Recent content by Mos

Hi Jen, Thanks for taking the time to reply to my questions, I am beginning to understand a bit more about how to ensure I can obtain the maximum tax deductions for interest on my IPs in the future. One question I have is regards to your reply: I am still a bit hazy by this...

Can anyone explain why using funds from the PPOR offset account for a deposit on an IP would not make interest on this part of the loan tax deductible, whereas redrawing from the PPOR for a deposit would? If I redraw all my funds out of the PPOR to use a deposit to buy a new PPOR and then...

Thanks for the replies guys. I had a quick chat with the property manager and it seems he was just making sure we had some sort of indemnity coverage, which our landlord insurance does.

Yesterday we went to see our new property manager for an apartment we have just purchased. During our conversations he mentioned that he has been recommending to other investors in the building that they should take out Personal Indemnity Insurance. Now we do have Landlord insurance, but am...

Just tried it again and this time it went to the correct suburb. :)

Phezz, Great site. One problem I did find was that if a suburb appears in more than one state e.g. Paddington or Newstead both of which are in Brisbane. Clicking on the Suburb link in Brisbane for say Paddington and then opening it in Google Earth acutally takes you to Paddington...