Hi Mel,
Ihave one PI loan on my PPOR and one equity loan. All rent and income goes into an the PI loan and all bills are on VISA until paid at end of month from PI loan redraw. All IP interest is paid from the equity loan including the equity loan payment. So I suppose that I’m really claiming my interest payments as opposed to deferring them in…[Read more]

Hi Terry,

Would not the point of doing be that I’m decreasing or eliminating a non deductable loan?

Hi Terry,

But isn’t the structure in the courts one where you totally defer payment of your investment loan in favour of your home loan?
Isn’t the structure I mention slightly different in that you are meeting your repayments but you are borrowing to do so. So this would theoretically mean the I am borrowing for investment purposes making it a…[Read more]

Hi wealthy,

You just answered my question that I posted on the general forum. Would be interested in talking with you in detail if you are interested.

DEborah

[email protected]

Hi Kelvin

Getting tired of us all yet could I have a copy too? Please

Deborah

[email protected]

The carpets will cost 8,000 the floor will cost @10,000 and there are five units on the block the other two are separated from mine and it is not a body corporate repair or improvement

Thaks for all the return messages its great to get impartial feedback. How about if these units also have a body corporate fee of 708 per quarter (for all three)? [?]

I have managed funds, shares and four properties. I also have a growing number of bank accounts and different lines of credit. My budgeting and bill paying is becoming a real juggle. Some advisers are also pushing trusts and companies. Does anyone have any good system that works for them?

quote:
Hi Deborah. If you put a little more detail about what you exactly want to do, you will probably get a lot of good free advice here on the forum. Restructuring of finances is a little vague and needs more information, for example, refinancing of IP’s, buying shares or investing in other areas, trusts, taxes, etc.

C2
“Is it true the more…

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