Search results

Hi, Sorry I did not mean to offend brokers as a whole, I understand there are good and bad brokers just like in every profession. It is just so frustrating when I am told that certain professionals are there to structure your loans correctly (this broker took all my information and so he was...

Al right, Ive figured it out and this was the result. Doing it with an offset account and plucking 50K into it results in a savings of just over $2000 over keeping it in a high-earning savings account. Screw these brokers!!! They don't know what they are talking about.

Can someone explain to me how to calculate how much I can calculate my negative gearing? Example, Gross salary is $75,000 Interest accrued in all accounts for the financial year is $1,300 Thus my current tax liability is the following: $4,350 + 30c in every dollar over $35,000, which...

Thanks guys Im going to do my calculations and see which one works out the best. If you are all interested i'll post my findings with real-world numbers for the benefit of improving knowledge.

I was going to use the offset against the IP, but the broker told me it would be better to place my 50K into a high return savings account and attract high interest whilst maximizing my tax deductables. Is this correct?

Hi All, I am divided on what I should do, I hope there are people here that can help me out. Ive gone through a broker to source funding for an IP that settles in 2 weeks, and he's offered the following as the best products. One that is funded through NAB, its a professional packages...