PropertyInvesting.com | RENEE2003 | Activity https://www.propertyinvesting.com/members/renee2003/activity/ Activity feed for RENEE2003. Fri, 17 Apr 2026 14:35:28 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 8681e0a52852b51b5871a18f27b2d1d4 RENEE2003 replied to the topic What's your profession? in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4367252-whats-your-profession/page/13/#post-4424717 Wed, 24 Sep 2003 08:53:56 +0000 I work for channel seven doing admin part-time. With the rest of my time I look after my 2 year old daugher.
I see there is a few fireman, my husband has been a fireman for 7 years in the NT.

]]> a918bf507f07e09d8944e9977e886878 RENEE2003 replied to the topic Mortgage offset accounts. in the forum No Subject https://www.propertyinvesting.com/topic/4368058-mortgage-offset-accounts/#post-4429437 Mon, 22 Sep 2003 11:26:05 +0000 Thanks for your help. Might do tomorrow if it hasn’t sunk in by then.

Bye all.

]]> 6cf64581bee81805fd1a7b09eaa54969 RENEE2003 replied to the topic Where do I put my money?? in the forum No Subject https://www.propertyinvesting.com/topic/4368093-where-do-i-put-my-money/#post-4429577 Mon, 22 Sep 2003 10:55:07 +0000 Thanks makes better sense now. I put mine and my husbands whole income fortnightly into our home loan and then redrawer at the beginning of each month to pay off our credit card. So with a savings account on the side I can still do this and pay my ip off sooner.

]]> f93fa2ebd3b7190b7ccdc40c123cf8e4 RENEE2003 replied to the topic Mortgage offset accounts. in the forum No Subject https://www.propertyinvesting.com/topic/4368058-mortgage-offset-accounts/#post-4429434 Mon, 22 Sep 2003 10:15:51 +0000 My interest rate is 6.57% variable with CB. I want to change this over soon to a lower fixed rate.

Don’t have any other debts. Should I just save money into a ING account?? Better interest rate.

]]> f310404073edb9a36d5fc5f6d8d625f9 RENEE2003 replied to the topic Mortgage offset accounts. in the forum No Subject https://www.propertyinvesting.com/topic/4368058-mortgage-offset-accounts/#post-4429432 Mon, 22 Sep 2003 10:00:31 +0000 So does that mean what ever money goes into paying off my ip will be taxed at 48.5%?? What can you do to lower that tax rate, is there anything??

ING bank have a savings account for 4.75% I think maybe that would be better??

What do you think?

]]> 9304530d490f293f8dde30d57333806f RENEE2003 replied to the topic Mortgage offset accounts. in the forum No Subject https://www.propertyinvesting.com/topic/4368058-mortgage-offset-accounts/#post-4429430 Mon, 22 Sep 2003 09:53:33 +0000 No he didn’t he just said I can’t. Stupid me it was my first time to an accountant so I just sat there and listened and didn’t really say much.
I don’t think he knew what he was talking about.

]]> 2ffd89ab99b6064a657d196b010c96e4 RENEE2003 replied to the topic Mortgage offset accounts. in the forum No Subject https://www.propertyinvesting.com/topic/4368058-mortgage-offset-accounts/#post-4429428 Mon, 22 Sep 2003 09:43:06 +0000 Thanks for that. My accountant told me not to put it into my hoan account and put it into a seperate account but that never made sense to me when I can redraw it in any amount, at any time and with no fee from my current home loan.

]]> 811ec32f71ddc0b02c313a2feb131b6f RENEE2003 replied to the topic Mortgage offset accounts. in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368058-mortgage-offset-accounts/#post-4429426 Mon, 22 Sep 2003 09:22:43 +0000 So if I put money into my ip it wont affect the amount of tax I get back at tax time for the propety??

Thanks for your help.

]]> 9fb0d7fc7c793aa50541753702123027 RENEE2003 replied to the topic Advice Needed !! in the forum No Subject https://www.propertyinvesting.com/topic/4368081-advice-needed-4/#post-4429522 Mon, 22 Sep 2003 07:04:24 +0000 So can you tell me why it is not a good idea to put my extra money into my ip if I can withdraw it from my account at any time???

Thanks for your help!

]]> ec0f524bbb4fe7c757761ddd3490bc08 RENEE2003 replied to the topic Advice Needed !! in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368081-advice-needed-4/#post-4429520 Mon, 22 Sep 2003 06:03:08 +0000 I’m sorry but I don’t quite follow, very new to this.

I owe about 80% on my townhouse at the moment so you say I shouldn’t have to pay LMI??

]]> 951b71d7809b62f65057e573e8af410d RENEE2003 replied to the topic Mortgage offset accounts. in the forum The Treasure Chest https://www.propertyinvesting.com/topic/4368058-mortgage-offset-accounts/#post-4429424 Mon, 22 Sep 2003 04:30:00 +0000 Victoria I think I need some advice from you.

I am just about to rent out my townhouse which will make a return of around 10% so I will be making a small amount of profit each week. I am going to be renting a house for next to nothing so what should I do with my extra money that I will be making, put it into my investment propety or have a…[Read more]

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