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  1. C

    You should NEVER sell!.....or should I??

    Thanks again - have sent off an email! Based just around the corner from my office! :)
  2. C

    You should NEVER sell!.....or should I??

    PAying cash at present to cover the shortfall, but have been advised I can access a LOC to cover that going forward. This sought of lead to the above request for advice. I looked at the whle lot and wondered if there was an opportunity to leap ahead! Terry - I've been to 3 different...
  3. C

    You should NEVER sell!.....or should I??

    Terry - really good advice thanks. One thing I hadn't factored in, was Interest Payable on non-deductible debt if I let the loan run with standard P+I payments over the loan term. Reducing the PPOR debt down to 100, hence paying a lump sum of $340K or so, would save me over that time $450K...
  4. C

    You should NEVER sell!.....or should I??

    Hi Jason, I actually enquired on this. Is it still possible? See this thread: http://www.somersoft.com/forums/showthread.php?t=63745&page=3 I could certainly achieve the same result through capitalising interest/debt recycling. Just not sure if still possible?
  5. C

    You should NEVER sell!.....or should I??

    Thanks all. Cashflow is pretty much Neutral after tax (excluding of course the PPOR). Yes - fully secure employment, and the neutral is achieved with the rental income. There is no real need to move, other than, 'wouldn't it be great to pretty much get rid of the PPOR mortgage ASAP. I have 3...
  6. C

    You should NEVER sell!.....or should I??

    Thanks all for the prompt replies. I have taken into account the CGT etc. One of our IP's with the biggest capital gain was our PPOR 3 years ago. I'd be looking at selling that under PPOR rules, given I moved out inside 6 years. The big win would be non-deductable debt would be removed...
  7. C

    You should NEVER sell!.....or should I??

    Obviously maths is part of my problem silversands! Yeah sell 4 down, 4 left! :)
  8. C

    You should NEVER sell!.....or should I??

    Hi all, I am currently reviewing my portfolio and am considering a partial sell down. I don’t have many fellow investors to talk to, so though I might open it up to the forum for some input/advice. I am from the school of NEVER SELL….. but gee it seems tempting to help me remove...
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