Thank you all. #2 makes sense. I was suspecting this. #3 - I would think there was a tax benefit, but until I get more income evidence, it...
I have 2 investment properties: Loans Total: $1m Property Value Total: $3m They are positive geared. I left my corporate job in May 2021 to...
Hi there, I have 2 investment properties in the Northern Beaches, NSW - both held in my name. Eventually I hope to buy another as an...
Yes, I wanted to improve my cashflow. I'm ahead of my loans so I wanted to re-calc and get a better rate. Then the broker suggested...
What was the outcome?
Thank you both. It was suggested to me by a broker friend. Is it illegal or can it get me in terrible with the ATO?
What are the risks, if any, of misclassifying my investment property loan as a ppor home loan?
Thanks @Brady . Would this put you off though?
Does this info help? Both units are worth about $1m each. Loans on each are $500k each. I am a top tax bracket earner who can service both...
Dear Property Gurus, I have 2 investment properties (units) and I am about to look at my refinancing options. This is because I want to improve...
Apologies as I am learning. What is LIC?
Thank you for sharing. Are new builds generally less maintenance? I've got it in my mind that I'd seek to buy a house within 10km of the...
Thank you Leo and Colin. It is good to see I have a clear answer on this one.
I'm an amateaur. No idea about the CGT. Anyone else know? Yes, I like your thinking about Brisbane/Melbourne and Subdivision. Thank you.
Thank you.
Dear Property Gurus, We are a young(ish) couple who want to invest further in property for long-term wealth. I asked our mortgage broker how...
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