jjnshell replied to the topic Sell or Hold in the forum Help Needed! 20 years ago
Why not just draw down on each of the IP mortgages (especially the positive one) and place those funds into you PPR loan? No CGT, No Agents but you reduce your non deductable interest at the same time as keeping the assets.
JJ
jjnshell replied to the topic Investing Offshore in the forum General Property 20 years ago
Thanks for the link.
Our version of events is faily similar. Had major dramas securing a SS number. Acutally called and ITIN for foreigners. Took about 4 months!! and substantially delayed settlement as it is required for the deed to be processed.
That said, 30% gross yields are available but you do need to go and get your hands dirty as quibbles…[Read more]