niccy3768 replied to the topic Section 32 Disclosure in the forum Legal & Accounting 10 years, 9 months ago
Thank you Richard.
niccy3768 replied to the topic Section 32 Disclosure in the forum Legal & Accounting 10 years, 9 months ago
Thanks Jamie.
niccy3768 replied to the topic Turning my apartment into an investment property – tax implications…help! in the forum Help Needed! 10 years, 9 months ago
Hi Richard. Yes I am the sole owner.
niccy3768 replied to the topic Turning my apartment into an investment property – tax implications…help! in the forum Help Needed! 10 years, 9 months ago
Thanks Terry. Guess the decision whether to rent/sell has been made for me! I appreciate your time thank you.
niccy3768 replied to the topic Turning my apartment into an investment property – tax implications…help! in the forum Help Needed! 10 years, 9 months ago
Thanks Jamie for your comments. I appreciate sharing of your knowledge.
niccy3768 replied to the topic Turning my apartment into an investment property – tax implications…help! in the forum Help Needed! 10 years, 9 months ago
Hi Terry
Thanks for your comments. Do you think there is any way this situation is salvageable? I am trying to decide whether to sell/rent property one at the moment. Is it too late to structure things differently? I am not settling on property two until the 1/5 and am at a loss as to how to proceed to my benefit.
Thanks for your…[Read more]
niccy3768 replied to the topic Turning my apartment into an investment property – tax implications…help! in the forum Help Needed! 10 years, 9 months ago
Hi Benny
Just went to the library and also rang the tax department. It appears that because I parked my savings in the redraw account, I will only be able to claim interest on the balance that was left after deducting the money in the redraw account i.e about $4000. it looks for all intents and purposes like I had almost paid off the mortgage…[Read more]
niccy3768 replied to the topic Turning my apartment into an investment property – tax implications…help! in the forum Help Needed! 10 years, 9 months ago
Thanks for responding Benny. I wish to move in to property 2 and turn property one into an investment property. Would you mind advising me how to get into contact with an advisor on this forum please?