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  1. ChrisF
    Post

    Tax Tip 4: Borrowing to Pay investment expenses

    It is for an IP. Why "could be"? Under what circumstances would it not be?
    Post by: ChrisF, 8th Dec, 2023 in forum: Accounting & Tax
  2. ChrisF
    Post

    Tax Tip 4: Borrowing to Pay investment expenses

    Would the interest charged on money borrowed to pay for a Tax Depreciation Schedule be tax deductible? I know the schedule itself is tax...
    Post by: ChrisF, 8th Dec, 2023 in forum: Accounting & Tax
  3. ChrisF
    Post

    CGT Exemption

    $3,500 Nothing if it works. But lots given it won't. Not a bad idea though. But as Terry said I'd probably rather the $10.
    Post by: ChrisF, 6th Nov, 2023 in forum: Accounting & Tax
  4. ChrisF
    Post

    CGT Exemption

    They are not trying to sell me any properties. They are just trying to sell me their advice. A heft fee for something that seems highly unlikely...
    Post by: ChrisF, 6th Nov, 2023 in forum: Accounting & Tax
  5. ChrisF
    Thread

    CGT Exemption

    My accountant (a medium sized firm) has suggested that they have a method to make all properties (PPOR and all IP's) exempt from CGT. It involves...
    Thread by: ChrisF, 6th Nov, 2023, 13 replies, in forum: Accounting & Tax
  6. ChrisF
    Post

    Have I lost tax deductibility?

    Thanks again for your advice Terry. Very much appreciate your work on here.
    Post by: ChrisF, 29th Oct, 2023 in forum: Accounting & Tax
  7. ChrisF
    Post

    Have I lost tax deductibility?

    I think I'm slowly piecing this all together. Previously you said: "Alternatively repay the full $140k loan down to $100 or so and redraw...
    Post by: ChrisF, 29th Oct, 2023 in forum: Accounting & Tax
  8. ChrisF
    Post

    Have I lost tax deductibility?

    No I haven't. But I have been told by another accountant that the brokers plan (transferring the money back into the $140k equity loan account)...
    Post by: ChrisF, 29th Oct, 2023 in forum: Accounting & Tax
  9. ChrisF
    Post

    Have I lost tax deductibility?

    Thanks so much Terry. I'm certainly confused with all of the options but at least I know it's best not to proceed right now. Would a very simple...
    Post by: ChrisF, 28th Oct, 2023 in forum: Accounting & Tax
  10. ChrisF
    Post

    Have I lost tax deductibility?

    The savings account that the 90k was paid into was our daily transaction account that we've had for years. It is with the bank we refinanced to,...
    Post by: ChrisF, 27th Oct, 2023 in forum: Accounting & Tax
  11. ChrisF
    Thread

    Have I lost tax deductibility?

    I refinanced my mortgage on my PPOR. It is a $200k loan, but I have $150k in savings available in redraw, so have $50k owing. At the same time I...
    Thread by: ChrisF, 27th Oct, 2023, 10 replies, in forum: Accounting & Tax
  12. ChrisF
    Thread

    How much equity to release?

    Short version: How do you know how much equity to release from PPOR for an IP purchase? Are there any problems with borrowing too much and then...
    Thread by: ChrisF, 23rd Aug, 2023, 4 replies, in forum: Accounting & Tax
  13. ChrisF
    Post

    Tax Tip 44: How to Un-Mix a Mixed Loan

    I need to see an accountant to determine the proportions for my mixed loan before turning PPOR into IP. Other option is to sell if numbers don't...
    Post by: ChrisF, 10th May, 2022 in forum: Accounting & Tax
  14. ChrisF
    Post

    Best method to turn PPOR with redraw into IP?

    Thanks Rolf. I'm currently recieving Terryw's debt recycling email series, so will have a read through that and more info. I think I'll definitely...
    Post by: ChrisF, 10th May, 2022 in forum: Investment Strategy
  15. ChrisF
    Post

    Best method to turn PPOR with redraw into IP?

    Thanks Terry. I will have a read of them. Your feedback and tips are much appreciated.
    Post by: ChrisF, 10th May, 2022 in forum: Investment Strategy
  16. ChrisF
    Post

    Best method to turn PPOR with redraw into IP?

    Thanks for the quick reply @Terry_w By "work out what, if any, portion of the existing loan relates to the purchase or improvement of the...
    Post by: ChrisF, 7th May, 2022 in forum: Investment Strategy
  17. ChrisF
    Thread

    Best method to turn PPOR with redraw into IP?

    Hi all, For a few weeks I've been trying to educate myself by reading this forum almost everyday (thank you all for the excellent information) as...
    Thread by: ChrisF, 6th May, 2022, 7 replies, in forum: Investment Strategy
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