| Questions and Answers

Mark S.

City East, QLD

1 Likes
0 Followers

Hi, My agent called Monday to arrange a showing of my home on Thursday/Friday to buyers. Never showed. The following Wednesday, unannounced he turns up. I was still in dressing gown and the place needed a little tidying up. Showing was embarrassing and didn't go well. Buyers didn't come back. Is this normal practice for agents, or is there something wrong with mine? Thank you.

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9 years ago

Peter M.

Woody Point, QLD

1 Likes
0 Followers

Hi, I am aged 71, retired, not working, and receiving a pension from Qsuper. I have $32,000 spare. I believe I can put this money into my Super if I have a job of 40 hours in any one month. I don't have a job. My question is - what constitutes a job? Can I mow my son's lawn during June, this taking me 40 hours spread over the month. Can he pay me a minimal wage of $100.

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9 years ago

Deborah B.

Maida Vale, WA

4 Likes
0 Followers

I've been out of work for the past 9 months got very behind in my mortgage and so now that I am at preservation age I took 25K from my superannuation and paid off the mortgage debt. Today I got the bad news that I am unlikely to be able to work for at least another 6 months. I have only 13K of superannuation left. I took the 25K in late March. Can I access the remainder of my super? When? Thanks Deb

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9 years ago

renee t.

Melton, VIC

1 Likes
0 Followers

Hi there I am seeking advice, I am a subcontractor courier driver, I would like to know my options for lodging my tax payments! I do not want to get in debt. please help??

thanks

jaylene

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9 years ago

Mireille Salloum

Real Estate Agent

Parramatta, NSW

5 Likes
5 Followers

Looking for advice around the best potential structure for a company so that its assets are protected. Some accountants have suggested:

1. Setting up a private company and allocating its shares to a discretionary trust
2. Setting up a private company and allocating its shares to a discretionary trust where the trustee is a private company
3. Setting up a private company and allocating its shares to a discretionary trust where the trustee is another discretionary trust

Which do you recommend?

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9 years ago

Sam M.

Cabarita, NSW

2 Likes
0 Followers

Our offer has been accepted on a new home and we are just waiting on the finance before we exchange. Is there any way the property can be taken off the market so we don’t lose it?

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9 years ago

Tom H.

Glen Alpine, NSW

16 Likes
2 Followers

I heard a radio ad promoting Australian biggest home loan sale with Rate City. Is this just marketing ploy for the banks or will they actually be able to help borrowers get people better rates.

The ad said the sale goes for 40 hours, does anyone know how it works?

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9 years ago

SUZANNE C.

Noble Park, VIC

1 Likes
0 Followers

I have a rental property. The tenant has passed away. My real estate took it upon themselves to clear out the rubbish the tenant had left and cleaning the back yard without my knowledge. After 8 weeks I find out I owe tradies $2300. Why was I not shown or told of the mess by the AGENT and allowed to inspect for myself? Are the Agents trying to hide something. What are my rights as a landlord?

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9 years ago

Laura L.

Ringwood East, VIC

2 Likes
0 Followers

Hi,
I bought a property in Nov 2006, moved in Mar 2007. Lived there until early 2010. It is leased out since Jul 2010. I have no other main residence until Jun 2014. It is sold in last month. It was my main residence from Nov 2006 to Jun 2014. As it was Home First Used to Produce Income, I should use value at time of it first rented as cost base. But I didn't have it valued. So, must I use purchase price as cost base?
Thank you!
Regards,
Laura

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9 years ago

Brian B.

Dapto, NSW

1 Likes
0 Followers

Hi.
I have set up a family trust with a corporate trustee and a bank account to go with it.
How do I transfer ownership of my cash to the trust.
Obviously I can put it in the account but how do I record the transfer of ownership?

View responses or answer (3)

9 years ago

Larry S.

Melbourne, VIC

3 Likes
1 Followers

Have you recently bought your own business premises and stopped renting? Looking for a case study to feature in the Australian Financial Review. Must be willing to pose for a photo and talk about the how and why of their investment.

Contact me at larry.schlesinger@fairfaxmedia.com.au

View responses or answer (1)

9 years ago

anna s.

Depot Hill, QLD

1 Likes
0 Followers

What are the minimum details that must be included in a request for payment to be a valid financial document and enforceable debt in Australia?

View responses or answer (1)

9 years ago

Lindy R.

Coomera, QLD

1 Likes
0 Followers

I'm a new Zealand citizen but live and work in Australia. Can I take my super with me when I move back to nz?

View responses or answer (1)

9 years ago

KAHUNA H.

Morpeth, NSW

3 Likes
0 Followers

Hi Guys, I currently earn about $80K PA, my wife earns about $25K PA. Im 50 and my wife is 48. We have a standard fixed home loan of $470K. I have $600K invested. Car loan of $70K and a credit card with $25K max, $7K owing. Ive just done my 2016 tax return and have to pay the ATO back $6K :( They now also want me to advance quarterly payments of $2K starting in July. WTF!!! What can I do to reduce my income tax??? I am definitely not a rich man, but Im sure the ATO think I am!!! HELP??

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9 years ago

Clare P.

Australia Fair, QLD

1 Likes
0 Followers

My husband and I are directors of our own construction company. We have reached a point where we are out of out depth with how to measure our progress and be able to see if our business is viable and our debts measureable and managable. We are lost as to what we should do next to get our debts under control. Should we seek advice from a financial planner?..and can't our bank manager help us with this planning?

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9 years ago

Julia P.

Pimpama, QLD

1 Likes
0 Followers

How much can my mum and I afford in rent? If I get paid $800 a f/n and my mum gets paid $700 f/n.

I always thought that even when your renting with someone else. That the rule of thumb is to not go for anything you can't afford on your own. Is that correct?

I only put the worst case scenario

View responses or answer (1)

9 years ago

zoo z.

West Wodonga, VIC

1 Likes
0 Followers

Hi I am about to sign the contract now for residenttial land where I need to pay half of the stamp duty according victoria first home buyers rules. Now they are waving the stamp duty from July 2017 and increasing the grant from 10 to 20k. My question is can get full rebate from government if I apply half now and half after occupancy?

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9 years ago

John T.

Warren, NSW

0 Likes
0 Followers

Wife and I seperated 2yrs trying to negotiate a settlement.
We had a joint account in both names that she froze. The funds have been released by a cheque issued in both names, I asked it to be sent direct to the solicitor acting on both our behalf, but they said they could only send it to the account holder.
My wife received the cheque and has cashed it into her personal acc, she now tells me she has spent the money.
Was it legal to cash a cheque issued in both names? I think not.. Thanks

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9 years ago

Sylvia D.

Koumala, QLD

1 Likes
0 Followers

Is novated leasing a good idea or is it better to pay a deposit and get finance? Would be looking at a prado, earning over $100000 annual and drive 25,000km annually. What are the problems with novated leasing?
Thanks :)

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9 years ago

Clayton L.

Gracemere, QLD

2 Likes
0 Followers

Hi,im currently am full time employed an am looking at starting up business up as a partner ship with a name and abn number i was told if i get a business name and a abn number and the hasnt stared up or made any money i would be still taxed on it at tax time any feed back on this ?

View responses or answer (1)

9 years ago

Hi there I am seeking advice, I am a subcontractor courier driver, I would like to know my options for lodging my tax payments! I do not want to get in debt. please help??thanksjaylene

Our offer has been accepted on a new home and we are just waiting on the finance before we exchange. Is there any way the property can be taken off the market so we don’t lose it?

I heard a radio ad promoting Australian biggest home loan sale with Rate City. Is this just marketing ploy for the banks or will they actually be able to help borrowers get people better rates. The ad said the sale goes for 40 hours, does anyone know how it works?

Hi.I have set up a family trust with a corporate trustee and a bank account to go with it.How do I transfer ownership of my cash to the trust.Obviously I can put it in the account but how do I record the transfer of ownership?

Have you recently bought your own business premises and stopped renting? Looking for a case study to feature in the Australian Financial Review. Must be willing to pose for a photo and talk about the how and why of their investment.Contact me at larry.schlesinger@fairfaxmedia.com.au

What are the minimum details that must be included in a request for payment to be a valid financial document and enforceable debt in Australia?

I'm a new Zealand citizen but live and work in Australia. Can I take my super with me when I move back to nz?

How much can my mum and I afford in rent? If I get paid $800 a f/n and my mum gets paid $700 f/n. I always thought that even when your renting with someone else. That the rule of thumb is to not go for anything you can't afford on your own. Is that correct? I only put the worst case scenario

Is novated leasing a good idea or is it better to pay a deposit and get finance? Would be looking at a prado, earning over $100000 annual and drive 25,000km annually. What are the problems with novated leasing? Thanks :)

Hi,im currently am full time employed an am looking at starting up business up as a partner ship with a name and abn number i was told if i get a business name and a abn number and the hasnt stared up or made any money i would be still taxed on it at tax time any feed back on this ?

Hi there I am seeking advice, I am a subcontractor courier driver, I would like to know my options for lodging my tax payments! I do not want to get in debt. please help??

thanks

jaylene

I heard a radio ad promoting Australian biggest home loan sale with Rate City. Is this just marketing ploy for the banks or will they actually be able to help borrowers get people better rates.

The ad said the sale goes for 40 hours, does anyone know how it works?

Hi.
I have set up a family trust with a corporate trustee and a bank account to go with it.
How do I transfer ownership of my cash to the trust.
Obviously I can put it in the account but how do I record the transfer of ownership?

Have you recently bought your own business premises and stopped renting? Looking for a case study to feature in the Australian Financial Review. Must be willing to pose for a photo and talk about the how and why of their investment.

Contact me at larry.schlesinger@fairfaxmedia.com.au

How much can my mum and I afford in rent? If I get paid $800 a f/n and my mum gets paid $700 f/n.

I always thought that even when your renting with someone else. That the rule of thumb is to not go for anything you can't afford on your own. Is that correct?

I only put the worst case scenario

Is novated leasing a good idea or is it better to pay a deposit and get finance? Would be looking at a prado, earning over $100000 annual and drive 25,000km annually. What are the problems with novated leasing?
Thanks :)