Correct me if I am wrong, but I do not think you can negatively gear a property that you sometimes use for your own holidays – there are laws (such as CGT as well) that complicate this kind of investment.Elmina

Dear WishfulThe earlier you get into the market, the better – and this seems like a great opportunity… but you know what they say about doing business with relatives! You must make sure everything is legally done, and all on paper as if you were perfect strangers to each other.The beauty is you do not have to pay agents! Get a good settlement…[Read more]

markleslie wrote:
Does anybody think that we are in a current situation where it would be best to hold out and pay off current properties and save money rather than purchase another IP? With talk of further interest rises coming and the current state of the economy creating a buyers market in the short term, do you think it wise to consolidate…[Read more]