PropertyInvesting.com | Ailime | Activity https://www.propertyinvesting.com/members/ailime/activity/ Activity feed for Ailime. Sun, 12 Apr 2026 01:45:16 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 63bb55a6fbd338bc6f4f3dc0b5ed6b07 Ailime replied to the topic Is this interest really deductible? in the forum Help Needed! https://www.propertyinvesting.com/topic/4409342-is-this-interest-really-deductible/#post-4690698 Tue, 14 May 2013 09:41:55 +0000 Thank you so much for the reference from tax law, Terry!

]]> 6b9e60bbeec46e527fc8e9222b689ea2 Ailime replied to the topic Is this interest really deductible? in the forum Help Needed! https://www.propertyinvesting.com/topic/4409342-is-this-interest-really-deductible/#post-4690699 Tue, 14 May 2013 09:21:40 +0000 Totally agree with you, Derek!

]]> e87174441377668727d482adcd303bf0 Ailime replied to the topic Is this interest really deductible? in the forum Help Needed! https://www.propertyinvesting.com/topic/4409342-is-this-interest-really-deductible/#post-4690697 Tue, 14 May 2013 09:17:40 +0000 Thank you so, so much, everybody!
Really appreciate your responses.

I am going to send this to my sister and BIL :)

]]> 07e128624e52bf0e6949cd3edd12984e Ailime replied to the topic Is this interest really deductible? in the forum Help Needed! https://www.propertyinvesting.com/topic/4409342-is-this-interest-really-deductible/#post-4690691 Mon, 13 May 2013 22:24:51 +0000 Thank you so much, Jamie and Tom!

I am glad to know that I gave my sister and BIL the correct information.

What sort of risk (especially from law &/ tax point of view) may my sister and BIL face, if they follow their accountant and friends' advice and claim the interest of the redrawn amount as tax deduction?

]]> 9341b9183a4f1494a4ef9ac57e63eb12 Ailime replied to the topic Is this interest really deductible? in the forum Help Needed! https://www.propertyinvesting.com/topic/4409342-is-this-interest-really-deductible/#post-4690688 Sun, 12 May 2013 22:39:59 +0000 Thank you so much, Tom!

Your response made me think…

Does doing it in the following order make  a difference to their tax deductibility?
1. Redraw from loan 1 the maximum redrawable amount, turning the loan balance into its original amount.
2. Park the money in a separate saving account (to be used later as PPOR 2).
3. Turn the PPOR1 into IP,…[Read more]

]]> 4de8d2e0de4f5ca7f73bb12965e56ddf Ailime replied to the topic My little girl :-) in the forum Forum Frolic https://www.propertyinvesting.com/topic/4409163-my-little-girl/#post-4689664 Wed, 24 Apr 2013 13:49:11 +0000 Congratulations, Jamie and family!
As others have said, the broken sleep does not last forever and your body will amazingly adjust to it.
Not long to go until you 'catch' yourself singing her favorite song in the office :)

]]> 55a5cded6967ae84e4d8087093542f3c Ailime replied to the topic Question on Online Saving Account in the forum Help Needed! https://www.propertyinvesting.com/topic/4409107-question-on-online-saving-account/#post-4689301 Sun, 07 Apr 2013 10:19:37 +0000 Thank you very much, Richard and Jamie!

]]> 41da95ab49e1ef9a2f376028548986a9 Ailime replied to the topic LIFE INSURANCE AND INCOME PROTECTION !! in the forum Help Needed! https://www.propertyinvesting.com/topic/4409095-life-insurance-and-income-protection/#post-4689216 Thu, 04 Apr 2013 02:52:29 +0000 I totally agree with the sleep at night comfort!

BTW, What kind of insurance (apart from PHI) do children need?

]]> 3e02db37303147df908e7f42f8940a17 Ailime replied to the topic LIFE INSURANCE AND INCOME PROTECTION !! in the forum Help Needed! https://www.propertyinvesting.com/topic/4409095-life-insurance-and-income-protection/#post-4689211 Thu, 04 Apr 2013 00:11:27 +0000 I just thought of another factor… the affordability of premium amount.

Johann, why don't some people get payout?

]]> 5bb79b4d0a008986218b7d47f0f7132c Ailime replied to the topic LIFE INSURANCE AND INCOME PROTECTION !! in the forum Help Needed! https://www.propertyinvesting.com/topic/4409095-life-insurance-and-income-protection/#post-4689207 Wed, 03 Apr 2013 13:16:16 +0000 I don't think there is a set amount as such.
I believe it greatly depends on personal situation (having mortgage or not, dependents or not, etc) and how much the person taking the insurance is comfortable with.
For a life insurance: one person may believe he/she needs only $ 500K, another person needs $1M coverage, another different person says…[Read more]

]]> a36d131b51e648b8f61be0fa0f5d8033 Ailime replied to the topic Happy Easter in the forum Forum Frolic https://www.propertyinvesting.com/topic/4409073-happy-easter-6/#post-4689094 Mon, 01 Apr 2013 01:00:18 +0000 She has great voice!
Thank you for sharing…

]]> 745c656e5acb1be27d6cf0239c2aab25 Ailime replied to the topic Passive income success stories in the forum Help Needed! https://www.propertyinvesting.com/topic/4408865-passive-income-success-stories/#post-4687546 Fri, 01 Mar 2013 21:20:01 +0000 Congratulations on achieving that milestone, Johann!

I agree with Joe and Matt when it comes to children can be costly. I also believe children can be as costly or as economical as we parents make it – especially in the first few years of their lives. Dressing a baby in only branded clothing can be more expensive than twins or higher order…[Read more]

]]> 4eff70098b15a38496762505b4cc4948 Ailime replied to the topic Brisbane weather update in the forum Brisbane weather update https://www.propertyinvesting.com/topic/4408607-brisbane-weather-update/#post-4685479 Thu, 31 Jan 2013 03:20:03 +0000 Glad to know you and your family are safe, Richard.

I hope the worst is over and things can go back to normal soon.

]]> b484172f3067d032893cfc8f0d71b640 Ailime replied to the topic Investments in Alpha in the forum Help Needed! https://www.propertyinvesting.com/topic/4404517-investments-in-alpha/page/2/#post-4654363 Fri, 14 Dec 2012 22:56:40 +0000 Is it considered "too late" to enter the market?
I saw a house advertised on Domain for 279K, which was sold for just over 10K in 2001 and 130K in 2007.

]]> 7fabb2ebd813534b989e14b02cdb35e5 Ailime replied to the topic Greener than Kermit in the forum Help Needed! https://www.propertyinvesting.com/topic/4408165-greener-than-kermit/page/3/#post-4681658 Tue, 04 Dec 2012 07:36:21 +0000 Count me in, please :)
I did the same to my husband, too.

]]> fd3a8d04098f72cd1e7b8b81f9e4999c Ailime replied to the topic Crazy situation. Help ! in the forum Help Needed! https://www.propertyinvesting.com/topic/4408147-crazy-situation-help/#post-4681493 Fri, 23 Nov 2012 21:50:12 +0000 Hi Devilz

I think the guys above gave great suggestions & advice.

It appears to me that your property portfolio has a (combined) negative return at this point in time.
My understanding on your Math:
The Emerald unit gives you net positive "profit" of $7K.
The Brisbane house gives net "loss" of $14.5K
When we combined both property, you have a…[Read more]

]]> b9bdf4ff7634eba16b2e8804858eb7b8 Ailime replied to the topic just been to a positive real estate investment seminar in the forum Heads Up! https://www.propertyinvesting.com/topic/4408134-just-been-to-a-positive-real-estate-investment-seminar/#post-4681383 Wed, 21 Nov 2012 07:50:00 +0000 From memory they do offer mentoring program with ongoing support.

]]> 97df13114cdf4e0bdff7a01be20b2cf6 Ailime replied to the topic 10 Questions To Ask Your (Prospective) Broker in the forum Finance https://www.propertyinvesting.com/topic/4408107-10-questions-to-ask-your-prospective-broker/#post-4681054 Sun, 18 Nov 2012 04:37:29 +0000 I am very thankful for Richard's reply… there are several things to learn and think about that I hadn't known or thought of.

]]> 477b47dd2870a9668f7be22bbb4c9a0a Ailime replied to the topic computer running slow on PI in the forum I have the same problem! https://www.propertyinvesting.com/topic/4408079-computer-running-slow-on-pi/#post-4680857 Tue, 13 Nov 2012 08:14:13 +0000 I have the same problem!
Glad to know there are ways to address it.

]]> 001738e54feca92e2598f198a4348872 Ailime replied to the topic She's pregnant! in the forum Forum Frolic https://www.propertyinvesting.com/topic/4398852-shes-pregnant/page/2/#post-4617572 Thu, 01 Nov 2012 02:00:27 +0000 I finally managed to find this thread again… how has life been treating you and your family, Ben?

]]> c73c1cdfd36d35d3ca0af5b4406e13d2 Ailime replied to the topic *Help needed ASAP* Deposit left as "Expression of Interest" on a property in the forum Help Needed! https://www.propertyinvesting.com/topic/4408006-help-needed-asap-deposit-left-as-expression-of-interest-on-a-property/#post-4680245 Thu, 01 Nov 2012 01:47:41 +0000 From memory, we saw a solicitor who found some problems with the contract. The property was advertised as located in the more sought after suburb, but other documents within the contract showed that it was actually in the cheaper suburb right next to it. The solicitor terminated the contract on our behalf but we still lost the money because…[Read more]

]]> 523091ab44a62ea0522587fe03ef4e9a Ailime replied to the topic *Help needed ASAP* Deposit left as "Expression of Interest" on a property in the forum Help Needed! https://www.propertyinvesting.com/topic/4408006-help-needed-asap-deposit-left-as-expression-of-interest-on-a-property/#post-4680240 Thu, 01 Nov 2012 01:15:21 +0000 When my husband to be and I lost our 0.25% deposit that was because the REA told us that to show our serious interest, we need to sign the contract on the spot. We were still very new and fully trusted the REA. 
An expensive but valuable lesson for us.

]]> 82000b9035a2c749cacd7770d60664e7 Ailime replied to the topic First Home Purchase-Live In Or Rent? in the forum Help Needed! https://www.propertyinvesting.com/topic/4407930-first-home-purchase-live-in-or-rent/#post-4679638 Tue, 23 Oct 2012 12:34:14 +0000 Thank you so much, Richard.

Do I understand you correctly : a home owner can access the equity in his/her PPOR, even though it has been paid off and the loan has been 'closed'?
Is it correct to assume the home owner needs to apply for a new loan (for the deposit of the IP) using the existing PPOR as the collateral, and another new loan is for the…[Read more]

]]> 36bf58fc428fe1476bdc9a647a31b07f Ailime replied to the topic First Home Purchase-Live In Or Rent? in the forum Help Needed! https://www.propertyinvesting.com/topic/4407930-first-home-purchase-live-in-or-rent/#post-4679635 Tue, 23 Oct 2012 06:49:19 +0000 JamieM, I like your suggestion above.
May I ask what if the PPOR has been paid off… is there a way to access the equity of the PPOR for deposit purpose?

Cheers,
Ailime

]]> ed1bd30d7cb12ad6f9c1c92529337350 Ailime replied to the topic Which one PPOR or IP ? in the forum I don't think I am https://www.propertyinvesting.com/topic/4398918-which-one-ppor-or-ip/#post-4617960 Sat, 27 Feb 2010 12:38:24 +0000 I don't think I am qualified to give any advice/suggestion, but I think your idea on buying a house + granny flat then rent out the house sounds great.We purchased our PPOR first a few years back. While we don't regret it, I sometimes wonder what if we did it the other way around (ie. IP first).

]]> 9869437d5b65dc685e570ad48e31dcdb Ailime replied to the topic She's pregnant! in the forum Forum Frolic https://www.propertyinvesting.com/topic/4398852-shes-pregnant/page/2/#post-4617570 Sat, 27 Feb 2010 12:19:30 +0000 What a great opportunity for me to write my first post.I joined this forum a while ago, but hadn't had the chance to pay a proper visit . When I come back, the subject of this thread caught my eyes (as it is not very common investing discussion :)).Congratulations Ben & Nicky on the pregnancy!I hope the pregnancy goes really smooth and your baby i…[Read more]

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