Comments for Australian Mortgage and Loan Information http://loansense.com.au/blog Australian Home Loan Information for Owner Buyers and Investors Tue, 20 Dec 2011 23:49:20 +0000 hourly 1 http://wordpress.org/?v=3.3.1 Comment on What is an Offset Account by Home Loan Interest Rate Cut | http://loansense.com.au/blog/what-is-an-offset-account/comment-page-1/#comment-397 Home Loan Interest Rate Cut | Tue, 20 Dec 2011 23:49:20 +0000 http://loansense.com.au/blog/?p=478#comment-397 [...] A simple, tried and tested strategy, is to keep your loan repayments at their current level. With a standard variable home loan you will pay more off your principal, maybe giving you a buffer against future rate hikes.  While I like this idea, of paying out a loan early I also like the functionality of a 100% mortgage offset account. The benefits of a 100% mortgage offset account are discussed here. [...] [...] A simple, tried and tested strategy, is to keep your loan repayments at their current level. With a standard variable home loan you will pay more off your principal, maybe giving you a buffer against future rate hikes.  While I like this idea, of paying out a loan early I also like the functionality of a 100% mortgage offset account. The benefits of a 100% mortgage offset account are discussed here. [...]

]]> Comment on Home Loan Interest Rates Australia by Should I Refinance My Home Loan | http://loansense.com.au/blog/home-loan-interest-rates-australia/comment-page-1/#comment-373 Should I Refinance My Home Loan | Mon, 21 Nov 2011 05:03:12 +0000 http://loansense.com.au/blog/?p=436#comment-373 [...] please read an old post of mine that points out some pitfalls of refinancing your home loan. This entry was posted in Australian Home Loans, Australian Interest Rates, home laon interest [...] [...] please read an old post of mine that points out some pitfalls of refinancing your home loan. This entry was posted in Australian Home Loans, Australian Interest Rates, home laon interest [...]

]]> Comment on Sale of Rental Property by Jeremy http://loansense.com.au/blog/sale-of-rental-property/comment-page-1/#comment-360 Jeremy Mon, 18 Jul 2011 22:40:03 +0000 http://loansense.com.au/blog/?p=615#comment-360 Not to my knowledge, however in Australia it is possible to request copies of old tax returns for the Australian Tax Office. In the case of your CPA, it is standard practice for tax professionals to request information from your old accountant, when you make a move to their service. Tax professionals will usually have a carry forward file, with your important information regarding your business or investments. I would ask your current CPA about this. Not to my knowledge, however in Australia it is possible to request copies of old tax returns for the Australian Tax Office. In the case of your CPA, it is standard practice for tax professionals to request information from your old accountant, when you make a move to their service. Tax professionals will usually have a carry forward file, with your important information regarding your business or investments. I would ask your current CPA about this.

]]> Comment on Sale of Rental Property by Louise http://loansense.com.au/blog/sale-of-rental-property/comment-page-1/#comment-356 Louise Fri, 15 Jul 2011 03:22:57 +0000 http://loansense.com.au/blog/?p=615#comment-356 We are retired and considering selling our two rental properties. I have a general understanding of how to calculate the capital gain / loss of each house. We have owned one of the properties over thirty years (lived in it the first two years), and have owned the other property over twenty years. We have used two tax accountants to file our returns over the years and our personal copies of all those returns may be difficult to locate. My question - Is there a way our current CPA can retrieve all the information regarding base adjustments over all those years from the IRS or will we have to retrieve the information from our own records? We are retired and considering selling our two rental properties. I have a general understanding of how to calculate the capital gain / loss of each house. We have owned one of the properties over thirty years (lived in it the first two years), and have owned the other property over twenty years. We have used two tax accountants to file our returns over the years and our personal copies of all those returns may be difficult to locate. My question – Is there a way our current CPA can retrieve all the information regarding base adjustments over all those years from the IRS or will we have to retrieve the information from our own records?

]]> Comment on Investment Property Tax Deductions by Sale of Rental Property | http://loansense.com.au/blog/investment-property-tax-deductions-2/comment-page-1/#comment-337 Sale of Rental Property | Wed, 29 Jun 2011 03:29:37 +0000 http://loansense.com.au/blog/?p=571#comment-337 [...] Taxsolvers for a definitive answer on wether or not the sale of your rental property is subject to capital gains tax. If you have determined your sale is subject to the capital gains [...] [...] Taxsolvers for a definitive answer on wether or not the sale of your rental property is subject to capital gains tax. If you have determined your sale is subject to the capital gains [...]

]]> Comment on Home Loan Interest Rates Australia by Jeremy http://loansense.com.au/blog/home-loan-interest-rates-australia/comment-page-1/#comment-335 Jeremy Tue, 21 Dec 2010 04:25:22 +0000 http://loansense.com.au/blog/?p=436#comment-335 Not sure why you have commented and linked to my blog article? Sincerely hope the world does not end in 2012. Not sure why you have commented and linked to my blog article? Sincerely hope the world does not end in 2012.

]]> Comment on To Fix Or Not To Fix Your Home Loan by virginia beach homes for sale http://loansense.com.au/blog/to-fix-or-not-to-fix-your-home-loan/comment-page-1/#comment-311 virginia beach homes for sale Tue, 20 Apr 2010 14:42:12 +0000 http://loansense.com.au/blog/?p=315#comment-311 Can you tell me that what kind of loan do you get to fix up a new home you just purchased?I am purchasing a foreclosed home and the previous owners took the kitchen cabinets and counter tops. Now my banker says I can't get additional money to purchase what i need to fix the kitchen. So my question is where do I get a loan for that?. Can you tell me that what kind of loan do you get to fix up a new home you just purchased?I am purchasing a foreclosed home and the previous owners took the kitchen cabinets and counter tops. Now my banker says I can't get additional money to purchase what i need to fix the kitchen. So my question is where do I get a loan for that?.

]]> Comment on Home Loan Mortgage Offset Account by Home Refinance http://loansense.com.au/blog/home-loan-mortgage-offset-account/comment-page-1/#comment-262 Home Refinance Sat, 04 Jul 2009 16:31:59 +0000 http://loansense.com.au/blog/?p=144#comment-262 <strong>Home Refinance...</strong> Lenders may view several factors when considering equity loans, such as the borrower’ s credit rating and the“ combined loan- to- value (CLTV) ratios.” Additionally, lenders offering the low interest rates and variable rates will often stipulate ... Home Refinance…

Lenders may view several factors when considering equity loans, such as the borrower’ s credit rating and the“ combined loan- to- value (CLTV) ratios.” Additionally, lenders offering the low interest rates and variable rates will often stipulate …

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