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I was recently told that you cannot use interest expenses for an IP to reduce your income for determination of centrelink family tax benefits. I was also told that interest expenses for other investments such as shares can be used to reduce your income for the means test. Is this really true? It...

Sorry for such a naïve question…..I’ve been looking at a property listed at 399K. I’d be interested at about 370-380, but the agent tells me that they’ve knocked back an offer of 390K. Is this likely to be true? Or is the agent free to just make up any figures to manipulate potential buyers? I’m...

Would really appreciate some property investment advice, and Somersoft looks like a great place to get it. I am an active (fanatical, actually) share investor, but have started thinking about spreading the risk around by making some property investments. I know very little about property, except...