Alistair,
I would appreciate it if you recommended me a good accountant. I am in Newcastle but Sydney is not a problem.

Thanks

Thanks Daryl, I was a bit worried. The refund I get back is through negative gearing and I always have a depreciation schedule done. I am converting to interest only presently and I have calculated that the rent will cover the repayments. In fact I am presently working out that another cheaper propery added will alsolet me cover the…[Read more]

Hi Daryl,
I thought I was on the right track. I am getting a tax refund of around $5000 a year back. I will convert the loans to Principal and Interest shortly but I must admit that I thought I was on the right track.