Forum Replies Created

Viewing 1 post (of 1 total)
  • Profile photo of corinnepye23472corinnepye23472
    Participant
    @corinnepye23472
    Join Date: 2003
    Post Count: 1

    i am a single female battling to get ahead. I have always worked a few jobs at one time and up until recently i had 2 units. I decided to sell one when i couldnt afford it anymore and am having a break now and just working one job and enjoying myself for a while.

    The breaking point for me after all the reading etc regarding investing was when i received my tax return and realised that i would get back a much smaller percentage of what i put in because it is based on your tax bracket!!!
    This i did not realise and so fell very short in being able to put back what i thought i would be able to. Luckily i sold for a profit which although i didnt profit on paper, i came out with
    enough money to pay back a 2nd loan i had borrowed on my equity to buy the 2nd property but have actually kept this for now.
    I hope this helps others and if there is anything anyone may have to offer for when i try it again let me know. I actually work as a property manager but this doesnt help on the investing side.

Viewing 1 post (of 1 total)