I will have to disagree with you there noddies on a number of issues:

I enjoy the interesting and useful material but I am appalled by the implications of what I am encountering in the course.
This only proves that little and incomplete knowledge is dangerous.

He then continues to show his ignorance of what and how a managed fund works,and…[Read more]

Hello again, one other much delayed question. I realise you can claim lenders mortgage insurance back over 5 years on an IP. If you purchase a house as a PPOR using LMI and then change it to an IP after 6 months can you claim the LMI? Cheers all.

If you change your ppor into an ip after 12 months can you claim the stamp duty as you would if the house was bought as an ip?

Sounds good. I don’t mind being in the house for a year and then renting it out. As long as there are no hidden costs:-)

Thanks for the help people. Having separate loans will work well as I can pay off my non-tax deductible loan first.

So I couldn’t just withdraw the money out of my current home loan?