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I guess my concern although a very small one is I will be loosing my small tax return that we currently use for non investment stuff(we currently have a tax variation in place) as we start to achieve profits from shares. Profits are great or better but the profits go into an account that the loc...

Hi. I don't think it has to be proportioned by prorata. I think it is accepted that as long as you pay of the debt associated with the initial purchase. Then it's all good. Example A fully drawn loc 50% used on property a. 50% on property b. 10 years down the track you sell property a. You...

yeah i can confuse easily. I should explain the share transaction account better. I have a savings account linked to a westpac broking account. When i buy shares funds are withdrawn from this account. When i sell funds are placed in the account. To finance the purchases i transfer funds...

Hi all. I imagine many people starting out with property still manage to get a bit of a tax return. even with an income tax withholding variation. normal deductions may still see them get some cash back at tax time. this is where i am at the moment. My extra funds from the variation straight...