Isiah Thomas replied to the topic My dilema in the forum Help Needed! 11 years, 8 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, 9 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, 9 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, 1 month 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!!!!!!!!!