Morgs's Recent Activity

Morgs posted a new thread.

F25/stage 3 tax cuts - servicing update

Hi Team, Looks like lenders have started to update their servicing calculators with the F25 tax rates/stage 3 tax cuts. A few examples...

Forum: Loans & Mortgage Brokers

Morgs replied to the thread Benefits of multiple offset accounts.

Only thing to add is that some lenders will allow an offset account in an individual name for a loan that is in both names, where others...

Morgs replied to the thread First IP what's next?.

Are you clear on the numbers for the next purchase? Do you have a target purchase price? Do you know what borrowing capacity and deposit...

Morgs replied to the thread Long Term Property Owner Capitol Gains Tax.

@Paul@PAS is located in Sydney, a forum sponsor and also my own personal accountant that I have used for many years

Morgs replied to the thread Use equity, or sell & purchase in new location?.

Have you thought what the future looks like in respect to your financial goals and what you want to retire with? What are the growth...

Morgs replied to the thread DTI cap?.

DTI isn't usually a restriction anymore... you run out of borrowing capacity before you hit any DTI limits... Rental income depends on...

Morgs liked Terry_w's post in the thread Equity release from PPOR to invest in IP.

You would borrow $80k against the main residence and $320k against the property to get a $400k loan to buy a $400k property. No second...

Morgs liked Terry_w's post in the thread Avoid LMI or Pay 20%.

start at the basics

Morgs replied to the thread Offset Account Strategies.

Multiple offset accounts is often a good way to go if you take a structured approach to managing your money. The most simple version...

Morgs replied to the thread Avoid LMI or Pay 20%.

Are you going to run out of borrowing capacity or deposit first? Are you sure the rate will be worse with LMI?

Morgs liked paulF's post in the thread Cars & Motorbikes Let's talk cars... 2024.

Two years in the making but it finally happened. She's back on the road. Feels great for a 42 years old beast! So different to the...