Leigh S. Frankston, VIC 4 Likes 0 Followers Had a few credit issues… is there a minimum credit score you can have and still qualify for a home loan? 8 years ago
Oliver T. Carlton, VIC 8 Likes 0 Followers Hi… what are the benefits of buying an investment property in a family trust and what impact does it have on being able to get a loan? 8 years ago
Aaron H. Waterloo, NSW 2 Likes 0 Followers This is about tax incentives - I currently live in a an apartment property that I have paid off to a degree but want to utilise the equity to buy a house. I understand that I can borrow 80% of the current properties value but unsure what sort of tax benefits I am going to be able to claim? Thanks in advance for your help. 8 years ago
Zac H. Burpengary, QLD 1 Likes 0 Followers Hi,I have just started a company with a business partner. I current am also a sole trader as a contract trainer. We want to start an RTO and think that this might be benficial to showing more financial viability.Would it be smart to run the significant training income through the company? 8 years ago
Michael P. Narrabundah, ACT 2 Likes 0 Followers Hello,My partner and I have a rental property that is costing us a fortune in ACT Government Land Tax.Our tenant is my partners son and we are looking at getting him to purchase a third of the property so it will no longer be a rental property.There is still a mortgage on the property of around $310,000 and the property estimated value would be around $580,000.What is the best way to go about this and is there any way of preventing (or minimising) Capital Gains Tax?Regards,Michael 8 years ago
Michael C. Edith, NSW 31 Likes 6 Followers Is the LVR the same for purchasing commercial property through a SMSF as it is via normal channels? 8 years ago
LYNDA F. Appin, NSW 1 Likes 0 Followers I have just been made redundant. I am 50. My husband gets the aged pension and I receive the blind pension. We have been living off that for that past year while I was off on medical leave. I have received a payout of almost $100K from my employer. My super fund says because I was made redundant I can receive a pension for life from my super. I can also take a lump sum or just leave it until later. Not sure how this will effect taxes or my husband's pension? Any advice is appreciated. 8 years ago
Sam N. Paddington, NSW 2 Likes 0 Followers If you have super in the pension phase, and the balance is, say $1.55m, but the price of shares goes up, or dividends are received, and the value goes above $1.6m, have you breached your transfer balance cap? 8 years ago
Damian W. Hamilton, NSW 3 Likes 0 Followers Is there a general rule about the returns on pub freeholds… current owners are owner operators so if we buy the freehold what return should we expect for the lease? 8 years ago
Graham G. Peregian Springs, QLD 1 Likes 0 Followers My father is old and he didn't want to live alone or a home.So he decided to sell home and live with us so we could look after him, but our house was small so we sold our home. So dad gave us money from the sale of his house as a gift.So we bought a house and put the house in our names not dads.My question is after dad passes away, can family members take our house away from us? 8 years ago
Piers G. Alexandria, NSW 2 Likes 0 Followers I own a commercial terrace in Sydney with an office on the ground floor and a self-contained residential apartment on the two floors above (with its own access). The property is on the one title and isn't strata. I'm having a hard time finding a bank that wants to refinance the property and I'm not sure why - I have tons of equity in it. Can anyone suggest a good path to go down to get the property refinanced? 8 years ago
Aaron T. Bellamack, NT 0 Likes 0 Followers Just got my statement from my income protection which I was on for 5 months they didn't tell me I wasn't getting talked on it until my last payment in June .My question is I wasn't getting super or any allowances during the period and incurred medical cost whilst overseas when I returned to Australia had on going therapy is there anyway I can incorporate these into reducing my tax .I received 50.000 in the 5 months of which 20.000 was a lump sum .? 8 years ago
Narelle C. Brisbane, QLD 5 Likes 0 Followers My uncle lives in my grandparents house which was left 50/50 to him and my Mum when my grandparents passed - my Mum and Dads pensions are being reduced each time Centrelink review their assets as the value of the property has increased - My parents are in their late 70s and my uncle who has never moved out of home and is single has no idea of the impact to my parents. Is there any way that my parents can pass their share of the property over to us while they are alive so that they can manage ? 8 years ago
Clive B. Boonah, QLD 0 Likes 0 Followers Are repairs and maintenance to a fixed asset an expense or an increase in value to the asset?If they are an expense, are they operating profit or non-operating profit.Thanks in advance. 8 years ago
Clive B. Boonah, QLD 0 Likes 0 Followers I am keeping the books for a club. When I get an annual membership payment, is that an income or capital account?Thanks in advance. 8 years ago
Rene B. Tanunda, SA 1 Likes 0 Followers Im a 40 year old struggling terribleI have 2 children every other weekend.I have had advice regarding my financial situation and have all said bankruptcy is my best option.Im needing to move into my own place for the sake of my children.If i go bankrupt, can i apply for early release on my super?I have nothing of my own regarding house goods. Need everything?Thankyou in advanceRene 8 years ago
Anda M. Highett, VIC 1 Likes 0 Followers I bought a home with my mum (50/50) in 2010, &lived there till March17 when I bought my own home. To satisfy the ATOs one primary residence rule to avoid CapitalGainsTax, I have to transfer the title to her (StateRevenueOffice says shell have to pay stamp duty on homes current value). Or when the house is sold, ill have to pay CGT, even though it's not an investment property? Is there any way my 60 y.o. widowed mum can stay there without having to sell & move, or one of us getting hit with fees? 8 years ago
Tiffany M. Wangaratta, VIC 5 Likes 0 Followers My mum has a substantial amount of shares that were left to her by her father 840000 she is wanting to leave them to my sister and I in her will. She doesn't want to sell them as she said she would have to pay nearly half back in tax. as they were a lot cheaper when he bought them?. What happens with the price of them when left to us thanks? 8 years ago
David H. Frankston, VIC 1 Likes 0 Followers Made an enquiry through local agent finder and they recommended a real estate agent. When we met the agent we weren’t overly impressed, does it mean we still have to use them? 8 years ago
Emily G. Zetland, NSW 6 Likes 1 Followers My partner and I are earning good money, 120k and 80k and pay $1,100 a week rent. We have found a property we like and want to ask if it is possible to borrow 100% of the property, about $820,00? 8 years ago
