Hi Jamie

Apologies for the late reply

To answer your question YES the purchases would be local

Cheers

Thanks Terry

Thanks Richard

Im seeing accountant end of the week…will discuss the options Spousal/Trusts.

At the moment Im thinking getting a LOC set up (to help with deposit etc) and then a separate loan (offset)for the new property…seems like the preferred method Ive seen many others use here.

Im debating forgoing looking for a step up…[Read more]

Hi Terrymy head is easily spinning at the permutations..I did not get your figures..my lack of understanding Im sureIm also thinking out aloud to spousal regear for 550K and then rent the current owned PPOR…but this triggers CGT event I guess..and stampduty ..Im assuming the ACT is not into free spousal transfer ?I think I need some good acc…[Read more]

Thx again JamieHi RichardThe properties are in the ACT

Thanks Jamiehmmm yeah I guess we are stuck with not being able to claim…..I will have to have a chat to someone local about spousal and trusts costs…Perhaps we could/should buy the new PPOR rather as a investment property (rent it for 12 months minimum) and then reevaluate the market (which seems to be toward the buyers right now)..perhaps the…[Read more]