I would strongly recommend you speak to your broker or lender to find out exactly what you qualify for.

If you choose not to use a broker you need to ensure you contact quite a number of lenders as they will all lend you different amounts.

All the best,

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

Comments may not be…[Read more]

I am not even trying Chan.

You are too prolific for me.

Cheers,

Originally posted by Chan$:
MH,

do you think you can catch me, the way I am going…lol?

Warm Regards

ChanDollars
[The bridge between where you are right now & where you want to be tomorrow is knowledge]

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228…[Read more]

Julian,

Someone else with both your email addresses in their address book has the virus.

It is common for a virus to send emails to people in the address book made to look as though they are from other people in that address book. These emails try to infect more people.

The virus has ben detected and a warning email sent to the originator. As…[Read more]

Dan,

love to try to help but will need more detail.

Either post it here or email if too private!

Cheers,

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

You folks have way too much spare time.

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

EZ Rent,

Correct me if I am wrong but your software seems to be more about analysis of profitability rather than management software for rental properties?

Cheers,

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or…[Read more]

http://www.smh.com.au

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

You know I used to get a heap of spam in my hotmail account. Then a month or so ago it stopped. Really stopped. I get less than 2 -3 a week.

Any ideas as to why?

Also as you all know I had my email address on this forum for ages and ages – on every post I made which is a few now.

Never get spammed at that address? Knock on wood.

Now my…[Read more]

Do a search Phil.[]

We haven’t spoken for a while…how’s things?

Cheers,

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

You shouldn’t have to pay CGT on your PPOR.

There is no set formula. You just have to work out what return you expect and whether it is worth your while.

Cheers,

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or…[Read more]

The answer is yes.

Cheers,

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

You would be able to claim depreciation on the renovated work completed.

Not the original building cost though.

Check out some of the QS websites for more info or give them a call.

There are a few on the links section at

http://www.mortgagehunter.com.au

Cheers,

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

Comments may not…[Read more]

You folks are too kind.

Fondest regards,

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

Now that this new system is in place, its alot harder on the upline.

So you are saying it is harder to build a business? I mean you hope to be the upline for many people?

None of the folks trying to recruit me seem to be have aquired houses, boats and cars like the ones on the promotion slides – I really hope you do better!

Cheers,

Simon…[Read more]

The original purpose of the loan was to buy that property. That property is now taxable income producing. As the interest is a cost of producing that income it is now deductible.

No need to touch the loan for any reason.

Cheers,

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

Comments may not be relevant to individual…[Read more]

They would say exactly the same as me.

Please sit down and tell me more details so we can examine the options here.

Cheers,

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a…[Read more]

You can only have exemption for one home. You would have to decide which to have the exemption on.

Cheers,

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

LOC = Line of Credit

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

If it was me then I would borrow 100% of the purchase price and also purchase costs.

If there was no other suitable place for the $40K I would consider an offset account but would not put the money into redraw.

Regards,

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

Comments may not be relevant to individual…[Read more]

3-6 months depending on the lender.

Cheers,

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.