My aim is to buy an investment soon, 350k ish. Then use to to buy my own home to live in, in around 5 years. I am happy to rent in the mean time due to work.

I plan to use 95% or 100% of my tax return (only put some into my buffer account if need be) each year will go onto the loan. I have around 3-4 years of solid work (6-7 days) worth coming up so I want to make the most of this while I am young and have the high income. hoping to be able to save around 40k a year, or pay 40 off the house.

I am looking at building a new house in a area which will cost me around $320,000 to $350,000. with a rental return off a bit under $350 a week, I have my Mothers house to borrow against, plus my savings which will be around $90,000. and also my FHBG, (If I choose to use it)

I also was thinking to buy the land, and start to build on it later this year after. building rather then buying to help with stamp duty costs.

I came here with the idea of neg gearing, but its not the only path I want. You members have explained better eays. So im not that worried about my tax. My only goal is long term wealth, if tax cuts came into play that would be great. But clearly this is not the case, which is why im here asking for advices on other paths

I run my own business also. So doing all my tax is very hard.
Is there any good video books to watch?

Im here to find out what is good for me.. But no one seems to tell me what is

Those are the 2 perfect types of answers I came onto this site for, Thank you.

Portfolio PI , Feel free to pm me some more info

Thank you for your post. Long term wealth is my goal. Tax reduction would be nice, but if that means less profits. Its not worth it. I am not solely focused on the tax side of it

Not keen to buy o.s

Friends returns from those actions, im here for advice, im not saying mine is true,fact etc. you guys know muxh more then
I do.

If you were in my shoes, 2100 a week before tax. Able to use around $60k from my mothers house for a desposit, which I need to return in 12 to 18 months. Put away $1000 a week after bills. Im 24 and moved back home to help set myself up in life.

Dont have time for reno’s due to work any more.

With my current house and savings, I only have around 70k