"The problem with doing nothing is not knowing when you're finished" - Benjamin Franklin

herbie · Guru

RE: Pros and Cons for keeping your residence or selling up while travelling.

Mike C · Senior Member

As with any advise on any matter to do with tax, pensions, investments etc one must always seek advise that relates to their individual circumstances. what is good for one may not work for the other. The great thing about these sort of discussions is that it opens your mind to the possibilities and better arms you to seek professional advise when you need too.

There will always be good and bad opinions in a forum but that's what its about. general discussion not detailed advise on which to take action.

Always Always check with a licenced advisor to ensure that what you do is in your best interests overall (if you can find one you trust).

cheers

Mike

Rickp · Member

Hi everyone, thanks again, it seems as though we are not alone with our concerns.

Please keep a light hearted response to the forum as we are trying to avoid stress, so keep smiling as you write and respect opinions from others.

Silly quote:"A group that never has a different opinion is a quality admired in a flock of sheep". Please keep smiling.

Some replies reflect our concerns, so we are definitely not alone and the responses give us more ideas to consider.

What do you do for your mail while travelling?

Thanks again, Rick

gordon_adl · Senior Member

Nothing to do with agression. Just chose that colour as to me it seemed easier to read.

jules47 wrote:
Can I ask you, Gordon adl - why did you type your post in RED? Red is an aggressive colour - why would you post in that colour?

jules47 · The Happy Helper

So you think that PURPLE is a pacifying colour, and easier to read????????

gordon_adl · Senior Member

I agree in a way. Especially agree about 'may or may not contain accurate'. But to me, when someone says fairly sure, there could be someone who takes that as gospel and ends up getting burned. I always research more when I hear or read about something whether from a campfire or forum.

Roving-Dutchy wrote:

Hi Gordon

What you read on the forum is very much the same as when there is discussion around the campfire as you listen to various ideas, there may be information that pertains to your own situation, which may prompt you to seek out accurate information from other sources, before acting on the information gained.The ideas that are posted in this thread may or may not contain accurate information but they are posted in good faith and you can take or leave it, its entirely up to you. I don't think any forum is ever going to contain 100% accurate statements but it may help some one seek out further knowledge that will put the on the path to an answer to whatever problem they may have encountered.

If you feel that my statement re capital gains tax is wrong, feel free to do some research.

Cheers

David

gordon_adl · Senior Member

Herbie, I can assure you I never froth out the mouth over anything. I will definitely take on board the advice about using a red font. I had never considered that it could be interpreted as angry or anything else.

I don't post opposing views just to stir people up. Although it is quite fun at times seeing how an opposing view is considered so badly on here.

herbie wrote:
When i see any thing written in RED i visulise the person writting it is frothing at the mouth and about to have a stroke.
Regards Herbie.

gordon_adl · Senior Member

What colour would you like me to post Jules?

jules47 wrote:
So you think that PURPLE is a pacifying colour, and easier to read????????

msg · Guru

I am not a tax accountant but have been in the finance area for many years.
Legislation concerning tax or for that matter all legislation requires an understanding of the context under which it is written. Be very careful of taking the wording from one piece of information and applying it to your situation. Talk to a registered tax agent and discuss all the implications.

Jillybeans · Veteran Member

I decided to rent my property, I have quite a large mortgage so loose very little rent to centerlink. I have no idea about capital gains and figure I'll deal with that if it ever becomes an issue. I've taken out rental insurance so should be covered if my tenant turns out to be an arse. I wanted to stay in the property market, I also take comfort knowing that I do still have a home should I become ill in the future......

Who knows what will happen down the track, I also think if I love the life style and have no desire to settle back home I can always sell my old MH for some thing fancy lol....Tomorrow is not guaranteed, I'd just like to enjoy my life and stress less...

Grams · Guru

My husband and I have been discussing this very idea, to sell or rent out. We decided to sell our home, as the mortgage is going to be a tight squeeze on the pension, and the house and gardens are too much for us both, we decided it was best to sell.

I don't think we could buy a cheaper house, though there might be something out there. We have been thinking about either renting a home or parking our van on our daughters property and living there.

We both have medical problems, but we want to enjoy what time we have and while we can still enjoy it, which is why we are leaving in 2 years, we would love to leave earlier, but our youngest daughter is only 16 and still in High School, so when she finishes we can start finishing off the house ready to sell.

-- Edited by Grams on Friday 15th of March 2013 08:46:31 PM

vk6tnc · Guru

gordon_adl wrote:
What colour would you like me to post Jules?
jules47 wrote:
So you think that PURPLE is a pacifying colour, and easier to read????????

Disclaimer: The following words are written in humour, jest and not to be taken seriously........

Black and navy blue text did not get a response. Try light blue......

swinks · Member

rick i have been podering the same question to do or not to do.then i came across your post.and common sense kicked in.travelling can be tireing i think it would be nice to come home to a base.i would keep the base unless you find a different base along the way.i like to travel and then come home and then travel again.