………and Rob would be the quickest you can find.

Simon Macks
Interest Free Home Loan Agent
[email protected]
0425 228 985

Please email me rather than using the PM service here.

Fully Accredited With Derivex LTD and IFHL PTY LTD

***Ask about our Interest Free Home Loan***

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

There is no CGT payable on the PPOR.

If you rented it before you moved in or owned another home in the meantime there may be a CGT liability.

Cheers,

Simon Macks
Interest Free Home Loan Agent
http://www.mortgagehunter.com.au
0425 228 985

Fully Accredited With Derivex PTY LTD and IFHL PTY LTD

***Ask about our Interest Free Home Loan***

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

This is not a real estate investment.

I would view it as a rental business and structure it as such.

Cheers,

Simon Macks
Interest Free Home Loan Agent
http://www.mortgagehunter.com.au
0425 228 985

Fully Accredited With Derivex PTY LTD and IFHL PTY LTD

***Ask about our Interest Free Home Loan***

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

Contact your lender and ask.

It depends on the rate you fixed at as well. Noone can give an accurate idea except your lender.

Cheers,

Simon Macks
Interest Free Home Loan Agent
http://www.mortgagehunter.com.au
0425 228 985

Fully Accredited With Derivex PTY LTD and IFHL PTY LTD

***Ask about our Interest Free Home Loan***

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

If you were to use Interest Free Home Loans then it doesn’t matter where the equity is.

You can have all the equity in the IP and debt in the PPOR and it still will not affect you tax wise.

Cheers,

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

Fully Accredited With Derivex PTY LTD and IFHL PTY LTD

***Ask about our Interest Free Home Loan***

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

Absolutely. My wife was gobsmacked when they told us to do that! We had to dust the tops of doors too – it was real white glove stuff back in the late 80s and early 90s.

Although I believe that they now use professional cleaners to do the place between tenants. Is cheaper than putting the family up in a hotel for a couple of nights before they move them to the new posting locality.

You will make more money on a normal property but the DHA one is almost hassle free. Good for those people who are a little frightened of being a landlord.

All the best,

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

Fully Accredited With Derivex PTY LTD and IFHL PTY LTD

***Ask about our Interest Free Home Loan***

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

Be quick as you have 12 months to apply from purchase.

From the website:

Q: How long do I have to apply for the grant after purchasing or building my home?
You have 12 months from completion of the eligible transaction to which your application relates to lodge your application. The Chief Commissioner has discretion to extend this period in exceptional circumstances.

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

Fully Accredited With Derivex PTY LTD and IFHL PTY LTD

***Ask about our Interest Free Home Loan***

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

Gatsby,

Gimme a week or two to make that assessment!

Cheers,

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

Fully Accredited With Derivex PTY LTD and IFHL PTY LTD

***Ask about our Interest Free Home Loan***

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

Seems a bit cynical Alf?

What about the broker who, even though gets paid different comissions, disregards that as a factor?

The broker who brings the experience of 100’s of deals to the table?

The broker who takes away the feeling of being overwhelmed to the first home buyer?

The broker who can hold a persons hand and make it all smooth for them?

The broker who saves the client a heap of time by doing a lot of the work for them?

The broker who recommends a building inspection and saves his clients thousands but kills the deal for himself?

The broker who sees through a marketing scam and advises an inexperienced client accordingly?

The broker who works to educate a client for months but that client never ends up buying?

What about the broker who structures a clients loans a little differently and saves him $16 000 in LMI?

Alf, I think you are being a little black and white in a very colourful world. This old chestnut of brokers being paid more by different lenders is just not an issue to all the brokers I know. 0.1% comission difference just wouldn’t influence their thinking.

Of course you can get the same deal – if you knew about it. Did you know that banks never offered Pro packages until the brokers started selling them? You had to know they existed and ask for them specifically

I would encourage you to work on your own loans and I would be very happy to answer any questions you may have along the way – as would any of the resident brokers.

Cheers,

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

Fully Accredited With Derivex PTY LTD and IFHL PTY LTD

***Ask about our Interest Free Home Loan***

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.

Well done Jake and welcome to the forum.

I am sure that with an attitude like that you will have a string of properties quite quickly!

Cheers,

Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985

Fully Accredited With Derivex PTY LTD and IFHL PTY LTD

***Ask about our Interest Free Home Loan***

Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.