Browse Forums Home Finance Re: Build postponed - moving funds for building to loan acco 5Dec 27, 2022 9:38 pm Accessible Carpentry & Cabinets accessiblecarpentry@gmail.com accessiblecarpentry.com.au https://www.facebook.com/pages/Accessible-Carpentry-Cabinets/583314911709039 Re: Build postponed - moving funds for building to loan acco 7Dec 30, 2022 4:44 pm Accessible Carpentry & Cabinets accessiblecarpentry@gmail.com accessiblecarpentry.com.au https://www.facebook.com/pages/Accessible-Carpentry-Cabinets/583314911709039 Re: Build postponed - moving funds for building to loan acco 9Dec 30, 2022 5:42 pm Accessible Carpentry & Cabinets accessiblecarpentry@gmail.com accessiblecarpentry.com.au https://www.facebook.com/pages/Accessible-Carpentry-Cabinets/583314911709039 Re: Build postponed - moving funds for building to loan acco 10Dec 30, 2022 5:46 pm chippy Sorry, when you say IP what do you mean. I don't understand what you are getting at What i'm getting at is that it's usually best to keep the money separate in offset accounts than put them into loans with the view that a redraw is only a click away anyway. Yes it may be one click away, but that one click can lead to a lot of pain a decade down the track. IP - investment property. Re: Build postponed - moving funds for building to loan acco 11Dec 30, 2022 6:09 pm Yeah got it now, your talking about claiming the interest on an investment property as a tax deduction. For the typical person who has a house and sells it and moves on to the next it really isn't a big deal, but as pointed out if you have access to an offset account it's simpler to use that anyway. Accessible Carpentry & Cabinets accessiblecarpentry@gmail.com accessiblecarpentry.com.au https://www.facebook.com/pages/Accessible-Carpentry-Cabinets/583314911709039 The biggest challenge will be if you take out a loan and then run out of money - you'll have an incomplete security and lenders do not like this so you can get stuck.… 2 19880 Hello everyone, I have a question regarding moving a chandelier after it has been mounted. The chandelier in question is quite large, measuring 4 meters… 0 72621 Hi, you've probably already resolved this, however, Commbank will probably pay the funds to you after you send evidence the work is done regardless the change in the quotes. 1 36000 |