Thank you both for your responses. I think the best way to approach it is to purchase shares first without having any money in the CDIA. Then,...
Hi, I am after some clarification about what I need to do to ensure that my investment debt interest is deductible. Here is the hypothetical: -...
Yes, that's what I'm thinking... Okay if I pm you at some point re: becoming a client and getting some help setting this up?
Not necessarily. Just thought it would be more tax effective so that more money could be directed towards paying down the non-deductible debt. Is...
Oh okay. I didn't realise that. In any case, the rates for I/O for owner occupied are still 5.05%. I think I can find lower than that if I have a...
They just have the lowest rate on a line of credit that I have come across so far. I looked at AMP for the master limit facility but rates on the...
I also have accounts with CBA for a little bit of rainy day money and my everyday banking. I would try to put most of my money straight off the...
Thank you for your input. Terry, why would an offset be necessary? Just in case I wanted to rent out the PPOR? PaulF - Yes, I have run the...
Hi all, After some feedback on my strategy. Particularly from those who have done something similar. Here are the details: Current PPOR loan:...
Thanks Rolf. I have heard that AMP is good for this type of structure?
Thanks for the response. Where the interest payments come from and go to was a question that I had actually. Do the loans have to be set up as...
Hi all, I am 29 and currently constructing a new home. Once it is finished, I estimate that it will be in the $750-$800k ballpark. Mortgage is...
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