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  • Profile photo of MaccachaMaccacha
    Member
    @maccacha
    Join Date: 2010
    Post Count: 2

    Hi All,

    We have just brought our first Investment property a brand new 3 br in West Albury for $282,000 rental return ~$310/wk, but we are finding it hard to get good advice, we've met accountants who will do our tax but are not keen on giving financial advice/planning, we have also met Financial Planners who'll give financial advice on shares, super & insurance etc but don't want to have anything to do with properties…………….

    So our strategey is:
    5 yrs Interest only then 25yrs principle & interest
    We are not sure where to use our Tax offsets, our existing mortgage is $146,000 bal & valued @ $280,000 we currently pay about an extra $,9000 p.a. but this will drop to about $3,000

    So if someone could point us in the right direction or to a good accountant would be fantastic

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