I'm not sure what you mean by "used/extra borrowings". They are new accounts just created.
I think I understand. The money that will be advanced to me is going to a savings account linked to my offset. Because it will affect the...
You are right. My mistake. Property valued at 500k. The loan is 80% of the property value. No collateralizarion is involved.
The interest rates are the same for all accounts. Still lower than before refinancing. (I must've been on a terrible rate before hand) Made a...
My tax accountant is advising however I no longer have confidence in him. He hasn't provided me the clarity through the process. I am looking for...
It's a refinance. I think it's just a completely new loan with new accounts. In the form, it asks where it should send any excess money. How...
Hi all, I'm completing a refinance and my loan structure is 1) Home loan 300k 2) Investment loan 50k 3) Investment loan 50k 40k (from equity,...
Thanks guys, i definitely need advice. Does either of you provide one off paid advice? If so, pm me.
I think I understand your point. however, In my scenario it's slightly different. I think I attempt to create equity artificially instead of...
Thanks Paul. Right, incoming producing, ie with dividends. @Terry_w, could you explain why I should split first and then pay down the amount?...
Thanks Terry_w
As in, leave $1 in it? then redraw? Also, if anyone can recommend a tax accountant in ACT, it would be appreciated.
Thanks for the help Terry_w. If I split the loan, then pay it down, wouldn't the loan disappear and become fulfilled?
Hi, Can anyone confirm that a split loan can be tax deductible if it is used for investing into shares? My reading says yes, but would like to...
I haven't written it down but my expectation is - anything that is adversely different from the contract. - anything that does not follow building...
Hey, I've moved into a new off the plan apartment and at the point of submitting my 3 month defect list. I currently have a list but do you...
Hey all, Just completed the initial pre settlement inspections and found that the laundry room has one switch. The one switch powers both the...
Thank you. Will look into doing it myself.
Thanks all, As this is my first property, I'm not too sure what to check. However, I've found a few checklists that I'll be going through when...
Hi all, Just bought an apartment off the plan and the real estate agent has called for pre settlement inspections. Just wondering if anyone has...
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