I heard that if I withdraw money from redraw account it is considered a new lending. I have a PPOR loan split of $100k. I also have $100k cash...
Hi everyone. The situation I'd like help on is as follows: Property 1 I borrowed money to buy this investment property and still owe $400,000...
Hi, I am renting at the moment and have an IP that say has $400k left on the loan and $100k of equity built up. If I want to buy a PPOR, my...
Situation: Property was used as PPOR for six months immediately upon purchase Property then turned IP Property being sold within the six-year...
Work is taking me to the place I have an investment property. PPoR is 2,000km away! No balance on mortgage for PPoR (but have small facility open...
Hi Folks, I was wondering if I can pull out equity from a paid off investment property. Would banks be able to allow that? Finally would...
I have a mortgage, 400K, for my PPOR, unfortunately, I made many small redraws for different purposes, some maybe spent for renovating the PPOR,...
Hi All, Looking like the Act Government will implement some rules with energy rating. Please refer to...
Paying a fee in relation to · Managing your tax affairs, or · Complying with a commonwealth lodge obligation relating to tax...
Hello All, I'm buying an existing property in QLD which already has "Termite System" installed but expired (as per vendor). Now I'm planning to...
Hiya, I have set up a new loan and bank account for the purchase on an IP. At settlement I want to draw down an unused loan against my PPOR. If...
I read most of the threads (even terry's ) before posting this. I've got more confusion as everyone's opinion is different on this topic. Story...
I am considering 2 Investment scenario: Option 1 : "New Land + Construction" Loan vs Option 2 : "Buy Established property & KDR" Is Tax...
[ATTACH] As you can see from attached home loan statement snapshot, I am currently paying 1.55% P&I on my (now) investment property since start...
Let's say I use a borrowing to fund the purchase of 100 shares, and begin claiming tax deductions on 100% of the interest associated with that...
Hello Forum tax experts, Just wanted to ask, when borrowing to pay down an investment loan, is the interest on this loan tax deductable ? Say...
I have read some relevant threads and tax tips on converting PPOR to IP. But still I am posting my own situation to double check. I bought my...
I have an ANZ home loan account with redraw facility. I've paid off the loan to the last few dollars so that I can start using the funds...
Hi everyone I have a rental investment loan (say 100K) and offset account with 100K parked in there to save on loan interest. Recently I have...
Hi gang, I have a PPOR owner occupied loan of 200k with 200k cash funds available for redraw (effectively loan is paid off). My wife has 50k...
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