Refinancing house and turning it to IP in the future tax help

You would need to get personal advice around your specific circumstances, but generally a dollar for dollar refinance would be OK.

 

@mighty888 , why don't you come to below meetup and catch up with like minded people. It will be good start....
VIC - Melbourne East Get Together. Shoppingtown Hotel Tues 9th August

 

That is a great idea!

 

@Terry_w I think I am in the same situation as mighty888. Was wondering if I could get in touch.

Thanks!

 

Yes as long as you understand i charge for advice.

 

Yes, I called your office and left an email message so if you can PM me or email me back with details that would be great.

Thanks!

 

You are on a forum called property chat that you must on some level consider it of value, hence the questions.

You are asking a tax and loan structuring question.

A forum member with a fair few posts and who has already provided you with some good info, @Terry_w , has also linked another threat called tax tips #87, which indicates at least 87 different tax tips.

This same forum member has an avatar called loan structuring and, next to that, its says hes a tax advisor, solicitor and mortgage broker too.

Call or email him. Make an appointment. Pay him for his valuable time and even more valuable advice. Leave his office with some clarity and actual advice re your situation.


It really is that simple.