monyet replied to the topic Finance in the forum No Subject 20 years, 10 months ago
No-one has had any dealings with homepath????
monyet replied to the topic Finance in the forum No Subject 20 years, 10 months ago
Back to the topic i started with….
Has anyone had any dealings with a net based lender called homepath??? They are a subsidiary of Combank and appear to have VERY attractive rates!
monyet replied to the topic Finance in the forum General Property 20 years, 10 months ago
Redwing
I appreciate your honesty.
I have to say it is a very attractive option.
My family is all over east and i intend on moving back soon anyway so its actually not really the master plan to commit fraud the 6 year rule becoming a real + for me. Working out depriciation is the difficult task ahead. And also trying to find someone to install…[Read more]
monyet replied to the topic Perth Investors in the forum General Property 20 years, 10 months ago
Marzipan…
I would enjoy meetings like this for “younger” investors. I am 25 as well and have just started on the investment trail and have to say am very exited about future projects.
monyet replied to the topic Finance in the forum General Property 20 years, 10 months ago
Hence my dilemma….
I can state that i am no longer living here while remaining the entire time which makes a huge difference when -ve gearing.
(able to claim all expenses instead of half)In which case who will know any different?
The ATO has many different ways to determine a persons PPOR but to take advantage of the 6 year rule my address…[Read more]monyet replied to the topic Finance in the forum General Property 20 years, 10 months ago
Cheers for that redwing..
I have done the sum’s and by simply deducting 1/2 the interest off the rent i am claiming have -ve cash flow and after expenses should have a healthy sum to claim back. Makes me want to move out and claim it all….
monyet replied to the topic WA Investors in the forum No Subject 20 years, 10 months ago
Am i right in thinking these prices are new to Perth? Having only recently moved from Melb they are nothing new to me however this part of the city outside South Perth really hasn’t been devaloped to its obvious full potential.
It would appear the 4 large apartment blocks being built there are somewhat of an overkill or is this an example of the…[Read more]
monyet replied to the topic WA Investors in the forum No Subject 20 years, 10 months ago
I am also a WA investor (2 storey aptmt in Vic Pk, it is nice to have some local advice on a national forum…. .
There are many properties advertised each week in The West for this area most it seems being sold relatively quickly.I wonder if anyone here has a similar property or further advice for the area? Particularly as there are some high…[Read more]
monyet replied to the topic Profit Program in the forum General Property 20 years, 10 months ago
Yes Please
sambo_1506(at)hotmail.com
monyet replied to the topic Finance in the forum General Property 20 years, 10 months ago
Thanks for the feedback…
How do the ATO then determine PPOR then???
Sorry for the ignorance here but i am looking to claim the apptmt wholly as a tax deduction and this 6 year rule will work greatly in my favor. Do the bills still have to be in my name, adress at the ATO remain there or if i buy no more property for the period does this one…[Read more]
monyet replied to the topic Which City/Suburb you live? in the forum Forum Frolic 20 years, 10 months ago
Now live in Victoria Park
West AussieBut will always call Ringwood home!
(suburb of Melbourne)