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  • Profile photo of akdonoakdono
    Participant
    @akdono
    Join Date: 2010
    Post Count: 4
    January 14, 2010 - 4:30 am

    Ahh.. now I understand the 2 loans. Thanks Terryw I will check this out with the accountant.
    As always, the more I learn the more I realise how much there is to learn!
    Thanks.

    Profile photo of akdonoakdono
    Participant
    @akdono
    Join Date: 2010
    Post Count: 4
    January 13, 2010 - 11:59 pm

    Hi Richard,

    Thanks for your help. I have another couple of questions so please excuse my nievity as I ask them!

    Is there a better option re the rent/taxable income from the family home? And..
    Why the 2 separate loans?
    Having the 60k still available but being useful is a much smarter idea – thanks. This really is a whole new world from the one residentail PPOR loan! 

    Thanks for your patience

    Profile photo of akdonoakdono
    Participant
    @akdono
    Join Date: 2010
    Post Count: 4
    January 10, 2010 - 3:45 am

    Thanks evolve. We expect to be positive geared so will head off to the accountant with family trust set up as the plan. Thanks again.

Viewing 3 posts - 1 through 3 (of 3 total)