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  1. K

    Paying IP expenses from LOC

    Do you also put any of your tax return back into your investment LOC to keep it down? Or did you at some earlier point?
  2. K

    Paying IP expenses from LOC

    Yeh i suppose it doesnt really matter where you live in this day and age. Thanks, Jess and Coota9 for your input KJB
  3. K

    Paying IP expenses from LOC

    Cheers mate.. I thought i was goin nuts for a minute there! Did you get a private ruling in place to this effect? Also I think i read on a thread that you lived in Perth at one stage? Would you recomend an 'Ip savy accountant' in Perth, (or any one else reading for that matter) Thanks
  4. K

    Paying IP expenses from LOC

    I thought I had my head around this, but i just had a chat with an accountant whos thrown me right off. Could someone please confirm this for me? i dont know if he misunderstood me, or is wrong, something has chagned or if im just very very thick :) Im looking to buy an investment...
  5. K

    Paying IP expenses from LOC

    Just out of curiosity... is it just the one LOC you have to take care of all of your IP's interest/holding costs? if not (and if its not too nosey), how many IP's to each LOC do you have?
  6. K

    Paying IP expenses from LOC

    Hi First time poster, have been reading/researching threads on SS for a couple months now and am hoping to purchase IP #1 in a couple months. Glad i came across this thread/stategy before i commited to NG a property out of my income/savings! Apologies in advance for any noobish questions...
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