Thanks for that AngelMakes perfect sense.CheersGeezer

Hello Thanks to all for your information.I have another tax related question.If I have the situation where I have 2 investment properties. Are they individually assessed by the ATO in relation to income & expenses/deductions etc or are they both added together to form 1 taxation assessment etc.Hope that I am making sense.CheersGeezer

HelloFantastic help and information, cheers.I have been doing some research into the trust property side of things to see if it is a viable proposition.The property is jointly owned. I have thought about transferring ownership to my wife but I am not sure if this will impact my borrowing power…I am in South Australia and am looking for a…[Read more]

Cheers Richard.Yes my loan was a principal and interest  loan. My only trouble is that I am not able to move into my IP due to size issues. (Too small with the kids). The house that I am about to purchase is to live in myself…Is it fair to assume that there is nothing I can do financially (line of credit, refinance etc) to maximise returns…[Read more]

Hello all. New to this forum..I have a question, funny enough. Not sure if I am in the correct area?I have a rental property currently running a positive cash flow scenario.I am currently looking at purchasing another property.All well so far…  my question is that the property that I am going to purchase (using equity from my rental)  is the pro…[Read more]