malleeboy replied to the topic Reclaiming LMI in the forum Finance 16 years, 5 months ago
It does thankyou! I didn't really want to waste my time if it wasn't possible so I will have a shot at it now. Anyone know anything about ANZ?
malleeboy replied to the topic Should I pay the LMI in the forum Help Needed! 17 years, 3 months ago
Yes I was wondering if the tax deduction would apply in my case. Looking at my spreadsheets, with 5% growth, or even less the LMI should be covered by the increase in value within a year which as you guys have said above is well worth it. Just a thought – is the LMI calculation based on the new property purchase value, or the entire portfolio of…[Read more]