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lidistick

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Everything posted by lidistick

  1. Found this out not too long ago while fiddling around trying to fit the M-sport steering wheel to my car. 1) Disconnect battery 2) turn the car on 3) reconnect battery Drive the car the way you drive it. Basically you wipe out the previous learnt settings of the autobox. Car just snaps moving forward. No downside yet aside from reprogramming the stereo. May work with other cars...... especially 2nd hand cars driven by old people Cheers.
  2. Sorry, yes you are right but let me qualify my statement When I said ,"when your house becomes a rental" I implied (or forgot to) that it should be sold to a loss-attributing qualifying company (LAQC) as that is the only way to claim back the interest, expenses and depreciation on chattels. Going via the trust method is useful to tax credits further down the road for the trust but the tax credits cannot be distributed to the beneficiaries of the trust. So if you want to rent our your current house, form an LAQC, borrow money to buy the house from yourself to the company, rent it out and claim all the losses as tax deductible. Cheers.
  3. Nope. If your home becomes a rental, it becomes income generating and its losses are tax deductible. That includes interest on the mortgage and all the accounting fees. Just remember tho, Tax deductible means you get a discount on the expenses at the rate of your tax. Ie; 33% for most people and 39% for some. It still means you have to cough up the remainder. No free lunch there Cheers.
  4. Ideally, you should have more than 10% of the purchase price saved for a deposit and then you can avoid paying the low-equity premium. Try a few mortgage brokers and see if you can get a good deal first and then go to the banks directly and see if you can negotiate better rates. The market has cooled somewhat so you may be able to get a better 'deal' from the vendor but if you offer too low, you may not get a counter-offer. Know the area well, get a good lawyer and a proper building report. Spend the money on a LIM report. Do not use the agent's lawyer (it will bite you later) and check for caveats on the property (cross-lease, building restrictions etc). Also be prepared to shell out some money to kit out the place (furniture etc) and save some money for unforseen maintenance issues. Our main water pipe burst under the concrete driveway about 3 months after moving in. Cost us about $1500 to dig up the concrete, fix the pipe and re-concrete the damn thing back! good luck and enjoy the process. Cheers.
  5. lidistick

    Bush help

    Finally got the sway bars done. Had to swap the front bar as it was for a compact and it didn't fit so managed to get a 27mm front sway bar. Bushes were sourced from P&H suspension city in Hamilton. Probably the biggest handling mod I've ever done to the car. Better than the springs and shocks and wheel/tires. Less lean in front and I can get on the throttle earlier. I recommend doing the sways first before upgrading the springs/shock if you are not running Motorsport sways for an E36. Definitely best bang for buck. Sways were $200incl from Mosen and bushes were $93. Labour was about $130 or so and worth every penny.
  6. lidistick

    My 5 Speed 328i

    Very nice. Any other mods in the future?
  7. http://www.autospeed.com/cms/article.html?&A=0206 A little outdated but still good background reading. http://www.autospeed.com/cms/article.html?...+Cylinder+Guide And the amazing sixes from BMW
  8. Love the sound of straight cut gears. That yellow car must have been bloody fast to overtake him on the straight!
  9. Best lap so far is 2:22. Awesome
  10. Horny. DAMN Horny. Time to sell the house
  11. Yep. Got them off Yuen. Mirrors, front lip, rear diffuser and clear lights. Need some tints and I should be done.
  12. Very nice. What's the difference between this and a 530i in terms of grunt? I'm considering one of these as a family wagon.
  13. Nearly done then. Centre caps, clears done. Needs tints and then time to start the engine mods
  14. should be the same. 1.5" drop front 1.0" drop rear
  15. Reminds me of the time I got mine done. Why are the springs blue? Mine were purple/pink. Check the fitment of the spring to shock (especially the front) as my springs were not trapped and I had to shorten the shock. Rides very nicely. Edit: Found thread here http://www.bimmersport.co.nz/forums/index....5&hl=shocks
  16. I use 18' wheels with 225/40/18. IMO I think thats ok but possibly too much grip for the car (auto). Should be ok for a manual. Cheers.
  17. Look at the torque figures and look at where it makes peak torque. That's your clue
  18. Looks better than the M5 touring
  19. Great to watch the masters of rallying live.
  20. lidistick

    Bush help

    Will the bushes fit the OEM clip? We had a lot of issues fitting the nolathane bushes to the OEM clip. If it fits, yep, I'll have them I think the fronts are about $60 and the rears are abotu $40. $80 for both? Cheers.
  21. lidistick

    Bush help

    E36 328i sedan. Same as yours
  22. lidistick

    Bush help

    NO not that bush! Got a set of M-sport sway bars (26mm F/ 18mm R) for the car. We tried Nolathane(red ones) bushes but the fitment is not right and the metal clip is of a different design. I can go OEM BMW but would like stiffer bushes. Any ideas? OEM BMW is a 10day wait while they fly it out of Germany. Would like to attack the road to Kawhia this weekend Cheers.
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