Hi all, Looking for recommendation for a conveyancer in Sydney. Haven't transacted in a few years and not sure what the going rate is now. What...
Might be too late for this, I've already started using the 50k for some non income generating shares. So I was only wondering if the portion used...
Ahh ok, so in that case. It might be easier to just write off that 50k and claim no deductibility at all? But continue to claim 500/550k portion...
The original loan amount was 500k, refinanced to 550k. 50k sitting in savings account. Apportioning the interest at the moment 500/550k. The 50k...
I recently refinanced IP1 and had 50k equity released from IP1 which was stored in a newly created savings account, since the new loan does not...
Unfortunately, all the loan docs are signed, so I will have to proceed with the no splits. Will splitting after settlement make any differences to...
Thanks, had a quick look on that thread. So the loan is a Basic home loan, no offset but has redraw. Should I send the surplus that the deposit...
I've created an additional transaction account with $0.00 in it. The surplus funds will go into here, will that be an issue with cost base expense?
They advised I can split them after settlement, but insist that one has to be fixed. Is this a St George thing?
Thanks Paul, my main concern is as long as the original 500k loan is deductible, I am ok with that. Say to keep it slightly more simpler and I...
Do they get the same variable rate? I think that was one thing he mentioned that it would be different rates.
Also note that the Transaction account (Complete Freedom) is an existing account that I already have which is used to deposit monthly repayment...
Hi there, I am currently in the process of refinancing one of my IP and extracting equity. I specifically requested to have the loans split with...
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