Have an ip in Sydney and a ppor both in Sydney. Considering two options 1) selling the IP in Sydney and purchasing two in QLD. 2) hold the ip...
Thanks everyone! So it sounds like the two loans are interest deductible and the third loan is not able to be interest deductible as the funds...
It was used to purchase a ppor so I assume we can’t claim it.
Hi there We refinanced our ppor and converted it to an ip. Broker setup three loans as follows 1) Two loans where used to pay out existing...
Hi everyone, I searched a variety of threads but couldn't quite work out this one. I had a PPOR for 10 years, in 2019 I moved out and converted...
Hi everybody Just reviewing an agency agreement The below seems pretty standard as it surrounds the srller backing out But the third bullet...
Thanks! Why so? Sure makes sense. What would be the negative of purchasing one or two properties with cash and using them to service the...
Ppor would be nearly double the available cash Interesting, does buying the ppor first affect servicing though or would you be better to buy the...
Hypothetical. You have 600k cash available, renting and want to achieve investments and a PPOR with the cash and have strong servicability would...
Pretty much lol Just try convincing swmbo
The real problem as well is vlaidting it's 150k. Market is very strange at the moment places are selling for between 120k between low and high...
Take the 150! That's what we are thinking I think this is were attachment personally to a property can make it hard to make the right decison
Take the 150? :D
Thanks @Terry_w definetly will be implications and costs involved if purchasing other properties I'm not sure on all of it but assume there will...
Better area outgrown the current location and need to get closer to things for work / study No CGT and no land tax currently To be honest I...
I think it's got a way to go but I think it will platuea for a few years as it's risen quite sharply and the area is cooling of so it's probably...
Not an official assessment but we are on 200k+ a year before tax so pretty comfortable at the moment and confident we could finacially after...
The only other thing we have considered is to put in a granny flat on the Sydney property to increase rental return and that would put us in the...
Hi everyone, We have a PPOR no investments yet but are now looking to change that. PPOR is in Syd and worth around 700k and we owe 200k. We are...
Thanks makes sense and is it common place for the agency agreements to be reviewed by a solicitor or are they general in nature?
Separate names with a comma.
