Okay new guy here – but after just reading Buyer Beware and currently going through my first cash flow positive purchase – isn’t the WHOLE goal at the end of the day to generate passive income? Don’t get me wrong a tax right off is nice but it shouldn’t be the goal. The reason the majority of people invest is develop additional income streams, which one day will hopefully accumulate to be more than they get from their job so you no longer have to work. If I’m missing something here a negatively geared property is ALWAYS going to take you further away from additional passive cashflow, right?
As K said, focus on the goal.