Hey Susie,

Thanks for that. It’s great for someone to come on hear and offer everyone else a deal that they can’t service themselves at this time. I’ll be looking into that one today and I’ll let you know if I think it’s any good.

Luckyone

Hi Susie,

If you have the name of that agent I would appreciate it too if that’s OK.

[email protected]

Thanks,
Luckyone

Hello All,
I just tried to access kazaalite.com and it says that the service can’t be found. Anyone else having trouble?
Luckyone

Hey Arty,

You would still end up getting a tax break for the -ve cash flow property. It would just be offset against the +ve cash flow properties. It would just mean that you end up making less of a profit. You still get the same tax break.

Luckyone

You are best off leaving your 2 loans as 2 loans as if you combine them into 1 loan the interest on the home you live in will not be tax deductible. This also makes it very difficult at tax time as you need to prove how much you paid off each loan and the tax office will basically say “Hey you paid half of each, not 2/3 of your home loan and 1/3 of your IP”, therefore your tax deductions may work out less than they do now.

Your best off leaving the structure as is as that way you can pump all of the extra money you are saving by having an IO loan for your IP into your home loan. That way you still get to claim all of the interest on your IP loan whilst minimising the interest on your home loan.

Not sure about the last question, you’ll have to decide that one for yourself. Depends on whether you think that interest rates are going to go up enough that they will exceed the rate at which you can lock in your loan. For me, I don’t think that’s going to happen.

Hope you all like this one!

The Cat
A couple was dressed and ready to go out for the evening. They turned
on a night light, turned the answering machine on, covered their pet
parakeet and put the cat in the backyard.

They phoned the local cab company and requested a taxi. The taxi
arrived and the couple opened the front door to leave their house. The
cat that they had just put out, scoots back into the house.

They don’t want the cat shut in the house because “she” always tries to
eat the bird. The wife goes out to the taxi while the husband goes
inside to get the cat. The cat runs upstairs, the man in hot pursuit.

The wife doesn’t want the driver to know the house will be empty, so
she tells the taxi driver that her husband will be out soon. “He’s
just going upstairs to say goodbye to my mother.”

A few minutes later the husband gets into the cab. “Sorry I took so
long,” he said as the cabbie pulled into the traffic. “Stupid bitch was
hiding under the bed. Had to poke her with a coat hanger to get her to
come out! Then I had to wrap her in a blanket to keep her from
scratching me. But it worked. I hauled her fat ass downstairs and threw
her out into the back yard!”

The cabdriver hit a parked car…

This is quite amazing!

Aoccdrnig to a rscheearch at an Elingsh uinervtisy, it deosn’t mttaer in waht oredr the ltteers in a wrod are, the olny iprmoetnt tihng is taht frist and lsat ltteer is at the rghit pclae. The rset can be a toatl mses and you can sitll raed it wouthit porbelm. Tihs is bcuseae we do not raed ervey lteter by it slef but the wrod as a wlohe. ceehiro

Luckyone