Recent content by pcyc

Thanks Aaron and Dan I have always thought that the legal way is the $300K and the purpose of loan test applies. Apart of Option 2 mentioned, would you have any other ideas of maximising the negative gearing option based on my current loan of $300K? Another option I thought is to sell...

Dear forum members I'm a newbie and appreciate any veteran or expert to advise me. Here's my situation. My wife and I have a house in Melb as PPOR. The property is worth $600K and our remaining loan is $300K. I'm planning to move to 2nd house in another suburb as PPOR and rent out this...