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  • raj_paras replied to the topic Positive to Negative Gearing a property in the forum Help Needed! 13 years ago

    Thank you all for your responses. I really appreciate it.

    @Catalyst – What's the status of the IP? We've had IP for about two years and its currently rented out at $320/week. I am not looking to sell it for the time being as I am able to deduct its expenses.

    @ Derek & Terryw – I do live in VIC. The house is owned jointly by my spouse and I.…[Read more]

  • raj_paras replied to the topic Positive to Negative Gearing a property in the forum Help Needed! 13 years ago

    Thank you all for your responses. I really appreciate it.

    @Catalyst – What's the status of the IP? We've had IP for about two years and its currently rented out at $320/week. I am not looking to sell it for the time being as I am able to deduct its expenses.

    @ Derek & Terryw – I do live in VIC. The house is owned jointly by my spouse and I.…[Read more]

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