P@tty replied to the topic How to determine borrowing power? in the forum Finance 11 years, 7 months ago
PM sent. Thanks Wilko
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P@tty replied to the topic How to determine borrowing power? in the forum Finance 11 years, 8 months ago
Thanks for all the responses!!!
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P@tty replied to the topic How to determine borrowing power? in the forum Finance 11 years, 8 months ago
Thanks Jamie – Can brokers still do this without applying for a pre-approval? I don't want to apply for anything yet, just work out the possible strategies/options with what I can borrow.
Also, how would i work out what i can borrow after my first purchase, so i can move forward? Is this something i can also sit down and work out with a broker…[Read more]
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P@tty replied to the topic Question on tax and cash flow positive property in the forum Help Needed! 11 years, 9 months ago
Sorry the above link is a 40 page PDF. This is the link for the website if preferred http://www.ato.gov.au/corporate/content.aspx?menuid=0&doc=/content/00313554.htm&page=2&H2
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P@tty replied to the topic Question on tax and cash flow positive property in the forum Help Needed! 11 years, 9 months ago
Hi Sabbathen,
The ATO have published a rental property document with some information regarding your question. I have attached the link below.
http://www.ato.gov.au/content/downloads/ind00313554n17290612.pdf
Patty
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P@tty replied to the topic How to save when you don’t earn over $50K a year… in the forum Overseas Deals 11 years, 9 months ago
Thanks Rosa, I found your post helpful.
I'm on a 50K base and currently saving for my first investment property!!!
I found the following ATO benefit helpful for my circumstance and thought i would share it below for anyone in a similar situation..
The ATO has a HECS benefit scheme for graduates in maths, science, education and nursing. It…[Read more]
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