Recent Content by jay.

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  1. jay.
    Post

    Tax Tip 4: Borrowing to Pay investment expenses

    Can you recommend any tax advisers in Canberra?
    Post by: jay., 24th Sep, 2021 in forum: Accounting & Tax
  2. jay.
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    Section 56H (1): Tax Administration Act 1999

    Yes, but I need to get 'consent' from the ACT Revenue Office first. There's a government form to submit.
    Post by: jay., 15th Sep, 2021 in forum: Legal Issues
  3. jay.
    Post

    Section 56H (1): Tax Administration Act 1999

    Mystery solved. The charge refers to deferred stamp duty.
    Post by: jay., 15th Sep, 2021 in forum: Legal Issues
  4. jay.
    Post

    Tax Tip 4: Borrowing to Pay investment expenses

    What does it depend on? I have 1 PPOR and will be buying and moving into another next year, after which the former will become an IP.
    Post by: jay., 15th Sep, 2021 in forum: Accounting & Tax
  5. jay.
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    Section 56H (1): Tax Administration Act 1999

    I thought land tax doesn't apply to PPORs.
    Post by: jay., 14th Sep, 2021 in forum: Legal Issues
  6. jay.
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    Tax Tip 4: Borrowing to Pay investment expenses

    If i redraw on my PPOR loan to pay council rates then later convert into IP, is the interest deductible?
    Post by: jay., 14th Sep, 2021 in forum: Accounting & Tax
  7. jay.
    Thread

    Section 56H (1): Tax Administration Act 1999

    I'm in the process of refinancing the mortgage against my OO apartment in Canberra and the title search result showed the following line:...
    Thread by: jay., 14th Sep, 2021, 8 replies, in forum: Legal Issues
  8. jay.
    Thread

    Real Property Advice

    Has anyone dealt with Scott Nortcott (Scotty North) from Real Property Advice?
    Thread by: jay., 29th Aug, 2021, 0 replies, in forum: Property Experts
  9. jay.
    Post

    RP Data Group - Full National Access

    I'm interested, could you PM me details?
    Post by: jay., 6th Dec, 2017 in forum: Property Information Resources & Tools
  10. jay.
    Post

    Tax Tip 137: Claiming Stamp Duty on Properties located in the ACT (Part 2)

    But can I add the non-deductible portion of the stamp duty to the cost base?
    Post by: jay., 8th May, 2017 in forum: Accounting & Tax
  11. jay.
    Post

    Tax Tip 137: Claiming Stamp Duty on Properties located in the ACT (Part 2)

    If I claim stamp duty on an IP does that mean I can't add it to the property's cost base?
    Post by: jay., 8th May, 2017 in forum: Accounting & Tax
  12. jay.
    Post

    Tax Tip 89: Borrowing and onlending Interest Free to a Discretionary Trust

    Thanks Terry, this makes sense now. Now let's add franking credits to the equation. Bob Discretionary Trust has $800 expenses against two equal...
    Post by: jay., 25th Nov, 2016 in forum: Accounting & Tax
  13. jay.
    Post

    First home buyers in Canberra - using deferred stamp duty to get ahead

    So... what's the rate?
    Post by: jay., 23rd Nov, 2016 in forum: Loans & Mortgage Brokers