Total Members: 159,401

steamtrain

  • steamtrain replied to the topic Sell or Hold in the forum Help Needed! 20 years, 1 month ago

    Terryw,
    I hadn’t thought of selling to my wife, that’s not a bad idea, as 4 of the properties are in my name and the tax benefits are shrinking.

    Could you explain in a little more detail how a trust may be of benefit in this situation?

    Steven, the rent figures I gave were gross dollars so the net is not as attractive.

  • steamtrain replied to the topic Sell or Hold in the forum Help Needed! 20 years, 1 month ago

    Thanks for your responses. As stated it’s a difficult question as there a a lot of variables. If I sell the one with the most equity I lose income but gain savings on my PPOR (reduced mortage). If I hold there should be CG in the future (but who knows). If I sell all three I can be mortgage free and start again, but the properties I currently hold…[Read more]

  • steamtrain replied to the topic Sell or Hold in the forum Help Needed! 20 years, 1 month ago

    No, the ivestments are in areas that I don’t want to live due to lifestyle and work. They are also not the standard conventional property.

steamtrain

Step 1 - 0% Complete

Fill Out Your Member Profile Below

Fill in the required fields below to complete your registration.

Registration not only grants you full access to this website, but will also enable us to send you our newsletter, latest investor tips, strategies and information about events/products relevant to investors. You can opt out at any time.

Used to log in to the website and for targeting with messages. Alphanumeric characters only. No spaces allowed..

Member Login
Lost your password?
×
159,401

Register Free To Unlock Unrestricted Access To PropertyInvesting.com

×
1-Day Millionaire Mastermind Workshop - Only LIVE Training in 2019!