Hi all, I have just bought my first IP and am looking to buy another one ,but I need to know who to speak to about how I should buy and set it up(tax reasons) also I have a bit of cash laying about and would like to know how to use it (or not )…I am willimg to pay to see someone I am in the Gold coast area….. Any help would be appreciated .
i think you'll need 1) accountant, 2) solicitor and 3) mortgage broker… do you already have these advisors on your team?
Hiya KP
A decent broker should be able to provide some advice on the finance structure. For specific taxation advice, you'd need to speak with an accountant.
With purchasing your second property, it's important to avoid crossing it with your existing one.
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone MeMortgage Broker assisting clients Australia wide Email: [email protected]
Hi Kp
Welcome to the forum and I hope you enjoy your time with us.
Happy to refer you to an excellent Accountany based on the Northern part of the Gold Coast.
Shoot me an email and will give you his details.
As Jamie mentioned a good investment orientated Mortgage Broker can give you advice on how much you can borrow and how you can structure the loan. Wouldn't be suggesting you use cash unless there is little alternative in regards to equity.
Cheers
Yours in Finance
Richard Taylor | Australia's leading private lender
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