Monthly archives: May, 2012

Asset Substitution and Investment Loans

Question Hi Julia,I am currently living in my owner occupied home and I have several split loans against it which were used as a 20% deposit to purchase an investmentproperty and 2 more splits to fund the construction of an investment property. I claim tax deductions on these splits as the purpose of these loans …

gst and margin scheme

Question HiMy wife and I signed up to build a rental property. We signed up to buy land and subsequent house on 28/8/10. At this time I was earning reasonable money.We took possession of house at end July 2011 .To save costs we were doing , or organised tradespeople, ourself to finish house. My work …

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