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grobyfox1990

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Everything posted by grobyfox1990

  1. The hind or kings head? Imo both decent
  2. Yes haha defo crossed wires. Point 1 was if Rocky sold his investment houses at fair value it would be good for others as they would be able to buy his houses. Point 2 was if he held them at fair value before selling them, he’d have a load of tax advantage in the years before actually selling them.
  3. You have literally typed the opposite definition of efficient markets lol. With all available information assets trade at their fair value. Words like ‘enforce’ once again are contradicting what an efficient market is. Once again, you are talking about income taxes. No one is selling anything. It’s not a ‘scheme’ to use held for trading asset writedowns in various structures to reduce your tax liability.
  4. Efficient markets don’t need govt control or voluntary schemes, fama is turning in his grave!!! You are talking about income taxes again. There are plenty of offsets which can be used to create a tax loss in a structure to carry forward
  5. Ah haha, that's why, I cannot see a lot of usernames on this site, wondered why you were talking about Rocky. Understand you are talking about specific cases, but existentially, if you base a market on FV rather than MV, it will help most people. Yes there will always be people that it does not help or do not want to own homes, that is flawed logic which means no argument will ever be won, go with the majority. You are talking about income tax which is not relevant here. If you own 10+ investment properties you will have them wrapped up in a structure in which case minimising CT, or even better getting a loss to carry forward, is vital.
  6. No idea who Sly is, Rocky!? But it would give this dude and others an advantage. Housing is a market, just like bonds, oil, sugar, wheat, corn you name it which price fluctuates daily. If Rocky and all the other NIMBY moaners thought about other kids, rather than just their own kids, and sold their houses at fair value rather than market value, the ten families would buy their properties rather than go on a council house waiting list. He'd make a few quid out of it, have enough to pass onto Rocky Jr's and reduce his tax bill. You are confusing fair value with market value.
  7. The private sector is defo flawed, but there are safeguards. Compensation clawbacks, elimination of pension provisions, forced periods of equity hold. For an LLP, a partner will lose their house and everything they own if there is a scandal or things go against the plan. You are tied to the fortunes of the company. Whereas in the public sector. You get sacked with a payoff, gold plated pension and get a higher paid job privately. Cameron failed massively, took us out of the EU on a lie and it's positively impacted his career!!
  8. Sorry to hear that, It's not nice to see a family member go through that, hope he is OK most importantly. It's another case study to show how those preying Uni's should be at the mercy of huge class action mis-selling lawsuits. Your brother clearly wasn't in a position to be making these decisions in late teens/early 20s and should have had independent professional advice
  9. You wanna drive a football bus through Surrey Docks after what happened at the 2017 cup game? Perfectly sensible decision IMO. The drivers are people too.
  10. Exactly, why is every public service around the world (maybe apart from Scandinavia and Singapore, other suggestions welcome) so reactive. It's a horrendous use and waste of taxpayer resource. More homeless people = lets make more homeless shelters. More sick people = lets put more money into the nhs. More potholes = lets hire more pothole repair people. So dumb, be proactive.
  11. Good luck mate! Don’t take anything the moron property managers say as gospel, you know your rights so don’t be afraid
  12. Lol I don’t think millwall have done general sale for their own fans home or away since 2002. There is no chance in hell millwall or the met would allow lcfc a general sale for this. Heard a funny story from a millwall colleague whereby an opponent in league 1 did GS for millwall away, 50 odd ‘proper wall’ got tickets in the end and caused chaos
  13. Yep and that’s an existential point tbf. Should our pensions be directly invested in British infrastructure and assets, rather than via foreign corp who we pay a fee to, to own it all? Before anyone says ‘the private sector do it better tho’ pls look at Thames water. Our pensions should be funding HS2, railways, utilities, infrastructure projects, risky British start ups that could become unicorns, you name it. They’re our assets, we should own and profit from them
  14. On the portfolio point, I think ‘mom and pop’ landlords are a million times better than funds/companies/asset class holders owning property. Would rather a retail investor with 15 properties than bnp Paribas with a portfolio of 10,000 as a landlord Unfortunately this is the uk where we have no morals, sense of community and people are numbers on a balance sheet rather than actual people.
  15. Good times! I have two colleagues in our Danish office who are home and away Brondby, fans itching for a business case to get out there and stay the weekend for a match. The beer was so good.
  16. Yep, social housing is a brilliant asset class. Blackstone are another big player.
  17. Yeh man, I wouldn’t feel confident approaching anyone who’s off their trolley on who knows what. Often give food to homeless sober people, pre covid got to know emma outside my office quite well who I gave our leftover food too. Said she could make £600 a day which I don’t believe for a second, surely BS?!!? What is the advice when you see someone bopped out, call emergency services?
  18. That's a great shout. In the 3rd round you have to draw someone from a different league. Would be easily doable and could revive some interest in the cup
  19. Will depend on the police I guess, Last time we were there in the FA cup it was top and bottom tiers.
  20. Exactly, everyone wanted to be at Randers and was knowledgeable about the team and club. That coupled with the excellent beer and welcome from the Danes. As if opening up to general sale and those who wear tracksuits 90% of the time for aways will improve the atmosphere. You'll have loads of day trippers and birthday parties.
  21. Yeh defo double check and get clear on your rights, don’t be scared of property managers, jumped up thugs! If you can get the landlords details send them copies of everything as well, hopefully detailing the managers incompetence, anyway good luck!
  22. Yeh that’s what I mean, with some schemes you can go directly to the deposit holder in a dispute, instead of via the agent, TDS do I think. Property managers are the thickest, most useless, underhand criminals you can ever come across, don’t believe anything they say as a tenant or landlord. Not to teach granny to suck eggs but always good to do your own date stamped ‘inventory’ when you get in
  23. Man city are so so well coached. Hopefully we’ll be like this in a few years!!
  24. That is BS…sorry to hear that. Did you query with the property manager or directly with the adjudicator? Property managers are terrible people who don’t care about the tenant or landlord, don’t let them push you around as tenant rights in a dispute are clear
  25. Like what? Wear and tear will be a part of your AST surely?
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