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Viewing 7 posts - 1 through 7 (of 7 total)
  • Profile photo of dirty sanchezdirty sanchez
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    @dirty-sanchez
    Join Date: 2008
    Post Count: 15
    February 21, 2010 - 12:28 pm

    thanks for the input.

    Profile photo of dirty sanchezdirty sanchez
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    @dirty-sanchez
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    Post Count: 15
    February 21, 2010 - 8:48 am

    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………………

    Profile photo of dirty sanchezdirty sanchez
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    @dirty-sanchez
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    March 20, 2009 - 5:12 am

    ahhh, capitalised interest…..?

    please explain the concept to myslef and all the other folks who im sure as equally confused as me.

    Profile photo of dirty sanchezdirty sanchez
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    @dirty-sanchez
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    Post Count: 15
    January 14, 2009 - 4:32 am

    even when i can redraw from the loan at a click of a button ?

    Profile photo of dirty sanchezdirty sanchez
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    August 8, 2008 - 12:48 am

    QLD 007

    if 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 while then move on and keep it as an IP, satisfying the TAX dept is the question.

    Profile photo of dirty sanchezdirty sanchez
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    @dirty-sanchez
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    April 16, 2008 - 4:16 am

    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…

    Profile photo of dirty sanchezdirty sanchez
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    @dirty-sanchez
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    Post Count: 15
    April 14, 2008 - 10:19 am

    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???

Viewing 7 posts - 1 through 7 (of 7 total)