…that shoudl read .. " over 75k "  … to get a deducation credit of 40% on any running costs.CheersS

Tax is important, but should not drive ur decision to invest.. it's purely an added bonus, as long as your earning over 95k, as that means you can deduct 40% of your costs.. (shortfall between the rent, and Interest/Agent/Rates/Maintenance…).  Also depreciation is a nice bonus.   You may come out even… but unless ur buying in some regional ar…[Read more]

Central queensland coast.. Yeppoon, Zilzie, etc is booming.Whay would you invest in Sydney, where all the major analysts (BIS, KPMG, AMP) are all marking Sydney has having little to no growth in all 2007, and 2008.     Interest rates are up again in May…  more pressure on Sydney affordability.For $149k, you can buy flat 780sq land bloc…[Read more]