I'm not mad about the Gold Coast at all. Bought a nice one bed apartment in Southport for only $250k a few years ago, now worth over $350k with...
I bought a one bedroom in Southport in 2018 as a PPOR. It was close to work and I liked being able to walk down to the Broadwater and across to...
My mum owns an old (but tidily renovated) 3 bedroom house in Ettalong Beach on the Central Coast. This area has really boomed in recent years,...
Considering how complex it can get, I can certainly see how some mistakes can be made. For me though it was really about attitude - no real...
What is the usual process for most accountants these days when putting together tax returns? Are clients just emailing documents across, as in my...
I was concerned it would be difficult to start again as he has all of my records, but upon researching I understand the new accountant just asks...
I have been using my current account for around the last 20 years, which is the main reason I haven't really considered changing from him. He has...
Thanks for the replies folks. As always, plenty of wise advice. I sat down and did the numbers properly, and as has been suggested here, there’s...
I don’t think so - I doubt they’d allow her to take over the lease due to her wage and savings levels (she’s quite a bit younger than me). I...
How would that work Terry? You mean use my purchase as a PPOR for a short while before renting it out (and then moving back in)?
I didn’t even know it was a thing, so didn’t know to ask. I’m just in the process of organising a colleague from work to move into my current...
I just signed a contract for a PPOR one bed apartment on the Gold Coast in the mid $250’s. I am currently renting up here with about 9 months...
I keep an eye on Kallangur as that’s where one of my IP’s are located. I’ve noticed that even in the relatively short time I’ve owned, more and...
This thread is old? I just started it! It’s new for me, I’m currently going through a mini work/life crisis and appreciate all the...
That’s true, but by having no mortgage on the PPOR, then using the equity straight away to borrow back into shares, you not only have dividend...
Great advice @Marg4000. I was wondering about the games, and I certainly don’t want to buy into the hype of it all. It depends on the jobs I am...
But if I did that then I’d be paying interest on a mortgage that wouldn’t be tax deductible. Isn’t the idea to pay off your PPOR and maximise...
Mostly long held shares and an intl managed fund with divs reinvested over time. $40k in cash. I have about $30k cap losses to use too. Reasonable...
Definitely, this is one option I’ll be looking at for sure.
Yep some good advice. I guess I just wanted to avoid the whole renting then moving again thing. Plus rents aren’t super cheap (high yield) on the...
Separate names with a comma.
