity of most things we do today...
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    $180 per hour to use solicitor?

    I wonder if the issue is a combination of: 1) people not from each profession not understand what the other does (e.g. I'm an accountant but I don't know what lawyers or doctors or whatever do) and 2) self justification (because you know how hard you work but don't know how hard the other...
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    $180 per hour to use solicitor?

    I tend to jump a bit when it comes to philosophy. I see parallels in many things in life. Humans are pretty consistent: if you expect them to behave in a certain way in one situation (e.g. if you think they shouldn't charge as much as they can) then you must also expect them to behave along the...
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    $180 per hour to use solicitor?

    Yet when real estate agents foster the same emotions amongst bidders at an auction, get a high price and get paid, they're given awards. I'm not saying all lawyers are nice people, just that it's pointless to rail against the products of the system. The law (and their fee structure) rewards...
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    $180 per hour to use solicitor?

    Any number of people in the world take a certain delight in making other people's lives hell, not just accounants and lawyers. Every group have petty and/or vindictive people who delight in their power. Dictators. Politicians. Council staff. Immigration officials. Bank staff. Shop staff. Cable...
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    $180 per hour to use solicitor?

    Does that mean we shouldn't hike our iron ore prices because it'll hurt Chinese battlers? Obviously you can't depend on lawyers' (or real estate agents, or accountants) morality to kick in and lower prices. Government mandated pricing is a slippery slope, because you have bureaucrats who have...
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    $180 per hour to use solicitor?

    Right schmight. It is what it is. If you think it's too expensive, don't use it. Otherwise just make so much money from your investments that you don't care. When I first worked as a grad accountant, they used to charge me out at $120ph or something ridiculous. My salary was $28,000. Alex
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    $180 per hour to use solicitor?

    But sometimes those rules benefit us. 50% CGT discount, negative gearing, trusts, land tax thresholds, dividend imputation (especially great for me since my Australian tax rate is zero). It's not all bad. Gotta take the bad with the good, I say. As long term investors we're going to be better...
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    $180 per hour to use solicitor?

    Life is full of such unfairness. Some of it benefits us (tax breaks for investing, etc), and some do not. Instead of letting it get to you, why not just accept it and concentrate on making more money from investing instead? I know I don't complain about prices and so on AS much as people who...
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    $180 per hour to use solicitor?

    Then find a cheap lawyer. You might get a good one, as there must be some who are good AND cheap. Increases your risk, though.
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    $180 per hour to use solicitor?

    And if the lawyer's advice helps you in a deal that pays you thousands in profits? It's a simple cost/return analysis, surely. A good accountant, for example, saves you more in tax than they charge you. A doctor heals you and that's worth something to you. I remember when I did clients' tax...
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