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  • Back to an income to buy property

    Posted by Laura on February 22, 2024 at 12:55 pm

    In the past I have brought a unit, and would like to buy out of town from brisbane to stay there permanently. It seems impossible to get anything decent so I’ll have to get a loan

    I will beed to get an ABN again and show an income for future invoice

    I’m currently on a productivity of labour with no abn.

    My question here is:

    Q – Has anyone gone back to an abn purely to apply for a loan?

    Q – would I be best creating a company to for protection? As I’d recieve an income as an employee, even if it’s the full amount.

    Q – or creating a trust for the sole trader with an abn. For protection

    I could just go get an ABN, be on an “income” for 3 months, then get rid of it, but I just had the idea to ask if anyone had any ideas before I do this.

    Laura replied 1 year, 3 months ago 3 Members · 10 Replies
  • 10 Replies
  • morag-janet-of-the-hill-family

    Member
    February 22, 2024 at 1:34 pm

    If I was you I’d pay for a meeting with Mark, before making a move.

    • Laura

      Member
      February 22, 2024 at 8:09 pm

      I can’t seem to book one from this website. At the moment only Zoltan is available.
      Do you know if mark is still doing consults?

  • Laura

    Member
    February 23, 2024 at 8:49 am

    I just booked in. 🙂

    Thanks Morag 😊

  • Laura

    Member
    February 23, 2024 at 3:55 pm

    I just email them, and they provide an appointment.

    I think it may be because he’s so inundated with requests they may only book appointments this way, as there aren’t many available bookings.

    I could only get a 30min appointment next week

  • Laura

    Member
    February 23, 2024 at 8:25 pm

    They seem to have appointments with a months wait.

    I booked but I will have to create something for an abn before then.

    If anyone has any useful information on what may benefit us I’m choosing how to go about this. That would be great

  • E.H.

    Member
    February 29, 2024 at 2:06 pm

    Hi Laura, I’m also looking to buy and am waiting for the prices to come down. I was told that a 30% drop will come this year, so I’m waiting 🤞

    • Laura

      Member
      February 29, 2024 at 3:35 pm

      Well that is great, I hope this happens. 🙂