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refinance PPOR, rent it out and then negative geared
What happen if I rent out the Property A?- ringochan_au
- Post #4
- Forum: Accounting and Tax
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R
refinance PPOR, rent it out and then negative geared
Is anyone can explain it in details? Thanks a lot!!- ringochan_au
- Post #3
- Forum: Accounting and Tax
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refinance PPOR, rent it out and then negative geared
Hi I have this situation and not sure I am doing the right thing I bought my PPOR (a unit and we call it Property A) in 2007 and the home loan amount is 200k in P+I. On 1-Oct-14, the principal is only 70k. On 1-Nov-14, I refinance my PPOR and I borrow 400k which I have 330k can be redrawn...- ringochan_au
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- Replies: 6
- Forum: Accounting and Tax