Hi all, I am trying to work out the best way to structure my loan at the moment. Basically I am getting / hearing different results using the...
a maths question I have 80K to park in an offset. One loan is at 4.2% PI and another is 4.65% IO. Both are investment loans. Which loan should I...
Hi everyone, My first post on this forum after a long time of lurking. Please go easy on me. :) I am about to buy my first PPOR, a 3br in a...
Hi All, I'm currently living/working overseas and we have a property in Melbourne we have been renting out. We have a cash balance in the...
Hypothetical questions. If an individual has some capital gain losses from say selling shares or property. Can trust distributions income be used...
Hi all, Just a quick on to clarify the process of what happens to monies you have in offset accounts when you refinance from one bank to another....
Hey guys, Just bought a house and planning on using it as PPOR. In the process of finding the right loan for the place. Plan will be to pay it...
Situation - Loans on P&I - Net rental income cover all interest but only a small amount of principle. - Offset1 - personal savings - Offset2 -...
Just wanted to a quick question re preserving deductibility (as opposed to increasing it). I've read through many threads and googled but can't...
Would like the thoughts of tax savvy investors ! I have 3 loans - 2 of them are IP loans , the new one is an equity release (from one of the IPs)...
Has anyone come across mortgage offset accounts that offer multicurrency accounts? Say if you have cash in other currencies overseas - eg GBP, if...
I can phone Westpac but thought this might be quicker... Can I have more than one offset account with Westpac - one account opened to offset one...
My wealth package is due for renewal soon at $395 pa. Benefits - discount on home & contents insurance, discounted interest rates, free credit...
Dumb question maybe... (I'll call the bank tomorrow, but doing some figures tonight). If I fix a Westpac loan, but don't prepay any interest in...
Hi all, First time poster here and a newbie trying to build my knowledge on property investment and how I can apply it to my current scenario....
The banks are going to implement this in their own way but any opinions on whether offset accounts with significant balances would be impacted?...
If your servicing is strong and you could take more equity out than you need, and still keep LVRs at slightly below 80% is it a good idea to take...
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...
Was looking to switch from P&I to fixed IO with Bankwest however I found they only offset at 40% of what you have in your offset account. Is this...
Hey guys, An offset account is usually ideal against non deductible debt(PPOR for example) in order to pay less interest which is all good. Was...
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