Recent content by StormyMoonlit

  1. S

    How do I report CFD trades to the ATO as a trader vs investor?

    Yes, quick flipping in Australia can be taxed harder than people expect. Here's the key thing: It's not just about capital gains. With frequent trading, the ATO can treat you as running a business of trading, ot investing. That means: 1. You might lose the CGT discount. Normally, holding for...
  2. S

    Should I take out a loan to consolidate $35K in credit card debt?

    I understand where you're coming from. Filing for bankruptcy and starting over is a big step, but there are resources available to help during these times.
  3. S

    What's the best way to use 10k settlement to tackle our 22k debt?

    The order in which you pay them off is actually the least important part. The key is to keep making those payments consistently. Paying the highest interest debts first will save you money overall and help you pay off the debt faster. If knocking off a,few debts quickly is the only way you can...
  4. S

    What if Midland Credit can't serve me but filed a lawsuit?

    I'm dealing with a situation where Midland Credit Management is suing me for $2,157 in Texas. Someone tried to serve me papers, but I wasn't home either time. My brother said they wouldn't let him sign for it. I got an ad from a lawyer with a case number, so I contacted the court. The person I...
Back
Top