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Inner West Thanks all for your advice LE

Hi, I am about to sell a house I have in Sydney. I am not sure whether to sell at auction or not. Can anyone give me some guidance. Thanks

Options LE

Ng Scott Morrison's views on NG. Thank God someone knows the truth. There is an urban myth running around that negative gearing is the province of the rich and should be for ?the high jump?. The facts are that negative gearing is used by middle income Australians, particularly younger...

Structure. Terry, Much appreciated. Thank you. Le

Hi, I have a PPOR with a loan of $420K and an offset account against that with $420K in it. All income (wages, rent etc.) goes into the offset. At the end of the money I transfer all extra funds to my crossed IP offset account. I am looking at investment properties now in the $400K range...

Don't trust financial advisers

Hi Terry, Is there any benefit in selling to a trust. Wouldn't the sale trigger CGT and costs? Thanks

Will do Terry

That's strange, I have the paperwork going through after receiving approval. Anyway..... LE

Me I am not sure about that Terry. I have recently set one up with them LE

Just need to give an exit plan. Dying could be one of them or selling to pay off debt LE

Too old for IPs I just refinanced with ME Bank for a 30 year loan at 64 on IPs not PPOR LE

Am I dead yet? OMG, I wished I had of known that, I must stop doing those 5kms in the mornings and buying IPs at age 64. I was going to implement Peastman's philosophy of selling an IP every 2 or 3 years, I might as well chuck it in and lay down with a nice cup of tea and a biscuit.. LS

Thank you. I will send off for a private ruling LE

Thanks Rixter, Basically, I just want to capitalise the investment loan and put any extra funds into the offset which I have attached to it. This will increase the investment loan (and the offset with the extra funds). I am hoping to place funds into the offset when I sell a couple of...

Hi Rixter, Could you do this using equity in a crossed investment loan using equity within that loan? That is, capitalise the interest. Thanks LE

The word on the street is that ME will lower their variable to 4.99 in February LE

Thanks all for the replies LE

Jamie, Thank you for that post. What are your views on a investment loan with an offset linked? LE