Is interest paid deductible borrowings for Investment Property purchase: Stamp Duty ? Buyers Agent Cost? Legals?
what if the "Principle" amount in the PI isn't used to reduce non deductible debt (ie PPOR payments). The money saved or used a disposable income....
Agreed - I think this strategy has legs... its not to reduce tax or increase deductible expenses - purely for the taxpayer to reduce interest cost...
Based on todays rate - would this work? If there is commercial benefit for the customers, then the ATO may see this more positively... if it is...
How? Interesting! Can you share what rate you'd expect to see from these guys? Say 1m home loan + 1m investment loan, both @ 80% LVR.
anyone using these loan reducer home loans on here currently?
Thanks Terry - so Individual should lend money to the Trust's bank account. Then the Trust pay the 10%/20% deposit to purchase the property. In...
Is this NOT APPLICABLE if purchasing a property for via a trust - and the cash is coming for the individual?
I hear this quite a bit. Is this total cost including or excluding interest?
In other words - 20% profit before tax on total costs (excluding interest)?
What advise do you suggest for taking on a development? ie. At what level of profitability (and how to calculate the profit).
@docplus - thanks for the suggestion. Re architect, I mainly called around to several architects that has many jobs in the council area and with...
Hi Jeremy, Thanks for the info... will look into this.
Hi Jeremy, Thanks for the detailed response! So for the "Brief" or "Outline Proposal" stage, whom should I contact? Builder, Q. Surveyor,...
Hi Scott, Thanks for your input. I have a rough schematic drawing from an architect. It shows one option only. I want to toss up this drawing with...
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