Evolve wrote:
Hi Cookie Monster,Well, assuming the depreciation relates to the investment property, then the expense is connected to the receipt of rental income – so the accountant has it right – it definitely goes with all the other expenses relating to the property.Where else do you think the depreciation would go?Would you like me to tell…[Read more]

Hi Paul,The setup at the moment is the St George portfolio LOC home loan and has already got sub accounts attached which is standard for this type of home loan setupCheers karlm

Hi Terry,Thanks for the reply, just one more question, if I am allowed to do this the funds that I use would be a deduction is this true ?

Why cant  you  people pass the full amount on to your loyal customers?????????????????????????????????????????????????????Then again you were all quick enough to raise them out of sequence with the reserve bank now they are lowering the rates it takes you an eternity to lower them.Must be making a pretty hefty profit ????????????????????????????????

Qld007Hi Mate,Just sent email with the info you asked for.Any more info please dont hesitate to email please.Thanks againkarlm

Hi Mate again,What sort of figures and I will send them if you like !!!!!!!!!That email at the bottom of your post is it alright to send you the info on that.!!!!!!!!!Thanks karlm

Hi Duckster,Thanks for the super quick response.I only just a few minutes ago put that post there !!!!!!!!Yes I have a depreciation report done.The IP is an I/O loan.My last accountant said it was not worth worrying about but the next accountant might think otherwise.I work for the gov and my tax for that particular job is between $1000 – $1200…[Read more]

Hi Duckster,Just reading your post for Katies007 that is interesting because we are in the same boat and could I get in contact with you for further dicussion on that particular subject please.Thanks karlm.

hi,Thanks Elka

Hi spudsta,If you have a look at realestate.com.au then go to the link for the RP Data free suburb report and then enter a poscode.Thanks karlm63

Hi all,Yeah just tried to load that site and it does not load up !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!Be very careful pleaseThanks karlm

Hi all,Just reading your posts and comments about the above topic.There is a lady down the road from where I live and she and her 2 kids went for a home loan.They are buying the house that they live in (ppor) for $190,000.The 2 kids work but the mother does not as she is on a disability pension.One of the kids has got a $38,000 debt which includes…[Read more]

Hi qld007 and terryw,
The problem I have at the moment is that if I refinance with some one else I incur break costs of between $6000 to $6500.
I have just found out that if I break within 4 years that is the penalty !!!!!!
I am so frustrated about the whole dam thing !!!!!!!!!!!!!!!!!!!!!!!!!!!!
I do not know anymore ??????
Thanks karlm63

Hi Barbara,
I dont think a LOC is that bad !!!!!!!
I have one and is split one for investment purposes and the other is for personal purposes.
After saying all of that and enquiring on this forum the majority are saying a 100% offset is the go !!!!!!!!!!!
Would you keep us informed please.
Thanks karlm

Hi Condog,
That post you put in about the land content that is very interesting how did you work that out those figures ?
Please explain !!!!!!!
Thanks karlm

Hi Barbara,
The reason I am asking you these questions is because it looks like we might have to refinance sooner than later !!!!
The current institution we are with can not link my home loan to my LOC because they said it can not be done which I think is a load of rubbish because they would be the only institution that does not set it up that…[Read more]

Thanks again qld007 for your input.
Am I able to ask what sort of structure the master himself has got.
I am referring to steve himself in his book he mentions the offset account against his loan is this still correct ?
Thanks karlm

Thanks qld007 for the info.
Whats a HDT stand for ?
Thanks karlm

Hi QLD007,
What would you suggest ??????

Yeah I think they saw us comingOriginally posted by Qlds007:
Wow that is alot of money especially when most mortgage brokers would do it for nothing.

Cheers

Richard Taylor
Residential & Commercial Finance Broker.
Licensed Financial Planner. Ph: 07 3720 1888
richard@tayloredfinancialsolutions.com.au
Looking for life cover – We Guarantee to beat…[Read more]