PropertyInvesting.com | Zan | Activity https://www.propertyinvesting.com/members/zan/activity/ Activity feed for Zan. Fri, 17 Apr 2026 11:27:42 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 2a4e1f491516292cb603eee02fceac75 Zan replied to the topic Soil test for toxins in the forum Help Needed! https://www.propertyinvesting.com/topic/4407631-soil-test-for-toxins/#post-4677451 Sun, 16 Sep 2012 01:45:29 +0000 Thanks Scott, will be giving them a call on Monday.

Joe, I live in Maribyrnong.

]]> 6645ab2e1b4687c83c25f0aae38e4f90 Zan replied to the topic Soil test for toxins in the forum Help Needed! https://www.propertyinvesting.com/topic/4407631-soil-test-for-toxins/#post-4677448 Sat, 15 Sep 2012 06:36:02 +0000 Thanks I'll look them up.

The land was previously the government explosives and chemical site and while I understand tests would have been done prior to releasing the land I have a few sick family members all getting ill at the same time.  I could just be paranoid but it's better safe then sorry.

]]> a83f40473afc4b1e97b199dd96d5b45d Zan replied to the topic LoC loan against IP in the forum Finance https://www.propertyinvesting.com/topic/4399579-loc-loan-against-ip/#post-4622489 Mon, 19 Apr 2010 05:55:47 +0000 Terryw wrote:
Thats about it. If the trust buys a property that is negative geared it will need a cash injection to continue to operate. A gift or further loans.

Thanks Terry – but what about protection, I have been reading this thread with interest:https://www.propertyinvesting.com/forums/getting-technical/finance/4331681A few months ago I…[Read more]

]]> 3bf221fae92092d9a438ef6151cea571 Zan replied to the topic LoC loan against IP in the forum Finance https://www.propertyinvesting.com/topic/4399579-loc-loan-against-ip/#post-4622487 Mon, 19 Apr 2010 05:15:01 +0000 Dan42 wrote:
No, they can carry forward until used up.

Thanks!

]]> 2e26669cd80a284004ce616b37ba06c2 Zan replied to the topic LoC loan against IP in the forum Finance https://www.propertyinvesting.com/topic/4399579-loc-loan-against-ip/#post-4622486 Mon, 19 Apr 2010 05:13:21 +0000 Terryw wrote:
I think it is possible to claim the interest – but you will be receiving interest from the trust so these will cancel each other out. The net result is the trust gets the deduction. There is no real way around this as the interest you pay on the LOC will only be deductible if you are using the money borrowed for investment/business…[Read more]

]]> 02ac7188a9abf85fea5dfa7445487a7f Zan replied to the topic LoC loan against IP in the forum Finance https://www.propertyinvesting.com/topic/4399579-loc-loan-against-ip/#post-4622484 Mon, 19 Apr 2010 04:49:20 +0000 Dan42 wrote:
On your first point. With a family trust, the losses stay in the trust. Over time, as rents increase, the property will eventually become cash flow positive. The losses in prior years are offset against future years income.Second point – I don't think that is your only option, but I'll leave that to someone more…[Read more]

]]> f31b16028630b94ab1d7398d3626ee4f Zan replied to the topic LoC loan against IP in the forum Finance https://www.propertyinvesting.com/topic/4399579-loc-loan-against-ip/#post-4622481 Mon, 19 Apr 2010 03:54:44 +0000 Hi Terry,Helpful as always!Correct when I am doing my calculations I am hoping to claim a personal tax deduction on the LOC interest as well as the home loan for the IP – but I don't believe it can be possible with a trust from what I've read.Thanks

]]> a8d4a3886adde2b632f72386ecd7bc56 Zan replied to the topic LoC loan against IP in the forum Finance https://www.propertyinvesting.com/topic/4399579-loc-loan-against-ip/#post-4622479 Mon, 19 Apr 2010 03:28:53 +0000 Hi guys, just want to piggy back on this thread as my question is in relation to a LOC and tax deductibility.  I have been reading much on using equity to finance loans to acquire further investment properties and being able to claim tax deductions on your personal income for the interest accumulated on both the LOC and new loan.This is all great…[Read more]

]]> 2fa9423ffe1582257ef48f4bce488331 Zan replied to the topic Line of Credit Loan structure in the forum Finance https://www.propertyinvesting.com/topic/4399271-line-of-credit-loan-structure/#post-4620356 Thu, 01 Apr 2010 03:44:39 +0000 Absolutely awesome tip Richard – much appreciated.  Never thought of doing it that way.

]]> 0efb8018144d6bd91343676b317f68ba Zan replied to the topic Line of Credit Loan structure in the forum Finance https://www.propertyinvesting.com/topic/4399271-line-of-credit-loan-structure/#post-4620354 Thu, 01 Apr 2010 00:47:59 +0000 Thanks for this thread, it has some good info.Can I ask how a LOC would work if the situation is this:- My parents own our PPoR under their name and the bank loan is also under their name- We have been working together to pay off our PPoR (there is only a small percentage that is unpaid at this stage)- Now I wish to use some of the equity in our…[Read more]

]]> a54f3f968ba2f3e85e0fcb266f5a5f92 Zan replied to the topic Depreciation & Tax on Negative geared IP in Company/Trust structure in the forum Help Needed! https://www.propertyinvesting.com/topic/4399181-depreciation-tax-on-negative-geared-ip-in-companytrust-structure/#post-4619728 Wed, 31 Mar 2010 11:16:12 +0000 Thanks for the prompt reply Dan, clears it right up.

]]> 6a3fe93f5422e3f7325af8f877ec39a2 Zan replied to the topic Depreciation & Tax on Negative geared IP in Company/Trust structure in the forum Help Needed! https://www.propertyinvesting.com/topic/4399181-depreciation-tax-on-negative-geared-ip-in-companytrust-structure/#post-4619724 Wed, 31 Mar 2010 04:28:52 +0000 I was going to start another thread but my question relates to this one so here I go.  I am a little confused on conflicting information I have obtained regarding negative gearing and trusts, namely unit trusts.In Tony Melvin and Ed Chan's book "How to legally reduce your tax" they claim you can use a unit trust and as an income unit holder you…[Read more]

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