Mel,
I am trying to maximize my tax benifits not the wife and if there was a way of avoiding capital gains that would be a better option

Keith

thank you gentlemen for your reply, my main idea is capital growth in my properties.
At the moment +ve cash flow is not good for me at the time all I want and achieveing is break even and capital growth.

Keith

cONTINUING ON
I moved to the new house rented out our old house and just bought next door.
I live in QLD area of rentals is Eagleby( Beenleigh ) and at the moment capital rise is about $ 5000.00 aweek.
Houses are selling so quick if u where a vender and just left the realestate the time u got back to your car it was sold.The some goes for renting…[Read more]

Hello Everyone,
good to see some interest.My wife and I had equity in our house we busted our gut to pay our morgage and it was not easy going.What was a good help was the house prices rising which increased our equity.
I promised my wife 4 yrs ago I would buy her a beautiful house and a new car ( that was my goal )to start, I acheived that in…[Read more]

Hello everybody,
I have read the question and peoples answers and I have something to tell u all.
I am a 43yr old PENSIONER I have two houses and the third on the way at the end of the month and last Monday I BOUGHT a BMW.
I am not gloting all I am saying have faith in your self and get off your arse and DO IT.
keith