Total Members: 159,403

Isiah Thomas

  • 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,
                  Isiah

  • Isiah 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!!!!!!!!!

Isiah Thomas

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