How do u take advantage of this shared governemnt equity scheme?Where did u find more about this?

kaus wrote:
Hi duckster"Income loss of $581 *.70 = -$406 (This is what you would be paying per week after tax refund of $174 per week"i understand $581 income of weekly loss but unable to get .70 and $174 one

This assumes your at the 30% income tax bracket. Since it's a -ve geared property, the government shares the loss with you via taxes.…[Read more]

blogs wrote:
Andy,Nice comments. My basic argument is that things are gunna get worse before they get better, so unless you come across a bargain I would be suring up capital and waiting patiantly. Basic risk reward-the odds are that prices will stagnate if not drop more than prices rising. Thats a good enough risk analysis for me to sit out for…[Read more]

Thanks for the advice. I have got a solicitor to have a look at the contract, and will organise an inspection.Another thing, after a bid, the buyer needs to pay a deposit. My question is, does the buyer have to give the full 5 or 10% deposit straight away, coz I don't have a cheuque. I have the funds in my bank account and I don't want to carry…[Read more]

Your an inspiration wdemirdonderI'm starting out at 24, and too only have about 15k in savings. I've put money into managed funds before, and I now I rather take an interest and know how of where I invest my money. Too bad, banks & lenders don't take managed funds as equity. ume, you legend, I read your other post, and it did not occur to me to…[Read more]

Thanks billythefish,I'll use census details, does it matter if the stats are 2-3 years out of date, or they still provide a good enough indication?For Yellow Pages: What kinda of info would that reveal?? I'm going for +ve cashflow or +ve geard properties, and I'm not restricting myself to any particular area.

Hi,on the topic of of depreciation. I hear ppl say quantity survey a property, does this apply to units as well? CheersJeremy