Forum Replies Created
Has anyone with a head ( and the time ) for figures looked at some of these places and worked out whether in the last two years they would’ve been better off buying – geared properties in a larger area or + geared properties in a smaller area..
With the benefit of Capital Growth ( and hindsight [
] ) the – geared property , as long as not to heavily geared,would’ve made you a reasonable equity gain, in some cases where gearing was not to high, would now have provided you a + geared property..Timing in the marketplace is essential, as is having a strategy.. do the numbers before you invest..
S.I.S promotes a ‘balanced portfolio’ and Chan and Peterp have advocated +CF as well as the possibilty of CG being part of thier strategy… you can’t have the best of all worlds ( No Risk, High CG and High CF ) you have to accept a mix of the three in varying degree’s.. the degree of the mix is up to you, me, i’m all for trying to achieve a balance of the three as best i can [^]
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
DELIVERANCE..was funny, someone mentioned that exact movie to me about Collie WA..[}
]REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
*scratches his head*[
]So…… what ‘is’ his best course of action MH ???
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
You have to realise you get tax and depreciation (if applicable )benefits
For a $45k house i’d be paying P&I..and aiming to reduce the loan,you’re aiming for ca$h flow here remeber, not tax savings..
To those that spend $1 ‘just’ to save 50c in Tax..
send your dollar$ to me and i’ll give you 60c back !!
10% more [}][:o)]REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
This is a question that i’ve pondered as well, how about Dolf deRoos advice of refinancing your IP back up to 80-90% and taking some cash out of the restructuring ??
I realise that if the cash is not used for investment purposes that the interest is not tax deductible on that portion…But, is it a way to allow yourself some ‘breathing’ space for a year or two ?? i.e – if Brendan2 was to pay a year or two years interest on his PPOR and IP to give himself and his wife the ability to not have to worry about anything apart from living costs ??
or
Brendan2 could simply rent out his PPOR, and rent something cheaper for his family.. is there a way of still keeping his cake ( PPOR ) and eating it too ??
Remembering that they will soon be going down to 1 income ?? Time for some lateral thinking..any ideas ??
REDWING
[]“Money is a currency, like electricity and it requires momentum to make it Effective”
Where’s the new Smileys.. ??
Mine’s looking for company [
]REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
Mel
What Trust structure did you decide upon.. discretionary or hybrid ? Family ( as Steve has done ) ?
I realise if i went down this path the properties currently held would not be worth putting into the Trust, but so be it, they can be sold a few more years down the road if need be to purchase others which can then be held in the Trust..
‘very’ interested in the other benefits of Trust’s you and S.I.S mentioned in an old post ! [
]Now, an accountant i spoke to sdaid you can have discretionary or Hybrid trust but not a Hybrid discretionary trust as i’ve seen mentioned here..True ?
REDWING
“Money is a currency, like electricity and it requires momentum to make it Effective”
] ) the – geared property , as long as not to heavily geared,would’ve made you a reasonable equity gain, in some cases where gearing was not to high, would now have provided you a + geared property..
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