Search results

I have a few loan accounts with NAB, one of which is $100k with a $0 balance in the offset account for the full Dec 2014 month. Let's assume interest rate I am on is 5%, what amount should I expect to pay for interest taken out of my savings account? I thought the amount should be very close to...

I engaged a buyers agent last tax year and was going to make a purchase, but circumstances changed and I decided not to pursue a purchase this time around. There was a registration fee I paid that doesn't seem to fit anywhere. I don't think it is tax deductible because no income was derived...

Do you guys have recommendations for a gardener that services in the Epping NSW area? After someone good as it is an IP that will be a PPOR down the track :)

I am after recommendations for a managing agent in the Epping/Eastwood NSW area for a house. Does anyone have recommendations for one? McGrath is looking to charge me 7%. Is that normal in your view?

Suppose a house is purchase tenants in common 99 vs 1 for husband and wife. Initially house is leased out at market rent and is considered an IP. After 3 years, husband and wife move into the house and use it as a PPOR. At that point, convert ownership of the house into tenants in common 50...

Hi guys. I am considering putting my PPOR that I have just purchased under a DT or a UT. It will be an IP initially, before becoming a PPOR in a few years. Are there any benefits of having a PPOR in a DT or a UT? What are the implications of living in a PPOR that is owned by the DT or UT...

Bought a house yesterday, which will be PPOR in a few years but IP in the near term. I read around and for landlord insurance, I will go with EBM when we settle get it leased out. I am after recommendations for home insurance. Not after the cheapest necessarily, unless it also happens to be...

Suppose: You are on the highest tax bracket as an employee, your partner has no income You will make an investment in IP's once per year for the next 5 years. Assume they will be profitable after depreciation (e.g. assume net tax profit situation on each purchase, so no negative gearing) There...

Spoke to my accountant today who recommended the use of a unit trust/discretionary trust for IP's. Am hoping I could hear from a broker... is financing more restrictive/expensive with the use of these structures?

Recently found out that I messed up the tax deductibility of my first loan account. I had a loan account that I redrew from and used as my bank account when I received my pay (e.g. sending money between the loan account and my my account when I get my salary or when I need cash - a mess). My...