He was a full-time mortgage-broker and poker was a pursuit. He was doing about four or five hours a week, just like we would play tennis or watch TV.
More Quotes from Peter Donovan:
Lenders don't like people taking out unsecured loans for their deposit. A substantial loan brings down the amount of mortgage you can afford to borrow, and if you try to get an unsecured loan without telling the mortgage lender, you are deliberately misleading your lender.Peter Donovan
I'm actually not worried about it, although I'm a little worried about the perception of it.
Peter Donovan
As a result of this finding, the poker winnings were classified as income derived from a hobby, and thus not subject to Australian tax. The distinction between the conduct of a business and the mere pursuit of a hobby is often a difficult distinction to draw. However, the fact that you excel at a particular hobby should not be fatal for tax purposes.
Peter Donovan
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Based on Topics: Poker Playing QuotesBased on Keywords: mortgage-broker
When the power of love overcomes the love of power the world will know peace.
Jimi Hendrix
I shall now proceed to my own experience, which hath truly convinced me, the Lord is awakened as one out of sleep; and the voice of the Lord will shake terribly the earth.
Joanna Southcott
Some of us just have to work harder to stay in the game.
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