Total Members: 159,400

RT_from_Syd

  • RT_from_Syd replied to the topic How are Residex Property Reports? in the forum The Treasure Chest 21 years, 3 months ago

    Hey MarketMad,

    Thanks for your reply. I am just curious; don’t get me wrong. So did they predict on the “most predictables” or more than that?

  • RT_from_Syd replied to the topic Interest Only Loan (pros & cons) in the forum The Treasure Chest 21 years, 3 months ago

    Thanks very much Leigh,

    That’s a quick tip.

    Regards
    RT

  • RT_from_Syd replied to the topic Are my plans, feasible??? in the forum The Treasure Chest 21 years, 3 months ago

    Hey Crashy,

    Looks like I have really confused everyone here. Let me clarify, again.

    I said I would rather start investing on NSW regional areas (may be even outside NSW) than spending the same on a private health cover. You know why? Because by taking a health cover, surely I will be able to mitigate my tax burder; but for that, it doesn’t give…[Read more]

  • RT_from_Syd replied to the topic Are my plans, feasible??? in the forum The Treasure Chest 21 years, 3 months ago

    Thanks very much Simon, for your advice. So what do you suggest about my other part of plans. Do you think I am going on right path?

    Regards
    RT

    RT,

    In answer to your questions on tax effectiveness of IO.

    An IO loan is more tax effective than a P&I loan as it is only the interest component that is tax deductable.

    One idea is to set up an IO…[Read more]

RT_from_Syd

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