Search results

Hey Guys I tried searching the treads on here and the ATO website regarding default interest but failed to find a suitable answer to my question. My question:- Can default interest (due to delayed settlement) be claimed as a tax deduction or should it be capitalised. Logic tells me it...

My scenario: I am close to settling an IP. I have a rate locked a fixed rate of 7.99% (one of the best around i think) for 10 years. Should the rate drop below this in the coming years, which it most probably will, i will pay the switching fee and switch to variable. Two questions...

Hey Guys My first post! I have been on the forums for the last few months and read many many threads, both old and new. So...I am about 2 weeks away from settling my first IP. I have a few questions i am hoping you guys can help me with. The house is a 3 bedroom single bathroom with...