Are you planning on renting the house out. The tax deduction is for the expenses incurred to derive income from the property.Also how new is the property as you can claim depreciation on the building costs if new of 2.5% a year however your capital gains tax liability will increase by 2.5% a year if you claim it.Another thing is your tax rate on…[Read more]

Do not forget Bank A 's customer retention system swings into action to try and save the customer from refinancing away from them.Also check and make sure Bank A do not have punitive break fees !

try this web sitehttp://www.canstar.com.au/interest-rate-comparison/

Your name, your phone number, and what sort of property you are looking for (maybe on the back)see http://www.vistaprint.com.au for do it yourself cheap business cards.

One pitfall is the large scale development requirement for the National Rental Affordability Schemeseehttp://www.fahcsia.gov.au/internet/facsinternet.nsf/housing/nras.htm(there is a number on the web site to call to book ito an information nightThis firm below was advertised in API Magazine MAY 09http://questus.com.au/(not an endorsement or…[Read more]

What are you trying to guard against. Outside internet attack?. A router is a method of making it a little harder to be attacked as the IP address is different from the IP address on each computer. Also the router can assign the IP addresses via DCHP protocol to each computer on your network.Software for firewall . Probably Mcafee Internet…[Read more]

It is done in most cases by floor space rented out / total floor spacehttp://www.ato.gov.au/individuals/content.asp?doc=/content/36910.htm&page=2&H2Get a valuation done !! see link below !http://www.ato.gov.au/individuals/content.asp?doc=/content/36910.htm&page=3&H3

The reason your question may have not been answered is it is bordering on giving financial advice.No one can really advise you on where the interest rates are going to end up being.A person usually fixes the interest rate more to make certain what their expenses are going to be.Have you heard of interest rate averagingWhat you do is you take out…[Read more]

l_b29265 wrote:
I am wanting to apply for a loan(low doc), and need 20% deposit ($62K)to do a development. I only have around 7%($21K) deposit, and so am $43K short. I own 2 properties(i.e have a mortgage on 2 properties), and If I had my 2 properties revalued, I think I should have around $162K in equity above what I am still owing on them. I…[Read more]

why have investment property.It is hard to see any good points for it at the beginning.You feel like you are paying out money for repairs and getting a low rental return.Property is a long term investment. Over a longer term the borrowed money is usually 90% other peoples money and 10% your money.so if you have a large borrowed amount the value of…[Read more]

Commercial Property values are directly related to the rent achieved. I think from memory it is a ten fold amount. So if a property is renting for $100,000 then the property value will be around 1 million Have no idea on the growth of rent in commercial property

Theresa,You need to consider how much you owe on these two properties. If you sell one of them are you releasing a large amount of equity?If you have made a capital gain you have to pay capital gains taxHow much does the property cost near university ?Do you have a deposit saved up for next house purchase?What I am trying to say is there is some…[Read more]

http://money.ninemsn.com.au/article.aspx?id=100613http://www.homeloanexperts.com.au/no_deposit/no_deposit_LMI.php#rateshttp://mortgageinsurance.genworth.com/RatesAndGuidelines/RateFinder.aspxGive you a rough guide only the banks have the exact lmi calculators maybe a mortgage broker could have software that works it out  for a customer

use a quantity surveyor

You should back off. You could advise them to go to a lender first and get a loan appraisal to have their finances in order first so they are aware of any financial limitations on what they can afford before they commit to a contract they may not be able to afford.This will bring them to blame the lender rather than you for being given the real…[Read more]

You may find finance through a non bank lender but lvr would be lower – some self insure the loan

That is not an easy question to answer. Maybe you could take a half way figure between the two extremes of mortgage interest ranges say 7% p/a or ask the loan provider if they can tell you what the interest rate and date was at each rate increase.It really depends on when the payments were made for the boat repairs.As an exampleSay year one $1000…[Read more]

Australian Property Investment Magazine April issue has an article in the back pages on Victoria. I think it mentioned Footscray but I am not 100 percent sure.

Get the debts sorted out. Keep savingInvestigate non bank lenders. Do a search on the internet.

From what I was taking in from watching lateline business the concern is that if the banks do not allow a reprieve during times of unemployment (current recession) then the property market values drop and the banks start liquidating homes and incurring losses from the values dropping. Then you have banks failing over or declaring major losses and…[Read more]