The loan (on IP) has never been re-drawn nor increasing the loan since the loan started. There are some extra repayment (other than regular...
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 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....
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...
I am not a fan of people borrowing money and parking it in an offset account. My very first Tax Tip was on this topic. See Tax Tip 1: Parking...
With private loan (in personal names) that has redraw funds that are used for purchase of an investment property, which date is the percentage of...
Hey guys just looking for some direction before getting official advice. We are looking at buying an existing dual occ on a single title, living...
Some people will only have an owner occ loan on which the interest is not deductible – I mean a loan used to purchase the owner occ property....
I was thinking about this situation today, I have multiple loan splits on my PPOR due to a debt recycling strategy, a couple of the splits are...
I am in the process of refinancing and looking to pull out some equity from my PPOR for investment purposes. My PPOR currently has a loan split...
Some are overly worried about mixing things up and they want to segregate rent and/or dividends by getting them paid into a separate account to...
When debt recycling with small amounts it is easy to end up with a mixed loan due to the fact that the minimum loan size being higher than the...
Yesterday I came across someone who did some debt recycling before taking advice. He had inadvertently reduced the amount of tax he could claim...
Taking money out of a loan is considered new borrowings for tax purposes. A deposit into a loan is a repayment. This creates a few issues when...
Hi all, Thanks in advance for any ideas from those who’ve been there done that: If I was to hypothetically refinance a loan with 2 splits: Old...
Hi all, Unfortunately I was very naive when I purchased my investment property and listened to family who had no idea about tax. The rationale...
Hi everyone, Current Situation: My PPOR is refinanced 2 years ago with a new bank - has a Owner Occupied Interest-Only loan ($500,000) with an...
Hi All, I am looking for advice to separate a mixed loan. My situation is I originally planned to refi both my PPOR and IP1. The equity released...
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