Hi, Thankyou for your input @ashish1137. Though I am not sure why the assumption about Mr. Arora :) Would love to get an insight into holding...
12 Oregon Avenue Corio Vic 3214 - House for Sale #126081722 - realestate.com.au I have a question as I am looking at similar properties in...
We have a few suburbs that we are considering at the moment for our 1st IP and it has basically come down to 2 type of choices given limited...
Has anyone looked into suburbs Breakwater and St Albans Park and can provide any insights? We are also considering Corio, Norlane and Newcomb....
okay thanks for responding...me + 1 would be there too:)
is this meetup still going ahead, given not many people have shown interest?
i'll try to be there
When equity is drawn out, it would be to buy a IP, not a PPOR.
There is a possibility it will become a IP in future but not sure when. What if we convert it to P&I now and keep on paying it down and just...
Does this mean having a PPOR on IO loan with difference (between P&I and IO instalment) being saved in a offset a/c is not a good strategy anymore?
Thanks Terry
have never had a financial planner, need to review our insurances etc. any recommendations would be greatly appreciated.
Hi All, I would also like to get recommendations on accountants in Melbourne. I would prefer someone with whom I can have a discussion face to...
I found the answer in this thread here. Tax Tip 34: Deductibility of LMI on loan increases The answer would be NO, please correct me if I am wrong.
Thanks Terry, lot of information to read through. Helpful as always.
Thanks Terry, my question is if we access equity with CBA-up to 80% and then refinance with another lender, the LMI that we paid to CBA in 2014...
Apologies for this confusing post. LMI was paid on PPOR when bought in 2014. Loan on this PPOR has mostly been IO with intention of making it a IP...
Thanks Shahin. I don't know much about lender policies, hence have to rely on what broker advises. That's why I seek advise on this forum so I can...
PPOR might actually become IP down the line, in that case LMI would be tax deductible. Should have clarified that in my original post.
clearly this post was before coffee. Hence IGA instead of ING.:) We are trying to access equity (with 80% LVR) on PPOR with IO loan.
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