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Viewing 7 posts - 1 through 7 (of 7 total)
  • Profile photo of OrrinOrrin
    Participant
    @orrin
    Join Date: 2004
    Post Count: 8

    thank you all for responding.

    Profile photo of OrrinOrrin
    Participant
    @orrin
    Join Date: 2004
    Post Count: 8

    Thanks Again Trewey,
    As before all the information is appreciated.

    Profile photo of OrrinOrrin
    Participant
    @orrin
    Join Date: 2004
    Post Count: 8

    Thanks Trewey,

    good thing I didn't sign up for the "free" trial then… eh!

    Profile photo of OrrinOrrin
    Participant
    @orrin
    Join Date: 2004
    Post Count: 8

    Aussieus,

    Get in touch with Emma171… Check this forum.

    http://www.selectusaproperty.com/

    Best of luck…

    Cheers,
    O

    Profile photo of OrrinOrrin
    Participant
    @orrin
    Join Date: 2004
    Post Count: 8

    Hi lawsjs,

    Interested in contacting Marty Stone. Looking to buy with a timeframe of September this year.
    Please can I have his contact details.

    Kind regards,
    Orrin

    Profile photo of OrrinOrrin
    Participant
    @orrin
    Join Date: 2004
    Post Count: 8

    Hi Michelle,

    Your best bet is to use an Excel Sheet… to do the calc..

    Interest is calc daily and debited monthly…

    so you'll have your interest rate multiply by 100 and divide by 365..

    that rate multipled by the loan balance will give you the interest for that day.

    add the daily balances upto the monthly anniversary of loan and deduct the repayment amounts…

    Then just click and drag the formula until the balance goes to zero…

    Best Of Luck,
    Orrin

    Profile photo of OrrinOrrin
    Participant
    @orrin
    Join Date: 2004
    Post Count: 8

    Hi FAL,

    You'd be better off, buying the new house as the investment property, making all the changes you wanted to make ( i.e making it livable – or to the standards of a Palace…) Depreciating the cost of improving the investment property for the first year, then sell this Unit ( On which you will not pay CGT )

    Further, when the time comes to sell the house you are living in, depending upon the amount of time you spend in the house you might not be up for CGT at that time either!

    BOL,
    Orrin

Viewing 7 posts - 1 through 7 (of 7 total)