I have a conundrum, and it would be great to get other investors views on this. I have a 420 principal and interest loan secured against my PPOR...
AND TAX ACT 2010 - SCHEDULE 1 SCHEDULE 1 – Rate of land tax—individuals other than absentees and trustees Column 1 Total taxable value Column 2...
Slightly off topic. My daughter turns 18 in December, and I will distribute income from trust to her next FY. Can I distribute to her from 1 July...
Thanks. Entitlement to fixed sum would be sufficient. I had assumed that I had to pay her income out. I would then recommend she invested it in...
More than happy to just hold a cash liability with a 0% interest (for simplicity), as well as her or rep can call on it.
I have been doing so for both.
One of my children is about to turn 18 and I will be able to pay her from a DT. I have heard that I can retain that income in the trust (it will...
Hi all, I have realised my last plan for cheap margin loan was flawed - and appreciated your comments. Does this one work? I have a 0 balance...
Yes, thanks all for comments. My questions have been answered. Cheers.
So potentially not legal
I create line of credit loans secured by my PPOR and buy shares. I deduct interest against dividend income. Your comment "The interest here could...
Basically I want to borrow money at 2% to buy shares instead of 5% on margin loans. I want to dollar cost average in. I have heaps of equity to...
I create line of credit loans secured by my PPOR and buy shares. I deduct interest against dividend income. "The interest here could potentially...
Well what on earth is debt recycling then? I have seen some totally whacky suggestions over the years, many of them more complex than the above.
P Sorry about the confusion: Case 1 I have a $550k IP. I have a $300k IO loan borrowed to buy the IP. I have $300k cash. I am going to put the...
I am repurposing the loans for investment in shares. The holiday house is now being held as secuity against my share investment loan. I do this...
No it is equity.
The differnce here is that I will be claiming the interest on money that was borrowed for an I.P. against investment in shares. There will be a...
Property chat brains trust: I have $300k in an offset account against a $300k interest only investment property loan. We will be using the...
We thought we could get access to our property in Northern NSW, but we live in Brisbane and that is looking very unlikely until next year. We...
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