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My younger sister is looking to purchase a property up in Darwin and is quite inexperienced. I was wondering if anyone had any recommendations for a good mortgage broker up in Darwin that may be able to assist her. On a similar vein, an internet search turned up loanmarket.com.au has anyone...

Gday all, Has anyone got any opinions on the subject suburbs (ie Williamstown, Newport or Yarraville?) We're looking to invest up to 750k in a 3 bed property in one of these suburbs. We'll live in the house for about 18 months and then it will become a rental. To maximise rental return...

Hi all, I figure the easiest way to ask my question is with a scenario. a) Bob buys a property for $200k (with a loan of $160k) b) Bob lives in it for 2 years then moves out and moves in with a mate. When moving out he refinances his loans from P+I to IO and also gets a LOC for any spare...

Hi, I have what will hopefully be a fairly simple question about LOCs and offsets. We currently have two IPs and no PPOR (living in UK). Against one of the IPs we have 3 loans and an offset. The loans are: $145k - fixed IO fully drawn $128k - variable IO fully drawn @ currently 8.86%...

Hi all, I'm pretty sure that the cost to prepare a depreciation schedule is tax deductible, but does anyone know under what section of the ITAA this is allowed? I'm trying to work out if: a) for a new IP, I incur this expense between contract date and settlement date is it deductible? (I assume...

Hi all, I'm a little worried that we may be getting ourselves in to something that we may not want to get in to here. Here is the situation: Did some research on infochoice.com.au and found a loan company that seemed really good. They listed their max LVR as 97% +LMI (up to 100%). Had good...

G'day all, Well after lots of reading of posts and a couple of replies here and there I thought I'd post our little story. In the next month we will be going from none to 2 IPs. :) This is occurring as we have just gone unconditional (settles on 10 Aug) on a new IP in Chermside and we are...

Hi all, Looking to get a PM for our first IP and have a couple of questions about what is 'normal', or at least your thoughts on a couple of things. :) Property is in QLD. 1. Water usage - The PM contract they've given us says that the tenant will pay for 'excess water usage' and that...

Setting out on the IP adventure Hi all, In about 6 weeks time, we will be moving out of our PPOR and it will become an IP. Is there anything special we need to do with respect to our loans for the interest to become tax deductible? At what point does the interest become tax deductible? I...

Hi all, Well this is my first post on this forum so hi everyone. Looking forward to learning lots as I read through all the wealth of information on here. At the moment I have what I will will be a fairly simple question though. We are just about to move overseas and will be converting our...