Hi Paul, I didn't "pay down a IP loan", just wanting to park excess/spare money from my non-deductible loan offset into one of the deductible loan...
Thanks Terry!
Dear experts, Few years ago, I refinanced my PPOR and took the additional capital to pay the 20% downpayment of an IP. The remaining 80% is...
Thank you Terry, good to know!
Dear accounting & tax gurus, Appreciate your advice on my situation. Purchased a IP 2 years ago with my partner (50:50 split). IP is being...
I think your arguments are sound and it really just depends on the particular business. However there is the new-ish Option in Australia of a...
One of my business partners wants me to help him get other professionals to work in his office. His business is a referral business, and provides...
Thanks for all the comments! Yes, they are also a tax agent. Sounds like I got to change accountant.
An accountant I spoke with said if I were to have equity release from my PPOR (due to an increase in valuation) for investment purpose, CGT will...
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