hi @Peter_Tersteeg, let's say I'd do that. I'll put the equity into a brand new account and won't have any other fund to mix with, until it's...
As I know that if I get a construction loan to build a house on a vacant land. Even I intent to rent out that house after it's completed. During...
It's for buying another investment property. I plan to buy a house & land package for investment. Now I have some saving which I can pay off that...
I have an investment loan and, by mistake, put extra repayment and make multiple redraws for personal use. The loan became mixed and contaminated....
I can't. I am short for that $16k. I would like to go with that option as well. But the timing is not great for me.
read in the same page with the text here: "It’s also possible to apply for a Repayment Pause if you’re ahead of your home loan repayment schedule."
The information on this page here will answer all your questions above. Pause your home loan repayments cheers,
Honestly, I don't know the different of the final return until you made that calculation. But my concern is not about the amount that I will get...
From my post here, I decided to settle the 2nd property as an investment. Then I only asked one major question to the tax adviser. "If redraw...
Give me few minutes, I was slow to see lots of messages right now. I just got out of a meeting and I am trying to respond. Let me get to that in...
Maybe I take it this too serious. Sorry for making it sounds like I was upset. I wasn't ready to be LOL at at the moment. Yes, I asked for help....
Which part that makes you think I am trying to do that?
I did what you told me to do. I find a tax adviser like you said.
Cannot believe when I was so really in need of help. If you could say it a little nicer, it would be great.
Are you guys happy making fun like that?
Yes. that's totally correct.
@Terry_w I am very confuse even more. So you think I can still redraw that fund from the loan?
As long as I want to keep claiming tax on loan's interest on that account.
guys, In fact, I was told specifically NOT TO TOUCH that loan anymore. and NOT REDRAW EVER AGAIN! if I still want to keep the loan interest to be...
The current loan I have is for an investment property. That's why it's tax-deductible. It's OK. My case is complicated. The tax advisor says the...
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