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I think for the situation that was given earlier in the post, the 20% deposit loan wouldn't work in your favour. however, if you were to get the 20% deposit on multiple properties you would then expose yourself to a greater capital gain than if you were to buy a single property. Wouldn't that be a benificial way to use the deposit loan, even if it is only hyperthetical as you can't use it for investments.
Tatts
From my understanding,
The capital gains is the increase in price from what you paid for the property and what you sold it for.
If the property has been depreciated, say as an example by $10,000 over x years, the purchase price is then worked out to be the original price, minus the $10,000 that has been depreciated, therefore you have to pay extra capital gains on the $10,000.please correct me if i am wrong anyone, this is just what i have concluded from reading through the forums.
Tattshey everyone,
thanks for all the suggestions. i’ll check them all out and see how they go.
Tatts
