Commercial Refinance Mortgage Tax Implications for Refinancing an Investment Property. – Given the prevalence of commercial real estate mortgages with balloon payments, many owners end up refinancing during their holding periods.
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CBA had to write off $2.5 million in overdrafts because of a dodgy calculator – The Commonwealth Bank of Australia had to write off around $2.5 million in personal overdraft balances after nearly 11,000 people where given loans they couldn’t properly service because the banks own.
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