Thanks Richard!Do you know of any good brokers? If so could you please send me a PM?Thanks minichick!

Thanks for all the feedback on this.We've made an appointment with our accountant next week. Hopefully he can assist us with our situation. From there we will look at re financing. Will provide some feedback!Cheers,Jim.

Hi cmason / speedy g,Thanks for the information, you've been a great help and it certainly has cleared the air. Much appreciated to everyone!Ever since purchase the IP's been rented out. So I assume it will have some CGT implications?I think we may use the IP as equity and look at buying another IP. I would like to hang onto the current…[Read more]

Hi Den / Scott..Thanks for your replies on this. I'll have a chat to my accountant.Jim.

Terryw wrote:
I would seriously look at selling and using the proceeds to pay off your PPOR loan. If the IP was your partners main residence at some stage it may be CGT exempt.

Hi Terryw,Thank you for your reply.I would ideally like to pay off my PPOR. I am trying to investigate if its possible to re finance and pay off my loan on our PPOR and…[Read more]

Bluegrass wrote:
Hello Want to Invest Use the equity to do a spruce up on the IP and gain a bit of depreciation on it and go buy a couple of new IP's. You are in a good position. Make a consideration of a display home with a guaranteed rental return for a period of three years and another property in a different location. We can help with your…[Read more]

Hi Martha,Am interested on this topic. Please also let me know your findings.Regards,Jim.