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Got it; so what happens each year with the car; do you trade it in and add the tax return to make up the difference, or sell it privately and do the same with the tax return? I still reckon the tax return would be better utilised on your debt reduction and on equity building - especially in...

Good work. Might I suggest that you pay out the current car loan with the next tax return, then, assuming it is then debt free - hold onto one car for a longer period now, and pour the future tax returns back into the investment loan to reduce debt, reduce LVR and create more cashflow and...

9 Ip's by 23 is quite amazing. Well done. Forgive my cynicism (I am the most cynical person on this site), but a coupla numbers seem wrong here. First, on a wage, how is the car tax deductible? I guess a portion of it might be claimable against the IP's if you visit them each year...