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  1. James_isconfused
    Post

    Refinancing splits affecting deductibility

    The broker? Not as far as I’m aware. And when I say Jason’s advice I mean his suggestion above, poor word choice.
    Post by: James_isconfused, 5th Mar, 2020 in forum: Accounting & Tax
  2. James_isconfused
    Post

    Refinancing splits affecting deductibility

    Hi @Terry_w and @JasonC, So after going to a broker and being assured multiple times that a different loan product could have the surplus funds...
    Post by: James_isconfused, 4th Mar, 2020 in forum: Accounting & Tax
  3. James_isconfused
    Post

    Refinancing splits affecting deductibility

    Thanks everybody. @JasonC that sounds like a solid plan, I do have a $4000 split that was for a share purchase so I will lose the deductibility...
    Post by: James_isconfused, 11th Feb, 2020 in forum: Accounting & Tax
  4. James_isconfused
    Thread

    Refinancing splits affecting deductibility

    Hi all, Thanks in advance for any ideas from those who’ve been there done that: If I was to hypothetically refinance a loan with 2 splits: Old...
    Thread by: James_isconfused, 10th Feb, 2020, 8 replies, in forum: Accounting & Tax
  5. James_isconfused
    Post

    Calculating mixed loan when converting from PPOR to IP

    Ok thanks will do. Yes it could have been, but you don't know what you don't know. I was purchasing my first house and got advice left right and...
    Post by: James_isconfused, 29th Nov, 2017 in forum: Accounting & Tax
  6. James_isconfused
    Post

    Calculating mixed loan when converting from PPOR to IP

    Thanks Terry, I've filled in the bantac spreadsheet for every transaction since the refinance. 55% business/deductible ouch! I'll have another...
    Post by: James_isconfused, 29th Nov, 2017 in forum: Accounting & Tax
  7. James_isconfused
    Post

    Calculating mixed loan when converting from PPOR to IP

    Thanks for the replies, and yes @Terry_w it is a bloody mess but thank you for the answers. Any hints as to what that better way is?...
    Post by: James_isconfused, 29th Nov, 2017 in forum: Accounting & Tax
  8. James_isconfused
    Thread

    Calculating mixed loan when converting from PPOR to IP

    Gday everybody, I think I may have made a monumental screw up a few years ago out of ignorance and now I'm trying to fix it. Any advice would be...
    Thread by: James_isconfused, 29th Nov, 2017, 13 replies, in forum: Accounting & Tax
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