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  1. V

    How to extract equity out of a property?

    would i just go to NAB or ANZ or whoever and ask them that i want to take equity out of my existing property etc? Cheers!
  2. V

    How to extract equity out of a property?

  3. V

    How to extract equity out of a property?

    Hello I have one property which I purchased about 3 years ago. I am looking to buy another one by using equity (if any) from my existing property. My current loan is with Westpac. I went to Westpac, they said in order to value and see how much we can pull out they would need to apply...
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    Weekly vs Monthly Interest Payments Explained

    Hello I currently have one loan with Westpac. Paying interest only. I am repaying the loan on a Monthly basis. I realize that if I was to pay weekly, my total interest repayment would be smaller as I won't be paying interest on interest. I called Westpac today and they said that I...
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    Buying in Melbourne (my 2nd property) tips

    Hi Guys I currently hold one property in Elwood (apartment) and am looking to purchase my second one. I have released equity from my initial property and am looking to buy a new one around the 300-350k mark in Melbourne. I'm looking for a property with land which I can potentially develop...
    • val1239
    • Thread
    • 2nd property equity access loan market value melbourne
    • Replies: 2
    • Forum: Where to Buy
  6. V

    Looking for a 5%er Accountant

    By 5%er I mean an accountancy firm which has been established my an individual who has set himself financially free. I need my accountant to understand how to generate massive wealth through unconventional ways of accountating (5% accounting :-) ). James GG looks like a fantastic option...
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    Looking for a 5%er Accountant

    Hey Guys! I am looking for an Accountant who is themselves financially free in Melbourne. Any recommendations? Thanks! Val.
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    PAYG Income Tax Withholding Variation Application (ITWV)

    Great replies guys. So you must have an investment property to be able to vary your tax? Cheers
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    How I got from just a PPOR to multi millionaire retiree in 5 years using only OPM.

    Which share recommendation site are you using? How has it performed? Cheers mate
  10. V

    First Home Owners Grant/Trust

    Thanks alexlee. Much appreciated. Which books do you recommend?
  11. V

    First Home Owners Grant/Trust

    Fair call. Although as I am looking to purchase further properties down the track (portfolio of over 10 properties). If they are all in my name I hear it is putting unnecessary risk on myself? I have to say I am not clear on how structures (trusts, etc) work. Many seminars I have been...
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    First Home Owners Grant/Trust

    Reason to open a trust would be because I would like to pay for my property before tax. I assume I need an ABN to claim the interest as a tax deduction.
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    First Home Owners Grant/Trust

    I am a first home buyer and will be living in the residence for the first 6 months to be eligible to claim the grant. After 6 months, I would like to rent this property out. Question 1: If i wanted to transfer this property into a brand new trust after the initial 6 months what fees would...
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    PAYG Income Tax Withholding Variation Application (ITWV)

    Thanks jaycee, how can this benefit people who are PAYG income tax payers? thanks.
  15. V

    PAYG Income Tax Withholding Variation Application (ITWV)

    Hi, I am brand new to this forum and was interested in finding out about ITWV. Has anyone applied for this Tax Withholding, if so, how does it work in simple terms? Appreciate it. Val.
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