I am planning to structure future purchases like this then: 1) start with a $50k loan fully paid off, securitised against IP1 2) redraw $20k for...
Thanks Terry. Just to double check as well, if with the new loan split, there was only enough cash to pay down the $50k split to a remaining...
Ok, yes sorry I should have put some numbers in. 1. So let's say you have an investment property (IP1) against which there is a $100k loan. 2....
Hi all, I have been doing some reading of posts on both Propertychat and on Somersoft and also trying to decipher some information from ATO...
I was wondering if a debt recycling strategy would be applicable to decontaminating an investment property loan which has been contaminated....
I would like to know this too actually! Anyone?
Thanks @Terry_w , you've been most helpful!
In this scenario, simply just splitting it to 90k and 10k after the fact and paying both off or conversion to LOC is not going to work right? Is...
I absolutely understand this, which is quite stressful for me because existing paid accountant has been saying "don't worry, as long as money in...
Hi everyone, I have been frequenting accountants again and it seems there are a range of opinions on this matter. There are four basic positions...
Hi Paul, 1) You raise an interesting point in the first part of your post. I'm a bit confused as to what this means though. So you are saying...
Hello @Terry_w , I have been speaking to some tax accountants and I have been given some advice which seems contrary to your writings on the...
Hi @Chris White I absolutely agree with you, it is like the cycle of nature that doesn't change. And that is why we can take advantage of it as...
Hi @Chris White , not to burst your bubble but I have not read your article :) I actually learned about this idea from John Lindemanns property...
What about looking not comparing yields between different areas, i.e. regional versus metro, but only comparing yields in areas versus historical...
Hi Wylie, The landlords who usually do these things often just take cash in hand from the student or new immigrant tenants. Generally these...
Hi all, Thanks for all the helpful advice and replies Just to update the situation, I did end up have Enhance 4.2mm Vinyl Planks installed (the...
Is it 19 Karingal Way?
Hey guys, I recently did a building and pest inspection via a guy who was also a property investor himself. We were having a chat about the state...
Hello, It does seem that the tree in the backyard seems to be a willow myrtle with quite a thick trunk. Would this have any impact on development...
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