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  1. K

    How do I get the equity out of my investment properties to reduce non deductable debt

    Hi Bene313, I will be going over this with both my account & my mortgage broker. Thanks once again.
  2. K

    How do I get the equity out of my investment properties to reduce non deductable debt

    Hi guys, Im back after doing a bit of research last night. I found this post really helpful as it just simplified everything for me. Thanks everyone for their contributions too. http://www.somersoft.com/forums/showthread.php?t=56848&page=2 Bene313 - totally understand your strategy. However...
  3. K

    How do I get the equity out of my investment properties to reduce non deductable debt

    My PPR was suppose to be an investment which we ended up moving into. Moving in the other IP is not an option. Thanks anyway.
  4. K

    How do I get the equity out of my investment properties to reduce non deductable debt

    I felt a bit silly asking these questions, but by the amount of visits this topic received in ½ a day, it wasn’t that silly after all! So essentially equity gained from IP’s can be uses as a vehicle to potentially leverage myself into more deductable debt, and the gains made will be...
  5. K

    How do I get the equity out of my investment properties to reduce non deductable debt

    Hi everyone, I really appreciate everyone taking the time to post responses so far. Long time forum reader, first time forum poster! TOBE - I have am in the process of researching debt recycling thanks for your tip. BENE313 – I sort of follow what you’re saying. If I were to execute such a...
  6. K

    How do I get the equity out of my investment properties to reduce non deductable debt

    Thanks YMAN for the quick response. I totally agree with the word hopefully hence my post and wondering how other people may have gotten out of the same problem. Have they put there money in shares, term deposits, etc
  7. K

    How do I get the equity out of my investment properties to reduce non deductable debt

    I have 3 properties, 2 investments and 1 PPR. Unfortunately my PPR has the highest non deductible debt. Both my investment properties are positively geared, with a combined equity of $140K. My accountant suggested I should use the equity from the IP to buy shares and increase non deductible...
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