Hi guys I am currently getting a new loan for an investment property which I hope to turn into an PPOR down the line and need to get equity out...
Hoping for advice.... I own my PPOR outright valued at 670K. I have no intention of selling this house (good hinterland area, future growth,...
Tax Tip 563: Substitution of Security and Deductibility of Interest It can be possible to keep a loan open once the asset that was used as...
Strategy for Share investors involving Property Strategy for Share investors involving Property Debt Recycling Strategy: Buy and Sell...
Tax Tip 556: Redrawing to invest from a Loan that is in Credit Loans have negative balances usually. The borrower owes the bank the money they...
In most cases it is best to not increase and existing loan, but to instead to borrow more money as a separate loan. Failure to do this could...
Tax Tip 552: Debt Recycling with a Related Party Loan It is possible to debt recycle with related party loans just as it is possible with...
Tax Tip 551: Tax Advantages of Not Jointly Owning Shares Is it better to own publicly listed shares in one name or both names for spouses...
Tax Tip 549: How to Fix a Mixed Loan where borrowed money is parked in an offset with other money? Imagine this. Homer has a home loan of...
Tax Tip 545: Increasing and Existing Investment Loans and Tax Issues I was talking to a client recently who wanted to increase and existing...
Tax Tip 543: Lenders Causing Mixed Loans when Refinancing I have seen a few people end up with mixed loans because of the way lenders do things....
From a tax point of view, refinancing a loan means using one or more loans to pay out one or more other loans. It doesn’t necessarily mean...
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...
It is possible to borrow from a related company to buy shares. The borrower could be an individual or a trustee and the loan must meet Div7A...
Tax Tip 523: Can A Related Company Lend 100% of the Purchase Price of a Property? This post covers the tax issues, not the general law issues....
The Pain of Low Fixed Rates Reverting to High Variable Rates Imagine having a $600,000 loan at 2% fixed coming off and reverting to an interest...
Homer has a $1mil home loan with a loan of $500,000 and $500,000 in the offset account. He wants to borrow to buy a $500,000 investment property...
How do you know which loan after a refinance relates to which loan before a refinance? Example Homer refinances 2 loans secured against his...
Many years ago, as rates between PI and IO started to differ, I wrote a tax tip on paying interest only on a PI loan. This gives the benefit of...
Interest can be deductible where the loan is used to produce income. Where a taxpayer borrows to invest in dividend paying shares or an investment...
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