If I do option 1 - Equity release (deposit towards IP3) will be secured against property 1 - Bank 1 - Equity release (deposit towards IP3) will...
all good feedback guys thanks side Q - if for some reason, I don't end up using my current IO equity splits from my 2 properties --> at the end...
Hi guys, Currently got 2 properties and some existing equity - looking to buy another investment property --> my structure ideas are below: 1....
Overlooked that point thanks Lindsay - if I were to put the 10k redraw funds back into offset - is there a way to preserve the tax deductibility...
i was planning on using the redraw for personal use with no consequence - i just thought that since loan is fully offset - i'm not paying any...
but my offset account is fully offsetting the loan balance atm (both 30k) so the redraw isn't technically saving me any interest? please explain
was planning to put it into high interest saver so I'm actually getting interest on it - good idea? since it's not doing anything in redraw (as my...
Hey guys, Got a P+I loan split (30k) owing with a redraw amount of 10k and attached offset account (30k) so paying no interest currently If I...
in my mind, having the offset account on ABC debt allows me to maximise paying it down when it is non tax deductible and then being able to...
Hey guys, Wanted to get your thoughts on whether I am optimising the tax aspects of my situation: - Currently living at home with parents - Got...
noted thanks Scott
really clear thoughts thanks! if i move back in, is there a minimum time period I need to move in to allow the 6 yr reset?
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