Here’s 3 more

CG = Capital Gains
CGT = Capital Gains Tax
DS = Depreciation Schedule

Don’t forget to add your own to this list if you can brainstorm some more

Thanks
fudge 111

Just thought I’d add a couple more to my list

BA = Buyer’s Agent
MB = Mortgage Broker

Cheers

fudge111

I guess what I am trying to learn about is if there is advantages in a joint loan scenario and whether what I have said above is illegal or legal?

Wow, lot’s of good information in this thread. I am looking forward to getting back into the property investing game after a decade of putting it off. I cannot put off my passion any longer and I am excited at the adventure that lies ahead!

or were you guys all talking about Int only Loans?

Fudge111[][]

Gotcha!, thanks mobile mortgage, i understand now, so basically it is better because the interest is now not tax assessable, where as in say ING Direct savings maximiser it is, is that right?

Also, why wouldn’t you just use the $5000 to pay off the principal, surely that would be a better option, if you didn’t need the money in the short…[Read more]

Could you guys explain to me more thoroughly about how an offset account works, coz i am only new to this stuff and have never had a mortgage?

Please?

Thankyou.

Fudge111[][]

Quick Question everyone,

I was wondering whether savings accounts like the ING Direct savings maximiser will have rate increases which are the same as what the reserve bank does,

for instance, if the reserve bank pushed ratyes up by another 0.75% next year, would the ING Direct rate go from 5% to 5.75%?

Look forward to hearing back from one of…[Read more]

mmmm, very interesting guys, but i think i’ll stick with ING for the time being, it is all i need at this early stage.

Fudge111[]

Congratulations Richmond~, great stuff, I’m sure you’ll be fine, I’m not married, but in our relationship if we ever leave on bad terms the next time we meet we sort out the problem straight away, communication is essential, then we are fine for our day(s) together.

It is a bit different for you as you would be living together and not 100km away…[Read more]

Well, not when I may need quick access to my money, ING is very flexible, and there is no bank fees ever, and you do not lose interest if you transfer money out of your savings maximiser, and interest is calculated daily.

Fudge111[]

I live in Gisborne Victoria, 60km North West of Melbourne, near the Macedon ranges.

Fudge111[]

I have no problem with public schools, i went to a public school, Gisborne Secondary college, and i scored 93.55 enter. What’s more i was only the 7th highest score, 6 others got higher than me, so that shows that you can still do well if you go to a public school.

Fudge111

I was interested when i read in the paper that since the clash between gillespie and s waugh in 1999 that s waugh had been suffering from constant migranes which were steadily geting worse until late last year when he got his skull looked at and they made some adjustments and now he is fine.

To think all that time when he was out of form and i…[Read more]

Guys,

There is never a time where you can’t talk about footy! What do you want me to talk about, how Australia will beat India 5-0 in the upcoming series, is it a 5 test series?

Fudge111

C’mon Guys, surely there are a few more footy fans out there, i would love to hear your comments on next season!

Fudge111[][]

Hi

We are waiting to finish our Uni degrees. I am completing accountancy at RMIT in Melbourne. Broz is doing Nursing-Midwifery at Latrobe Bendigo. For the summer break though I am working as a manager at IGA Gisborne, full time to save up some $$$$.

That’s about it for the moment, just scanning through the real estate papers and learning as much…[Read more]

We both still have 2 years left of our uni degrees, so we were going to wait a couple of years anyway, it will be very interesting to see where the property market is at that time..

That quote is so true crashy!~~~

Fudge111[]