Timbondin started the topic Investment advice in the forum Help Needed! 6 years, 11 months ago
Hi All. I am completely new to the forum. I have been an investor for 15 years and have made my money from capital growth. I have now cashed in and want to start making purchases of cash flow positive properties. I have read Steves book but to be honest I am nervous about making the commitment because of the unknown. I have done a heap of research…[Read more]
Timbondin replied to the topic CGT and negative gearing question in the forum Help Needed! 6 years, 11 months ago
Dave, simply you can’t double dip. If you PPOR is house a and you live in and also own house b, the time frame you selected for house a being you PPOR will be used to calculate the CG in house B when you sell it. In saying that if you own house B for 30 years and sold house A 24 years ago I highly doubt there are any tools sophisticated enough to…[Read more]
Timbondin became a registered member 6 years, 11 months ago