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Sash --- be kind - Im a late bloomer ... Misspent youth before knuckling down to do something useful :) . So big income is a recent thing - hence the crash course in investing , never had this "problem" before !! I think I do ok with saving - 500K after tax approx 200K Im left with 300K and...

Hello and just wanted to say thanks very much to everyone whose contributed- Its given me a lot of food for thought and will go do more research, then off to see financial planner/accountant So far my thought process : Given shorter time frame 5yrs and my lack of experience and time for...

Hi terry and Yman - wow thanks for crunching those numbers for me- it really is interesting to see your different approaches using shares vs IP I hope you won't mind if I try to blend your suggestions ( for diversification purposes). Also Ive tried to be more conservative with the returns and...

Hi all - its great to hear from all the posters whose stuff Ive read avidly all this years! Rolf and Terryw- it would seem your suggestions seem consistent with each other - must be a strategy that works well! Just wondering, with 3 M + portfolio- would you consider multiple resis or say...

Hi all - its great to hear from all the posters whose stuff Ive read avidly all this years! Rolf and Terryw- it would seem your suggestions seem consistent with each other - must be a strategy that works well! Just wondering, with 3 M + portfolio- would you consider multiple resis or say...

y man - properties are renting appox 420 to 450 pwk . Probably will be negatively geared except Ive parked all my spare cash in the offset. 450 K does not include investment income. Scotty no mates: are you referring to commercial property? I have considered but am quite new to the game but...

Hello Y man and thanks for your reply:) Short answer : Ideally I would like to generate 70 to 100K in todays dollars in passive income. I will probably continue to work in some income generating capacity but want to be able to spend long periods travelling/volunteering. I think Im being...

Hi There Long time lurker here and thanks in advance for any advice:)) So here is my situation 39 No dependants. Partner is also on top tax bracket IPs: 385 K ( sydney ) , 400K Brisbane . IO 90% LVR on both PPOR : Looking Income: > 450K , I currently save nett 150 to 200K a year last...

Hi coasty mike I was going to buy a small apartment in my name (my parents are retirees and probably won't qualify for a loan) and have my parents either live in it or rent it out for additional income when they are away. My intention is to help them out a little but not sure if it is...

Hello all, I am thinking of purchasing a property for my parents to live in. Because they travel a lot, they may consider subletting the property (e.g. on stayz) when they are away. The rental income will be paid to them. What would be the tax implications on this rental income...am I...

Hi all, Have returned to our rental property in Canberra after a few years away Combination of wear and tear, feral tenants, shoddy property management by Bertram Ellis :mad:and the recent storms means we are officially slumlords:eek: Need to rectify situation quickly so if you have any...

Hi Emma etal. Hope I dont end up double posting , but initial comments disappeared into cyberspace;o Firstly thanks all for a riveting and fantastic discussion.........:) A few thoughts How bad is the tenant litigation in the USA? Is there such a thing as landlord insurance and does...

Hi all, I would second Chasers request! Have been looking at the gladstone market for a while now but yields seem pretty ordinary for a "mining" town eg about 5% unless buying brand new and $$$! Am I barking up the wrong tree or are most punters wearing this with the expectation of future...

Hi everyone, First of all thanks so much for the collective wisdom from all the posters! Ive been considering setting up a trust structure for IP3 onwards Ive tried to summarise what Ive managed to glean about the pros and cons of UT vs DT vs SMSF Would anyone with previous experience...

Hi everyone, This is my situation novice investor 1 1st IP in Sydney, -ve 2000 pa after tax 2 looking in Sydney but dunno if I have missed the boat 3 have budget of up to 400000 for 2nd IP 4 aiming for -vely geared but CF neutral/positive property after tax/depcn etc. but happy to wear...