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Type: Posts; User: drelly

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  1. Replies
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    What measures are you talking about? And how is...

    What measures are you talking about? And how is investment property not in line with other business activities regarding finance and tax?
  2. Replies
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    Ok, so when that pushes rents up, where will the...

    Ok, so when that pushes rents up, where will the low income people live?
  3. Try Julie Pepper from...

    Try Julie Pepper from http://propertymanagementsolutions.co.nz/ - she's really onto it and great at tenant selection.
  4. Replies
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    10,974

    The China-driven boom isn't in danger from a...

    The China-driven boom isn't in danger from a collapse of growth in China? What happens when they want to pull money out again? It will probably happen at some point.
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    Investing in the provinces

    Having watched Auckland prices rocket up over the past 3-4 years, I've been eagerly awaiting the ripples to hit the provinces. But it just doesn't seem to be happening. We're getting some signs of...
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    Something specific? Are you expecting the US to...

    Something specific? Are you expecting the US to implode?
  7. Replies
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    ME too!!!!!!!!!!!!!!!!!!!!!!!!

    ME too!!!!!!!!!!!!!!!!!!!!!!!!
  8. Facebook is pretty good!

    Facebook is pretty good!
  9. Replies
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    I find these kinds of topics fascinating. Also...

    I find these kinds of topics fascinating. Also needed a like button for Davo36's quote. I really believe that gratitude for what you already have is the key to happiness. Ambitions are just my hobby...
  10. Replies
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    But is capital a good or a service? I don't think...

    But is capital a good or a service? I don't think so.
  11. Replies
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    I agree but think that the delusion will continue...

    I agree but think that the delusion will continue for a few years yet
  12. Replies
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    The same way people predicted how and why the GFC...

    The same way people predicted how and why the GFC would happen.
  13. Replies
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    I agree with the above advice. I only bought my...

    I agree with the above advice. I only bought my first home at 28. Take it easy, get financially secure because if kids are still just in your plan, they will change things more than you can ever...
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    Hi there... long term investor in Whangarei here....

    Hi there... long term investor in Whangarei here. It really depends on what your criteria are. It's the same as everywhere really. The places with the best yields tend to be in the cheaper areas but...
  15. Replies
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    I think with any discipline, it is all a matter...

    I think with any discipline, it is all a matter of degree and frequency. After all, time-out could mean being locked in a cupboard! Verbal assaults can be worse than a smack.
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    Thanks for the clarification. Several years ago,...

    Thanks for the clarification. Several years ago, I did a trade where I was thinking about renting it out short term before selling and the accountant at the time told me I would need to pay GST on...
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    I wonder what has happened to all the empty...

    I wonder what has happened to all the empty apartments that they built? I remember seeing a video a couple of years ago saying they had literally millions of them.
  18. Replies
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    How does it work if you buy a property to trade...

    How does it work if you buy a property to trade and rent it for 6 months in the process of renovation before selling it?
  19. Uhhhh... that quote's kind of obvious isn't it?...

    So is this why we have such high prices for property in New Zealand?[/QUOTE]Uhhhh... that quote's kind of obvious isn't it? Higher interest rates, greater appreciation... it ignores real returns...
  20. Replies
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    Possibly the same reason things go wrong in...

    Possibly the same reason things go wrong in politics and business. Getting to the top requires a degree of ruthlessness that can turn things bad no matter how good the original motivation was.
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    Yes, you are right but I think that the real...

    Yes, you are right but I think that the real cause of those things is the love of power or fear of weakness... religion was just the instrument. After all, there are plenty of positive beliefs...
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    Perry, you do hear people say a lot "look at all...

    Perry, you do hear people say a lot "look at all the problems that religion causes" but I don't agree with that. Religion is just a very effective tool for manipulating people into doing what you...
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    Yeah but it depends on your intentions. If you're...

    Yeah but it depends on your intentions. If you're planning on selling it after a short period of time, then you will need to pay GST and tax on any capital gains. Not sure if you'd need to pay gst on...
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    I'm not an accountant, so you should check with...

    I'm not an accountant, so you should check with yours. But you can register for GST whatever you do. However, you'd need to pay GST on rent.
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    But I didn't say that. I'm not even talking finer...

    But I didn't say that. I'm not even talking finer points. For instance, I knew a guy who was a very devout born-again type Christian and he believed that you had to be baptised to get into heaven....
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