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  1. Macca74
    Post

    Changing shareholders of a sole director company

    Yes it is very hard to get finance for a construction loan when i am the director of the building company that is building the investment we had...
    Post by: Macca74, 8th Jul, 2022 in forum: Accounting & Tax
  2. Macca74
    Post

    Changing shareholders of a sole director company

    Might not wind it up actually as there was so many hoops to go thru getting licensed and insured may aswell keep paying the fees to keep current
    Post by: Macca74, 7th Jul, 2022 in forum: Accounting & Tax
  3. Macca74
    Post

    Changing shareholders of a sole director company

    Hi Terry no retained earnings at the moment we have carry forward losses as i took back all of the initial 30k capital in wages as i keep the...
    Post by: Macca74, 7th Jul, 2022 in forum: Accounting & Tax
  4. Macca74
    Post

    Changing shareholders of a sole director company

    Hi Paul, the company is a licensed and insured building company that i set up to build my last 3 investment properties. It only owns a couple of...
    Post by: Macca74, 7th Jul, 2022 in forum: Accounting & Tax
  5. Macca74
    Post

    Changing shareholders of a sole director company

    Thanks Terry i suspected it would be nil or no effect from reading some articles on the ato website
    Post by: Macca74, 5th Jul, 2022 in forum: Accounting & Tax
  6. Macca74
    Post

    Changing shareholders of a sole director company

    What about if you issued new shares of a different class in the company by lodging the Asic form and made sure they were fully paid up by the new...
    Post by: Macca74, 5th Jul, 2022 in forum: Accounting & Tax
  7. Macca74
    Post

    What’s your leverage % today

    What is the point of having all of your offsets full? Wouldnt that money be much better spent in the sharemarket paying an income dividend rather...
    Post by: Macca74, 8th Nov, 2021 in forum: Living Room
  8. Macca74
    Post

    SA Adelaide (south) heating up

    Hi Jim what was the cost for demoltion and who is doing it for you? Just about to settle on a property in Port Noarlunga South on Friday a 3 bed...
    Post by: Macca74, 2nd Nov, 2021 in forum: Where to Buy
  9. Macca74
    Post

    Construction loan for investment property

    They get a valuer to assess the price of the building contract plus land contract and if it passes we just borrow 80% of that I make sure that the...
    Post by: Macca74, 7th Jul, 2019 in forum: Loans & Mortgage Brokers
  10. Macca74
    Post

    Construction loan for investment property

    Hi Joseph, I am a director of a building company that I have set up solely to build my own investment properties in my own name We are using...
    Post by: Macca74, 6th Jul, 2019 in forum: Loans & Mortgage Brokers
  11. Macca74
    Post

    Tax Tip 43: Demolishing PPOR and Subdividing land and building 2 houses

    Hi Paul, i have already built a few investment properties to hold for at least 5 years as i like the depreciation it gives to reduce my tax bill....
    Post by: Macca74, 26th Mar, 2019 in forum: Accounting & Tax
  12. Macca74
    Post

    Tax Tip 43: Demolishing PPOR and Subdividing land and building 2 houses

    Thanks for the information Paul. What about if i was to build a new PPOR to live in for at least 5 years and then build another one? Surely this...
    Post by: Macca74, 26th Mar, 2019 in forum: Accounting & Tax
  13. Macca74
    Post

    Tax Tip 43: Demolishing PPOR and Subdividing land and building 2 houses

    Thanks Terry, Do you know what the id number is or a link that i can have a read on the ato website?
    Post by: Macca74, 23rd Mar, 2019 in forum: Accounting & Tax
  14. Macca74
    Post

    Tax Tip 43: Demolishing PPOR and Subdividing land and building 2 houses

    Hello Paul & Terry, I have another scenario that i dont think has been discussed yet. I am a licensed builder - what if i was to buy an old house...
    Post by: Macca74, 22nd Mar, 2019 in forum: Accounting & Tax
  15. Macca74
    Post

    Owner builder loan

    Hi Shahin if you dont mind me asking what are the other lenders that will finance a registered builder building their own contract? I am currently...
    Post by: Macca74, 19th Apr, 2018 in forum: Loans & Mortgage Brokers
  16. Macca74
    Post

    Gst & Margin scheme

    Hi Terry, sorry for late reply it has been hectic this weekend. I have not spoken to a specific tax adviser yet. I have just been doing a lot of...
    Post by: Macca74, 14th Jan, 2018 in forum: Accounting & Tax
  17. Macca74
    Thread

    Gst & Margin scheme

    Hello all, i am just looking for some advice. I have just signed a contract to buy an already subdivided block of land from a vendor that is not...
    Thread by: Macca74, 12th Jan, 2018, 24 replies, in forum: Accounting & Tax
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