Wow Steve Mc knight replied back to me, I feel honored, I just read your book recently which brought me to your forum awesome.
Oh ok I understand steve, so it is the interest on loan that is deductible. So for example if I wanted to buy an IP as my first purchase for $500,000 10% deposit with offset interest only structure. Live there for a few…[Read more]

where is the search bar? I thought this was a forum why is it so complicated

Hey Catalyst

Thanks for the reply, Oh I see I am very new to this and I better keep having a read and become more knowledgeable at this. I am reading other forums on here about setting up as IP and interest only loans with offsets and your remaining principle being tax deductible so I assumed there was ways to set up your properties IP or PPOR So…[Read more]

Oh thank you for your great advice Jamie it was very informative. Jamie can you explain to me tax deductible and non deductible and how it relates to the property investing I always see people on this forum mentioning it and it is very confusing. 

Thanks Jamie

Wow thank you Mark the information you shared is awesome, I understand now , its a matter of doing the right homework before you buy, so off the plan could be great if it features everything you have mentioned so there is really no right or wrong answer , its really up to the knowledge of the investor or buyer? Same goes for existing properties if…[Read more]

Hey Shape, thanks I think I understand now, so off the plan is basically the developers project he develops everything fixed the way he wants it to be i.e floorplan, which you cannot adjust. And home and land package where it is not off the plan gives you the freedom to choose how you would like your home developed?
So basically off the plan…[Read more]

Thanks the finance shop So are you saying if the area is new or unheard of it is bad?? But better to build a home in an existing suburb that has a current market value??  What if there is no land to buy to build your own home in those suburbs, than how do people build there own homes?? I think I am getting really confused between off the plan and…[Read more]

Hey jamie I am from Sydney and just wanted to ask if I use your interstate services will I deal directly with you or will you direct me to an assistant or staff?? Not to be rude or anything just asking because you have a great reputation on here jamie its just that I have used many services from lawyers and brokers which have a good feedback…[Read more]

Hey guys I am really new to property investing too and I wanted to learn and ask from Dereks question, if Derek wanted to invest and deposit with $10,000 on a 150k – 200k loan say about 5% deposit and wanting to rent it out as a Ip would that mean it would be negatively geared and the only source of profit would be from capital growth only ??? 

Hey Jamie

Thank you, I am confused about the tax deductible and non deductible side. So if I had a PPOR with interest and principle loan and decided to buy a new property  to live in, would it be bad to rent out my PPOR, be better off just buy and hold strategy and sell it than rent it.  Man these structures get confusing on how to buy with IP…[Read more]

Nice Jamie thank you, So for example if I already had a PPOR with principle & interest repayments and than decided to purchase IP with interest only am I disadvantaged in tax??

Thank You Terry I understand now

Hey Terry, the company is formed for our business we are doing accessories and textiles.

And we want to buy in the company for an investment property? 

Is this bad ?

Thank you for your kind advice

haha thanks guys for all the informative advice.

so for example anz standard variable is 5.08% and comparison is 5.43% ongoing fee $375 annually  does that mean the life of the loan will be 5.43% or that just the upfront fees would be extra 0.35% ??

is the comparison rate basically just including the upfront fees or annual fees for example…[Read more]

hank you so much guys , I spoke to a broker today and asked him to explain to me what the comparison rate and the difference to standard variable?? He could not really give me a answer and said don't worry so much about the comparison rate. Should I be worried ? is this a worry ??

Thanks Guys

^ lol Terry yea maybe I got sold by the book, but its great because now I have more of an idea, this forum is great I have learnt more from just reading other peoples post than I have ever learned before.

Terry is Interest only good if its an investment property ,? so if it was PPOR and I plan to live there for god knows how long and maybe want…[Read more]