Montefanno wrote:

bjsaust wrote:
How did you come up with that interest figure? Is that your conservative "what if?" number? It seems to be over 9% p/a.

Sorry, it should have read 'repayments', its the interest & principle on approx $190,000 over 30 years at 7.8% interest. 

Why pay PI on an investment loan? If you are an accountant think…[Read more]

naughtyj wrote:
Thanks.  Kind of figured as much, but it never hurts to ask.Subsequent question:  I'm figuring that property prices won't move upward much in the next 12 months much, and I will be getting a current 2011 valuation on the property in a few weeks.Would that establish the basis for its "cost" value when I move out and use the dif…[Read more]

Catalyst wrote:
While yield is very important, without CG you are not moving ahead.

You are actually going backwards as inflation is around 3%!

Yes, deposit = repaying the loan.taking it out = new borrowings.Interest on borrowings will only be deductible if  the money is used for investments.If you reborrow the $12k you will contaminate your loan and create a mess like this guy https://www.propertyinvesting.com/forums/property-investing/help-needed/4336793?#comment-237756

JO_Qld wrote:
hi I couldn't find the attachment for the history of hybrid discretionary trusts to read through…not sure if I was looking in the right spot.  I am trying to assess if we are best using this type of structure to purchase an IP and rent to ourselves at market rent.  We run a small business and are about to pay our PPR off.  I have…[Read more]

Its messy and will be hard to apportion interest at tax time.eg. You had a $100,000 loan. paid it down to $80,000 and then take $1000 out each month to live on. Only the interest on $80,000 is deductible. This would be easy to work out if it was IO, but being PI makes it much harder.at month 1 your ratio is $80,000 borrowings for investment and…[Read more]

I think you may find that bankruptcy is listed on your credit file for 8 years.

If someone passes their main residence to a beneficiary under their will then sell it within 2 years it will generally be exempt from CGT.s118.195http://www.austlii.edu.au/au/legis/cth/consol_act/itaa1997240/s118.195.htmlIf it is not the main residence of the deceased or the beneficiary then s118.200 will…[Read more]

hi IntrigueA PPOR can generally be passed to a beneficairy without tax or stamp duty under a will. It remains tax free for 2 years and then would be subject to CGT if they were to rent it out or may be exempt if it were to become their PPOR.Not sure about the gifting a portion each year. Maybe you are referring to the centrelink rules where…[Read more]

As far as I know there are no concessions in any state for added a non spouse to title. There are exemption for adding a spouse to title for own occuped property, but usually not for investment properties – except for VIC.You need to consider CGT implications as well as the stamp duty. Generally there wouldn't be any CGT concessions unless it…[Read more]

Chloetry Fast http://www.fastgroup.com.au/member-benefits/additional-services.aspx

Building works will need to be depreciated over 40 years. Smaller items such as fittings and fixtues will be able to be depreciated over a shorter period depending on the item.A trades person does not have to do the work to make it a deduction. Basically all items associated with a property can be deduccted somehow. Also factor in your travel…[Read more]

Thanks for the link. Looks good,

Why Rob?

I don't know much about indonesia, more about thailand. That doesn't mean Indonesia is more secure. I think it is jsut as corrupt there as in Thailand.I know that you can do a lot to prevent the nomiee seling such as mortgaging, 30 year leases, caveats, options etc. But how well these work is not known. If you read the link about you will see…[Read more]

I would also suggest you don't do it, or try great caution in doing it.CSRA has some good points, you need to plan for (or either party or their spouse):- Divorce,- Death,- Insolvency- Tax issues- Financing- Exiting- etceg. Imagine the spouse of your partner goes bankrupt. Her trustee in bankrutpcy could possibly come after your partner's share of…[Read more]

try omegapartners.com.au in Sydney

Probably a bad idea!see my comments herehttps://www.propertyinvesting.com/forums/property-investing/overseas-deals/4335562

If you only ever had IO loans you will never pay off the property. But this isn't necessarily a bad thing because:1. You can get to own more properties but stretching your investment dollars further2. Inflation and price growth.Imagine, my friend's parents bought a property in Sydney in 1960s for $16,000. It is now worth $1mil+. The annual rent…[Read more]

julieanne_w wrote:
 Re the above suggestions of holding onto the money for a future PPOR purchase …could you put the money into the investment property to save on interest for the time being and then draw down on this later to fund the PPOR?  

You could use a redraw. But then you would be losing money by paying extra tax.once you pay a loan i…[Read more]