Martin63 replied to the topic Depreciation in the forum General Property 16 years, 3 months ago
Thanks for the response.I assume then that capital gain is vital for the equation to work then. Is it better to buy in areas that are going to give high capital growth and not be so worried about positive cash flow and depreciation? Is it better to buy an IP that is already 5 to 10 years old. If you were in the situation where you had to sell in a…[Read more]
Martin63 replied to the topic Starting Out in the forum Help Needed! 16 years, 3 months ago
Thanks for the reply imugli.We currently operate our business within a family trust structure, and perhaps I should create a new one for property investing to help protect the assets from creditors of the business in the unlikely event that something should go wrong.Can you still claim all the deductions in purchasing and running the IP in a trust…[Read more]