It still works out to be the same anyway unless the LOC is charged at a lower interest.LOC: ($95,000*0.05) = $395.83pcm

Hi Terry,I get the idea of avoiding cross-securitisation by taking out a LOC against your PPOR. But by doing this won't you essentially by paying two more interest on you PPOR?EgCurrent PPOR Value: $300,000Loan remaning on PPOR: $150,000Equity: $150,000Investment property: $400,000Loan: $320,000Contribution: $95,000Therefore:Remaing Loan on PP…[Read more]

It doesn't actually give you the price range unless you purchase the rpdata

When you say you have a compensation for an accident do you mean a lump sum that’s paid out or monthly income? Bottom line is it comes down to whether you can service the loan or not since you can no longer work. Also check whether your super fund covers you for income protection.

Sorry just needed some clarification. Positive cashflow vs positive income are they considered the same thing? Would love for someone to give me an example.

Hi duckster,thanks for the research. I assuming that if the accelerated depreciation was removed in 1999 then we would still be eligible for depreciation(not by much though). Does accelerated depreciation apply for capital works? One would assume that it would be useless to get a depreciation schedule from a quantitative surveyor now right?This…[Read more]

Nope you claim on the $4050 regardless of whether there was a claim or not in the past

Correct me if I'm wrong but I thought depreciation is claim at the start of settlement regardless of any claims made by the previous owner.

Just wanted to know if this still holds true.http://propertyinvestmentwise.com.au/backdating-depreciation-claims/

Can I ask how much did it cost all up for Staged Homes to do the whole make-over and did the property get sold way above reserve price?

Thanks for the response. I would love to hear from other people’s experiences too.

Hi just wanted to know what happens to depreciation when you sell the building? Will you have to add it back on when you sell it? If so is there a way to avoid this?

Wow some fantastic comments in this forum. Thanks guys. I was looking at dual occupancy since my property has five bedroom. Four attached to the house and one shed that has been converted into a bedroom. However going down this road might be difficult because the owner who did the improvement did not have a building permit to build the shed into a…[Read more]

Sorry to invade your topic but might question might be relevant. As an investor should I consider an P & I loan or it’s best to stick with Interest only. Which would be more advantageous?

Hi can anyone recommend a good depreciation schedule company in Melbourne?