dirty sanchez replied to the topic tax and LOC in the forum Finance 14 years, 8 months ago
thanks for the input.
dirty sanchez replied to the topic tax and LOC in the forum Finance 14 years, 8 months ago
do lenders offer IO loans with offset ? My understanding was offset accounts can only be linked to P+I loans, unless I need to "have little chat" with my broker………………
dirty sanchez replied to the topic capitalised interest in the forum Finance 15 years, 7 months ago
ahhh, capitalised interest…..?please explain the concept to myslef and all the other folks who im sure as equally confused as me.
dirty sanchez replied to the topic just married in the forum Finance 15 years, 9 months ago
even when i can redraw from the loan at a click of a button ?
dirty sanchez replied to the topic off set account on PPOR future IP in the forum Finance 16 years, 3 months ago
QLD 007if i sold my ppor into a trust and used the procedes for my new PPOR, how can the IP be an tax deduction against my income?BM33W" The Interest Only $300K loan will be tax deductible (correct me if i am wrong)."this what im curious about too as the initial purpose of the loan was for PPOR, although my intention wqas always to live in for a…[Read more]
dirty sanchez replied to the topic re structure in the forum Finance 16 years, 6 months ago
thanks guys,just to clarify your suggestion Terry, the property would transfered to my name after I buy if from my partner(apply for interest only loan, borrow purchase price+ extras, hopefully no stamp duty depending on WA laws), then she gives me the money back to put on the PPOR mortgage…
dirty sanchez replied to the topic re structure in the forum Finance 16 years, 6 months ago
thanks QLD 007,what about a straight transfer of title to me (as long term partner/married) to avoid stamp duty etc and refinance both loans with one lender, maintaining a distinction on the IP so the interest component is tax deductable???