Recent Content by NewGuyACT

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  1. NewGuyACT
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    Starting the journey

    Max super each. Leverage PPOR for deposit. Allows you to buy earlier and better tax. Look at other structures, such as trusts and investing in...
    Post by: NewGuyACT, 14th Jul, 2020 in forum: Investment Strategy
  2. NewGuyACT
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    Feel like my tenants are exploiting me?

    If it's intermittent get the tenant to take a video or photo. If it's overheating it's likely throwing an error somewhere too. The manual might be...
    Post by: NewGuyACT, 14th Jul, 2020 in forum: Property Management
  3. NewGuyACT
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    How to get a reduction in Loan Interest Rates?

    It's 3.6% in the OP. Step 1. Get a broker. If you don't want that, make sure when you call the bank you get put through to retentions, not...
    Post by: NewGuyACT, 3rd Jul, 2020 in forum: Investment Strategy
  4. NewGuyACT
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    Rent Guarantee

    Show your wife this thread, that should end the conversation. Literally no one is saying it's a good idea :D If she still thinks it's a good...
    Post by: NewGuyACT, 3rd Jul, 2020 in forum: Investment Strategy
  5. NewGuyACT
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    Rent Guarantee

    Sounds like he's got it all figured out. Not sure what the problem is :cool: It's a bad idea. If it works out at all, it'll be by good luck...
    Post by: NewGuyACT, 1st Jul, 2020 in forum: Investment Strategy
  6. NewGuyACT
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    Rentvesting Strategy

    If this is the path you're considering then I'd at least do the numbers on buying outside of Sydney, wearing the higher stamp duty etc, and just...
    Post by: NewGuyACT, 29th Jun, 2020 in forum: Investment Strategy
  7. NewGuyACT
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    Alternative tax break. Novated car leasing?

    Yea, I usually don't mention I'm leasing at all... unless I'm leasing through the dealer which I've never done. The few times I've mentioned...
    Post by: NewGuyACT, 27th Sep, 2019 in forum: Accounting & Tax
  8. NewGuyACT
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    Using PPOR redraw or offset to buy investment property

    Chat with a broker / accountant, but there is generally heaps of advice about this on here. Couple of things - you probably don't want to...
    Post by: NewGuyACT, 27th Sep, 2019 in forum: Accounting & Tax
  9. NewGuyACT
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    Alternative tax break. Novated car leasing?

    I've leased a bunch of cars... but a few comments noting that I like nice cars so I'm knowingly going into the decision with that info. - check...
    Post by: NewGuyACT, 22nd Sep, 2019 in forum: Accounting & Tax
  10. NewGuyACT
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    Incorporating a Trust into a Strategy Recycling Debt

    Ok... so in the scenario presented in the original post, Lisa and Millhouse set up a discretionary trust to invest and are both beneficiaries -...
    Post by: NewGuyACT, 20th Sep, 2019 in forum: Accounting & Tax
  11. NewGuyACT
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    Incorporating a Trust into a Strategy Recycling Debt

    Thanks Terry & Paul, I have a meeting with a solicitor in a couple of weeks, but what I'm picking up is: - Try and get the split loan dispersed...
    Post by: NewGuyACT, 20th Sep, 2019 in forum: Accounting & Tax
  12. NewGuyACT
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    Incorporating a Trust into a Strategy Recycling Debt

    Hi Terry, I have had financial advice suggesting a similar approach - legal and accounting appointments to come. But before I meet with them I am...
    Post by: NewGuyACT, 19th Sep, 2019 in forum: Accounting & Tax
  13. NewGuyACT
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    What do you think of my debt situation

    In case you're still thinking about the depreciation schedule - get one. In regards to your question it would be above my risk threshold but i a...
    Post by: NewGuyACT, 18th Oct, 2016 in forum: Loans & Mortgage Brokers
  14. NewGuyACT
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    QLD rights for a seller to break contract of sale

    Hi all, A hypothetical question. Once a contact is signed and before or goes unconditional, can it be broken by the seller? If so, under what...
    Thread by: NewGuyACT, 7th Oct, 2016, 5 replies, in forum: Legal Issues