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  1. R

    Offset account vs partial repayment- Newbie doubts

    I am so sorry guys - you are correct it is CGT not GST :-(
  2. R

    Offset account vs partial repayment- Newbie doubts

    I am so sorry guys - you are correct it is CGT not GST :-(:eek:
  3. R

    Offset account vs partial repayment- Newbie doubts

    Thanks for the response Y-man, Thats a good thread and it seems to use offset account strategy rather then partial Pre-payment. But i think it make sense only if interest rates are not changing much , otherwise its better to pay off through re-payment fastly , does it sounds correct ...
  4. R

    Offset account vs partial repayment- Newbie doubts

    Thanks for the response Terry, EMI - easy monthly installement , the every month money payment which goes to bank. So If i buy a new residential property and sell it later , i will not require to pay any GST ?, i thought stay there for first 6 months to qualify that property as PPOR and then...
  5. R

    Offset account vs partial repayment- Newbie doubts

    Thanks for the quick response Rolf , Can you provide little more detail of pros and cons please , I thought as a loan product , investment or owner property both are same and it doesn't create any difference from bank's perspective . The Idea is to reduce the taxable income at the end of...
  6. R

    Offset account vs partial repayment- Newbie doubts

    Hello Experts, I am a newbie and following this forum since quite time.I am educating my self for buying a IP in coming days, have some questions though. kindly correct me if any of my assumption/belief are wrong- 1) I wanted to take a loan as PPOR , stay there for 6 months then covert it...
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