Angela I. Yowie Bay, NSW 0 Likes 0 Followers Hi we are in a predicament. We live on a big block of land in our current home. We are in final stages with council for an approved DA to subdivide the land and build a new home on it. We will sell the one we are in and live in the new one. Problem is we have no money to finish the existing home, sell it and then build the new one. Once existing home sold we will be laughing however the bank won't lend us money to finish. We are stuck, any advice appreciated? 8 years ago
Robert B. Merrylands, NSW 0 Likes 0 Followers When a master degree HR student apply for an entry level co-ordinator job, the interviewers are demanding a mininmum of 3 yrs experience, Please can someone suggest an alternative solution to get into the HR field with no previous experience? .,thnx Rob 8 years ago
Robert B. Merrylands, NSW 0 Likes 0 Followers Q: I own my old home outright (The house in my name ) we want to knock it down and rebuild a single storey, We are also have our names in a property in which to help our only daughter to buy, Currently we are living in our daughter new home because our old home is unsafe to live in.My daughter and us have borrowed 1.2mil in order to buy her dream home, my wife and myself total income approx$95k When my daughter get married how do we obtain a construction h/loan to build the old house ?Rob 8 years ago
Pam W. Lane Cove, NSW 7 Likes 0 Followers My husband and I have full time jobs. His income is 95,000 and mine is 72,000 and our home loan is ANZ, $490,000. We just checked our internet banking and the rate on the loan is 4.62% and we would like to ask if that is too high and what should it be. We do have a credit card limit of $5,000 but we very rarely use it? 8 years ago
Daniel W. East Lindfield, NSW 1 Likes 0 Followers Hello,I have 5 friends and we have an option on a building site - we have a company at the moment. We want to build the project. We will pay cash from all 5 people for the land but through a vehicle ie trust or company and then that vehicle will need development finance. What is the best vehicle to use unit trust? and how does stamp duty work and how does the title transfer at the end. 8 years ago
Penny J. Molendinar, QLD 1 Likes 0 Followers Hello. Could you give me the accounting entries when a client pays a deposit in a client deposit held account right through to when a sales invoice is done and the customer pays? I need to know all the debits and credits for this with the corresponding accounts. Thank you. 8 years ago
Terence L. Bassendean, WA 3 Likes 0 Followers I'm looking to start a new company with two others. Our new accountant recommended that we use a unit trust as the business entity. The reasons being is that we have varied business billing amounts, frequency and scenarios so we will operating and managing cost centres within the company. The idea is that the unit trust is a distribution mechanism and we are operating like individual businesses within. Tax implications? Is this a weird business structure? 8 years ago
Rod B. Bayswater, WA 5 Likes 0 Followers Same Unit. I have an equity line and the unit is the surety over the loan.We paid back the equity loan to 0 dollars.We then purchased a house that is now our residential home.We borrowed more money on the equity loan to buy the house. We use the equity loan for normal day to day use as well.The unit is now rented out.The unit is still the surety over the loan. Can we claim any interest off the unit for tax purposes or is it not possible because we paid the loan down before?Rod B 8 years ago
Rod B. Bayswater, WA 5 Likes 0 Followers I have an investment unit.It was rented for one month in the 2015/16 financial year.If I get a depreciation s chedule done for the property can I claim for a full 12 months or only one month.?Thanks,Rod , WA 8 years ago
ANDREW S. East Bowral, NSW 1 Likes 0 Followers We have an exclusive agency agreement in place and want to take our property off the market. The agreement runs out 1/12/17 - we may have a family member who wants to invest in this property - can we accept their investment when the property is off the market? 8 years ago
ayesha s. Calamvale, QLD 0 Likes 0 Followers The seller wants a higher price than what the CMA indicates the property is worth. The seller insists on a “valuation”. What specialist advice would you recommend? 8 years ago
Satish B. Rockdale, NSW 1 Likes 0 Followers Hi, My organisation changed from Incorporation to Limited, but the bookkeeper before me kept using the same ABN number, though a different ABN was available. The IAS, BAS has been lodged with old ABN as well. Wondering what are the consequences? and if there are some, how can I do this. I have start using the correct ABN from onwards. 8 years ago
Troy D. Don, TAS 0 Likes 0 Followers Hi am looking at buying a bush block of land just for a little hobby farm. Have no intentions of building a house etc. Just wanna chop some wood and clean the place up and have a peaceful place to go and unwind. Would this be a poor investment??? 8 years ago
Todd B. Aveley, WA 0 Likes 0 Followers Hi could someone help.i have on going common law claim insurance company for 2nd defendant managed to get off the record regarding indemnity issues .now my lawyers tell me they don't no what to do next.? 8 years ago
Alex G. West Pennant Hills, NSW 2 Likes 0 Followers I use a vehicle for my job as I am required to travel to multiple sites each day, and I am also required to carry around a stepladder as well as multiple tools and safety equipment. Am I allowed to claim tax deductions on toll roads traveling to and from my first and last site of the day, as well as travelling between sites? Cheers. 8 years ago
lauren a. Elwood, VIC 0 Likes 0 Followers Hi, I recently incorporated my business about a year ago to Pty Ltd. ASIC have sent me a renewal for my business trading name. Do i need to renew this, even though i now have my PTY LTD?Thanks 8 years ago
Sue L. Bli Bli, QLD 0 Likes 0 Followers I'm helping an elderly friend keep track of their shares for taxation purposes. Their accountant gave them a form to complete for which they did remember what information needs to be put in each column. However on the sales side of this particular form is a column called Sales Value. They have forgotten what figure goes in here. Do they put the gross figure of the sale of shares which includes the brokers fees or is it the net figure excluding the brokers fee into this column? 8 years ago
s b. East Perth, WA 0 Likes 0 Followers How do you set up AcnToTrustToABNToTrading as different businesses to reduce taxI want a concrete cutting business that hires tools off own hire company and uses own labour hire companyWhat are the pros and cons. How do I apply for this? 8 years ago
Ela J. Adelaide, SA 0 Likes 0 Followers If I have signed a Disclosure Statement for a commercial property but not a lease, am I bound to anything?The Conveyancer is trying to tell me that:"you have signed a disclosure statement that bounds you to the agreement" but I have yet to sign a lease. Can they hold me to anything? 8 years ago
Nick S. Northmead, NSW 2 Likes 0 Followers I have saved $28,000 and found a unit I would like to make an offer on… around $600,000. My income is $110,000 and the mortgage broker I spoke to suggested a family guarantee loan but when he found out my parents had a loan on their property he said it wasn’t possible. Their loan is only $90,000 and they have plenty of equity. Is what the broker said right and are there any other options available? 8 years ago
