Tax? What's tax? Why would you bother with that?
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Now I can use it for the rest of my life and also help others.
please get some PI cover and place a disclaimer on your signature .............
ta
rolf
28. Appropriately qualified people might include:
a clerk of works, such as a project organiser for major building projects;
a supervising architect who approves payments at each stage in major projects and who may approve individual payments to subcontractors in smaller projects; or
a builder who is experienced in estimating construction costs of similar building projects.
29. The question of whether a person has the required expertise is an issue of fact in each case.
Haha this is amazing. I can only assume fully lucky does his own settlements too and look forward to seeing him represent himself in court.
fullylucky does not take advice very well. Or at all.
Its like the "no valuation will be required" thread all over again
http://somersoft.com/forums/showthread.php?t=86051
I trust myself more than other people's calculations.
Looking at the examples from BMT, there is a ton of mistakes...
on the first page (not counting the cover page) of the example pdf. They mention TR2009/4? however according to ATO website: http://law.ato.gov.au/atolaw/view.htm?docid=TXR/TR20094/NAT/ATO/00001
Taxation Ruling TR 2009/4 was withdrawn on 1 July 2010. and replaced. 5 TIMES lol
That means they haven't even bothered to look at it in over 4 years... yeah money well spent. nice work. on the "detail" put in. I probably have more attention to detail than these "specialists"...
"Tax depreciation experts
BMT Tax Depreciation utilise the latest Australian Taxation Office legislation when compiling our depreciation schedules. " from BMT website: http://www.bmtqs.com.au/about-us
In their graph as well they mixed up their trend order. In the first graph it's max then min however in the second graph they have min then max.
I would only they quoted me at over $800.
I finished. Only took 1.5 hours.
Now I can use it for the rest of my life and also help others.
If anyone wants a "report" done post here your purchase price. and also how much of the stuff inside your property will break in the first year (in dollars). e.g. the data above is for a property purchased for $600k
Takes 3 seconds to generate.
I simple mean i don't like it when people say oh don't worry it's tax deductible as if it's free.
It just offsets your income. say it costs $1000. and your marginal tax rate is 37%. You still need to pay $630. Can that $630 be spent else where more worth while? That's Nandos x 42 times?
Price discrimination isn't a bad thing. There is no shame in practicing price discrimination. Only smart and successful businesses do that.
Read up on 1st, 2nd and 3rd degree price discrimination:
http://en.wikipedia.org/wiki/Price_discrimination
For close to $1000 i'd hope you would come out and inspect the house. Building and pest inspections cost $200 and they come out so I don't see why depreciators wouldn't come out.
If ATO can work out what the maximum value is allowed then others should be able to know their methodology and replicate their calculations. So I don't see why they (ATO) wouldn't make it available to others.
extra work they need to do? value add?
I think you guys are just marketing yourself as a deluxe service.
First mistake in economics, always deal with absolute dollar values and not %s.
I'm too tired to explain to you basic business and economics. I'm gonna sleep.
fullylucky does not take advice very well. Or at all.
Its like the "no valuation will be required" thread all over again
http://somersoft.com/forums/showthread.php?t=86051
OMG!!
I haven't seen that thread before.
I'm seriously lost for words.
Knock yourself out
http://somersoft.com/forums/search.php?searchid=8517395
I am still not sure if he is just trolling or for real?
Buys property for 760, values at 630k still wants to go ahead by crossing his ppor. Bad building inspection, negotiates 2.9k off as cash back after settlement.
Knock yourself out
Knock yourself out
http://somersoft.com/forums/search.php?searchid=8517395
I am still not sure if he is just trolling or for real?
Buys property for 760, values at 630k still wants to go ahead by crossing his ppor. Bad building inspection, negotiates 2.9k off as cash back after settlement. No disclosure to lender. Wants to put a clause in tenancy agreement that dodgy back stairs cant be used to avoid liability. Trys to create another bedroom thats not compliant. It goes on. Alot of very good advice thats just ignored
I am hoping that sale fell through for his sake.
If he is advised something from anyone on ss he doesnt want to know about it.
Just lost for words. Kudos to all the regulars who keep posting on every thread.