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  1. J

    FAQ: The dreaded Land Tax

    Land Tax & Family Trust Am i eligible to claim land tax threshold in NSW? Please tell me I am. Property owed by XXX Pty Ltd as Trustee for XXX Family Trust which myself and wife are the beneficiaries. On the State Revenue website, it defines the following. A fixed trust is a trust where...
  2. J

    Replacing Steel Windows With Wooden Ones

    Hey Tizzi, was labour expensive to remove the steel windows? Do you remember the cost?
  3. J

    Replacing Steel Windows With Wooden Ones

    Has anyone had any experience with replacing stubborn steel windows? The house was built in the 60s with original steel windows and I hate them. They are ugly and they rust. Ive heard its quite hard to get steel windows out. Is this true? I will be expecting some brick damage How...
  4. J

    what to do with cash?!?

    I would split the money and put it into 2 properties. One in Sydney within 5 kms of CBD and the other in another as your PPOR. Your cash will be the deposit on IP Sydney mortgage loans and make sure your rent will completely cover your mortgage payments. Your properties will be postively geared...
  5. J

    HSBC Cheated On Me!!!!! Need Help!!!

    Update I finally read the docs and it says the bank has the right to request for additional security within 5 days if the loan is above the approved LVR of the property. The relationship manager was nice but vague about my situation. I was nice to him but annoyed. Apparently if the A$ drops...
  6. J

    HSBC Cheated On Me!!!!! Need Help!!!

    Myself and the bank discussed exchange rate risks but the bank told me they will not call in the loan if the repayments are up to date. The loan is over 30 years, the $A will no doubt go up and down over 30 years. The bank emailed me today and asked for additional security since the LVR is...
  7. J

    HSBC Cheated On Me!!!!! Need Help!!!

    Verbal or not. Hasn't HSBC broken the law by lying? As an Australian Financial Service provider, ASIC protects consumers from misconduct/ misleading information/ non-disclosure of risks by AFS members.
  8. J

    HSBC Cheated On Me!!!!! Need Help!!!

    Only verbal
  9. J

    HSBC Cheated On Me!!!!! Need Help!!!

    I am a HSBC Premier customer (high value client) and have an excellent mortgage history with the bank. (had previous mortgage loans with the bank and never missed a payment) Approx 2 months, i took out a loan in a foreign currency (HK$) loan maxing at 75% LVR- taking advantage of the 4%...
  10. J

    Buying "expensive" PPOR as IP

    Ive done exactly that My GF and I recently bought an expensive 5 bedroom house with pool in Sydney's north shore 8 weeks ago. We are both in our late twenties, not even engaged and have no children. We will marry in the next 18 months and have children in about 5 years time. We will move...
  11. J

    Would you rent to 6 people all under 20 years of age?

    I have a 6 bedroom house available for rental in Sydney's affluent North Shore. The house with worth approx 1.5mill will pool etc. The house has been vacant for the past month and we are eager to rent it out. A director of a small company in Newcastle recently visited the property and...
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