PropertyInvesting.com | Jackie768 | Activity https://www.propertyinvesting.com/members/jackie768/activity/ Activity feed for Jackie768. Sat, 02 May 2026 01:42:46 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 80efadda363c2e495adf9b6811cc7fad Jackie768 replied to the topic Negative Gearing - Tax Question in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5032687-negative-gearing-tax-question/#post-5032732 Thu, 02 Feb 2017 09:45:24 +0000 Hi Corey,

I was told yesterday by someone (an accountant) that I can do this strategy ie negative gear if I have an Offset account for the 600K property (which I do). They said if I had a redraw facility I could not negative gear. I am quite sceptical of this given the feedback I have had so far.

Does having the Offset account make a difference?

Jackie

]]> e22fbc59155c915fd792172deb88a5d4 Jackie768 replied to the topic Negative Gearing - Tax Question in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5032687-negative-gearing-tax-question/#post-5032690 Tue, 31 Jan 2017 21:03:18 +0000 Thanks so much Corey on your invaluable advice – I really appreciate it.

jackie

]]> 024b8e03f9e98f97d1b3ebc9460afd85 Jackie768 started the topic Negative Gearing - Tax Question in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5032687-negative-gearing-tax-question/ Tue, 31 Jan 2017 12:30:43 +0000 Hi Guys,

I currently live in a prop worth 600K that I have paid off – I have not closed out the Loan.

I am now wanting to buy a new prop to live in worth say 1 Million (as an example)

I want to remortage the 600K property and borrow 400K for the new property and move into the new property.

I then want to rent out the 600K property and have…[Read more]

]]> 174875f088e7d34b31c4254ce2d0a622 Jackie768 became a registered member https://www.propertyinvesting.com/activity/p/355583/ Tue, 31 Jan 2017 12:27:09 +0000