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Hi all I am a complete notive in IP. I have one IP which has become a positive gearing investmnet (not a big $$ though). The loan at the moment is an interest only loan. Shall i change the interest only loan to principle+interest to return to negative gearing? cheers

Hi, we are thinking to purchase an IP in Launceston. The price of the house is about 260,000, and currently tenanted at $315 a week. It is a brick house, woodenwindows, 3 bedrooms, 4 cardports, and the double garage has been converted into rumpus room with sliding doors(still need to do somework...

Hi all I went to the CBA yesterday and gave all the doc, and informed them about my new financial circumstance (with reduce credit card limit etc.) I was given an approval of 300k loan. I also shopped around with other banks, but their rate are not much different with CBA. No discount either...

Well not quite. We are moving to Tassie soon. we "own" a house in the act worths min. 550k, with mortgage 270k. when we finally go, will rent out the house with rent of $500 per week (conservative estimate). Before my wife resigned from work, we can borrow up to 550k, but if i am to borrow the...

Good afternoon to all, I am wondering if someone could tell me a good/approachable accountant with reasonable rates in the ACT or Launceston (Tasmania) who knows Investment property related tax? Thank you NB: I am moving to Launceston for a new job soon, but my IP will be in the ACT.

I am new to this forum and new to property investment, so please be kind and patient. There are a few questions i need to know before i engage an accountant. Here is my condition. I own a property in the ACT and still have a huge mortgage (about 250k). But I got a job and will move to Tassie...