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  • Profile photo of JulzJulz
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    @julz
    Join Date: 2006
    Post Count: 3
    June 1, 2008 - 4:55 am

    You could do the Money Magnet course advertised in the best seller section on the right of screen. Alternatively you could ask people you know without any paid advertising anywhere – try word of mouth it works quite well.
    Julz

    Profile photo of JulzJulz
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    @julz
    Join Date: 2006
    Post Count: 3
    March 29, 2008 - 11:05 am

    Without knowing anything about your portfolio or your situation I can only provide general hints (note not advice). You may need to Bite the bullet and sell that way you will have some cash to invest in the type of properties you are now looking for. This will be an incredibly hard decision and most people resist and come up with every excuse under the sun but are unable to move forward until they take this step. I think you need to work out if this is the correct decision for you.
    Enjoy the journey you have embarked upon!!
    Julz :)

    Profile photo of JulzJulz
    Member
    @julz
    Join Date: 2006
    Post Count: 3
    March 29, 2008 - 11:00 am

    Hi there,

    This is definitely one for the accountant!! My understanding of the FHOG was that it and investment properties were mutually exclusive. I have no idea if the rules change if part of the property is rented while he is in residence, although that sounds like a 'cake and eat it too' scenario which I think the ATO would frown heavily upon.

    Keep us posted with what you find out from an accountant,
    Julz :)

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