jlb2431 wrote:
Hi Aloha,The FHOG only applies if the parties (including a partner) havent entered into the property market before. But there is other government goodies that I am currently taking full advantage of but runing them negative geared at the moment, that is building  new homes off the plan in new developements. I just find a simple r…[Read more]

Thanks Richard,I believe it is CC with my PPOR, and I believe we didnt havent much choice at the time? So I may either need to wait until it is complete, or refinance without the PPOR – I suppose pay mortgage insurance or pay a chunk off it to avoid mortgage insurance . THe house/land hasnt actually fallen in value, I would probably break even i…[Read more]

Wow, all this is interesting – its been a while since I have been on here. – So wouldlike some advice also.,I currently have approx 350K equity in my PPR and am building an investment worth 370K (Altho this wasnt my real choice of investment but got stuck with a block I bought before the crash). My sister is moving in with us and we either want to…[Read more]

Hi JohnnyWhat suburb was your find in. I am in WA, and was going to look there, but may venture out elsewhere?thanksT

Wow, all this is interesting – its been a while since I have been on here. – So wouldlike some advice.,I currently have approx 350K equity in my PPR and am building an investment worth 370K (Altho this wasnt my real choice of investment but got stuck with a block I bought before the crash). My sister is moving in with us and we either want to…[Read more]

Thanks heaps for your advice – I thought as much as far as tax breaks go, by trying to increase my IP mortgage!!  I think then I may try and sell with the tenant in – my only problem there is that it is in the higher price bracket (over 650K) and so there may not be many investors – although the rent is almost 500 a week….Will give it a shot!cheers