@Paul@PFI Thanks a lot, Paul, very helpful!
I’m just confused with all the initial cost of buying an IP, say when settling a property, I pay a few bank charges, say adding a security,...
Hi S0805, thanks for the notes, it's just a strata unit I'm doing, I actually compared the quote from AAMI and TS, they are pretty much the same,...
Just need some help from all the investors here...as I'm confused when I'm trying to get quote online. my IP is a unit in NSW, I'm renting it out...
Paul, Thank you very much for your great explanation!! @Paul@PFI
Hi @Paul@PFI , One more question from here, please help... In regarding to your answer point 2 where it says the value at the date first rented...
thank you for you reply! I'm confused and so does my friend, 1st property really should be paying CGT upon sale,right? (it's sold 2 yrs ago),...
@Terry_w I thought so too...maybe it's better to get a broker next time...but this time it's just too late...
@twistedstats I am in the same situation, it's like a penalty for paying down to your own PPOR (from a tax point of view when you want to turn it...
When are you suppose to pay CGT? not necessarily at the time of selling the property or the time lodge your tax return? right? My friend sold her...
Thank you all for your help @Terry_w @Jess Peletier @Digitalism
Hi @Terry_w, I read your advice on setting up the loan and trying to avoid cross collateralize the properties, etc….they are very helpful!...
Thank you, Rob for the good advice!
Thank you, Paul! clear explanation!
I'm having this silly question here: Say if I purchased a hot water system for $1500 for my rental property, then claim it as an asset expense...
I can see my strata management is paying a lot for insurance, but I really don't know what is covered in the insurance, let's say if there is...
Thank you so much for this clear example, Terry!!! I wish I had known this when I first purchased my PPOR, I didn't plan nor thought about...
I'll certainly follow this tip when I'm married one day...;) Thank you for your advice, Terry!
Thank you for your quick reply, Terry! Yep, I've calculated that loss for sure...hope others can learn... Guess I better just sell it to buy a...
Hi Terry, Thank you for your reply! Yes, it's a $22K loan and the balance is close to $0 (it's paid off but I'm leaving it open hoping to redraw...
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