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  1. Ruckmauler

    Who's a great PM in Surry Hills (Inner City Sydney)

    Hi There, I'm looking for a Property Manager in Surry Hills? The place seems to be swamped by them but I'm looking for an experienced/trustworthy/competent one. I would rather have peace of mind and pay a little more than the cheapest. Cheers :)
  2. Ruckmauler

    PPoR to IP what should I remember to do

    Thanks everyone - it's good to know I am on the right track.
  3. Ruckmauler

    PPoR to IP what should I remember to do

    Hi - I'm converting my PPoR to an IP. I am worried I might forget something. What I have so far to do is: To ensure I don't lose the primary residence capital gains tax concession, I need to move to my new home before my old PPoR becomes an IP (and to do it as quick as practical) To...
  4. Ruckmauler

    PPOR to IP

    Have you considered borrowing against your IP to invest (direct shares, ETFs, Funds, another IP). Then you will be able to deduct your interest payment. With rates below 5% I would assume taking into account franking credits you should be able to comfortably earn greater than 8% in shares/ETFs...
  5. Ruckmauler

    refinance to buy shares.. tax deduction?

    Thanks Terry - yes I meant borrow against the property. The hope/plan would be to earn more from the investments and rent after tax than the interest paid. On that thought - if I am renting the property - but have borrowed only to buy shares - can I still deduct things like strata levies?
  6. Ruckmauler

    refinance to buy shares.. tax deduction?

    Great reading! I find myself in a similar situation. I have just bought a new home and am trying to figure out what to do with my current unit where I've lived for 10+ years. It's fully paid off so I had assumed I would just sell (and offset the home loan) as if I turned into an I.P I am up for...
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