I will just make my own ATM I think.

But sersiously, what about all the ram raids and blowing up of ATMs that would occur, and the skimming etc. I guess this would depend on location though.

Is the money inside the ATM included?

Since you own your own business and work from home it may be best to rent. You can keep the previous house as you main residence an have it exempt from CGT. At the same time you can use a portion of hte place you rent as you place of work and thereby claim the rent. Just start buying investments initially.

Since you are self employed a trust will work well. You should seek tax advice about setting your business up properly and using a trust, with future purchases through a differrent trust.

You have big potential with a $400k house paid off.

Once you get them, where do you put them?

If the car is used for business and the interest deductible it probably would be ok, but otherwise it won't be good to mix investment and personal expenses.

You should change your home loan to IO asap. Otherwise you are diverting money from your new PPOR. You could also consider using the savings from there to pay off the car loan asap as you will be paying a higher interest rate there,

hi Scott

Good points, and you are correct.

in NSW under the Conveyancing (Sale of Land) Regulation 2005

19 Circumstances under which purchaser may rescind contract or option

(1) The purchaser under a contract for the sale of land may rescind the contract:

(a) for the vendor's failure to attach to the contract the documents (referred to in clause 4 and Schedule 1) prescribed under section 52A (2) (a) of the Act, or

(b) for breach of the warranty (referred to in clause 8 and Part 1 of Schedule 3) prescribed under section 52A (2) (b) of the Act.

Schedule 1 clause 4 includes

A section 149 certificate (unless the land is not within a local government area).

A diagram for the land from a recognised sewerage authority (if available from the authority in the ordinary course of administration), indicating the location of the authority's sewer in relation to the land.

etc

You will need to get your lender's permission to wrap – ie sell the property on an installment contract or selling an option – as this will affect their security.

you won't be able to access equity in the property  as the lender will go on market value. With an installment contract you have actually sold the property, but with a delayed settlement , so you can't access any equity in it. With a lease option it may still be possible, depending on whether the option holder lodges a caveat or not.

Many people are being held back by their friendly accountants!

If you are not living together then you are probably ok under the FHOG Act.