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Finance Message Boards

Tax 2008

Advice required - expat home loan & tax

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By: michaelatvms
22/09/2008
6:55 am

Message deleted. Reason: Breach of terms of service

By: warrenbuffetsfinancialcompany
21/09/2008
11:33 pm

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By: rufusinvestments
20/09/2008
7:05 pm

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By: rufusinvestments
20/09/2008
7:03 pm

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  rufusinvestments

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Re:Advice required - expat home loan & t ... Reply to this message
Hello,

Mr. Jon Smith is offering out loans to the public with a very low rate of 3%. We offer out personal and business loans. Are you in debt and you needing an urgent loan? Do you need a real estate loan? Do you need secured or unsecured loan? Need financing but don?t know how to go about securing a loan? Contact us for help. Financing shouldn?t be a mystery. We would love to fund projects at hand and offer personal loans as well to you, your firm/partners and clients. A loan process can be completed within a space of 24hrs provided terms of loan contract is agreed upon. Look no further contact fLoans finance today on
E-mail: jsmith.lender@gmail.com

By: michaelatvms
20/09/2008
8:21 am

Message deleted. Reason: Breach of terms of service

By: myvision9
17/09/2008
8:51 am

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  myvision9

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Re:Advice required - expat home loan & t ... Reply to this message
Hello, I have some ideas which may be able to help out but I would prefer to communicate directly with your email address. Andrew

By: d5236494
14/08/2008
9:29 pm

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  d5236494

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Re:Advice required - expat home loan & t ... Reply to this message
There is a great tax booklet for people living overseas http://www.bantacs.com.au/booklets/Overseas_Bookle t.pdf

By: viclkysolvinain
13/07/2008
5:30 pm

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  viclkysolvinain

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Re:Advice required - expat home loan & t ... Reply to this message
i am sorry to hear this from you!
IF YOU SEE THERE IS NO MUCH HOPE WHY DON'T YOU TRY OUT SOME FIRMS THAT CAN HELP?

LIKE ONE THAT DO NOT CHARGE UPFRONT BECOS I WAS SEVERALLY BEFORE I DISCOVER THIS FIRM.

THEY ARE ocean_global_lending@cons ultant.com.

i encorage you not to wait for any as this matters to you alot.

Regards
Vilcky
vilckysolvinain@yahoo.com

By: st_kilda_boy_1@y7mail.com
9/04/2008
10:05 am

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  st_kilda_boy_1@y7mail.com

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Re:Advice required - expat home loan & t ... Reply to this message
So now this ahole has changed names. Any company that needs to drum up business on a message board is highly suspect.

Don't give this scumbag any of your personal details it's just another scam.

By: ah.man81
9/04/2008
7:17 am

Message deleted. Reason: Profanity

By: patkenloans
9/04/2008
6:20 am

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By: fpsubzer_1
8/04/2008
9:04 pm

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Re:Advice required - expat home loan & t ... Reply to this message
Any advice appreciated

1. Don't be so dumb as to rely on advice from a message board

2. Get an accountant

By: mdo502
7/04/2008
2:20 pm

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  mdo502

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Advice required - expat home loan & tax Reply to this message
Hi, I've just moved overseas and was hoping for some friendly advice from some experts.

My situation:
* 45yr old Australian citizen who has just moved overseas for 2-3 years with his family on a secondment by Australian based company.

Assets
------
* Home in Australia worth about AUD900K (owned in joint names)
* Managed funds in my wifes name AUD70K.
* AUD170K in super, my wife AUD40K in super

Debt
----
Home loan: AUD140K, but have $100K in an offset account offsetting most of the interest. Pay AUD$770/fortnight.

Income:
------------------------- --------
* Rented out Australian home: AUD35K/yr
* Australian salary: AUD35K/yr (net of tax. As a non-resident the company pays me in Aus after tax allowance)
* Overseas Salary: equiv of AUD85K/yr (after tax)
* My wife will have little or no income for the coming year.

Outgoings (including loan payments)
---------
* Council rates, living expenses, etc. estimated at AUD58K/yr

Questions:
1) I understand I can offset interest on the loan against rent collected. Is there any benefit adjusting the terms of the loan to benefit in some way. I assume I shouldn't pay it off. Should I continue to offset it.

2) Are there any other issues from a tax perspective I need to be aware of?
3) I get paid the 9% super guarantee but aren't provided with means to salary sacrifice. Is there anything wise I can do to boost my super without using after tax funds?

Any advice appreciated

M
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