Recent content by Graham73

Thanks everyone, I was looking for worse news than that (to justify staying in Aus!). Seriously, that's great info which will go in the file and keep my accountant honest! Regards, Graham

Hi Terry, Thanks again, that sounds good. The CGT shouldn't affect me too much as I rarely buy shares that go up in value!! I appreciate your help.

Hi Terry, Thanks for your reply. So you can use those losses in future years even if you don't hold the assets (IP) which generated the loss anymore? Interesting with the shares/CGT. Would that sort itself out on return to Aus too (ie credits for tax paid whilst away)? Thanks very much...

Hi Everyone, Just a quick question if I may (did a Somersoft google search but couldn't find an answer): I'm considering heading to the U.A.E. for 3 years and am having a rough look at income/tax etc. I'd get some advice from someone like www.smats.net before getting serious but I have a...

Hi Everyone, I haven't had a good look yet but here is a link with some details: http://mortgagehouse.com.au/home-loans/conservative-home-loan.aspx?WHID=647650&SID=15&CD=&PID=20027 Regards, Graham

Hi Rolf, I'm currently with ANZ and do use offset accounts. On a 0.9% discounted rate. Regards, Graham

Hi Blitzkrieg, Marty and Simon, Thanks for your replies. Yes, definitely a dud deal if it reverts to say 7.35% but was interested to see if anyone had negotiated a discounted variable rate. I'll contact them and see what they offer on my loan balance, will post my findings later...

Hello fellow investors, This sounds like it's too good to be true! Has anyone refinanced to get this 6 month 2.98% special rate? If so, what discounted rate were you able to negotiate after the 6 month intro period? I know, if it sounds too good.... etc but thought I'd see if anyone...

Thanks for the replies, I've since found a Somersoft thread regarding the ANZ Breakfree package and having more than 1 offset account. Apologies for not doing a google search first. It sounds like they are not shy in taking fees for the 2nd, 3rd offset accounts despite having a customer...

Thanks for your replies The7 and Terryw. I agree with you both. If they were LOCs I think it would be much simpler, but unfortunately they are not. I think an offset account against each of the smaller loans will keep things tidiest, keep the accountant happy and make my life easier if...

Help please!! I have a PPOR and an IP, valued at $800K and $562 respectively. I have just refinanced the 2 mortgages with ANZ as they are giving a 0.9% discount at the moment.http://www.somersoft.com/forums/images/smilies/smile.gif Now, in addition to the 2 original loans of $580K and...

Thanks Propertunity and Y-Man, Using a 2nd lender when the total loans > $1M sounds like a good idea. I am currently in the process of getting approval (through a broker) for about $1.4 with CBA.. (Have existing loans totaling $1M, buying a 3rd $500K property soon) Perhaps I need to rethink...

Sitting here on this grey day I am thinking about worst case scenarios... I know I should know the answer to this question but: Lets say you have an IP purchased this year for $500K. For simplicity, lets say this is your only property. You took out an 80% loan for $400K with one of the...

Hi Jacque, Was thinking about possibly Perth or Brisbane. Perhaps even Adelaide. Like everyone else I'd love to pick up something with good medium term capital growth. I have my home and an IP in eastern suburbs of Sydney and thought a third in Syd might be putting all my eggs in the one...

Thank you both very much for your replies. Although I am still in the planning stage, I am pretty sure that I will use a buyers agent for a purchase soon. Are there many agents that have offices in other capital cities? I am considering somewhere outside of Sydney for some diversification (this...