https://www.propertyinvesting.com/members/simbacat/activity/ Activity feed for simbacat. Sat, 11 Apr 2026 16:38:16 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 832d9185c08a3684d3038cdf68e4db89 https://www.propertyinvesting.com/topic/4391525-should-i-refinance/#post-4577793 Tue, 27 Nov 2007 04:37:49 +0000 Aaaah, a penny just dropped! I didn't realise that the $140k portion of the new mortgage for IP would not be tax deductible if it is then used towards PPOR. It is all getting a bit clearer for me now.

]]> 9a4b0c4a336ce306cf5f4d2e1f20aa5d https://www.propertyinvesting.com/topic/4391525-should-i-refinance/#post-4577789 Tue, 27 Nov 2007 01:21:07 +0000 Thank you again for taking the time to help me through this! I understand the part about using the $140k for the new property we are planning to live in, and I understand about the fully tax deductible debt of $330k for the IP. The part that I think I am missing is why the unit would have to be "sold" to my husband to do this. I guess I just…[Read more]

]]> c8bd2924cf19d244e1a73648263d63e4 https://www.propertyinvesting.com/topic/4391525-should-i-refinance/#post-4577787 Mon, 26 Nov 2007 23:54:10 +0000 Thanks Mortgage hunter… I am not sure if I am missing something though. What is the benefit of "selling" the unit to my husband, over getting a new mortgage in my name for $330,000 to free up the $140,000 to put in to our new place. Is that possible?Thank you

]]> 0e846c4d06cbfa237d6de7e6c4e4ef80 https://www.propertyinvesting.com/topic/4391525-should-i-refinance/#post-4577785 Mon, 26 Nov 2007 22:37:37 +0000 Thank you all so much for your feedback so far.Propertypower & qlds007…… I bought the unit for $289,000 in 2005. The mortgage was for $217,000, and is now down to $189,000. It is currently rented out for $320 per week, and from recent sales in the block would estimate that it might sell for $320 – $330,000 at the moment.   I hope this h…[Read more]

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