Has anyone dealt with Simon Pressley from propertyology.com.au and 6point.com.au?  Does he provide good advice?

you can claim tax deduction on interest payments and depreciation etc on the IP, so you are more better off than you think

thank you guys for the information!To  JacM: I am quite interested in your change of ideas from 4 years ago.  i am probably in the same 'Excitement' period.  what u've leaned that has changed your mind about investing in Serviced Apartment. care to share?To Luke86: i think i'm starting to understand the Serviced Apartments should be treated as Co…[Read more]

To thecrest,many thanks for your reply.  The lease agreement to Quest gurantees a fixed annual rental income (subject to CPI adjustment) regardless of there are guests or not in the apartment.   The expenses owner has to pay include Body Corp, Council rates and Water. There are no other fees associated with attracting hotel guests.so you think t…[Read more]