PropertyInvesting.com | Logan | Activity https://www.propertyinvesting.com/members/glenmore/activity/ Activity feed for Logan. Fri, 17 Apr 2026 10:27:04 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 22f9ba76c4e86f03d52f7eb0e371c002 Logan replied to the topic Mistakes you've made in the forum General Property https://www.propertyinvesting.com/topic/5017381-mistakes-youve-made/#post-5017438 Thu, 10 Dec 2015 11:12:53 +0000 Hi Mara,

A mistake that I’ve made is taking the easy way out and not researching for proper PM, lawyer & loans before starting out. Stuck with a less than satisfactory experience.
If I can have a do-over, I would certainly take the time to find myself a good team. Trying to research good ones for the next IP.

Best of luck!

]]> 7327524ca21243e6cddaf0acfb426a11 Logan replied to the topic Whats your number one lesson learnt from property investing in the forum General Property https://www.propertyinvesting.com/topic/5015189-whats-your-number-one-lesson-learnt-from-property-investing/#post-5016938 Fri, 27 Nov 2015 07:58:51 +0000 Agree with Jamie. Once you have done your DD, sometimes the hardest step is coming up with the guts to implement.

]]> b60e9f691bb8b400ac6e272c4eff0381 Logan replied to the topic Accessing LOC to purchase a property in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5016705-accessing-loc-to-purchase-a-property/#post-5016763 Tue, 24 Nov 2015 03:20:54 +0000 Thanks Terry & Jamie,

looking forward to learning more. Otherwise in a few years I will be making a long “My mistakes” thread.

]]> d19d74fea57779287fba42152edaa8a0 Logan replied to the topic Accessing LOC to purchase a property in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5016705-accessing-loc-to-purchase-a-property/#post-5016710 Mon, 23 Nov 2015 03:40:29 +0000 Thanks Terry I’m learning a lot from you.

Just to clarify on no.3.
Do I determine the commercial rate as it is a personal loan ? Because it would be a different rate to what is being charged on the LOC.
I’m assuming that I wouldn’t need the paperwork & also charge myself the commercial rate if it was purchased under personal name?

]]> 6b04fa1bacae2760b0e9cb955c558fd4 Logan started the topic Accessing LOC to purchase a property in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5016705-accessing-loc-to-purchase-a-property/ Mon, 23 Nov 2015 02:05:01 +0000 Hi everyone,

I was wondering if anyone can help shed some light. I was thinking of accessing a LOC on my PPOR to purchase an IP, without taking out a mortgage on the IP. My questions are

1. Would the interest charged on LOC be tax deductible?
2. Will the property being in a different state affect this in any way?
3. The IP purchase would…[Read more]

]]> c6606d84887d464c59256b8592fdfca6 Logan replied to the topic Help on loans and taxes in the forum Help Needed! https://www.propertyinvesting.com/topic/5014737-help-on-loans-and-taxes/#post-5014779 Mon, 19 Oct 2015 11:51:23 +0000 Thanks Terry, I’ve just learnt something new again.

Will definitely think things through and talk to someone again before our next purchase.

]]> 767a615a91ec4e43c83dc47b380e5395 Logan replied to the topic Help on loans and taxes in the forum Help Needed! https://www.propertyinvesting.com/topic/5014737-help-on-loans-and-taxes/#post-5014765 Mon, 19 Oct 2015 04:06:58 +0000 Thanks Terry for the reply.

The company that we set up has two resident directors.

What differentiates between paying the loan and lending money from our personal joint account to the trust?
Do we need some sort of legal documents prior to transferring the money?

The depreciation I am referring is on the Residential IP which is under me and my…[Read more]

]]> f654f11ac44bddd8cf1b6234118c4074 Logan started the topic Help on loans and taxes in the forum Help Needed! https://www.propertyinvesting.com/topic/5014737-help-on-loans-and-taxes/ Sun, 18 Oct 2015 11:49:28 +0000 Hi Guys,

I’m a newbie investor trying to learn a few things from this forum. So far I’ve read through the topics but tax is still confusing for me. Would be great if anyone can help clear up a few things.Me and my wife have 3 properties. Our PPOR owned outright (in my wife’s name) which we recently got a loan for but have not withdrawn. 1…[Read more]

]]> b0156fb9288ef45c07ea067c3cb3568f Logan became a registered member https://www.propertyinvesting.com/activity/p/321861/ Fri, 07 Aug 2015 13:48:39 +0000