Thanks to all for advice, i think i will sit tight for a while with what i have, The property's i have are in area's where i am confident they will see big capital growth.I originally brought my Perth property in 2005 this has gone up in value big time which has allowed me to borrow against it and buy property in south oz, but now looks like the…[Read more]

OK thanks guys
so what can be claimed as a depriciable item and what cant?

Thanks Kim
They sound like just what i am looking for hopefully they can help me out,currently i have 1 property on the coast south of perth and as everyone knows the growth in the west has been excellent, i want to restructure my loans so i can use the equity in this property to buy cash flow positive property’s, hopefully this shouldnt be too hard

thanks for the reply,
I will go along to the information night and see what they are all about

thanks

thanks todd,
the one property i have is brand new and was only completed in december 05, tennants moved in around the start of feb, so no i havnt had a depreciation scedule done on my IP, not sure what one is anyway.and also when people talk about positive cash flow properties are they talking about all costs involved eg, maintenance,rates + taxes…[Read more]