We are about to hit 40, two rascals in school, we love our house and don't plan to move. Only major thing about to happen, we MIGHT drop to one...
Good question - We have one and own it outright.
Hi team, I would like your opinion on the following: Question: What should I do with this fully offset investment loan? Background: Investment...
I'd like to do this. What kind of person should I see? I get confused by all the different job titles and who does what. Thanks!
Interesting idea and one I hadn't thought of. Thanks for sharing it. We live outside of a capital city so our house is in a nice spot with a nice...
Nothing impressive about using other people's money and then building a 10 storey building. If you throw a dart 100 times and eventually 1 hits...
I feel we're in a good financial position, but I don't know what to do next. My goal: keep investing while we have good incomes, but nothing too...
Welcome Max. Thanks so much for helping expose this horrible situation that has taken place.
I'm sad to say that all the bad press is absolutely true and investors have lost millions. He promises to buy land and develop it. What he fails...
There's a hint on his website "upon completion". I think he counted his chickens before they hatched (counted the projects value upon completion...
Developer who owns site where two houses were set alight had company go into liquidation Here you go. As reported by the Abc
Bought in 2016. Paid the deposit 5-10% in cash (which is held in trust). The developer was in a court battle since then with the original land...
All we got was a crappy email from KordaMentha (administrator) saying "you're welcome to get your deposits back now". AND we only got that email...
Yes, this is the exact section I've been reading over and over. We have not been notified in writing in a formal sense, and it definitely...
My brother bought a block in 2016 on the Vic coast. Paid $280k.However, the developer went into liquidation (or whatever you call it) and...
He is still on this forum. Just doesn't use his name
Great article Terry. Do you have any suggestions for using capital losses quickly if there is no non-deductible debt? Say Lisa, in the example...
Yes, I understand. And I assume it's better to offset that capital loss sooner than later otherwise the value of the loss slowly erodes with...
Thank you kindly for your time and information. It may not seem a lot, but it really does help
Yes. Beneficiary pays interest on line of credit to a bank. Corp Trustee pays interest on the loan to the Beneficiaries. Same interest rate.
Separate names with a comma.