All Topics / General Property / Taxation
I have now read the book. I have also read another well known Sydney based financial planner’s version of positive cash flow investing. It appears the Sydney FP focuses on deprecation, whereas your approach does not factor it in. Do you think buildings that apply for building allowance depreciation ie built after September 1987 are worthwhile pursuing as they very hard to find in a reasonable price range. You have not addressed to any extent the issue of land tax in different states if you hold multiple properties. Can you offer a view on this, especially if income is used in retirement phase? You have not commented in your book on the preferred type of dwelling, ie units(one or two bedrooms), houses(brick or timber) for residentail purposes? You have not commented on building properties for income and/or capital gain in your book? I can see opportunities in this area and can you comment on that? I enjoyed your book as most of its common sense, but i think the strategies like wraps etc require a level of knowledge and risk i would not be comfortable with, as i would be a buy and hold on a equity building rather than interest only basis. Look foward to some comments on mine. Thanks.
K Barty
Think you posted this in wrong section, there’s a area that deals with the book 0-130 properties…
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
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