Recent content by Red Dust

Thanks to all for quick replies. Much appreciated. Terry I am not sure what your comment on 'deductibility of interest' for my niece means...are you able to explain this to me further? Sorry but I'm new to this sort of information. Thanks...

Hi just looking for some clarity around having to pay stamp duty on selling my share of a property. Situation is that I purchased a house in Dec 2013 with my niece and her partner. I have 50% ownership. House is in Victoria. I now wish to get out of this deal and would be willing to give my...

TerryW I am employed by a non government, not for profit organisation in remote area of australia, so have good sal sacrifice opportunities, and have been able to pay into the mortage of the house I have been living in here whilst working, but my PPOR is in Melb.

Thanks everyone. GaryT are you saying that I can claim the 6 year exemption even though the house was originally rented out for 5 months before I moved in?? Sorry just not sure what you are saying and it seems to differ from previous comments above.

Have tried to read through previous posts and on-line articles to answer my particular question, but as often happens, I cant' find a scenario exactly like mine, so I would like to pose this situation for your assistance. Purchased a property in 2002 but couldn't move in as it was tenanted...

My apologies if this question has been raised elsewhere. I have been utilising salary sacrifice to pay into a mortgage I have on an investment property (have been living in the investment property whilst away on work for 5 yrs). I now want to leave the investment property and move back...

Thanks everyone for your replies. Obviously joint loans are a complex area to navigate through. I will certainly follow up with the non-bank leders to see how they may view my situation. In answers to some of the replies: Ergophobia: can't buy out the other as we are both keen to keep the...

This is my first post but have read many of your helpful replies and am often heartened by how much information and experience people are willing to share. Anyway my situation is this: Have two properties in Melbourne, one in Fairfield worth approx $800-900k and owe $410, this is rented out...