Search results

  1. L

    P&I loan for investment property?

    Agree with the above comments... There really isn't anything to be gained by P&I.. So perhaps you are better off I/O to keep your options open!
  2. L

    Debt shuffling and tax deductibility

    Bugger... I had a sneaking suspicion that may have been the case Terry since I was not using the funds to acquire new investments. Nope certainly not worth the fuss! Especially with the timeline I will be paying out IP2 loan in! Thanks for your reply.
  3. L

    Debt shuffling and tax deductibility

    Hooray... Not that it is any of your business... But I live out of home (but I do not pay), in a month I will be working full time at my well paid job and am only looking at properties in my area of interest that have a 6% return... Whilst I am not risk adverse with my own assets.. I would not...
  4. L

    Debt shuffling and tax deductibility

    Hey Jess! Thanks for the speedy reply! That is a particularly good idea! The only slightly inhibiting factor is that IP1 loan only allows me prepay approx 47k... But you are right it is certainly better to keep as much surplus funds in IP1 Loan as possible to minimise interest payments. Only...
  5. L

    PPOR & Six year CGT exemption

    Renting out part or all of your home ?You may not be entitled to the full main residence exemption from capital gains tax (CGT), which means you'll have to pay CGT on part of any capital gain made when you sell your home.? Hypothetical!Future planning I would LOVE some thoughts on! I buy...
  6. L

    Debt shuffling and tax deductibility

    Hey All! I have had a great time reading your forums for the last few months and I finally got around to signing up! I am really excited to join the SS club ;) A little about me... I am 20-something just finishing up my undergrad studies which is very exciting! On an impulse of sorts with...
  7. L

    Rent vs Buy: An Australian "Cost Comparison"

    I am currently living almost rent free... BUT in the near future I will likely have to move for work! Most likely I will look at getting a PPOR so I can enjoy all the benefits (okay mostly CGT exemption) but will then rent as where I want to rent is not a great place to buy... A building that I...
  8. L

    So what did you sacrifice?

    I am not old enough to complain about sacrifices yet... I am only two years into my sacrificing! Biggest sacrifice will probably always be time with loved ones as I work as much over time as possible! In general though, all the usual culprits... Lots of packed lunches, minimal take out, no...
  9. L

    PM rant

    Eekkk... I admit this is one of the things I enjoy about self managing... I know there is no conflict of interests ;) It should not be hard for an agent to act within their authority!
  10. L

    Land overlooking fence and high voltage box??

    I think it is an instant turn off! Not a problem if it is your forever home... But will make selling a bit of a pain!
Back
Top