Isiah Thomas replied to the topic My dilema in the forum Help Needed! 11 years, 10 months ago
Hey guys, just another quick question. I have been reading that an offset account is better for my investment property than a redraw account. The reason being taxation purposes. If I use a redraw account to pay down my debt and then want to take all the money out to buy a PPOR, the interest I am now paying again on my investment property is no…[Read more]
Isiah Thomas replied to the topic My dilema in the forum Help Needed! 11 years, 10 months ago
Cheers Jaimie, and yeah no credit card debts thank goodness
Isiah Thomas replied to the topic My dilema in the forum Help Needed! 11 years, 10 months ago
Thanks for the speedy reply BigCubez, I thought this to be the case
Cheers,
IsiahIsiah Thomas replied to the topic Do i start paying off the principal of my loan in the forum Help Needed! 13 years, 3 months ago
Hey thanks heaps guys, I'll have to contact my bank tomorrow and see if I can set up an offset account…. Thanks again!!!!!!!!!