Mr Obvious replied to the topic First Home Owner Grant – eligible? + Getting another loan – good idea? in the forum Help Needed! 16 years, 1 month ago
Terryw wrote:
2. You should never pay anything off of an investment loan, but place all money in a offset account. So you save the same interest, but still have your funds available without adverse tax consequences. Once your IP is paid off you will be paying tax on the rent and will need a high loan, which won't be deductible, for the new owner…[Read more]