Recent content by tinky

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    How does an offset account impact on tax deductions?

    hmmm thanks for your comments. currently we have some surplus money in a redraw account (before the days of offset accounts). We are currently refinancing and getting one large loan which will include our current investment mortgage (with redraw) and a new investment property. It sounds like...
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    How does an offset account impact on tax deductions?

    Hi all, As you are all so helpful, I thought I would clear something up which I'm not 100% sure about. We have an investment loan for our investment properties. We currently rent so don't have a PPOR. Our offset account gets all our salaries paid into it and is what we use to live off. As...
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    If I pay the stamp duty upfront for an Investment Property, can I deduct it?

    Someone who I don't trust 100% when it comes to money matters which is why I thought I would investigate. I thought it sounded too good to be true. Thanks everyone.
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    If I pay the stamp duty upfront for an Investment Property, can I deduct it?

    Hello all, I'm hoping you can help. We are about to purchase an investment property and will be borrowing more money to assist in funding it. We currently have money in our redraw account and I was told that if I paid the stamp duty portion of the new house with these funds (rather than...
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    Buying Land

    Thanks for your help everyone :)
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    Buying Land

    Thank you to everyone for the information in this thread, it has helped me clarify some things which I wasn't sure about. Phil, could you please advise the names of the publications that you refer to above from the ATO as i'm interested in getting the same ones sent to me. thanks in...
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