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Mark,
I went with my wife, we were both impressed, a little of showman, but the material, the strategies were delivered well, the business model looks great.
For the next 12-18 months I am keeping my money rolling in the US Foreclosure Market., the cash flow and the walk-in-equity do not match the potential cash flow with Mark and his options, but he will be there when I exit on these 10 houses there.
The 4 properties here are all structured from a negative gearing model, all the deeds on these properties will be in my hand in 5-7 years. by then I hope to pick up another 6-10 properties. Were having a blast..
How goes everything with you?
" quarantine losses and only off set them against future income or capital gains..alot of people are cash poor and falling into a lot of personal debt by trying to cash in on the tax incentives of owning a negative geared property.."limiting negative gearing on property makes sense to reduce the speculative investment in housing..ok..what do you think of us having a cap on the amount we can claim and no limit to the number of our properties?
