jetweapon replied to the topic interesting scenario in the forum Help Needed! 15 years, 1 month ago
Are you suggesting that instead of paying the bank the interest repayments or paying body corporate fees for example with my own money that i should pay these expenses by increasing my IP loan amount?
jetweapon replied to the topic interesting scenario in the forum Thank you for the feedback. 15 years, 1 month ago
Thank you for the feedback. I have been playing around with different scenarios in spreadsheets….Consider that i will have a PPOR which i will owe say 150k on and a IP which i owe the full amount on say 350k. I have calculated that the IP will cost me approx 7k per year after calculating the tax savings from depreciation and all other…[Read more]