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Post by harrytom on Mar 12, 2024 18:07:24 GMT 12
Wellsford Rural firebrigade rejects Gangs donation of $2500. Ok maybe not a good look taking taking $$ from a gang event,but ? Well Brooke how about you stick your hand in your own pocket and help out?? www.msn.com/en-nz/news/national/volunteer-fire-brigade-expected-to-return-head-hunters-donation-after-complaints/ar-BB1jIUVvWellsford's volunteer fire brigade is expected to return a $2500 donation from the local chapter of the Head Hunters motorcycle gang. Internal Affairs Minister Brooke van Velden said she understood Fire and Emergency New Zealand (FENZ) was working with the brigade to give back the money raised during last weekend's charity ride, following "several negative comments" and complaints from the public. The motorcycle gang's Wellsford chapter has held a fundraising ride it calls the Outlaw Run annually for about 15 years, with a different local charity benefitting each time. However, van Velden said she did not support volunteer brigades accepting donations from parties associated with organised crime gangs, calling them a "scourge on our communities". |
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Post by eri on Mar 12, 2024 18:08:20 GMT 12
you get a loan to buy a business
it's tax deductible
farmer takes out another loan to buy the farm next door to farm more efficiently
the loan is tax deductible
if you don't know that
i'm not sure you should be commenting on tax deductibility
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Post by fish on Mar 12, 2024 18:09:03 GMT 12
there's a block of 8 three bedroom townhouses being squeezed into a 900?m2 section going up next door looks like a team of 20 chinese workers working 7am-5pm 6 days a week they're working fast and the build standard and quality looks fine to my unqualified eye they'll probably be on the market for about $1,500,000 in 4? months i'm not sure builds like that will help people with more 'issues' than cash filling emergency housing I'm fascinated to know what that has to do with under-funding the Police? Are you saying police constables should build multi-unit apartments, cause they'd earn a shot-tonne more money than catching badies pays? |
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Post by eri on Mar 12, 2024 18:11:42 GMT 12
if you want police and teachers to stay in the country
you need to treat them well
if you don't, they'll move to where they can earn more
if you want nz capital to stay in the country
you need to treat it well
if you don't, it will move to where it can earn more
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Post by fish on Mar 12, 2024 18:14:50 GMT 12
you get a loan to buy a business it's tax deductible farmer takes out another loan to buy the farm next door to farm more efficiently the loan is tax deductible if you don't know that i'm not sure you should be commenting on tax deductibility Do you understand the difference between an investment and a business? Investments are passive. They just give you money. Most of the time. Sometimes they don't. Business. You have to actively work in them. Generally a business does or makes something productive. You sell it for a profit (if you or the business are any good). The two examples you gave are businesses. The farm is a good example. You have to work your skinny white arse off growing stuff to sell, and if you are extraordinarily lucky, you might make some money. Building houses is a business. You are producing something of value to sell. Owning a house and renting it. That is not a business. It is an investment. You don't do anything. You don't produce anything. You park your money there and you get more back. No other investment is tax deductable. Not shares. Not bonds. Not term deposits. Not even PIE funds. But you keep drinking the coolaid. |
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Post by eri on Mar 12, 2024 18:16:47 GMT 12
property mangers exist
because the provision of accommodation in nz is not 'passive'
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Post by fish on Mar 12, 2024 18:17:03 GMT 12
if you want police and teachers to stay in the country you need to treat them well if you don't, they'll move to where they can earn more
if you want nz capital to stay in the country you need to treat it well if you don't, it will move to where it can earn moreI want to see this capital you speak of that can catch rapists and help sick children?!? |
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Post by fish on Mar 12, 2024 18:20:56 GMT 12
property mangers exist because the provision of accommodation in nz is not 'passive' Property managers exist cause they worked out how to clip the ticket. But unlike a farm, a rental does not require 40 hours / week, 52 weeks a year of work to make a return. Occasionally you may have to phone a plumber. Otherwise you have to check you bank account and watch the rent payments roll in... |
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Post by eri on Mar 12, 2024 18:42:26 GMT 12
i can see why you previously voted labour capital flight is a thing and nz doesn't want to see it even if 60% of nz'ers think the country can tax its way to prospertity en.wikipedia.org/wiki/Capital_flight |
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dp
Full Member
Posts: 140
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Post by dp on Mar 12, 2024 18:57:14 GMT 12
property mangers exist because the provision of accommodation in nz is not 'passive' Property managers exist cause they worked out how to clip the ticket. But unlike a farm, a rental does not require 40 hours / week, 52 weeks a year of work to make a return. Occasionally you may have to phone a plumber. Otherwise you have to check you bank account and watch the rent payments roll in... Rubbish People who do less managerial/physical work than a residential property owner with half a dozen or more self-managed houses yet can claim interest deductions - Farmers with sharemilkers - Farmers who lease their farms out - Commercial property investors - Charter boat/aircraft owners where the asset is managed by a third party - Managed portfolio investors - Hire plant investors - Fishing quota owners - Managed hotel apartment owners - Managed marina berth lessors |
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Post by fish on Mar 12, 2024 19:12:02 GMT 12
Property managers exist cause they worked out how to clip the ticket. But unlike a farm, a rental does not require 40 hours / week, 52 weeks a year of work to make a return. Occasionally you may have to phone a plumber. Otherwise you have to check you bank account and watch the rent payments roll in... Rubbish People who do less managerial/physical work than a residential property owner with half a dozen or more self-managed houses yet can claim interest deductions - Farmers with sharemilkers - Farmers who lease their farms out - Commercial property investors - Charter boat/aircraft owners where the asset is managed by a third party - Managed portfolio investors - Hire plant investors - Fishing quota owners - Managed hotel apartment owners - Managed marina berth lessors That is great. But do you think the Police should get more than a 4% payrise? What kicked this little discussion off was my comment that National will have a tough sell giving landlords a tax cut while under-funding the Police. I can't see how National can increase Police numbers by 500 when the pay is so shite. |
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Post by ComfortZone on Mar 12, 2024 19:41:45 GMT 12
That is great. But do you think the Police should get more than a 4% payrise? What kicked this little discussion off was my comment that National will have a tough sell giving landlords a tax cut while under-funding the Police. I can't see how National can increase Police numbers by 500 when the pay is so shite. Who says the Police are "under funded", sounds like classic media click bait/Labour party PR. Underfunded compared to what? The cops don't have any problems with expenditure on their woke/diversity crap and top heavy administration c.f boys and girls on the beat. |
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Post by fish on Mar 12, 2024 20:50:35 GMT 12
That is great. But do you think the Police should get more than a 4% payrise? What kicked this little discussion off was my comment that National will have a tough sell giving landlords a tax cut while under-funding the Police. I can't see how National can increase Police numbers by 500 when the pay is so shite. Who says the Police are "under funded", sounds like classic media click bait/Labour party PR. Underfunded compared to what? The cops don't have any problems with expenditure on their woke/diversity crap and top heavy administration c.f boys and girls on the beat. The comment is in relation to the Police Association (?) saying they are offended by the latest pay offer. and talking of working to rule. Labour said they were going to increase Police by (I think) 300 cops. National are now saying 500 cops, but they have a major retention problem. And they are offering substantially less than what inflation has been over the pay period. I can't see how they can attract 500 recruits when the pay is so poor. Especially for shift work. So while technically the police are sufficiently funded for operational costs, the cops themselves are getting seriously short changed on salaries. A detective after 18 years should be getting more than $100k, surely? In that respect, I think it's fair to say Police are under-funded. They have a retention problem. They are failing to attract new recruits. Aust is paying twice as much (literally, twice as much). Am I the only one that sees that as an issue? |
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Post by GO30 on Mar 12, 2024 21:01:40 GMT 12
How many investments can you name where the loan to buy the investment is tax deductable? More so, how many investments can you name that you can leverage to buy with just 10% capital? And still expect the other 90% of the investment to be tax deductable? Every single business in the country.
Crypto, the share market, precious metals, real estate to name just a few headliners. All can be purchased using leverage.
Some of the domestic housing is an anomaly. Note the 'some' as the only ones who got penalised are the small time Ma and Pa landlords and their tenants.
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Post by GO30 on Mar 12, 2024 21:08:26 GMT 12
The motorcycle gang's Wellsford chapter has held a fundraising ride it calls the Outlaw Run annually for about 15 years, with a different local charity benefitting each time. It was a public event supported by a pile of the local businesses. |
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