steamtrain replied to the topic Sell or Hold in the forum Help Needed! 20 years 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 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 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.