Terryw's Structuring Strategies

Discussion in 'Investment Strategy' started by Terry_w, 15th Jun, 2016.

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  1. Stegve

    Stegve Member

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    Hi Terry,
    If you were to travel for the sole purpose of performing repairs on the property then travel can be claimed?
     
  2. Yuga

    Yuga Member

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    WoW, can't wait for 5 years to read them all. Any chance they can be bundled into one PDF or Word document? :)
     
  3. Terry_w

    Terry_w Mortgage broker licenced 4 tax/legal advice Business Member

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    Yes, i have them all saved in a word doc. Over the Christmas break I will edit them and put them into a PDF book.
     
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  4. Terry_w

    Terry_w Mortgage broker licenced 4 tax/legal advice Business Member

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    Yes, i have them all saved in a word doc. Over the Christmas break I will edit them and put them into a PDF book.
     
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  5. Grinners

    Grinners Member

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    Extracting additional equity from PPOR loan when the bank only allows one split which has already been used for investment purposes.
    Ie: Whether there is a way to re- adjust your split amounts without mixing loans.
     
  6. Terry_w

    Terry_w Mortgage broker licenced 4 tax/legal advice Business Member

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    A simple strategy for this is to just change banks!

    Is this thread similar to what you are wanting to know?
    One equity split, two properties?
     
  7. Grinners

    Grinners Member

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    Step 1. 100k PPOR Mortgage
    Step 2. 75k PPOR Mortgage / 25k Investment split (via split, paydown, redraw method).
    Step 3. -> Wanting to get to 50k PPOR Mortgage / 50k Investment split

    I can't get my head around how to achieve step 3 without being able to make a third sub account or mixing up loans.

    I think changing banks might be the only option.
     
  8. Terry_w

    Terry_w Mortgage broker licenced 4 tax/legal advice Business Member

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    Hi Grinners

    There is no way to do this without either
    a) paying down the loan
    b) spliting the loan and then paying it down

    The trouble with paying into a loan the second time is it reduces the non-deductible and deductible debt.
     
  9. Terry_w

    Terry_w Mortgage broker licenced 4 tax/legal advice Business Member

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  10. Terry_w

    Terry_w Mortgage broker licenced 4 tax/legal advice Business Member

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  11. Terry_w

    Terry_w Mortgage broker licenced 4 tax/legal advice Business Member

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  12. Terry_w

    Terry_w Mortgage broker licenced 4 tax/legal advice Business Member

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  13. Paul@PFI

    [email protected] Tax Accounting + SMSF Business Plus Member

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    Older post but answer = No. Travel for any purpose is non deductible for resi property unless the taxpayer is excluded eg a company. Not a closely held trust.
     
  14. Terry_w

    Terry_w Mortgage broker licenced 4 tax/legal advice Business Member

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  15. Terry_w

    Terry_w Mortgage broker licenced 4 tax/legal advice Business Member

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  16. Terry_w

    Terry_w Mortgage broker licenced 4 tax/legal advice Business Member

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  17. Terry_w

    Terry_w Mortgage broker licenced 4 tax/legal advice Business Member

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  18. Terry_w

    Terry_w Mortgage broker licenced 4 tax/legal advice Business Member

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  19. Terry_w

    Terry_w Mortgage broker licenced 4 tax/legal advice Business Member

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  20. Terry_w

    Terry_w Mortgage broker licenced 4 tax/legal advice Business Member

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