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  • Profile photo of gocoastal

    mm  ok thanks..  Yes seems unworthwile to have IP, in my case..thanks

    Profile photo of gocoastal

    Ok sorry.
    Hope this helps-
    When lodging this years tax return , approx how much could i intend to claim back on my IP,It is negative geared, has body corps, rates, legal fees ,mortage insurance etc…  Eg  would i expect to get 50 percent of my expenses back….

    Just curious, as i went into the tax accountants the other day, the young tax accountant, had never done an IP tax return before, and i get very very minimal of all my expenses from throughout the year..Seems very very not worth having an IP.??

    Profile photo of gocoastal

    thanks, yes its only that my wife is from south america,and prices/return on some property, beats here five fold..
    Just not too sure also , if banks include offshore property as equity eg, when appying for home loan/business loan etc..?

    Profile photo of gocoastal

    thanks , i did do a search, the only bank i could see with a global presence is abn amro.I am not too sure though if the do business loans,finance etc..

    Profile photo of gocoastal

    Hi , yes i am interested in south american investment property and info..Pm me if you like..!thx

    Profile photo of gocoastal

    Thanks very much.Yes it has never been an IP , therefore there should be no CGT ?I guess..

Viewing 6 posts - 1 through 6 (of 6 total)