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  • Profile photo of BigCatBigCat
    Participant
    @bigcat
    Join Date: 2003
    Post Count: 4

    [:D]Hello! Big Cat is back! Thanks to all who has responded. Dave, thought you’d notice that I’m only a newbie, so I don’t understand what you said about positive cash flow/wraps, etc etc.
    Scott! You’re right about DIY, but I’m not sure where I can find land that’s still cheap enough for me to buy, then more money to build. I will look into it though….[:(]

    Profile photo of BigCatBigCat
    Participant
    @bigcat
    Join Date: 2003
    Post Count: 4

    [:I]So good to hear all these feedbacks!

    yes, i’m thinking about the negative gearing thing. right now i don’t know whether i should go for acacia gardens area or plumpton – only because they have home/land package for me to start with. what do you all out there think?

    big cat[;)]

    Profile photo of BigCatBigCat
    Participant
    @bigcat
    Join Date: 2003
    Post Count: 4

    Hi Johnd & Bobbie,

    Thanks for your comments. I’m not sure, I think maybe Bobbie is right – stamp duty cant be deducted from tax. Can someone confirm?

    I’m scared about property investment, though I’ve paid off my home and got some savings towards a 2nd property. Thinking about home&land packages, can someone out there (kindly) offer some tips? Pros/Cons?
    Thanks, big cat[:)]

    Profile photo of BigCatBigCat
    Participant
    @bigcat
    Join Date: 2003
    Post Count: 4

    Hi! I’m new. Can someone tell me whether stamp duty can be tax-deductible when it comes to investment properties?

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