We just received our cheques from dear ATO.[biggrin]
I decided to spend part of it wisely[whistle] (clothes, shoes, fun)[upsidedown] and part of it will go into the LOC (the largest part)[buz2].
What are you gonna do with the beautiful, beautiful ATO cheque?
Celivia
Similiar. I park part of it in offset account and the rest I’m going to use to pay down a ‘bit’ of principle on an investment property.
Cheers,
Gatsby.
(Oh!..and maybe it’s time for a new pair of blue jocks?)“Sometimes the hardest thing to do in life is often the best thing to do.”
With all of these industrial properties we’ve been buying over the past 18 months….the cashflow and depreciation have been enough to turn our negative residential portfolio around to the point where we no longer receive a cheque back.
I think that’s a good thing…but at this time of the year when you have to write a small cheque to the ATO it sure doesn’t feel like it. [cry]
Cheers,
Darryl Moore
“No point having a cake if you can’t eat it.”
Hehe Dazzling, I’d ALMOST feel sorry for ya! [biggrin]
Celivia
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