Well I spoke briefly to the financial planner associated with my accountants and he said everything looked ok to retire now. He did add that we...
Not newly built. I think it was a decade ago or so now. We did do very detailed depreciation schedules for them at the time though from one of...
This! Yeah I know that I need to work through the asset mix. I had planned on retaining all 3 Mona Value units forever and giving as an...
Yeah, that;s one of the reasons we've bought this apartment in Brisbane as a PPOR and for somewhere for Aden to live in while at Uni. We're only...
My rationale on paying down the debt was because the debt is commercial debt at about 7% interest and I/O. In 5 years time it reverts to P&I. I...
Hey Terry, we're using the unit in Brisbane as the PPOR for CGT exemption as well as local tax residency reasons. It will be worth about $550K...
Those are all gross assets. I showed debts separately. No, we haven't put much into Super. Eligibility criteria seem to keep changing. I can't...
Enough but not as much as we'd like ultimately. I calculated it as around $70K pa net. This only goes up in time as we continue to pay down debt...
Thankfully we have close friends in Brisbane who have all offered to be available to him if something serious happens. Of course, we will be back...
Thankfully our application was lodged before it was discontinued. So, we're in processing and will be issued in due course.
Hey Wylie, No friends or family in Portugal. We just liked the way to get a golden visa for European citizenship via property investment. We'll...
Hi Terry, Been a while :) Sorry, incomes are roughly $150K pa from Mona Vale, $20K pa from Portugal and $20K pa from Brisbane (sub-letting to...
Hi Everyone, Some might remember me from a while back when I used to post regularly, predominately about my unit development in Mona Vale and...
This is the plan... Just need to close out my OS assignment in Vietnam then get back to Brissie at the end of the year. I'll look to buy a...
I turn the big 5-0 this year so bought a bottle of 1970 Grange to celebrate the big day. I know its wasteful but what the hell. You only live...
Hi Kangabanga, We might need to look into this when we come back to Brisbane in 12 months time. We're going to do another reno or a splitter or...
Hi Cliff, I know you're the macro cycle guru but lets pin this prediction. I personally think Sydney and Melbourne will outperform Brisbane in...
Hi Skater, I like this a lot and is in fact what I'm contemplating as my next likely move. What is being missed here is the key point that your...
Is that for a single? i.e. if you're a retired couple you need to be earning $134K to be in the top 3%?? Makes my position look very average....
I look at it slightly differently but your point is still well made... Interest servicing is only about $251,000 I calculated based on an 80%...
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