Recent content by TAG

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    To Fix or Not on IP loan

    Hi All Anyone heard of Smartline product offering 5.86% fixed for 3 years, $330 annual fee and no application fee or other fees. Wonder if any brokers can beat this. I think that is lowest fixed rate product in the market. Thanks TAG
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    Discount with CBA ??

    Does it have to be new loanswith the CBA to get these discounts or can it be on exisiting CBA loans.
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    National Builders & recommending a good draftman in South Eastern VIC location

    Anyone used National builders to manage their building project. Any thoughts on the quality of their work. We have a corner block wanting to put 2 new town houses located in Mount Waverley and looking for a exceptional draftsman and good builder that is competitively priced. Looking for...
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    Keysborough

    We bought a investment property recently in Nov 2008. The neighborhood is good place to live and a lot of demand from renters.
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    Why have my fixed loan break costs suddenly halved?

    Which bank was that from?
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    Accumulation of property in the Discretioanry trust

    Hi formites, I have a few properties that are heading towards +ve CF and would like o pay down some property loans held by the Discretionary trust name with my own salary as well as any trust distribution income that it received from another family Trust( family business) So how does this...
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    Interest deductible?

    Hi all, This is a taxing question! The Bank has set up a home loan for our PPOR with a misa attached say 500K. We have paid down in the misa account equal to $500K. We are now looking to buy another PPOR (PPOR 2) and make the first PPOR as an IP. We want to draw down the misa of the...
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    Lenders Mortgage Insurance + Registration fees to titles office- tax treatment?

    These items on an IP how are they treated for tax. Lenders mortgage insurance - sounds like borrowing costs amortised over 5 years. Registration fees payable to titles office - should be capitalised to the cost of the IP. Could an accountant second this as correct. Thanks in...
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    House prices tipped to rise

    Anyone read the full BIS shrapnel report If you have, was it a good read and worth the cost of it?
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    Roof repairs and repaint - depreciation at what rate?

    To all the accountants here, we are getting our roofs repaired and repainted, and was wondering if this is a repair and maintenance or improvement. The 2nd question is if we can cliam it as an outright deduction if it is a repair and maintenance, or will it be part of the building...
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    Are all your eggs in the one basket??

    where in Sydney? Hi Lynnee, Congrats on your 3 Ips purchases in Sydney. May I ask where you bought and roughly how much budget we would need to purchase a decent IP in sydney with a 6% net yield? Thanks TAG
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    $5million net equity in 5 years

    Thanks Pete for sharing your great story! In Perth, what types of dwellings did you buy in Perth that gave you the most capital growth eg close to the mining towns or cbd, houses on big land or block of units or new townhouses...etc.. Is it possible to duplicate this in the next 10 years...
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    $5million net equity in 5 years

    We know $5 Million in 10-15 years is achievable. Will let you know once we have achieved it. But also would like to hear from those who have done it already so we can learn from them. Thanks for you inputs so far from those tracking from the earlier stages of their property...
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    $5million net equity in 5 years

    Thats great if you wealthy parents:) How about those who have bulit their portfolio from the ground up. How are tracking in 5 years and 10 years. TAG
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