Hi K.S.

I strongly advise that you speak to other franchisees, do extreme due dilligence before you invest any money. Best not to work with family, very hard to sack if necessary. Speaking from experience.

regards
John

Skyeboy,

There are a number of stratergies you could use to tur your property into a =ve geared property using your equity. How ever this will depend on the proerty the value and the properties attributes. Here is two suggestions.
1. Do an option contract on the property selling for 20% per than its current market value and then prividing vendor…[Read more]

quote:
Hi! I’m new. Can someone tell me whether stamp duty can be tax-deductible when it comes to investment properties?

Hi big cat, all direct and indirect expenses in relation to an investment prperty are tax deductable.
cheers
John

quote:
Can you just borrow or redraw the money at bank rates to live on and then sell your property to repay the loan and becuase ur on zero income, your capital gain tax would be at the lowest rate ? Is that how it works?

Yes you can borrow or redraw to live on provided your servicability allows, or you have at the time of establishment of the…[Read more]

Xenia, The principal is to leverage of your capital growth, re borrow yes for further investment, borrow to live off for personal use or life style no (unless you must but not purposely to be part of your investment startergy or plan) because 1.you can not claim the interest charged on your borrowings and 2. Your debts are increasing instead of…[Read more]