Recent content by IshQ

Have a look at rochedale south.... new land release in that area (rochedale) is priced at average of $350k while houses can still be had for $370k plus... Rochedale is ear marked as the next big development preseinct due to the availabity of land to subdivide... something which is becoming...

Thank Mry. Do you have any links / supporting documents?

Hey Guys I tried searching the treads on here and the ATO website regarding default interest but failed to find a suitable answer to my question. My question:- Can default interest (due to delayed settlement) be claimed as a tax deduction or should it be capitalised. Logic tells me it...

Thanks Guys! Thanks Rolf. the 10 year is with NAB. I signed the docs over the weekend. looking at current rates @ 5 year fixed, i would be paying the same in interest as i would be paying to the NAB for P&I. Do you think i should look elsewhere and just bear the higher fixed rates for...

Well Done! and i thought i was doing good getting a property at $30K below asking!

My scenario: I am close to settling an IP. I have a rate locked a fixed rate of 7.99% (one of the best around i think) for 10 years. Should the rate drop below this in the coming years, which it most probably will, i will pay the switching fee and switch to variable. Two questions...

Correct me if i am wrong. The reason for not giving cross collateral against your PPOR would be to reduce exposure of risk to your PPOR. (or any other property for that matter). However in the scheme of things, if something was to occur to you financially and you were being sued etc all of...

Thanks for the help guys.

Hey Guys My first post! I have been on the forums for the last few months and read many many threads, both old and new. So...I am about 2 weeks away from settling my first IP. I have a few questions i am hoping you guys can help me with. The house is a 3 bedroom single bathroom with...