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Hi I have an IP valued at 400k current loan 290k i would like to increase my loan to 320k (bank is fine with that) the purpose of funds is to use on PPOR renovations (non-deductible) therefore when doing my tax return next year: do i just calculate Interest from July - Oct will be 100%...

Hi, i changed my loan from P+I to IO, and i received around $1,500 during that process. Do i have to include this in my taxable income for the year? where would i include it?

Hi, I live in QLD and it has been 6months since i bought PPOR (first home) with FHOG. Can i move out and make into IP? Do i have to inform OSR? Do i have to pay back the grant? What do I have to do to change it to IP? just change my electoral details?? thanks

If property was gifted to me (not from a will), and i used it as a PPOR, would i have to pay CGT tax when i sell in the future?

hi, my family is selling a property to a developer. if he gets a 10% deposit in 2009/2010 year and say the remainder (settlement) in the in the next financial year. for capital gains purposes is the income separated into each financial year??

Hi, I was wondering if anyone has any good plumbers, carpenters, painters that they could recommend. I live in Brisbane (on the north side). Thanks

to purchase further properties in the future. is it best to get IO loan, so more money in offset to spend? or P+I, and than redraw equity...(is that called LOC)?? which one is the quicker way? i am assumin IO loan??

Hi my family is selling some land, private sale to a developer. just had a few questions: 1. the special conditions say that the deposits are non-refundable. is that legal? 2. what are the things to watch out for when selling to developers? 3. if i uploaded the special conditions could someone...

my cousin bought a PPOR in 2003. Used as main residence until 2006, when she bought another property, which became her PPOR and the first property was rented out as IP (and still is). she is considering selling the IP, would she have to pay CGT on it? I would say no as the 6 years havent been...

my brother bought his PPOR in July, P+I loan. he bought it using the FHOG, after he lives in it for at least 6months (maybe bit more), and then moves out and keeps as a IP, is it beneficial to refinance/change the loan to just IO, so that he can save more money to begin saving for another IP. he...

Hi, I am a newbie and need some help. i didnt know where to put this post. Other/Legal/Accounting...its a bit of a mix. Background:I'm 21 and looking to get into the property market with my brother and cousin. My brother is 23 and just bought his first home in June 2009 for $336k. his current...