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1h
reviewed No Action Needed Open an ordinary bank account in USD without setting foot in the US and without paying a single cent in additional fees
1h
reviewed No Action Needed Checks & Cheques
1h
reviewed No Action Needed Can we make traditional IRA deductions to reduce last year taxes if we have 401ks and I already contributed to a Roth?
13h
comment How is negative gearing a good thing?
@Michael - I think you have a problem explaining things. Have you read your sentences, they don't make any sense. Also, I don't think you have a full understanding of negative gearing in Australia. Simply a negative geared property will not be viable unless sufficient capital appreciation is achieved during the life of the investment, which is not guaranteed by any means.
17h
reviewed No Action Needed F1 OPT Visa Tax return queries
17h
reviewed Close Are gifted health insurance premiums tax deductible for the recipient?
18h
reviewed Close How do Australian CEO's minimise their tax liability?
18h
reviewed No Action Needed Why is it rational to pay out a dividend?
19h
reviewed Looks OK Emigrating from USA to United Kingdom
20h
comment How is negative gearing a good thing?
@Michael - "... the only sensible comparison which makes a case for the negative gearing is upwards from a positive gearing positive return scenario." What does this even mean? Also, if you are negative gearing solely to lower or defer your tax you will actually have less disposable income to make additional investments (for every $1 income loss on the investment you only get a max. of $0.47 back in reduced tax). The only way to make additional investments in such a case is if the property has considerable capital appreciation, which is no guarantee.
1d
reviewed Reviewed FBAR, just found about it. What to do?
1d
comment How is negative gearing a good thing?
"BUT any money invested today always makes a return right?" No, money invested today is not guaranteed in any way to make a return. Regarding being able to invest more with a negatively geared property because of deferred tax, no you actually can invest less because your making a loss to get some tax back. The only way you would be able to invest more and make any return on investment is if the equity in the property due to capital gains increases considerably, which is by no means guaranteed.
1d
comment Why is it rational to pay out a dividend?
But if markets are not efficient there is no reason to assume they are. Then you are not talking about reality.
1d
reviewed Reviewed What evidence that reporting a small utilization (vs no utilization) leads to a better credit rating?
1d
reviewed Close Asset allocation software: Application or tool to help me rebalance my investment portfolio?
1d
comment Why is it rational to pay out a dividend?
But markets are not efficient! Also, only long term capital gains are taxed less (asset held longer than 12 months). And most good compaies do invest part of their earnings, not all of it goes to dividends.
1d
reviewed No Action Needed Asset allocation software: Application or tool to help me rebalance my investment portfolio?
1d
comment What usually happens to the Stock Market when it opens on Monday?
You could also look at what the futures market is pricing the FTSE for an indication of the move at the open on Monday morning.
1d
reviewed No Action Needed Where can I put savings for my kid that I literally cannot withdraw from?
1d
reviewed No Action Needed Calculate Estimated Tax on Hobby Business LLC