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Interesting thought... Has anyone considered trying to use a credit card to move funds into a mortgage offset account through a 3rd party service? You could then benefit from lower interest on a mortgage and potential benefit from credit card points. I know that the last thing you want is...

Couldn't answer my response to you Biggles? yeah, better sidestep it with an insult. You'd make a great politician!

Please show me one major lender (non mezz) that will lend 95% to first home buyers post financial crisis ? I'd like to see that. My fiancee and I needed a 20% deposit just like previous generations, except as I said, for us it's 20% of a far higher capital value for a whole lot less property...

Being a "Gen Y" young lad I have to say I'm sick and tired of hearing about how "lazy" my generation is and that we are the "want it now generation" which deserves no sympathy for struggling to enter the property market. The facts of the matter are clear: 1) Baby boomers and Gen X had a...

I don't think Australian +cf properties make sense unless you can secure 100% finance and still keep the property +cf. Also you must be absolutely sure there is significant demand for your rental property. and hopefully get some growth out of it aswell. Why do I say this? 1) If you don't...

Well the very fact that the Government allows me to keep the FHOG and rent the property as long as I move in within 12 months seems to validate the fact that they still view it as a PPOR..... imho. :p

LOL - very true Biggles! :) Look I'm just trying to make sure I don't pay too much tax. I'll pay what I must but I won't tip them because they certainly aint doing a great job! I hope my strategy of moving in for 6 months, then renting it out for 6 years, enjoying the interest deductions...

Alright...thanks for the clarification on this. I won't be claiming the main residence exemption on any other property so that wouldn't be an issue. So would 6 months living in it, from 1 January 2011 before we decide to rent it out for 6 years (and go and rent ourselves) be enough to claim...

Would my solution of getting a valuation done before we move in eliminate the CGT issue? Assuming that the valuation states that over the time it was rented, the property never increased in value. Ie: on January 1 2011 when we move in, the property is still worth exactly the same as it was when...

Hi guys Just a quick CGT question from me after having read heaps of threads (not yet found one relating to my situation!). I purchased a PPOR with my fiancee on 15 October 2009 and claimed the FHOG for doing so. January 15'th 2010 was settlement and we had the place rented out on 1 Feb...

Hey guys I have recently purchased a PPOR and have been reading some posts on the forum here, decided to sign up eventually :D Looking for some guidance on CGT here for a PPOR turned IP. Bought the PPOR two months ago and settling this week. I am actually considering using the property...