PropertyInvesting.com | Pellowe | Activity https://www.propertyinvesting.com/members/pellowe/activity/ Activity feed for Pellowe. Sun, 12 Apr 2026 10:14:03 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 a32c8e06e7b2071c2b7a82f174c79fea Pellowe replied to the topic Capitalising Interest ? in the forum Again I'm not an accountant, https://www.propertyinvesting.com/topic/4390586-capitalising-interest-2/page/2/#post-4572840 Sun, 09 Sep 2007 23:46:07 +0000 Again I'm not an accountant, but the good ones seem to advise against claiming interest on capitalised interest.  I don't think capitalising it's bad – quite the contrary.  But to keep my nose clean and beyond reproach, I wouldn't claim it.  The ATO seeks and destroys schemes designed to avoid tax, so if that is the goal, forget about it; but as…[Read more]

]]> 93a5653e48fa0cedf86713d3ec5f4757 Pellowe replied to the topic Capitalising Interest ? in the forum Finance https://www.propertyinvesting.com/topic/4390586-capitalising-interest-2/#post-4572833 Wed, 05 Sep 2007 01:29:22 +0000 My understanding is this has been thoroughly tested, and although I can't quote quote anything, the guideline is you can't claim interest on interest, only on the original cost.

]]> d11b48d451845fd525fb94f594586c8a Pellowe replied to the topic Jenman/Fincorp and others - very sad !! in the forum General Property https://www.propertyinvesting.com/topic/4390260-jenmanfincorp-and-others-very-sad/#post-4570998 Fri, 27 Jul 2007 21:40:10 +0000 Buyer beware. It's a very sad, unfortunate situation.  Let me share some sunshine.  I know a private day trader (took private investor money in 100k increments and played the markets) who lost everything – and was responsible and displayed incredible, independent integrity.He sold his assetts to pay back his investors, when he could have closed d…[Read more]

]]> 37ed2efe397e3769d2d72de08060051c Pellowe replied to the topic Probably a dumb question... in the forum Help Needed! https://www.propertyinvesting.com/topic/4390244-probably-a-dumb-question/#post-4570922 Sat, 21 Jul 2007 07:58:07 +0000 Hi Sdem,I reckon most members of this forum would agree there's no such thing as a dumb question as we're all at different stages of experience in different areas of property investing.  In fact, if there was such a thing, a dumb question is cheaper than a dumb mistake!  So keep 'em coming.Count up all the ongoing costs of an investment: loan i…[Read more]

]]> d0de1e11774c9aeee6a19e6aed2c4929 Pellowe replied to the topic Refinance now? or wait another year? in the forum Help Needed! https://www.propertyinvesting.com/topic/4390125-refinance-now-or-wait-another-year/#post-4570302 Fri, 13 Jul 2007 11:07:07 +0000 You really to need to see a good mortgage broker and get personal advice.  This forum is great for tips and directions, but not complete solutions.  Ask all your friends if they've ever used anybody who'd they recommend you should use.  It seems like you know what you want to do, and you just want it to be a good idea; so do the research, and do…[Read more]

]]> 9ac6995a8b3b4c0c8f590258e1d0da65 Pellowe replied to the topic Which loan structure? in the forum Help Needed! https://www.propertyinvesting.com/topic/4390152-which-loan-structure/#post-4570447 Thu, 12 Jul 2007 07:44:27 +0000 Hmmm. Is that a quote from the guidelines?  I'm certainly open to being wrong, and thankful for the heads up if so. It certainly is news to me though…

]]> e2087aaa54c4148619f1854a74b80734 Pellowe replied to the topic Which loan structure? in the forum Help Needed! https://www.propertyinvesting.com/topic/4390152-which-loan-structure/#post-4570445 Thu, 12 Jul 2007 07:21:43 +0000 Mrman wrote:
I'm guessing this only applies if you completely pay off the first PPOR?I'm also not sure if it would be a better idea to get an Investment Property Loan and save the FHOG for later. If purchased as PPOR the interest is not tax deductible until property is converted to IP?CheersGeorge

Ah… no.    Anytime you borrow money or re…[Read more]

]]> 0e5c1fcaeae375e9fa64fb533fbfed3f Pellowe replied to the topic Refinance now? or wait another year? in the forum Help Needed! https://www.propertyinvesting.com/topic/4390125-refinance-now-or-wait-another-year/#post-4570295 Tue, 10 Jul 2007 11:54:28 +0000 OK.  Make sure you get an estimate (can only be indicative in early stages) of the total costs including mortgage duty and lenders mortgage insurance so you can count the cost and weigh it up against the benefits.  Emotional benefits are still important.  Cash flow relief is very valid, and if you make sure you've got some flexibility, you can up…[Read more]

]]> 43bbb6022c567e95768b38a702927925 Pellowe replied to the topic Which loan structure? in the forum Help Needed! https://www.propertyinvesting.com/topic/4390152-which-loan-structure/#post-4570442 Tue, 10 Jul 2007 11:01:52 +0000 Hi GeorgeThere are three main ways to make use of extra funds to benefit your mortgage. Line of credit, redraw, and offsets.  The line of credit is a fully transactional mortgage whereby your loan is more similar to a credit card with extra zeroes in the credit limit, and anything you pay off the balance can be immediately accessed via any method…[Read more]

]]> a32bae43b3cdd7addf7b455ad627ad3b Pellowe replied to the topic Refinance now? or wait another year? in the forum Help Needed! https://www.propertyinvesting.com/topic/4390125-refinance-now-or-wait-another-year/#post-4570293 Tue, 10 Jul 2007 10:32:11 +0000 Hi Passnby,If I may add my two cents worth, I do mortgage and finance advice for a living. What other have contributed is pretty sensible for the most part.  The maths of refinancing when you have to pay Lenders Mortgage Insurance (anything over 80% of your home value) doesn't really justify the potential short term savings.  If there's a d…[Read more]

]]>