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Type: Posts; User: Wayne

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  1. Replies
    19
    Views
    591

    I didn't say that. I only have experiance with...

    I didn't say that. I only have experiance with one time, in a company structure and the accountant said it was income.
    More than happy if it turns out otherwise.
  2. Replies
    9
    Views
    259

    Try asking the rental people rather than the...

    Try asking the rental people rather than the sales people.
  3. Replies
    9
    Views
    259

    This is a town - have you looked to see how many...

    This is a town - have you looked to see how many other rentals are avaliable?
    Having a lower rate can help but having the better property is often best.
  4. Replies
    13
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    598

    I should have said 'private' banker

    I should have said 'private' banker
  5. Replies
    19
    Views
    591

    I have no idea what their relationship was based...

    I have no idea what their relationship was based on.
    Love is a very difficult emotion to define.
  6. Replies
    19
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    591

    let's see how the accountants respond. By what...

    let's see how the accountants respond.
    By what you posted it isn't
    - a winning
    - a one off gift with love and affection
    - a holiday package
    - a tip
  7. Replies
    19
    Views
    591

    Personal or company? For company I have been...

    Personal or company?
    For company I have been told by accountant that it is income unfortunately.
  8. Replies
    13
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    598

    Never had a problem with Westpac but I have a...

    Never had a problem with Westpac but I have a personal banker.
    They treated the apartment I had poorly but I could see their point. Sold the apartment and moved on.
  9. Replies
    96
    Views
    19,188

    Sometimes I wonder if 'public service' means the...

    Sometimes I wonder if 'public service' means the public providing service to the council.
  10. Replies
    93
    Views
    4,918

    They'll feel much better now! Whose war games...

    They'll feel much better now!
    Whose war games was that?
  11. Replies
    93
    Views
    4,918

    Or that there will be problems in many countries...

    Or that there will be problems in many countries who export oil as their income goes down.
    Crude is at close or below what many countries need to cover their current budgets.
    Watch the people rebel...
  12. Replies
    15
    Views
    581

    get a builders report. There could be any number...

    get a builders report.
    There could be any number of unseen pitfalls in an older property.
  13. Replies
    6
    Views
    363

    So you intend to leaverage into stocks? Fine...

    So you intend to leaverage into stocks?
    Fine idea, not terribly 'normal' and probably not as easy to get finance as property.
  14. Replies
    6
    Views
    423

    Aus rules really don't matter here! Turn it...

    Aus rules really don't matter here!
    Turn it around a little - have a look at what a claim would be worth verses having to argue the toss with the IRD.
  15. Replies
    14
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    486

    True but they do cost a lot more. LL should...

    True but they do cost a lot more.
    LL should provide smoke alarm.
    Tenants should be responsible for the operation - I understand there are penalties for interfering with said device in the Tenancy...
  16. Yip - that is about it. You could wait to see if...

    Yip - that is about it.
    You could wait to see if they renew.
  17. Replies
    6
    Views
    423

    What personal expenses do you have? Some claim...

    What personal expenses do you have?
    Some claim for a home office but I think it is a stretch if you have someone else managing the properties.
    You can claim legitimate mileage
    No doubt an...
  18. Replies
    63
    Views
    2,857

    Over time the buy and hold will increase in price...

    Over time the buy and hold will increase in price - mostly they always do over a long enough period.
    He didn't say he was buying with the intention of selling later for capital gain - it is a buy...
  19. How much money are we talking about? Seems to be...

    How much money are we talking about?
    Seems to be a bit of penny pinching to me.
  20. Replies
    63
    Views
    2,857

    Why the heck would that be tax evasion? The...

    Why the heck would that be tax evasion?
    The person intends to pay tax on their trades as they should.
    Why should they pay tax on any increase in value of the buy and hold properties they have?

    I...
  21. Replies
    93
    Views
    4,918

    Why is that? What happens after 7 years?

    Why is that? What happens after 7 years?
  22. Replies
    63
    Views
    2,857

    at least 10 characters

    at least 10 characters
  23. Replies
    93
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    4,918

    Ryman - you have to be 70+ so a few less years...

    Ryman - you have to be 70+ so a few less years but 2039 is still possible.
    You also missed the bit where it is at 2014 prices minus the deferred maintainance which, for most companies, tops out at...
  24. Replies
    93
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    4,918

    I predict the price of petrol will vary outside...

    I predict the price of petrol will vary outside of our control.
  25. Replies
    3,904
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    461,283

    It is also interesting how the same left wing...

    It is also interesting how the same left wing government left the finances in a good shape allowing the right wing govenment that followed a lot of wiggle room in the debt they could amass.
    In the...
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