Hi Terry, I understand your response, it is clear, and it is an answer I like. :) However, just wanted to understand a bit more on the rationale...
Thank you for confirming - Main residence for CGT might not need to be PPOR for land tax.
Thanks Terry. Please let me clarify. Property B is where I live and it is currently exempt from Land tax. It is not subject to land tax. For...
Still have some doubts on this, sorry.... hope you can help. To recap- I have 2 properties - A and B. Property B is PPOR for the purpose of NSW...
So let's say I go with Option 2 - Pay $0 CGT for the sale of Property A. Then I sell Property B in 2034. What is the prorata calculation for...
This law sounds a bit illogical to be honest... It lets me choose A as PPOR even though i am generating income out of it, and B needs to be...
Ok I understand now. Let's say if I sell B in 20 years time, then i will be subject to 3/20 years of CGT. If i never sell, then the CGT is never...
Hi Terry, this question may have been asked somewhere in this post... I have tried to google for the answer but cannot find anything that matches...
Yes i could, and that is what we are planning to do. However I am just feeling being ripped off by an unfair contract which should be rectified.
Hi everyone, I am about to refinance 3 loans from AMP to Suncorp. They are investment loans with linked offset accounts. I just found out that...
1300302302 That was the number i used to call 3 years ago. Not sure if the rentention team has changed numbers since then. I actually got this...
Are these rates for new customers only?
Private Bank mortgage special: 3.63%p.a. (CR 3.67%p.a.) & a $2000... Is this for real? Citibank is offering Variable Investment IO for 3.63%, any...
4% AMP I/O Investment
Are Investment and Owner Occupied combined structured loans also affected? i.e I have both o/o and IP loan with AMP collateralised together.
So what this means is that you still have to repay the loan in full, but ALL your money (except for 250k) in offset account may be lost....
This is completely hypothetical and let's hope it will never happen. What happens if a bank shuts down, you still have a home loan debt with them...
We don't know the EXACT date of when the tenants are leaving. They told us approximately X weeks (they told us their reasons and i understand...
The problem is I can't lease the house until the tenants return the keys. Since they are already paying the full bond as penalty, there is no...
Thank you everyone, I think the agent had the optional break fee (4 weeks) in the contract. Apparently that's the standard in Sydney? If so, i am...
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