Hi tinytimtaylor,
thanks for all your input. We’ll be giving it some serious consideration before we go ahead with anything.
landt

Hi investron,
I’ve been looking in mount isa.
landt.

Hi,
thanks again for your advice. I went out this afternoon and bought Steve’s book, so maybe I’ll get in touch with one of the brokers shortly. I’m not looking for any less than 130 properties though!
LOL

Hi,
thanks for your replies. The $90,000 icludes the income from the IP, and for that reason we’ve previously been told we don’t have enough of an income to buy any other property. We also have 2 young children which seems to seriously reduce the amount of money banks want to give you.
Landt64

Hi Mike,
I’m sorry for your loss. My husband and I went through the same thing last year when my mother-in-law died and we bought out my sister-in-law’s share of the property.
We had to pay stamp duty on my sister-law’s share of the house that we were purchasing, but no capital gains was due for any part of it unless we decided to sell.
I hope…[Read more]

Jet Dollars,
you got your figures slightly wrong. You have to earn less than $92,500 to be entitled to the $600. Of course this year we earned around $93,000.