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I assumed that to still be running they would have to be legit….the website makes it look so easy but goes against most stuff I've read of late.
Will need to seek professional help I guess to see what is best for my situation. I just wish I knew where to start haha…
Thanks for your input Terry
[/quote] If you are talking about that company (C….) then I believe they are not tax advisors and don't advise, but their method involves capitalising interest, but not claiming the interest on the capitalised portion.[/quote]
Terryw….yes that's the one I'm on about. Does this mean that they do it in a legit way?
I have substantial savings and this was the reason for my initial enquiry…..I want to be able to over time (hopefully) … use property to create financial freedom and wanted to know the thoughts on this way of doing business.
Trickeymickey,
The system that I was enquiring about is NOT out of the book. It is how a particular property services company acquires IPs for your portfolio…..or as far as I am aware at this stage.
I found the book to be a good read.
Hi Terryw, Thanks for you post. I notice your name and have actually just finished reading the threads on the invested.com.au forum that you also posted on.
Is there anyone else that has anything further to add on this strategy or dare I say scheme?
The company which again I wont mention on here seems to do it all legit, but as Terryw pointed out…..it has confused me some what. Thoughts?
Thanks again