PropertyInvesting.com | timbo. | Activity https://www.propertyinvesting.com/members/timbo./activity/ Activity feed for timbo.. Sun, 12 Apr 2026 16:50:54 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 41eb5e14f0dd3a985cbece147a18d062 timbo. replied to the topic Interest Deductability in the forum Guess I can't have my cake https://www.propertyinvesting.com/topic/4399610-interest-deductability/#post-4622735 Wed, 21 Apr 2010 04:30:07 +0000 Guess I can't have my cake and eat it too…Thanks for the patient advice, it is much appreciated!

]]> cea111ccbfbf246e9020b04697574bab timbo. replied to the topic Interest Deductability in the forum Finance https://www.propertyinvesting.com/topic/4399610-interest-deductability/#post-4622733 Wed, 21 Apr 2010 02:41:46 +0000 Thanks Guys, for talking through this with me.Darn, this is not what I was hoping for…Funny thing is I read about this stuff all the time, but I guess because it is not the outcome I had hoped for it is hard to accept.To Summarise:If Prop 2 was purchased as an IP, the full amount of 400K from Prop 1 would be deductible as long as Prop 2 is…[Read more]

]]> bf6784c983020ac98511141dfbbc2b65 timbo. replied to the topic Interest Deductability in the forum Finance https://www.propertyinvesting.com/topic/4399610-interest-deductability/#post-4622730 Wed, 21 Apr 2010 00:56:20 +0000 Thanks Dan42…I guess my question is, how much of the interest for Prop 1 will be deductible?egCurrent PPOR (Prop 1 – Previously IP but have been living there for 12 months+):Prop 1value = 500Kloan = 300KLVR = 60%offset = 250Kbalance = 50K80% LVR = 400Knew loan amount = 400KSay I revalue the property to gain access to equity at 80% LVR and use…[Read more]

]]> cecb2ba1413662084afe90463e36e22f timbo. replied to the topic Good Accountant in Sydney in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4399500-good-accountant-in-sydney-3/#post-4621976 Tue, 13 Apr 2010 07:23:46 +0000 Committted the cardinal forum sin – asked without looking first!I have done a bit of looking around, and have found recommendations for:http://www.guardianpartners.com.auhttp://www.strategicwealth.com.auThanks, and I will be more proactive in the future!

]]> c6da05d4fbb5f8baad8a4874eea34c9f timbo. replied to the topic Timber flooring questions. in the forum Value Adding https://www.propertyinvesting.com/topic/4399033-timber-flooring-questions/#post-4618786 Tue, 09 Mar 2010 01:30:38 +0000 I put bamboo flooring in my PPOR less than one year ago.
It looks fantastic and I love the fact that it is as hard wearing if not more so than hardwood, but because bamboo is a grass is quick to grow and sustainable.

However, I WOULD NOT recommend you use this for an IP as it would be hard to maintain.
Already we are noticing scratches (little…[Read more]

]]> bd8e92480dd665215192cd1b9e362d7a timbo. replied to the topic Deal or no deal? in the forum Help Needed! https://www.propertyinvesting.com/topic/4399052-deal-or-no-deal-3/#post-4618907 Tue, 09 Mar 2010 01:24:23 +0000 Initial thoughts are: if it is such a strong area, why do they need to offer these incentives?

]]> fcd13f20ae25db7eaa92005af0c7b0f9 timbo. replied to the topic Getting married and family on the cards - buy now or hold fire? in the forum General Property https://www.propertyinvesting.com/topic/4398985-getting-married-and-family-on-the-cards-buy-now-or-hold-fire/#post-4618408 Wed, 03 Mar 2010 11:14:10 +0000 DWolfe,

This is the other side of my dilema.
We want to wait until we have an idea of what we ACTUALLY need instead of what we THINK we need now.

But then will we get overtaken by property prices?

]]> 07f485d3011f2c528cd7fc28ff6791a8 timbo. replied to the topic Getting married and family on the cards - buy now or hold fire? in the forum General Property https://www.propertyinvesting.com/topic/4398985-getting-married-and-family-on-the-cards-buy-now-or-hold-fire/#post-4618407 Wed, 03 Mar 2010 11:11:14 +0000 Dragon72, Thanks for your response, and advice.

Yes, definitely agree with you – we want to keep both current properties when we eventually decide to buy the family abode.

The current investment property we settled early last year and it has been surprisingly pretty much CF neutral (before depreciation and other deductions etc…) since day…[Read more]

]]> 1041103e055400381a85cbac30d26a45 timbo. replied to the topic Moving existing IP into a trust - yes or no? in the forum Help Needed! https://www.propertyinvesting.com/topic/4391559-moving-existing-ip-into-a-trust-yes-or-no/#post-4578025 Sat, 01 Dec 2007 09:19:35 +0000 Tysonboss1 wrote:
I would not move your existing house into the trust,…. But I would set up a structure inwhich to buy future investments in,Do you own your own home,…. If not when you finally want to settle into your own home I would sell your investment that is in your own name to buy your home (since you said it was almost paid off) that…[Read more]

]]> 4673fdaebd53f4f35c6c3faea4c3f73d timbo. replied to the topic banks vs non-banks for loans in the forum Hi hoping, I've just joined https://www.propertyinvesting.com/topic/4391561-banks-vs-non-banks-for-loans/#post-4578050 Fri, 30 Nov 2007 10:51:12 +0000 Hi hoping,I've just joined this forum recently too – posted 2 questions.My girlfriend and I have been shopping around for a mortgage recently as well.We are both in the UK working as IT contractors, so it is not the easiest to prove income to lenders.After several enquiries through various mortgage brokers we have decided to go with a low doc loan…[Read more]

]]> 4994eef5f17cd9e4772a0a5c08604f48 timbo. replied to the topic Income losses carried forward. in the forum Legal & Accounting https://www.propertyinvesting.com/topic/4391403-income-losses-carried-forward/#post-4577055 Fri, 16 Nov 2007 13:45:33 +0000 Cheers, thanks for the info all – much appreciated!

]]>