Terry,

Sorry for slow reply I was interstate trying to source an IP. No luck yet but I know I’m getting closer.
Your last reply makes complete sense. I’d actually sorted it in my head from one of Elkas posts.
For some crazy reason I was thinking of the depreciation as an expense ie. money I had to come up with. Of course this was stupid and may…[Read more]

Terry,

I’m not sure that I follow. I thought that depreciation was used to make a property as close to neutrally geared as possible.

If a trust claims it as an expense then this is actually doing the opposite and you would be better off not claiming it at all.

Is this what you are saying?

I thought that the figures would look like

Net return…[Read more]