PropertyInvesting.com | madeinaustralia77 | Activity https://www.propertyinvesting.com/members/madeinaustralia77/activity/ Activity feed for madeinaustralia77. Fri, 17 Apr 2026 00:05:34 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 877db00409b34f357845d116805ebff5 madeinaustralia77 replied to the topic Changing exisiting home to investment and buy a new primary home...... in the forum Help Needed! https://www.propertyinvesting.com/topic/4403382-changing-exisiting-home-to-investment-and-buy-a-new-primary-home/#post-4646108 Thu, 21 Apr 2011 02:48:19 +0000 Not a broken record at all Richard!I need to hear it! =) I guess I just jumped into a loan as soon as I could afford to, without research.  I will have to re finance everything to get things a little more under control. My partner has the local loan and I have the messed up one!! hehe But we would like to merge our banking to make it a little ea…[Read more]

]]> 129b539cda96503b01a45367e6160a01 madeinaustralia77 replied to the topic Changing exisiting home to investment and buy a new primary home...... in the forum Help Needed! https://www.propertyinvesting.com/topic/4403382-changing-exisiting-home-to-investment-and-buy-a-new-primary-home/#post-4646106 Wed, 20 Apr 2011 14:09:01 +0000 Hahaha! They are painful…. I still get so angry every time I think of it! I have never had a problem with any business like that b4. And getting passed around on the phone from Phiippines to Australia, repeating yourself over and over again, sitting on the phone for hours on end.. and PAYING for it!!! grgrrrrrrrr!! heheheThere is a lot to learn…[Read more]

]]> 1a69bacf9099b0dfb9340e61bbdaebea madeinaustralia77 replied to the topic Changing exisiting home to investment and buy a new primary home...... in the forum Help Needed! https://www.propertyinvesting.com/topic/4403382-changing-exisiting-home-to-investment-and-buy-a-new-primary-home/#post-4646104 Wed, 20 Apr 2011 13:32:52 +0000 Ahh that makes sense JacM. Sorry I really have a lot to learn in this field… I guess that also makes it easy to access the funds in the future also.Oh, and I hear ya about telstra and moving house… We moved house last September and we have had to call after receiving every bill for 5 months straight for them to charge us the correct amount for…[Read more]

]]> e2015a6756556bd62d455246acf850ca madeinaustralia77 replied to the topic Changing exisiting home to investment and buy a new primary home...... in the forum Help Needed! https://www.propertyinvesting.com/topic/4403382-changing-exisiting-home-to-investment-and-buy-a-new-primary-home/#post-4646102 Wed, 20 Apr 2011 12:04:25 +0000 Yes, I think I will look at changing over asap. So, it is possible to make extra payments on the interest only loans? I am yet to claim anything on the Qld prop yet, I will know how much I am really negatively gearing at the end of the financial year. But doing a quick calculation on my possible claims, I should be able to reduce my taxable income…[Read more]

]]> 869d02ab14b675ca71497c3ce7f76fd0 madeinaustralia77 replied to the topic Changing exisiting home to investment and buy a new primary home...... in the forum Help Needed! https://www.propertyinvesting.com/topic/4403382-changing-exisiting-home-to-investment-and-buy-a-new-primary-home/#post-4646100 Wed, 20 Apr 2011 05:29:47 +0000 Thanks for the input guys.I will talk to the accountant regarding my property claims, and fingers crossed I can! =) Richard:Yes you are correct that it is a Principal and Interest loan at present, and to be honest, this will be the first year I will be able to claim on it, so I am hoping that I can get a fair bit of the $200 per week back. The main…[Read more]

]]> c12a0e0080b7881c28e3561d851b0de8 madeinaustralia77 replied to the topic Changing exisiting home to investment and buy a new primary home...... in the forum Help Needed! https://www.propertyinvesting.com/topic/4403382-changing-exisiting-home-to-investment-and-buy-a-new-primary-home/#post-4646093 Wed, 20 Apr 2011 02:36:28 +0000 Hello Magoo1Really?The residence we live in currently is actually done as an interest only at present. We did claim tax on it last year when it was rented out. Our place in QLD was bought as a primary place of residence, but after living in the property for 2 years, we have moved and started to rent it out. So, you are saying that I won't be able…[Read more]

]]> 1cffe8a12fa2fb118f1e769a4d68fdc2 madeinaustralia77 replied to the topic Body corporate fees - things in perspective in the forum Help Needed! https://www.propertyinvesting.com/topic/4403321-body-corporate-fees-things-in-perspective/#post-4645708 Mon, 18 Apr 2011 13:24:14 +0000 Dont do it!!!! I have done the same thing. I have a place up in far nth queensland  that I lived in for 2 years and the strata and rates kept on going up… and they even decided to thrown in an extra payment of $500 because they underestimated some painting costs…. You really seem to have no control over it…. My rates are 2k and my strata is…[Read more]

]]> f36d44c4cc106fb4d2c7744ede3fddf9 madeinaustralia77 replied to the topic Changing exisiting home to investment and buy a new primary home...... in the forum Help Needed! https://www.propertyinvesting.com/topic/4403382-changing-exisiting-home-to-investment-and-buy-a-new-primary-home/#post-4646091 Mon, 18 Apr 2011 12:58:53 +0000 Sorry… I am out of pocket $200 a week for the IP!! hehehe makes me cringe!

]]>