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The relationship between redraw and interest
Reply: 1.2.2.1.1 From: Dale Gatherum-Goss Hi Amber! > >We have since redrawn this >deposit and purchased the >house. We do not plan to rent >it out in the meantime (to >save stamp duty) therefore it >will be our PPOR. By putting >our deposit on this loan and >then redrawing it to pay for...- DaleGG
- Post #8
- Forum: WebBoard Property Investor Forum Archive
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The relationship between redraw and interest
Reply: 1.2.1 From: Dale Gatherum-Goss Sssssh Rolf! I'm onto a good thing here . . . I just got someone to agree to bring chocolates and wine with their tax stuff. Seriously, yes, the offset account will make a difference and make life easier. Have fun Dale- DaleGG
- Post #5
- Forum: WebBoard Property Investor Forum Archive
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The relationship between redraw and interest
Reply: 1 From: Dale Gatherum-Goss Hi John! The answer is to take your long suffering accountant either chocolate or alcohol when you present such a problem. The larger the number of transactions the more gifts you should bear. Seriously, it is a problem and the only way around it is to use...- DaleGG
- Post #2
- Forum: WebBoard Property Investor Forum Archive