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Type: Posts; User: Beano

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  1. Thread: Interest Rates

    by Beano
    Replies
    5,859
    Views
    955,488

    I believe Silver Fin is getting 3.26% commercial...

    I believe Silver Fin is getting 3.26% commercial finance from the ASB on the current syndicate 22 Saleyard Rd Otahuhu Auckland approx 8.7m.
  2. Thread: Net wealth

    by Beano
    Replies
    9
    Views
    404

    Net wealth

    The NBR rich list estimated only 500 individual in NZ with wealth over $50m.
    Hard to believe so few ...I thought 1pc of the population would be there ...
  3. Replies
    15
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    1,426

    BNZ floating commercial is now 3.86pc

    BNZ floating commercial is now 3.86pc
  4. Replies
    4
    Views
    308

    I think $1 pa is a bit light Perhaps $10 per...

    I think $1 pa is a bit light
    Perhaps $10 per meeting to cover travel costs
  5. Thread: Interest Rates

    by Beano
    Replies
    5,859
    Views
    955,488

    The depositors can invest in 1:...

    The depositors can invest in
    1: Japhttps://www.propertychat.com.au/community/data/attachments/32/32371-181466b8121e5cb47562e9b69dcf91cc.jpganese Government bonds
    The ten year Bond's rate in Japan...
  6. Thread: Interest Rates

    by Beano
    Replies
    5,859
    Views
    955,488

    Commercial floating interest at 3.5% now ????

    Commercial floating interest at 3.5% now ????
  7. Thread: Interest Rates

    by Beano
    Replies
    5,859
    Views
    955,488

    I believe PPOR Have a look at rate city. Com.au...

    I believe PPOR
    Have a look at rate city. Com.au
    2.89pc is the lowest rate
  8. Thread: Interest Rates

    by Beano
    Replies
    5,859
    Views
    955,488

    In Australia (which has had lower interest rates...

    In Australia (which has had lower interest rates than NZ) many borrowers are obtaining rates near 3%
  9. Thread: Interest Rates

    by Beano
    Replies
    5,859
    Views
    955,488

    Today's floating commercial interest rate is 4.06%

    Today's floating commercial interest rate is 4.06%
  10. Thread: Rent Review

    by Beano
    Replies
    10
    Views
    612

    Is it going to be registered ? If it is they are...

    Is it going to be registered ?
    If it is they are available off the registered charges on the title ..use property guru
  11. Thread: Rent Review

    by Beano
    Replies
    10
    Views
    612

    For the rent reviews and lease renewals 1: some...

    For the rent reviews and lease renewals
    1: some I do by email exchange
    2: some by deed
    3: some by registration against the title (paid by tenant)
  12. Why do you pay tax on your NZ property when you...

    Why do you pay tax on your NZ property when you make a loss ?
    Is the tax you are paying in NZ income tax ? (Not FB tax which you would still have to pay even if you lose money )
  13. Which are you ? Permanent tax resident ...taxed...

    Which are you ?
    Permanent tax resident ...taxed on worldwide income
    Temporary tax residents. ..local income only



    ...
  14. Replies
    17
    Views
    2,020

    One of my tenants owned a leasehold . Made almost...

    One of my tenants owned a leasehold . Made almost 1/4 million in about a year on the sale of his leasehold.
    Another one of my tenants made about $70k on the sale of her leasehold.
    Like all...
  15. Replies
    9
    Views
    493

    Hi Ross Keen to know 1: how IC are lost ? I...

    Hi Ross
    Keen to know
    1: how IC are lost ?
    I reconcile the tax paid and attached IC to see if the IRS records are correct
    I cleared out the IC when tax changed
    2: keeping the IC and profit in...
  16. Replies
    9
    Views
    493

    Each person have differing circumstances so it is...

    Each person have differing circumstances so it is important to seek professional advice

    1:Normal Company? Be very careful as very difficult to get out Capital Gains.
    Generally requires the...
  17. So income is in NZ and the companies office is...

    So income is in NZ and the companies office is based in australia ?
    Or income is in australia and office in NZ ?
  18. Replies
    9
    Views
    493

    I would go for neither Normal company , family...

    I would go for neither
    Normal company , family trust shareholder
    What are the tax rates of the beneficiaries?
    What is the bugetted taxable profit over the next decade ?
  19. Thread: Interest Rates

    by Beano
    Replies
    5,859
    Views
    955,488

    Commercial floating is generally lower than 12...

    Commercial floating is generally lower than 12 month fixed
    So I suspect they will give it to you for 4.3pc
  20. Is the problem 1: commercial should be in a...

    Is the problem
    1: commercial should be in a separate entity preferably ltd company ?
    2 & 3: making a exempt (for gst) entity a gst entity ?
    4: a trust ownership of a company that can choose to...
  21. Why do you not like commercial property owned by...

    Why do you not like commercial property owned by a family trust either directly or through a company (holding the property with the trust being the shareholder) ?
  22. Replies
    1,020
    Views
    124,634

    Sharing the room with your friend How much is...

    Sharing the room with your friend
    How much is your rent and what is your income ?
  23. Thread: Interest Rates

    by Beano
    Replies
    5,859
    Views
    955,488

    Floating rate ?

    Floating rate ?
  24. Is your PPOR unecumbered ? Or is financed with...

    Is your PPOR unecumbered ? Or is financed with the same bank ?
  25. Morning tea (coffee) at the office would probably...

    Morning tea (coffee) at the office would probably be deductible
    Most companies supply morning and afternoon tea.
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