Total Members: 158,197

robyna

  • robyna replied to the topic Anyone with current experience in Holiday Rental House Gold Coast? in the forum General Property 15 years, 3 months ago

    Thanks Will, I appreciate your feedback.Unfortunately (or fortunately depending on your viewpoint!) my proposed house is on the Isle of Capri… still hopeful it will be a viable proposition. As I said I want to purchase with a view to it being my PPOR down the track, so this is my motivation (and the ability to service the loan in the meantime)…[Read more]

  • robyna replied to the topic Mascot ,is it a good suburb to invest? in the forum General Property 15 years, 3 months ago

    dna4 wrote:
    thank for the reply.I dont think it is in direct flight path of the airport. Went there in the morning arround 10ish , it is not that noisy.Spoken with the developer today, doesnt seems convincing about the building . Has anyone heard about JOHN ELIAS as the  builder / developer? The dude told me that the developer had been in the…[Read more]

  • robyna replied to the topic IP structure / Purchase, Live-in & rent back home office in the forum Legal & Accounting 15 years, 3 months ago

    eddiec wrote:

    Terryw wrote:
    Trusts can negative gear – losses from an investment property can be offset by other trust income, but you cannot offset personal income. This shouldn't be a problem with being self employed.I would urge you not to buy in the same entity as your business. If you do, then you will be exposing the house to creditors…[Read more]

  • robyna replied to the topic IP structure / Purchase, Live-in & rent back home office in the forum Legal & Accounting 15 years, 3 months ago

    Terryw wrote:
    Trusts can negative gear – losses from an investment property can be offset by other trust income, but you cannot offset personal income. This shouldn't be a problem with being self employed.I would urge you not to buy in the same entity as your business. If you do, then you will be exposing the house to creditors if your business…[Read more]

  • robyna replied to the topic To sell one property now or bridge finance ? in the forum Qlds007 wrote:
    If you like
    16 years, 4 months ago

    Qlds007 wrote:
    If you like the property and it is your PPOR then there is no CGT if you sell it now or within the next 6 years so why not retain it borrow against it and purchase the new surfers paradise unit.Guess only issue is if their is little loan against the property and it will mean that the interest on your new house will not be tax…[Read more]

  • robyna replied to the topic Any ideas on creative refinancing please? in the forum Help Needed! 16 years, 4 months ago

    JONCHU wrote:
    This is what I would do, I would keep the lot, wont sell anything, get a line of credit against PPOR, enough to use for 20% deposit + costs for the new property, negotiate well, double check that the numbers stack up nicely and lock another property into my portfolio. Not sure how creative this is, however it works.  Happy I…[Read more]

  • robyna replied to the topic Reshuffling Debt / Owner occupied in the forum Finance 18 years, 7 months ago

    Yes Steve, the loan structure is my problem now since I might be turning my PPR into an IP, not my original intention, at least not at this stage anyway. Not a good idea to have 80% loan on my new PPR but can’t see any way around it as I’m not prepared to sell either of my current properties now.
    Thank you again for your assistance.

  • robyna replied to the topic Reshuffling Debt / Owner occupied in the forum No Subject 18 years, 7 months ago

    Thank you for your advice Steven. Re interest rates quoted, they are both with St George (Portfolio @.5% discount for home loan; Std Variable @.25% discount for investment property) If I purchase a PPR on the Gold Coast my total borrowings are likely to rise to over $1m, so I will be shopping around for the best deal! Thank you again!

robyna

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