Tagged Questions
8
votes
2answers
194 views
Why is mortgage interest deductible in the USA for a house you live in?
In Australia, if you have a mortgage on the house you live in the interest and other expenses are not tax deductible, unless you rent out one or some of the rooms or run a business from your home, in ...
5
votes
1answer
505 views
Transfer money from US (“prepaid”) VISA Debit to AU bank account
I have a Citi prepaid VISA Debit card (these kind of cards) that has been issued in the US. I live in Australia, and would like to move money off of the card into my bank account. For reference, the ...
6
votes
2answers
650 views
What are the tax implications of buying US stocks from Australia?
I am thinking about buying some blue-chip US shares. My rationale being that the Australian dollar is currently buying a lot of US dollars, so this is a way to directly invest in some large US ...
3
votes
1answer
426 views
Tax obligations on foreign term deposits
I have dual U.S./Australian citizenship and reside permanently in U.S. I am expecting an inheritance from a relative's estate in Australia. If I open an account with an Australian bank and invest in ...
7
votes
3answers
592 views
I'm moving to another country. Where should I keep my money?
I've been working in the US for a number of years, and am shortly to return to Australia. My cash is in an online bank based in the US.
Would you recommend I move it to an Australian bank, or leave ...
7
votes
2answers
463 views
In the U.S., what is the easiest way to buy Australian government bonds?
The NY Times says:
He cited the example of buying a one-year Australian government bond, yielding 5.25 percent. He said he believed that the American dollar was going to lose value and the ...
3
votes
1answer
52 views
Source for information about Australia and U.S. real estate market rent-to-price ratios?
Would like to make a comparison between the two markets, in particular during the global financial crisis.