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The best place to search for a plan and find out what people are saying is http://www.whirlpool.net.au/. It has a forum (much like this one) except it's dedicated to internet plans and technology rather than investment properties.

Welcome to the IP game pawprints. Care to share any details about your purchase?

Sounds a little expensive to me. My PPOR and first IP cost $650 all up. Ben

Thanks Tracey. That's good news for me but bad news for Fee :(

Hi guys, I'm interested to know if Fee had an offset account associated with the IP loan would he be able to temporarily park those funds and withdraw at a later time without losing the tax deductability of the IP loan?

Hi GoAnna, Great job on the apartment. May I ask the approximate cost of using the photographer? Thanks Ben

Variable rates for PPOR & IP 8.67% and LOC 8.77% with ANZ

I'm just signing up with my first property manager. In my initial telephone conversation he quoted 7% but then reduced it to 6% with a 1 week letting fee and no monthly statement charge. Then I rang back to confirm all the prices and services and he dropped it down to 5% + GST and I didn't...

I just finished putting up some stack stone on a feature wall in my backyard. I ended up paying about $65 a sqm from tjimports. A really good price. You can find them here http://www.tjimports.com.au/ You also have to purchase the bonding cement and isolastic but those materials are...

Hi all, I just stumbled across this article in The Age about a new tax ruling for capitalising interest. Thought it might be of interest. http://www.theage.com.au/news/tax/it-shouldnt-be-nearly-as-taxing/2008/06/21/1214009160309.html

Just a quick note to say the issues have now been resolved. Thanks to Michael Whyte for helping me out. Ben

Hi again, Thanks for the feedback. There'll be a new release shortly so the site may be down.

Yes you are right Belu. One to many days in my calculations. Luckily for me 2008 is a leap year and actually contains 366 days. Looks like I lucked out on that one :D

Hi all, I was just having a conversation with a colleague about my profit in last nights OzLotto. On a $19.80 investment I managed to make a 3.8% profit. Not bad for one nights work. However he thought it was rather dismal. So I said well if I made 3.8% every day for a year on that $19.80...

Hi all, I'm not sure whether this is going to be of value but I thought I'd put it out there. I've developed an equity calculator that determines how much available equity you can use for investing in property or stocks. It's only a new development so I'd appreciate any feedback. You can...

Hi firstmillion, I've created a tax calculator on my website http://www.themoneyorb.com/taxcalculator.aspx. Hope this helps. Ben

Hi Andy, I've updated the spreadsheet with the 2007/2008 tax rates. This was only a minor change with the $6,000 - $25,000 bracket in 2006/2007 moving to $6,000 - $30,000 in 2007/2008. Hope this helps. Let me know if there are any problems. Ben

Hi Andy, Which Excel spreadsheet are you referring to? I may be able to update the tax brackets but there are a few different spreadsheets in this thread.

Lucky you didn't challenge the council otherwise your rates would have increased:D

ThomasAJ is saying that the council is valuing his house at (188K + 351K) 539K almost 90K above the lenders valuation. I just rang the council and was told that the improved value is the house and land valuation. So the council has actually undervalued your house by $100,000 which means...