Some investors end up selling a property or shares at a loss. They may have borrowed to acquire the property or shares but the sale proceeds may...
There are 2 major issues when taxpayers want to claim the interest on a loan relating to a former main residence: a) Redrawn amounts b)...
Changing your mind on off the plan/Construction and deductibility of interest Sometimes a change in intention can result in a different tax...
Hi We are looking to refinance our PPOR and my husband's IP with an online bank for a cheaper rate (3.59% and 4.44% versus what we are currently...
Query - Is the interest deductible on a loan to buy-out your sposes' share in a property? Situation: 1 - My spose and I jointly own our PPOR...
I just got advice from an accountant that I am unable to have my tax deductibility if I split my PPOR homeloan in order to use the split as a...
I take out loan A to purchase income producing assets. The interest on loan A is tax deductible. I take out loan B to pay off loan A. Is the...
Tax Tip 161: The new Duty on Spousal Transfers in VIC Previously, Victoria had the most generous stamp duty concessions for the transfer of real...
2 Strategies to avoid contaminating loans with loan increases In this thread I am assuming that interest can be deductible where money is...
Strategy: Borrow Against the Main Residence for an Investment Loan I have referred to this strategy already in a few posts as 'shuffling loans...
Hi all, I have a question re: the timing of claiming interest. Example, I live in house 1, with a 400k home loan, and 400k sitting in the offset...
My accountant is on leave atm so calling on the collective PC knowledge for some simple clarification. We have some managed funds in my wife's...
Deductibility of Loans when later renting out your main residence Interest on loans is only deductible if it relates to the production of income....
Interest Deductibility when property for sale and untenanted Interest is only deductible if it relates to the production of income. That means if...
Deductibility of interest where settlement never happens and deposit lost Where you borrowed money and paid a deposit directly to a developer...
Deductibility of Interest on Loans to finance Super Contributions Interest is not deductible on money borrowed and used to fund contributions...
The cost of owning assets while having non-deductible debt If a person has $100,000 in income producing assets but $100,000 owing on their...
Segregating Cash in different accounts - No Need Some people seem to think rental income needs to be deposited into a separate account to the...
I refinanced an investment property loan in 2014 to pull out some equity and make the next purchase. After making the next purchase, there were...
Deductibility of Expenses – General Concepts Expenses such as interest, and other costs, can be deductible because of section 8-1 of the Income...
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