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shags_j

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Everything posted by shags_j

  1. shags_j
    Very nice.
  2. shags_j
    Hey that's good news. So not all hope is lost ;) I've started putting together options. Lets see if the better half is ok with at least one of them.
  3. shags_j
    So angry I can't speak. Unfortunately we can't just let comments like these go. It's the same reason that people sue for defamation. If they make these comments uncontested then it will be accepted by those who do not know anything about the subject. When I was obtaining my PPL I didn't even know about RAAus. It wasn't until I quit the school I was at and was looking for another that I stumbled across RAAus. If I had read this article before doing RA training I probably would have not started. For the record, the three close call incidents I have been in have all been due to GA Aircraft, one of which was a meatbomber (so I assume cpl? not sure if that is requried). In each incident when I reviewed after and discussed with other pilots they agreed that I was in the clear. Ian: Do we know if the RA committee can or will make comment on this?
  4. shags_j
    You're dead right nong. My only issue is that I recently became married and want to start a family so the decision isn't solely mine. I was just really looking for the alternatives so I can put together potential career plans to present to my wife. If it was just me, I would be at uni in a heartbeat. I would have had my CPL years ago. I know I always paid out on my friends who used to give up what they wanted to do when they were married but now I kind of see why that happens.
  5. shags_j
    Henry review released today. Good reading if you have insomnia. I'm only about half way through it.
  6. shags_j
    I can't do another degree. Those days are well and truly past me. I think I may have found someone to help me with the cash as I go along (so I don't need to pay all the interest from the start). Will let you all know what I decide to go with. Cheers, Shags
  7. shags_j
    ok. Thanks Mazda. Better start looking for a school then. Thanks everyone for your help, lots of food for thought. Lets hope I don't need the advice and KRudd pays my way ;)
  8. shags_j
    Just had a quick looksie and you appear to be correct. Unless you find a very accomodating cpl training institution it is hard to do the 150 after starting. Looks like the 200 for me. Yay.
  9. shags_j
    Thanks Mazda. I will do.
  10. shags_j
    Doing that at the moment escadrille. I am just going back to do high school maths which i should have finished in a month. I wanted to have my options sorted for if i didn't get in (which i see as likely due to my age) so I can start immediately.
  11. shags_j
    So should I look at that pre ppl or post ppl?
  12. shags_j
    Hi Bass, Good points all but is only relevant after it is established that a business is being run. So therefore the checks are: 1. Is this a business or a hobby? 2. Can the losses be offset against other income (4 tests) 3. Identify private use portion of expenses.
  13. shags_j
    Thanks Foto. All makes sense. Cheers, Shags
  14. shags_j
    Yeah definitely let us know how you go.
  15. shags_j
    Mazda: I haven't done a huge amount yet. Probably 25pic. I wanted to check all my options before I just jumped into doing my ppl's to see if I should look at CPL at the same time. I think I will look into how to do this after the PPL is complete. then I will look into the 150hr CPL.
  16. shags_j
    EDIT: Helps if I read other peoples posts. The link DJPacro sent is really just a summary of the below. ... Just quickly - This is not advice and you should seek further professional advice from your authorised tax agent ( ) K with that aside. I assume you are looking to do this to realise a tax loss to offset against your other income. I see two issues with this (which I haven't researched or looked into, this is remembering back to uni and a couple of seminars i have been to since) 1. To prove that this is not a hobby and is a valid business (or psi or whatever) you would need to prove it as such (ie. frequency, nature etc). see here: Am I in business? 2. From memory you would not be able to offset against other income without passing certain tests (maybe you would pass the $100k asset test if it is an expensive aircraft but probably not the rest of the tests). Only once those tests are passed can you offset against income. Anyways, I am a superannuation accountant so see a tax accountant for more specific advice (I guess that really just made this whole explanation a waste of time). See here: Non-commercial losses: overview - fact sheet Cheers, Shags
  17. shags_j
    Thanks foto :) Mazda. Not a bad suggestion. Just take it slowly. I thought about it all last night and decided on the following: Get my PPL by July is possible. Once that is acheived, beg borrow or steal aircraft hours wherever possible (maybe air cadets, i knew someone once that use to fly the cadets out to amberley in their tomohawks for flying training). Do any required courses or theory as I go. Just can't afford an aircraft to learn in yet but will keep an eye out for any other people wanting to get CPL in the area and perhaps discuss buying an aircraft.
  18. shags_j
    You're a funny funny man. EDIT: Sprite. That was the plan anyway. Would save heaps of cash definitely.
  19. shags_j
    Thanks tommo. I think I could work it out entering the circuit from elsewhere but was just wondering the theory behind the opposing ruwnays for arrival and departure. Just seemed a little strange but i think you are right. It makes sense.
  20. shags_j
    Hmmmm. Don't think accountants make as much as you think. My father made a huge amount out of it but spent most of his twenties working 12 hour days to start his business.
  21. shags_j
    Thanks bass. Some good points there. Unfortunately I don't own my own firm (didn't really want to get my cpa. Probably should though). But yeah a few good points there.
  22. shags_j
    HI All, Will be starting my cross country soon and started looking at ERSA's. I know my instructor will help me with all this in due course but in the meantime: I'm looking at Caloundra (local to my aerodrome and in the 25nm so i could land there now). The ersa says preferred runways for both departure and arrivals. The first preferred runway however is different for each (05 for arrivals and 23 for departures). Am i missing something here? It is late in the day but does this mean that the preferred runways have aircraft wanting to take off and arrive into each other (barring other factors per the ersa). I know in reality You wouldn't take off on 23 when someone is landing on 05 just because the ersa says so but i really do think I am missing something here. FAC_YCDR_11-Mar-2010.pdf FAC_YCDR_11-Mar-2010.pdf FAC_YCDR_11-Mar-2010.pdf
  23. shags_j
    Meh it's all too depressing. Maybe I go back to 9-5 and enjoy my weekends. Always hard coming back to work after a holiday ;)
  24. shags_j
    Five bucks says you are learning at sunland. The cfi there used to be a raaf and that's why (well that's what they say anyway) they fly oval circuits. The oval circuit isn't that hard. It's actually a little easier to space yourself i guess as you don't need to estimate the crosswind leg much. If it is Sunland, fly the 172 and not the Cherokee (constantly broke down on me which cost me more hours in converting to the 172). The 172 is actually a nicer aircraft to fly. I prefer low wing to high wings but haven't flown one for so long that I would probably feel the opposite now. Either way you will enjoy it. So long as where flying it doesn't matter where or in what, so long as it's safe. Just have fun.
  25. shags_j
    See i have no intention of making huge amounts of money. I'm not going to work for the airlines (boring) but want to just fly choppers around doing something. Figured something along the lines of getting CPL then mustering or instructing for a year then go from there. Was just really wondering how other people went about it. I am finishing my xcountry endo soon then will do my PPL (hopefully by July). Wanted to have it sorted by then and worked out. Like I said though, just couldn't get the numbers to work.
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