QS is thinking that no depreciation is available, due to the 2017 changes. My last confusion is whether I'm meant to claim a capital loss in last...
Thanks Paul, I thought it was a long shot. The qs report is from 2019 and prior to that it was a brand new apartment that we lived in for 1 year....
We have a residential unit that is currently rented. Due to the 2017 depreciation legislation changes we have not been able to claim any Div 40...
Thanks for the help. Seems like I should not be too optimistic on CDC. A DA will likely be required to make the best use of the site so I can...
Just trying to get an idea on whether a DA or CDC will be best/expected for a knock-down rebuild project. I'm comparing the Warringah DCP vs SEPP...
Dee Why’s suburb area is a lot larger and it includes an area west of Pittwater Rd. The western side brings the average house price down, which is...
Can a wife refinance her IP and then loan the available equity to the Husband (sole-owner of their PPOR) who then deposits the loaned amount to...
I was just at the calcs in this old example and was thinking the last part should be: $4,000 x 39% = $1,560 tax return Requiring an additional...
Thanks, will plan things out but no rush to commit to anything in the near future. Debt recycling on the PPOR is looking good at the moment, so...
It was done directly with a bank. They never requested any income/expense statements from my wife. And our savings accounts and credit cards...
Yes, a large amount of debt, but saved around $50k last year. I did extrapolate out our current savings rate and it looked like my PPOR loan...
Thanks, will likely speak to my bank when we decide what to do. I was just doing some basic calcs with a monthly PAYG income of $9.4k after tax,...
Okay, that is good to know. But this sounds different to my original loan application, where I am the only one on title and my wife's...
Hi, our current situation (late 30's, no dependents) is: PPOR (Northern Beaches) in my name, est. val $1.4M* owing $900k @2.75% P&I var IP (Inner...
Thanks, I found the tax tip: Tax Tip 173: Strategy – Don’t rely of a lender’s valuation for CGT Purposes There are some references within the...
Hi, When moving out of your PPoR and turning it into an Investment Property, it is a good idea to work out the value at that point in time for...
Just got my response back from BoQ… And they no longer offer this to chartered engineers.
Just tried Westpac in their branch and had one of their staff members call their premium hot line... But the feedback was that this is no longer...
Hi, I understand that in the past; Chartered Engineers with Engineer's Australia were able to get LMI waived for LVRs 80-90% with incomes $150k+...
Narraweena vacant 556sqm land (DA approved), listed for $790k Previously bought Jan-2017 for $900k Build cost listed as ~$500k, on a very steep...
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