Well thatnks to all.

i Must admit i like dazzling’s idea more than the rest. Too late i guess for this year’s tax return because i have already lodged it with them, however i will be alot more alert in next year’s.

I dont except this, thanks for making me stand up to receive good service dazzling. My collegue that sits next to me at work doesn’t get this treatment so i gues there are accountants out there that aren’t so stingy.

Regards

Mspartal

I bought the master class pack so hopefully that will explain the mechanics of all this. Im sick and tired of getting the top level theory in all these books etc without the detail of HOW? It really bugs me. All good in saying do this do that but for us beginners where is the THIS IS HOW?

Lets hope the masterclass pack fullfills this.

Cheers

Hey Mbutler

Thanks for the reply, To answer your question, yeah i guess this is one step forward to my goal. I worked out based on the interest + holding costs i would be approx $7000 down (100 per week interest + 2250 holding costs). I did have negative gearing / capital growth in mind when doing the deal because it is so close to the city. i purchased it to get into the market before prices continue to rise, i have a plan to hold it for a while and use the equity to build my portfolio. So based on that im counting on captial gain i guess. Are most negatively geared properties like this.