Search results

  1. H

    USA investment properties for an Aussie

    You might want to check the following link http://www.asic.gov.au/asic/ASIC.NSF/byHeadline/Do%20you%20need%20an%20AFS%20licence%3F For you product you need to be licensed to offer it in Australia. Without an appropriate license and PDS you can only offer the product to a maximum of 20? (odd)...
  2. H

    USA investment properties for an Aussie

    That's the point I am making. Under US rules you can claim for the travel to locate properties. Under Aust ATO rules you can't. Your US tax return would claim it and the tax withheld accordingly, get to Aust and the ATO say's no and you need to pay more tax. It is just something that has...
  3. H

    USA investment properties for an Aussie

    Hi Player As per the ATO site "As a taxpayer you can translate an amount into Australian currency using an exchange rate that is an average of the exchange rates applicable during a period (which may be less than, but not exceeding, 12 months) chosen by you." It goes on to give a table...
  4. H

    USA investment properties for an Aussie

    All our properties are owned by LLC's. Each LLC owns up to 3 properties. All the LLC's that hold the properties were established by the original buyers agent (cost $200). This was simply because it was the most cost effective way of establishing the LLC (compared to other shelf company...
  5. H

    USA investment properties for an Aussie

    No, I am not working with Karina but have, thus far, sourced 3 properties using her services. I do know Karina personally and have done so for over 6 years. I simply thought it was preposterous of Laws to accuse Karina of lifting the name. More so to then bring into question Karina's ethics...
  6. H

    USA investment properties for an Aussie

    Personally, I have just bought USD's when required, but at times waiting for AUD $ weakness to recover (where possible). Am currently waiting to transfer funds for our current purchase. To date I have exchanged at 1.01 through to 1.08 or thereabouts. Really only started buying in the USA once $...
  7. H

    USA investment properties for an Aussie

    What name!!!! Emma's - selectusaproperty Karina's - selectamericanhomes The only common word is 'select' hardly grounds for an accusation of lifting the 'name' Or is that Emma has copyright on 'Select'?? wtf!!! Or is it that you don't like the fact that we now have another of our longer...
  8. H

    USA investment properties for an Aussie

    Maybe use Zillow to look up the properties. In zillow (about 1/2 way down) you can see the sales and previous sales history of the house. You will be surprised how little the people who are now selling the property actually paid for the house. No doubt you have heard of 2 tier marketing here...
Back
Top