Recent content by adamjd

Sounds great +1

Agree with PT. I only refer my clients to professionals I know and trust. I dont pay or receive any referral fees as it just complicates the arrangement. Besides if a client for instance needs a good accountant or broker, I want them to go to somebody who I know is good and would be...

Thanks Terry, not sure why the loan would be split into io and loc. Will b interested to hear why.....btw i love strategy, i believe strategy is what makes you money:) im sure others may disagree :D

Thanks Terry Hmmmm Ok, so spousal tfer is mainly to be able to claim deductions on the expenses of the property rather than CGT exemption. I didnt.......the loan was used to purchase investments, the offset account has been used to park surplus cash and over the last couple of years has...

OK but lets say I can obtain some data to support a val of $600K I apply to the bank to borrow $300K. If the banks val comes in at $500K (as the banks may use conservative vals) I will still be OK to borrow $300K without LMI. By using my data supported val for the ATO rather than a conservative...

Thanks Aaron so i guess then i need to work out how the Loc will b secured considering it it in joint names and each of the properties will b in sole names....or is that not a problem as long as the bank has sufficient security held in the name of one of the borrowers

Cheers Peter, Just to clarify a couple of points Sure I understand what you're saying but we dont have a loan for the property so I'm looking to borrow 50% of the value....which can be a rubbery figure. The reason I would rather not use a bank val to calculate the price that I acquire my...

Thanks Aaron. I thought (assumed) the bank vals would be conservative vals thus limiting the value I pay my wife. Am I off track here with bank vals

Hi, long time lurker 1st time poster. I've read some threads regarding PPOR to IP (thanks TerryW, Rolf and others for some great info)as my wife and I are considering this soon. Some info on our current situation and what I'm looking to do. We currently own our home in Ringwood and dont...