PropertyInvesting.com | Havinfun | Activity https://www.propertyinvesting.com/members/havinfun/activity/ Activity feed for Havinfun. Wed, 15 Apr 2026 03:30:41 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 486314c14c75dde406479c1c37067a90 Havinfun replied to the topic Rent and personal income, which account? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4991478-rent-and-personal-income-which-account/#post-4991483 Sun, 08 Jun 2014 07:07:23 +0000 Catalyst,
My LOC of credit isn’t contaminated as I ensure its only used for investment purposes, I have my income go into another account and then distributed to the LOC, as you a are aware CBA don’t have a fully transactional offset account.
I called the bank today and they said that they would charge me $95 to set up a fully transactional…[Read more]

]]> 8e6f3ec4030e6357133c8d1f44dc8ac1 Havinfun started the topic Rent and personal income, which account? in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4991478-rent-and-personal-income-which-account/ Sun, 08 Jun 2014 00:09:54 +0000 Hi fellow investors.

I currently have multiple I.P,s( 4) and have a LOC attached to one of the properties. All of the properties are in my name and are not crossed.
I currently have all of my income and rents going into the LOC and then loans from the bank(CBA), and incidentals such as rates etc come out of the LOC, the remaining running costs I…[Read more]

]]> 0fab79a49fb0905550c52f3384cb3068 Havinfun replied to the topic good honest accountant in the forum Finance https://www.propertyinvesting.com/topic/4409823-good-honest-accountant/#post-4693860 Sun, 11 Aug 2013 01:57:37 +0000 Same boat here
Prefer someone with alot of property audit experience.
Am currently in Perth but ok to work remotely
Advice appreciated
Cheers

]]> e50e513776d294d7ff1a1f3652373deb Havinfun replied to the topic Good property accountant in Perth in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4409335-good-property-accountant-in-perth/#post-4690649 Mon, 13 May 2013 12:38:05 +0000 Derek
north of the river

]]> 53bb9e3553c23cf3d4d6283f80da6343 Havinfun replied to the topic LMI in the forum Finance https://www.propertyinvesting.com/topic/4409233-lmi-5/#post-4690133 Sat, 04 May 2013 10:02:57 +0000 Why are there only 2 lmi providers?

]]> 591caf38a15051a41ff6f3a9ef9996aa Havinfun replied to the topic LMI in the forum Finance https://www.propertyinvesting.com/topic/4409233-lmi-5/#post-4690131 Sat, 27 Apr 2013 10:00:27 +0000 Thanks Richard is there a scenario you can paint for me 2  new properties at 350 k I am able to put 60k of my own money towards the purchase of the Ip,s, my current  income is over the 200k mark pa, lvr on other Ip,s 78% value of props 890k.total rents 800pw no other debts 3 dependants, have a cba pack.

]]> 59e438928d87b2b1c027f182d63b44e6 Havinfun replied to the topic 30 properties before 25, finance??? in the forum Finance https://www.propertyinvesting.com/topic/4404268-30-properties-before-25-finance/page/7/#post-4652643 Sun, 21 Apr 2013 07:48:07 +0000 Hi RichardI would love to read this article,can tou please email it bsacoj@hotmail.com

]]> 79e74340fd6113a821e79a9d5a6f6252 Havinfun replied to the topic Using Superannuation to Purchase an Investment Property in the forum Help Needed! https://www.propertyinvesting.com/topic/4408352-using-superannuation-to-purchase-an-investment-property/#post-4683163 Sat, 19 Jan 2013 06:46:41 +0000 Richard,

I am glad i read this post, i currently have all of the esuper material at home ready to sign and send back.

i would like to purchase another property via a SMSF but have also been told that I cannot construct say a house and land package in the arrangement.

I have been on the Esuper website whereby you are directed to a St George…[Read more]

]]> f837b1cf3a5eb073968f8f9cbeac7ff1 Havinfun replied to the topic Invest in SMSF or in own name or trust in the forum Help Needed! https://www.propertyinvesting.com/topic/4408374-invest-in-smsf-or-in-own-name-or-trust/#post-4683445 Sat, 05 Jan 2013 05:10:07 +0000 Scott,

Are you able to clarify?

Selling my other IP,s to then invest in a SMSF?

]]> 1b73a249abe429302873bf7098b6af49 Havinfun replied to the topic Invest in SMSF or in own name or trust in the forum Help Needed! https://www.propertyinvesting.com/topic/4408374-invest-in-smsf-or-in-own-name-or-trust/#post-4683444 Sat, 05 Jan 2013 05:08:01 +0000 Thanks Shahin,

I agree diversification is the key, thanks for your advice.

I have a strong holding of shares and in both my managed funds and super account, so I feel as though i am covered here.

My underlying question is whether its better to accumulate real estate outside of superannuation, i suspect its easier to accumulate outside of…[Read more]

]]> ab770bd8539988030379f3667f8c9d96 Havinfun replied to the topic Structure of loans/ future affordability in the forum Finance https://www.propertyinvesting.com/topic/4408029-structure-of-loans-future-affordability/#post-4680495 Mon, 05 Nov 2012 00:18:25 +0000 Terry,

Agreed on the income for the wife, as the major breadwinner are we not better off having the interest deductions in my name, thus reducing my taxable income?

Keeping the emotion out of investing the managed funds have not performed that well over the last 5 years, so I am dollar cost averaging additonal funds into the managed fund so that…[Read more]

]]> db0af72a5fb6f4d5860ea1aeeedbd0e5 Havinfun replied to the topic Structure of loans/ future affordability in the forum Finance https://www.propertyinvesting.com/topic/4408029-structure-of-loans-future-affordability/#post-4680492 Sun, 04 Nov 2012 19:19:22 +0000 Terry,

My wife has no income, I am currently looking at swapping the funds into my name only.

Regards

]]> faf1362e8f156cda0cd9575a33eca357 Havinfun replied to the topic Structure of loans/ future affordability in the forum Finance https://www.propertyinvesting.com/topic/4408029-structure-of-loans-future-affordability/#post-4680491 Sun, 04 Nov 2012 19:19:18 +0000 Terry,

My wife has no income, I am currently looking at swapping the funds into my name only.

Regards

]]> 89243fdd7c05a8887c02ee60e1d12c17 Havinfun replied to the topic Structure of loans/ future affordability in the forum Finance https://www.propertyinvesting.com/topic/4408029-structure-of-loans-future-affordability/#post-4680488 Sun, 04 Nov 2012 09:41:38 +0000 Thanks Shahin,

Getting the LOC back to zero is my main priority so I can utilize this facility for future deposits/  fees etc.

Its just easier to have all transactions such as insurances, income,rates etc come out of the one account and the LOC is the best option for me as I like to use the KISS, keep it simple stupid method. LOC is at 6%.

All…[Read more]

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