Purchase

Open Purchase from the portfolio's menu. The form needs a legal owner and a cash account first.

• Investment property: an optional Address, the Price, a Contract date after today, a Settlement date after the contract date, and Qualifying new dwelling. Tick it only when records or an adviser confirm the property is one.
• Ownership shares: choose each buyer under Add legal owner. Split equally shares the property evenly. Custom lets you type each share. Shares must total exactly 100%.
• Deposit and costs: the Deposit and the Purchase costs, such as stamp duty and legal fees. Paid from then lists each buyer with the cash account their share comes out of. A joint account pays only when all its holders buy, in the shares they hold it.
• Loan: the Loan amount, 0 for none, its Interest rate, a Repayment type of Principal and interest or Interest only for the loan term, and the Loan term in years. Repayments are monthly from a month after settlement.
• Rent and operating costs: Rent a week and Operating costs a year, such as rates, insurance, strata, management and repairs. Both start at settlement.
• Planning assumptions: Expected annual property value growth, 3% to start, and Expected vacancy, 0% to start.

Each buyer's share of the deposit leaves their account on the contract date. Their share of the costs and the rest of the price, less the loan, leaves at settlement.

Say the Mitchells buy a $600,000 unit, half each, with a $60,000 deposit on 16 Nov 2026, a $480,000 loan and $30,000 of costs. On 14 Dec 2026 they pay $90,000: $600,000 less $60,000 less $480,000, plus $30,000. The PDF lists it as Paid at settlement.

Select Test purchase. A field left empty is listed under Check the purchase, such as Enter the price or Choose the legal owners, in shares that total 100%. Select a line to go to its field.

From 10 August 2026 an SMSF can borrow only to buy business real property. This page tests a home to rent out, so with an SMSF as a buyer, enter a loan of 0.

Cash adds up every legal owner's cash at the end of the forecast, after the estimated tax and HELP. It sets the total without the purchase beside the total with it.

The answer reads No legal owner's cash runs out with the purchase. The retirement plan is still funded to age 87.

• Cash needed by legal owner gives each owner's Additional cash, the date it Needs cash from, and the date their cash would run out Without the purchase. Here each reads $0 and Never.
• Combined cash path draws the total cash at the start and close of each period, without and with.

Each owner's cash is kept apart. Why is cash kept by legal owner? explains why.

When an owner's cash falls below $0 with the purchase, the strip adds a line with that owner and the date. The answer names each owner and the cash they would need. A date that is the contract or settlement date says so.

Say the Mitchells paid a $400,000 deposit and borrowed $140,000. Each pays $200,000 on the contract date. The page reads Daniel Mitchell's cash runs out with the purchase on 16 Nov 2026, the contract date, and would need $70,294 more. Emma would need $82,930 more.

Change the purchase, beside Cash needed by legal owner, takes you back to the form. After you change a field, the results stay with a note, Purchase changed. These results use the previous purchase. Test the purchase again to update them.

Debt and retirement needs a saved retirement plan. It keeps every property and asset. Debt and equity are for the 30 June before the retirement plan's retirement, 30 June 2033 for the Mitchells.

• New purchase loan is what is left of the new loan.
• Existing loans repaid more slowly: the purchase drew cash from offsets linked to existing loans, so more of each repayment went to interest.
• Where the retirement plan's people hold only part of the purchase, a note says what share of the new property and its loan is counted.

Change at retirement shows how each measure moves. Retirement outcome sets each without and with the purchase.

• Property equity: the retirement plan's share of property value less property debt. The new property starts at its price and grows at its value growth.
• Net position: everything held less everything owed. It is not spendable cash.
• Cash at retirement: bank and offset cash when retirement starts.
• Funded to age: how old the first person in the retirement plan is when cash runs out, keeping every asset. The answer says how many years earlier or later it moves.

Here the unit adds $278,969 of equity but takes $223,766 of cash. The retirement plan is still funded to 87.

• The forecast runs ten years, with income, rent and costs growing 3% a year.
• No depreciation is claimed on the new property.
• A rental loss lowers the tax on other income until 30 June 2027. After that it is carried forward to later years, as for contracts after 12 May 2026. With Qualifying new dwelling ticked, the loss keeps lowering the tax on other income, and the PDF's Tax rules say so. Special tax rules explains it.

Download PDF saves the result once it shows. The copy ends with these assumptions and the purchase as tested, with Paid at settlement. A Business account can also send it to the client.

• With no legal owner or no cash account, the page reads Purchase unavailable and lists what to add, each with its action.
• With no saved retirement plan, Debt and retirement reads No saved retirement plan. When the retirement plan cannot run, it reads Retirement unavailable and names the record it needs.
• If the comparison fails, the page says The comparison did not complete. Your purchase is unchanged. Select Try again.

Setup lists every record a result is waiting on.