For the average over 2 last FY method, what if the company just starts towards the end of the year and earn much less. Let's say if company is...
Do I*need* to declare that I work for my own company? I mean if say that I work for XYZ and I get paid $x amount p.a., will lenders usually ask...
Hi All, I am considering to create a company where I will be the director, and in which I will use to provide my service. Based on my research,...
I was advised by my accountant that for my situation to keep it simple and save cost. Also advised not needing to have a separate DT as...
Hi @Terry_w , My proposed DT uses corp trustee (which also the bucket company), with me and wife as directors. The shareholders of this company...
I have heard that most lenders do employment check up to the day of settlement even after unconditional approval, especially during the height of...
How to make a property main residence? I thought living in it means that? What are the qualifying criteria?
Hi, I need to get some understanding on this 6 yr rule work under the following scenario please. Property 1: Bought as PPOR in Oct 2014...
Lots of non-bank/union-backed/online-based lenders are now offering very competitive rates compare to the big lenders. The question is: what are...
How about Sunnybank/Sunnybank Hills? 15-20 kms away.. Shopping centres and one of the best public schools in QLD (Sunnybank Hills Public)
Land tax is only payable if it's an IP? No land tax for PPOR? The plan is to purchase and make it IP initially because the mortgage will be quite...
Thanks @kamchatsky ! Really helpful. I had fun playing with the Google Earth layer :) Btw when will the Castle Hill Shopping Centre expansion...
Is this still proposal or they will actually do it? When is it supposed to be completed? I was considering Castle Hill also but looks like the...
@Simon L Are you saying that currently Cherrybrook is overpriced? Will it correct though knowing that in few years time, the Metro will open,...
Looking at the median price from when this thread started (Nov 2015) to today, Cherrybrook median house prices increased 70-100k in a year.....
The bank did a valuation on the PPOR earlier this year and I unlocked some equity which most of it has been used for deposit for an IP. I don't...
But if I pay down my PPOR loan now and moving forward with borrowing further against that, then when my PPOR turns to IP, my tax deductibility...
Do banks (or any bank) allow lending based on offset account amount as security (rather than having to put the money in term deposit ) ? Got...
If i am on IO but want to debt recycle, i will need to pay down the principal? Would the bank allow that since I am on IO loan?
Does Debt Recycling Strategy only work if the PPOR is in P&I loan because you'd need to be paying off the principal, then you can ask the bank to...
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