Thank you both for your responses. I think the best way to approach it is to purchase shares first without having any money in the CDIA. Then,...
Hi, I am after some clarification about what I need to do to ensure that my investment debt interest is deductible. Here is the hypothetical: -...
Yes, that's what I'm thinking... Okay if I pm you at some point re: becoming a client and getting some help setting this up?
Not necessarily. Just thought it would be more tax effective so that more money could be directed towards paying down the non-deductible debt. Is...
Oh okay. I didn't realise that. In any case, the rates for I/O for owner occupied are still 5.05%. I think I can find lower than that if I have a...
They just have the lowest rate on a line of credit that I have come across so far. I looked at AMP for the master limit facility but rates on the...
I also have accounts with CBA for a little bit of rainy day money and my everyday banking. I would try to put most of my money straight off the...
Thank you for your input. Terry, why would an offset be necessary? Just in case I wanted to rent out the PPOR? PaulF - Yes, I have run the...
Hi all, After some feedback on my strategy. Particularly from those who have done something similar. Here are the details: Current PPOR loan:...
Thanks Rolf. I have heard that AMP is good for this type of structure?
Thanks for the response. Where the interest payments come from and go to was a question that I had actually. Do the loans have to be set up as...
Hi all, I am 29 and currently constructing a new home. Once it is finished, I estimate that it will be in the $750-$800k ballpark. Mortgage is...
Nathan Birch has always been a bogan. Rough around the edges and unprofessional. But he tells it as he sees it and if hearing his opinion helps...
I too am considering this strategy. You just need to make sure you have your loans structured properly so that the investment loan amount is...
The ***** portfolio would probably perform pretty close to the index I would guess. Especially if you're selecting the top 10-20 companies you...
I sold a property in Frankston (Karingal) earlier this year and did very well. In hindsight, probably could have held on to it for while longer...
Everyone is different but early retirement is the goal for me. If you're already in a position to do it then go for it :).
House is in Karingal btw. Not in the Frankston High School Zone.
It wasn't a sub dividable lot. No potential for further development but very nice house. It was a PPOR and my partner and I have decided to build...
bought PPOR in frankston at the end of 2015 and just sold it. 36.6% increase in 18 months. I'm pretty happy with that :)
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