I refinanced my mortgage on my PPOR. It is a $200k loan, but I have $150k in savings available in redraw, so have $50k owing. At the same time I...
In general buyer’s agent fees are not deductible. However, it will depend on what the fee charged is for and what the tax position of their...
There was a law change many years ago, around 2017 I think, that now generally makes it no longer possible for residential property investors to...
Hi, I am thinking of setting up a unit trust with a few other people to pool together our resources to purchase an IP. The idea is we each draw...
Apologies if this has been covered on other threads but I couldn't find anything that explicitly answers it... I have two IO loans, both of them...
Hi all, I have an IP loan worth $625k with $25k available for redraw. I'm in the process of refinancing to another bank and want to the new bank...
I purchased an investment property in my name. The loan is in joint names. The repayments for the loan comes from a joint bank account. Are my...
Hello Guys, one question in regards tax deductions related to property. In the given scenario where one is thinking on buying a property to use...
Hello Folks, I am looking at setting up below structure: Current: PPOR loan (variable) - 525k - Have redrawn 75k and used it for IP deposit -...
Ok how would this work? Property 1 geared to 60% Property 2 geared to 80% when acq (recent) Attempting to refinance both inv loans to new...
Where a person is currently renting where they live and are planning on moving into the property at some future date then it is possible to debt...
Pulling some equity and so looking for your wise advices. So much thanks in advance Loan A - property 1: P&I OO Loan B - property 1: P&I OO...
I spoke to a bank today to ask about re-categorising a loan from investment to owner occupier. It's a mixed-purpose loan, predominantly for...
My friend is returning soon to live back here after an overseas posting. They own two homes. They are deciding which one to live in. Both homes...
I called my bank yesterday to ask about opening an offset account against a loan to sit some funds in for a few months. I said "I know I can...
I self manage a block of units, as well as doing the majority of the maintenance tasks. I have read the ATO's Rental Properties Guide and am able...
Hello guys, Just wanted to check if you can claim reports purchased from Hotspotting or Residex as tax deductions? Can we treat them as part of...
Hi all This may sound dumb, but have anyone (assuming high income earners who can secure loan without problems) tried to apply for owner-occupier...
Hi all, I purchase an investment property using a deposit bond and then cancelled the purchase because it has gone pass the sunset date. During...
Am considering buying houses in some regional towns 1.5hrs drive from CBD. Some of the properties require significant work which I can do, and...
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