Hi All, I am aware that a loan from a family member to buy an investment is tax deductible. My situation is slightly different. The Investment...
Hi all, Trying to get clarity around renovations / improvements and their tax depreciation potential, I seem to be getting conflicting...
Where a loan relates to the generation of assessable income the interest can be deductible and also so can the borrowing expenses such as loan...
Background: Bought an IP in 2017, leased for 2.5 years while preparing for development. Got DA and tenant vacated in Jan. 2020. Construction has...
Hi all, I'm looking at selling a property soon at a loss and there will be a leftover loan. What happens to the interest that i will continue to...
Hello Tax experts, Say if a person wants to build a home on an unencumbered block of land but is in the process of sourcing a loan for the build...
This is something I've had difficulty finding any information online on. Hopefully, there are others in this forum who may know more about the...
If you sell an IP that is funded through a fixed rate loan (and pay off loan in its entirety), the bank will ordinarily charge you a break cost....
I got asked this question earlier tonight and I wasn't to sure of the answer. The situation is as follows: - a loan split was setup against a...
I want to provide some money for the care and welfare of a person living overseas (UK). The person is not related to me, but was in a long term...
Say for example an education company that provides private tutoring services for high-school students is also an organisation endorsed as a...
Scenario: I have a discretionary family trust as my chosen investment vehicle. I lend the trust say $1mill to invest across different assets. In...
We have a PPOR with an 80% loan and funds sitting in an offset account to decrease interest payable. Our aim is to move out of this home in 5...
I have found the tax tip #1 from Terry about parking the redraw money into the offset account. I wonder if there is a way to prevent the redraw to...
Hi all, Currently planning to convert my current ppor to an IP to upgrade to a new ppor. Wondering if the loan structure below is the way to go...
Dear experts, I just bought an investment property using equity. I am setting up loans and accounts to achieve deductible interests. I have read...
if you replace a faulty wall gas heater with an electric split system, is it tax deductible?
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...
If you have established a private company to invest in real estate (and wholly own the private company) and you personally borrow money to make...
Hi All, Need some help. currently I have the following loan structure Owner Occupy Loan A: 500K variable P&I with offset (all money in goes)...
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