Tax Tip 545: Increasing and Existing Investment Loans and Tax Issues I was talking to a client recently who wanted to increase and existing...
A while back, I encountered a client with a mixed loan and he thought it didn’t matter as both uses of the loan were investments. But it did...
How do you know which loan after a refinance relates to which loan before a refinance? Example Homer refinances 2 loans secured against his...
Loans really only need to be split in the following situations: a) Where the end users will be different b) Where the uses of the borrowed...
I had two splits, split1 and split2, both for investment purposes, I requested a top-up, and the bank added split3, the top-up value, $76K,...
This is the scenario: A loan with two splits, $100K and $400K The $100K is used for personal/private purposes The $400K is used for investment...
Hi all, I have a question about the operation of CBA loans (assume the Standard Variable Rate loan type). Presume I have two loan splits : -loan...
We have a Pepper Loan. Apparently our loan has no fixed options due to who they have funding the loan. It also has a weird sub account offset set...
Loan Tip: What does ‘Splitting a Loan’ mean? Changing one loan into 2 (or more) loans is splitting a loan. Example Homer has a $100,000 loan....
hi guys, i am purchasing a property with another person in unequal shares. total purchase amount is roughly 900k the other party only wishes to be...
Currently loan split1 - 200k loan offset - 100k interest on loan is 5% of 100k = 5k/yr and it is all tax deductible -- in preparation of next...
Hi all, So I just asked my bank to split a 100k loan into 65k and 35k. How it looked before: 100k loan - 60k used - 40k available They have now...
I have just taken out a new loan for an IP deposit. The loan has been settled and the bank deposited all the funds into my personal account. As...
Hi All, If you have a loan with multiple splits, in this mix are costs for purchases, these splits are for the remainder of purchase price, some...
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