kp
how would i convert that back to real time money not inflated one? what is it worth in todays dollars? also why 5% growth? Is this the standard growth rate i should expect for property over the years???
Please help
clueless (glad u like my nik-unfortunately it’s true)

hi mikala
Getting ready to invest in property again. thanks for advice
clueless

thank you,
well that suks, maybe i should hold it for 12 months and get 50% deduction. As a query though what if i sold it at a lower cost and made a loss? what tax if any would apply?

Thank you to everyone who has made a suggestion. The property is already set up as an IO and is in another state so moving in isnt possible. however I will download those debt removal tips and see how we go. I can see if we get out of debt quickly we may end back in it again with no back up house. I guess having 4 kids is costly and trying to…[Read more]

I haven’t looked at the capital gains and im unsure how the ratio works i.e.% of growth. Any idea?

Thanks
Amanda