Total Members: 158,197

nkrasn

  • nkrasn replied to the topic IP loans in the forum Finance 10 years, 6 months ago

    Hi Jamie

    That makes sense. Thanks. Do you know if i can claim depreciation expenses written up by a quantity surveyor against current home once i move into a new house?

    Cheers

    Natasha

  • nkrasn replied to the topic IP loans in the forum Finance 10 years, 6 months ago

    Hi Jamie
    That is why i am a tad confused.
    If i use equity out of my current home to buy a new prime residence …..and decide to rent out current home i would have to pay tax on rental income. So most people would just sell and move on. However ideally i would like to hang onto the property if i can.

    Also, if i do that, can i claim a tax…[Read more]

  • nkrasn replied to the topic IP loans in the forum Finance 10 years, 6 months ago

    What a shame. There goes that idea.

    Thanks guys

  • nkrasn replied to the topic Buying an investment property in the forum General Property 10 years, 6 months ago

    Hi Shahin

    I am referring to Melbourne CBD. My house is 7 yrs old. It was built 7 yrs ago. It is not new exactly.

    The tax a/ct told me it would not be wise to rent out existing property and move into a new property close to CBD because I will have to pay tax on the rental income from 1st home. He said it would be better to sell it and buy a new…[Read more]

  • nkrasn started the topic Buying an investment property in the forum General Property 10 years, 6 months ago

    I live 20km from the CBD and I am interested in buying an investment property closer to the CBD to reduce commuting times.
    My home is new and I am not sure I want to sell it right now in order to buy closer to the CBD.
    If I buy an investment property, I know I need to live in it first so at least I have the option to declare which of the two…[Read more]

  • nkrasn replied to the topic looking for referrals for lenders able to arrange non recourse lending in the forum Finance 11 years, 1 month ago

    thanks Alistair, I was thinking of a resi IP

    cheers

    Natasha

  • nkrasn replied to the topic Investment property: Pty Ltd company versus Family Trust in the forum Legal & Accounting 11 years, 1 month ago

    I am new to property investing but I am looking to buy an investment property and I have a company Pty Ltd set up as Family Trust. So in a nut shell, I am trying to confirm whether there are more pros to using a family trust to buy an IP???
    As my new tax accountant says there isn't much difference.

    Also, many years down the road, if I want to…[Read more]

  • nkrasn replied to the topic HSBC in the US in the forum Overseas Deals 15 years, 6 months ago

    Hi ThereI too am interested to know how I can borrow money in the USA to buy an investment property. I hear that recently they have tightened things up for foreigners with regards to borrowing money and have actually stopped it for the time being. Does anyone know how  or have any ideas on how to get around these restrictions?cheers Natasha

nkrasn

Step 1 - 0% Complete

Fill Out Your Member Profile Below

Fill in the required fields below to complete your registration.

Registration not only grants you full access to this website, but will also enable us to send you our newsletter, latest investor tips, strategies and information about events/products relevant to investors. You can opt out at any time.

Used to log in to the website and for targeting with messages. Alphanumeric characters only. No spaces allowed..

Member Login
Lost your password?
×
158,197

Register Free To Unlock Unrestricted Access To PropertyInvesting.com

×
1-Day Millionaire Mastermind Workshop - Only LIVE Training in 2019!