PropertyInvesting.com | mkbonline | Activity https://www.propertyinvesting.com/members/mkbonline/activity/ Activity feed for mkbonline. Mon, 06 Apr 2026 03:46:08 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 d4c9c1bc15ca057e46f9bf418bdd2559 mkbonline started the topic Refinance when having fixed rate loan component in the forum Finance https://www.propertyinvesting.com/topic/5067127-refinance-when-having-fixed-rate-loan-component/ Sat, 11 Jul 2020 13:56:13 +0000 Hi Experts,

I am looking to refinance my PPOR loan.

Currently with AMP – Current loan balance of 930K @ 2.89% variable – 18 + yrs renaming and 485K @ 3.85% 3 yr fixed with 1.5 yr appx remaining. Looking for cheapest rate, 100% offset, unlimited redraw and additional payments.

My research for re-finance led to below cheaper options

Super Saver…[Read more]

]]> 11c81b86d61ffb38018e20899ec00dc8 mkbonline replied to the topic My CGT Liability in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5055122-my-cgt-liability-2/#post-5055125 Sun, 11 Aug 2019 04:47:37 +0000 Thank Terry. My understanding was same i.e. You can still claim the the CGT free period for up to 6 years after moving out. But one tax agent advised me that since i have brought a new place of permanent residence in Dec 2018 – I will need to pay CGT on any growth in original property after I moved into the new place (Dec 18). Is that correct?

]]> 3e59f67df41517d12bb22979cb4609e7 mkbonline started the topic My CGT Liability in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5055122-my-cgt-liability-2/ Fri, 09 Aug 2019 21:52:43 +0000 I purchased 2 bed townhouse as my PPOR in Dec 2010 for $320K in Toongabbie NSW. Lived their till Feb 2015 and then moved to overseas with a new job. I came back to Australia in Nov 2016 and was renting out in a different suburb till Dec 2018. I brought new place and move in Dec 2018. Old PPOR (Toongabbie) is rented out since April 2015 (more than…[Read more]

]]> 939ceccd6245e0c1ef19a840d68b16ee mkbonline started the topic Austral/Leppington area in the forum Help Needed! https://www.propertyinvesting.com/topic/5054937-australleppington-area/ Fri, 26 Jul 2019 20:18:56 +0000 Hi Experts.

Current situation – Starting at property investment. So far have a townhouse in Toongabbie, NSW (which was original PPOR). Almost – 40. Bit late in property investment game.

Currently looking at

https://www.realestate.com.au/property-residential%20land-nsw-austral-202398122

Any thoughts for investing in duplex potential land ? And…[Read more]

]]> 939ceccd6245e0c1ef19a840d68b16ee mkbonline started the topic Austral/Leppington area in the forum Help Needed! https://www.propertyinvesting.com/topic/5054937-australleppington-area/ Fri, 26 Jul 2019 20:18:56 +0000 Hi Experts.

Current situation – Starting at property investment. So far have a townhouse in Toongabbie, NSW (which was original PPOR). Almost – 40. Bit late in property investment game.

Currently looking at

https://www.realestate.com.au/property-residential%20land-nsw-austral-202398122

Any thoughts for investing in duplex potential land ? And…[Read more]

]]> 9bf3cf489bfd9af3c4eabd4ce22b5516 mkbonline started the topic Austral/Leppington area in the forum Help Needed! https://www.propertyinvesting.com/topic/5054937-australleppington-area/ Fri, 26 Jul 2019 20:18:56 +0000 Hi Experts.

Current situation – Starting at property investment. So far have a townhouse in Toongabbie, NSW (which was original PPOR). Almost – 40. Bit late in property investment game.

Currently looking at

https://www.realestate.com.au/property-residential%20land-nsw-austral-202398122

Any thoughts for investing in duplex potential land ? And…[Read more]

]]> 3caa7763b3b345d0896eb2db9178e553 mkbonline started the topic My CGT Liability in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5041223-my-cgt-liability/ Tue, 07 Nov 2017 01:25:30 +0000 I had purchased 2 bed townhouse as my PPOR in Dec 2010 for $320K in Toongabbie NSW. Lived their till Feb 2015 and then moved to overseas with a new job. My PPOR has been rented out since April 2015 (more than 2 years). I came back to Australia in Nov 2016 but renting out in a different suburb (due to better school district).PPOR is still rented…[Read more]

]]> 05fa248c88e41e291004538c4f6cd544 mkbonline replied to the topic CGT liabilities in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5034191-cgt-liabilities/#post-5034194 Sun, 19 Mar 2017 00:33:51 +0000 Thanks for quick response Benny. Yes – it does bring smile to my face hearing that I can hold it for upto 6 yrs of moving out without incurring CGT. However – i do plan to purchase a new house as PPOR – so I believe that I should sell existing PPOR first and then buy a new one.

I look forward to more responses from accredited adviser in this…[Read more]

]]> 166efd9f457411c47fd379fba93a0bab mkbonline started the topic CGT liabilities in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5034191-cgt-liabilities/ Sat, 18 Mar 2017 23:20:57 +0000 I had purchased 2 bed townhouse as my PPOR in Dec 2010 for $320K in Toongabbie NSW. Lived their till Feb 2015 and then moved to California with a new job. My PPOR has been rented out since April 2015 (almost 2 years). Now – I am back in Australia but renting out in a different suburb (due to better school district).PPOR is still rented out.…[Read more]

]]> 11ccc0279b5b10ee8750f96de73ac2c4 mkbonline started the topic CGT liabilities in the forum Legal & Accounting https://www.propertyinvesting.com/topic/5034191-cgt-liabilities/ Sat, 18 Mar 2017 23:20:57 +0000 I had purchased 2 bed townhouse as my PPOR in Dec 2010 for $320K in Toongabbie NSW. Lived their till Feb 2015 and then moved to California with a new job. My PPOR has been rented out since April 2015 (almost 2 years). Now – I am back in Australia but renting out in a different suburb (due to better school district).PPOR is still rented out.…[Read more]

]]> 1b0907318a3f7fcdc140c703ff8fdaa2 mkbonline replied to the topic Negative Gearing Benefit for Overseas property in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4409222-negative-gearing-benefit-for-overseas-property/#post-4690059 Fri, 26 Apr 2013 14:06:59 +0000 Sharing useful links from ATO website

http://www.ato.gov.au/content/downloads/ind69513nat14233062010.pdf

http://law.ato.gov.au/atolaw/view.htm?locid='SAV/00238031'

]]> ff1419efa505b0b9f31f913c705cddc8 mkbonline replied to the topic Negative Gearing Benefit for Overseas property in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4409222-negative-gearing-benefit-for-overseas-property/#post-4690057 Thu, 25 Apr 2013 12:39:23 +0000 Meaning Australian Negative Gearing benefits can availed in all scenarios? Can you recommend any Tax Accountant in Sydney who have experience in Overseas Property Negative gearing?

]]> bae36c8653a1d810db9e27d78cf1f6ff mkbonline started the topic Negative Gearing Benefit for Overseas property in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4409222-negative-gearing-benefit-for-overseas-property/ Wed, 24 Apr 2013 11:46:40 +0000 This question came up while discussing Negative gearing concept with an Indian colleague.

Can Australian Resident claim Negative gearing benefits from overseas property investment in below mentioned scenarios?

Scenario 1 – Buy an existing house (constructed and ready to rent out). Use PPOR equity to buy overseas property i.e Loan from Australian…[Read more]

]]> a4c8d712bf12220c59b39907a9acc746 mkbonline replied to the topic Easyway franchise in the forum Help Needed! https://www.propertyinvesting.com/topic/4408508-easyway-franchise/#post-4684495 Sun, 20 Jan 2013 12:16:44 +0000 Says around  300k in there website.

]]> b7765703d1a7e424814b964909ab092a mkbonline replied to the topic Business Forum in the forum Help Needed! https://www.propertyinvesting.com/topic/4408373-business-forum-3/#post-4683438 Fri, 04 Jan 2013 11:42:55 +0000 Check flyingsolo dot com dot au/

]]> 446a477cf9fbd68fc16d7cd7eee55e50 mkbonline replied to the topic Negative or positive for high income in the forum Help Needed! https://www.propertyinvesting.com/topic/4408365-negative-or-positive-for-high-income/#post-4683259 Thu, 03 Jan 2013 12:39:16 +0000 Stupid question from a newbie in Property Investing.

When we say positive cash flow property, do we use Interest Only repayments or Principal+Interest repayment for Net Cash flow Calculation.

I am finding it really difficult  to find a positive cash flow property even in Western suburbs of Sydney,  if I use Principal+Interest loan repayment for…[Read more]

]]> 005fd79e6035ef7a41cc4181d52408ba mkbonline replied to the topic Can PPOR equity used to buy property overseas? in the forum Finance https://www.propertyinvesting.com/topic/can-ppor-equity-used-to-buy-property-overseas/#post-4683176 Wed, 02 Jan 2013 10:36:55 +0000 Guys, Thanks for great response to my post. I was never expecting a reply from the my main source of inspiration,  man himself  'Steve' !!

Let me be more specific about this overseas investment opportunity.

Its off the plan multistory apartment project where only 30% of the total price needs to be paid in within the first 6 months and the…[Read more]

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