Hi there, In late 2015 I purchased my first PPOR in Tarneit for roughly 330k, I believe the value for it today would be around 400k. I'm...
The thing i don't like about splits is this, looking at a PA basis, with 24k invested into the splits per year.. If i'm investing $24,000 a year...
Okay, To put it into perspective, obviously these numbers won't be 100% accurate, but for the sake of the argument, i'll compare two options;...
That's okay! Wouldn't it be better to use my income to purchase more shares, let the equity build up in the property and then take out a LOC...
I wouldn't be claiming the interest as a tax deduction
Girlfriend. Doesn't concern me, as i won't be selling within the CGT period anyway
Hi Terry, What if, instead of turning the property into an IP - Deciding to live there long-term instead.. That way, I can rent half of it out...
So @Terry_w To clarify: Option A: Pay down IP debt, use equity to purchase more shares. Option B: Pay down IP debt, use equity to purchase more...
Unlikely! That's not a bad idea, so basically rather than paying down the debt, I use an offset (which reduces the interest). This may give me...
Hi, To give you a brief run-down of my current situation; - 25 years old - have recently purchased house & land package (PPOR), which is...
Thanks everyone for the help/advice. I'm almost certain she'd never attempt to do something like that, regardless of the circumstances. However, I...
Hi, I've just purchased a home recently on my own, once the house is built (next four months), i'll be moving in there with her. What are the...
Board, now that's an idea! To get my head around this a bit better, could you answer the below scenarios.. All these scenarios are under the...
CGT doesn't concern me as I plan on keeping the property for the long-term (well and truly past 6 years). Other than that, is this route optimal?...
Hi, So about a year ago I purchased a house and land package close to Melbourne, the house is 3 bedrooms, 25km from the CBD and I utilised my...
This rat doesn't deserve life. Doesn't deserve a comfortable cell to rest in for the rest of his life. So sick of soft government approaches and...
I work full-time in the city, but I've just started ubering as a side income to pay down my PPOR.. It's definitely worth while for a side thing...
Once you have paid off your PPOR using this strategy, you now have a tax-deducatable debt, a paid of house and a large porfolio. This is where...
Hi @Angel , I'm using one of his latest editions. He doesn't specifically mention VAS, which is an ETF, I did my own research for this. I'm...
Thanks again for the responses guys, You're definitely right about the refinancing, that's not really an option. @Terry_w With that MAV...
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