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Hi Terry, Is this considered equity: Paid $30k cash deposit for IP. Purchase price $330k (and assuming that's current market value). Loan amount $300k. Is the $30k an 'equity' already? I was always thinking that the house value has to increase for me to have equity? On that note, if...

Thx all for the responses! In regards to 'use equity for IP/shares and use tax paid cash for private stuff', which I read in some other thread/post (sorry if I've taken it out of context, or it's not applicable in my situation) For someone starting out I'll just have to use cash don't I...

Hi guys, 1. Single. Noone else to put money to. 2. Sorry for confusion - I just put that figure there for calculation-simplicity sake (ING is 3.6% 1 year btw)

Hi all, For someone who has NO non-deductible loan: Question 1: can someone please tell me which of the following point is correct or it depends on individual circumstances? * offset for IP loan is futile * offset for IP loan - interest saved is still greater than potential tax...