Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 17k in last month 2024.

@josephmarous4679

Ай бұрын

Wow, that's more than a mouthful of profits you're making. How do you achieve this feat consistently? You must be a genius!

@harryspottuer

Ай бұрын

I'm 63yrs and have been looking for ways to be successful?

@puzio-c5K2

Ай бұрын

Honestly speaking, I will continue to trade and stick to Sylvia nicolas daily analysis and guides as long as it works well for me..

@khatty1989-H

Ай бұрын

For real? I'm super excited. Sylvia Nicolas strategy has normalized winning trades for me also. and it's a huge milestone for me looking back to how it all started.

@lidiagarcia8545

Ай бұрын

she is outstanding so well mannered teacher, glad i saw this here the knowledge you will gain is for a life time. Now is the time to invest in your education for 2024.

From $7K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family

@LindaHarmel

2 ай бұрын

I agree just reached my goal of $100k monthly trade earnings. Setting realistic goals is an essential part of trading

@lea5898

2 ай бұрын

Please educate me, i'm willing to make consultations to improve my situation

@adamalker71

2 ай бұрын

I made a lot from last week, a vision of the effective signals alone assured me of the turnovers. all thanks to Stacey Macken .

@findingpath8362

2 ай бұрын

Stacey's understanding of market indicators is impressive. She knows exactly when to enter and exit trades for maximum profit. her signals are top notch .

@aniniels-hw5iv

2 ай бұрын

One of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work

I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Veronica Hoy.

@Claire-un4bj

2 ай бұрын

Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.

@Jasmine-eu5qx

2 ай бұрын

The first time we had tried, we invested $1400 and after a week we received $5,230. That really helped us a lot to pay our bills.

@ThomasJones-gm7fr

2 ай бұрын

You invest with Veronica Hoy too? Wow that woman has been a blessing to me and my family.

@CynthiaMorgan-qp8zl

2 ай бұрын

I'm new at this, please how can I reach her?

@ThelmaJasmine

2 ай бұрын

I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much

It looks like your health is starting to return mate, glad to see it 🙏

@lukewiles1

2 ай бұрын

Slow and steady 🐌 except the eyebrows 😅

@RizzlaGP

2 ай бұрын

@@lukewiles1 my advice would be to steer clear of any boosters, they will flog your immune system further. I developed a dermatitis to my hands which I'd never had before taking the primary mandated ones. Also if you have tried the carnivore animal diets they are great for autoimmune disorders.

Thanks for all the info and transparency !

Great video Luke. Thanks for sharing the numbers. Wishing you a great journey ahead

CGT breakdown explained & the renno journey would be great 👍

Thanks for the info! All this fine detail is nice to know.

@lukewiles1

2 ай бұрын

Glad it was helpful!

I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Patricia Annie Brooks

@Brucelanham845

2 ай бұрын

Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.

@Rodriguezpaul-9

2 ай бұрын

You trade with Annie Brooks too? Wow that woman has been a blessing to me and my family.

@Nguyenvictory83

2 ай бұрын

YES!!! That's exactly her name (Annie Brooks) so many people have recommended highly about her and am just starting with her from Brisbane Australia🇦🇺

@Jessecote875

2 ай бұрын

I'm new at this, please how can I reach her?

@Charlottehornets4

2 ай бұрын

Her good reputation already speaks for her .I’m also one of the beneficiary of Annie Brooks. So happy I gave it a trial after being skeptic of the process.

Motivating cheers mate good video

Hey Luke, we love your videos and congrats on your sale. Would love it if in your triple gable Reno series you could include a new breakdown of your actual costs compared to your budgeted estimates from the video you did a year or so ago. Again love your content and very appreciative of you sharing your wisdom and experiences

@lukewiles1

2 ай бұрын

Great suggestion! Will do!! We've increased the scope, so would be worth comparing

Great video. Gives you the full picture. Thankyou

@lukewiles1

2 ай бұрын

thanks! glad you liked it

Great video!

@lukewiles1

2 ай бұрын

Thanks!

Put ur new face as the thumb nail brutha we all luv ya

@lukewiles1

2 ай бұрын

I'll get some new thumbnail pics done soon 📸 ❤️ 😍

@tylerdurden4129

Ай бұрын

My missus asked me what video I was watching a moment ago (one of your new ones) she went off to the TV room to go watch it and came back with a news story after googling your name! M8 ur a legend, thumbnail at your own pace, we wish you and your family all the best. ❤

@lukewiles1

Ай бұрын

New thumbnail pics have started 🔥

I bought a 3.5 bedroom house, 2 bathroom in Red Hill QLD for $398K 20 years ago. Now, worth $1.5M and rented for $740 per week. $100K mortgage ATM - so very positively geared. Therefore, about $1.1M gross profit. No capital gains tax, no major renovation expenses or time out of work required. Whilst property flipping may turn a quick profit, there's plenty of money to be made for investors who are lazy - just buy and hold "quality" assets. If you property flip, don't forget to factor in the stamp duty to buy, agent fees to sell, legal costs, tax on gain, reno costs, effort, negative gearing costs and stamp duty again to replace the sold property. Most people have decent jobs if they can borrow this much money and re-finance to take out more finance. Therefore, they'll be paying decent income tax and CGT might be 20% to 25% of the profit/gain. Deduct the stamp duty to buy, stamp duty to replace, cash flow losses, reno costs, time and effort, 2% selling agent fees for most people... the net profit after tax is about $150K.

Great timing Bro 🙏 & Great Work 🙏 This will be hard to repeat for anyone unless they time it so well just before an unexpected Boom. Btw, You look much younger without the Beard.

@lukewiles1

2 ай бұрын

100%. Don't expect people to replicate this post Covid BOOM. But sharing our journey 🙏 I agree lost 20years with no beard 😂🥲

Thanks Luke for the insight . The CGT calculations are giving me some concerns. Can you start from just the cash balance from settlement ? Dont you need start from sale price and deduct all cost related to the property only to calculate the profit . Can you include borrowings of other investment loans in this CGT ?

@lukewiles1

2 ай бұрын

The CGT calcs in this video, were just back of the envelope to give a rough number on our capital gains because the current debt level was close to the original purchase price + purchase costs. I'd need to do a whole seperate CGT video breaking down the original purchase price + acquistion costs and comparing to sale price less sale costs & factor in capital works claims.

@lukewiles1

2 ай бұрын

borrowings do not impact CGT. It's based on buy & sell prices + associated costs with each of these events

How much do you think the renovations affected your sale value? Do you think $50k reno added $50k+ value? Im looking to buy an interstate IP but would need to pay professionals to do.. unsure if worth buying a property requiring reno!

@lukewiles1

2 ай бұрын

We generally achieve a 2x uplift on our renos but do manage them and undertake a lot of leg work ourselves to save money and risk. Great way for us to fasttrack our portfolio

No sales commission? Was it a sale by owner? And did you not make tax deductions on that investment over the years, thus changing your cost base for CGT? Those were the two things I wanted to see, lol. Subscribed with notifications. Just foubd you today and have been binging. You're a great communicator and very charismatic.

Big gains! I wonder if this will be the top of the market?

@lukewiles1

2 ай бұрын

Top of the market is only ever temporary. Government needs to keep the people working

Great video mate and well done. Great result on the investment. However, your capital growth calculation needs to start from your purchase price + expenses. Not the loan balance at time of sale. Either way great result

@lukewiles1

2 ай бұрын

Thank you, we're stoked! You're right - I should have done the proper calculation rather than ballpark based on the loan balance.

@darcywolfe2524

2 ай бұрын

@@lukewiles1 for entertainment purposes it really doesn't matter but when it comes to paying the tax bill it will :)

Goodness, that yield is rotten! It would be difficult to hold many of these. How would a Macca's worker get to 14 properties by age 25 with these yields!

@lukewiles1

2 ай бұрын

Certainly a growth focussed property. The maccas employees will need to stick to low priced townhouses if they want to count up their properties haha

So you have to wait until your tax return before you receive your the money in your bank account?

@lukewiles1

2 ай бұрын

Nope. You get the money at settlement. The pay capital gains tax based on your tax return

Time to buy Lambo! 😂😅

@lukewiles1

2 ай бұрын

If my wife would let me... hahaha I'm more of a GT3 man myself

You got the CGT calculation wrong, the sale proceeds are not the profit

@lukewiles1

2 ай бұрын

that's right. I didn't go through the full 8 steps showing cost base & full CGT calculations. I just took sale proceeds to give an estimate of Capital gains. The gain would actually be reduced further by other costs to acquire, hold and dispose of the asset. Reducing our taxes.

@bingxu6712

2 ай бұрын

@@lukewiles1 No, the gain would actually be more, as you have refinanced twice, so would be 300k more

@lukewiles1

2 ай бұрын

No, Debt attached to the property is not used in the CGT calcs at all. "CGT is calculated from the price you purchased the property for and the price you sell the property"

🎉 Love the transparency! Congratulations on the sale! 😉

Great video! Just a question on CGT…. If someone earns say$100k then get $165k with a property sale… how do You find out how much tax I will pay inc of the 50% discount. ?? Cheers

@lukewiles1

2 ай бұрын

Straight from ATO's website: "Step 8: Report your net capital gain or loss in your income tax return. If you have a net capital gain you pay tax on the gain at your marginal income tax rate." So add only 50% of capital gain to your personal earnings and calculate at marginal tax rates :)

mate fantastic journey . thanks for sharing . so you bough $544 in 2020. Assuming you might off paid 20 or 30 % upfront to secured this property ? as you mentioned you drawn the equity 2 times , 60k and 250k within last 4 years which means your total loan must of $899k+ in 2024 with negative gearing ,I am bit confused !!! . As per your calculation you had net 38k after CGT. Any strategy to pay less CGT ?

@lukewiles1

2 ай бұрын

Looks like I need to share the detailed CGT calcs for this sale! You can't really reduce CGT as its' based on your cost base (purchase price, stamps etc) and your sale price, then applying 50%discount if held for more than 1yr.

Well done 👍

Love the video! Thank you!

You can’t take subsequent loan top ups as part of cost base for capital gain tax unless those top up used for renovations

@lukewiles1

2 ай бұрын

I just took net proceeds for an estimate of sale price less cost base but seems like lots of people would like to see the detailed calculations. "CGT is calculated from the price you purchased the property for and the price you sell the property. So, a capital gain or loss is the difference between what it's cost you to obtain and improve the property (Cost base). You'll need to work out the cost base of the property first to work out the capital gain when you sell. Once you've worked out the cost base and if you have a gain then you'll need to report and pay tax on that capital gain."

love your clips congratulations on your sale

Great work. I’m favored financially with Bitcoin ETFs approval, Thank you buddy. $12,000 monthly profit regardless of how bad it gets on the economy.

@fedrickmason6799

2 ай бұрын

Same here, I believe the Bitcoin ETFs approval will be life changing opportunity for us, with my current portfolio made from my investments with my personal financial advisor 1 totally agree with you

@Estela543

2 ай бұрын

YES!!! That's exactly her name ( Audrey lauren) so many people have recommended highly about her and am just starting with her 😊 from Brisbane Australia 🇦🇺

@RichardTheodore-nt3zc

2 ай бұрын

I’m a long term investor, I withdrew my profits of over $61,000 during the COVID 19 pandemic ….

@sarahwindson2264

2 ай бұрын

She is my family’ personal Broker and also a personal Broker to many families in the United States, she is a licensed broker and a FINRA AGENT in the United States…

@michaelknox9234

2 ай бұрын

A lot of people still make massive profit from the crypto market, all you really need is a relevant information and some < professional advice. ‹ it's totally inappropriate for investors to hang on while suffering from dip during significant