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Brains, You are correct. For the US trip there will be almost 100% deductibility because I have something to inspect for each day at each place of stay. The Melbourne trip will be 100% deductible because we'll stay for 2 nights attending the AGM on Friday, inspecting the IP on Saturday...

True, But shares provide better liquidity and low transaction cost. They generally require less involvement from those time-poor chaps. Use equity in IP to buy shares which pay dividends that can be put towards a deposit for you next IP. Diversify! Real life examples of how...

Would it be reasonable to assume that when the times are turbulent on the share market. The smart money would move to a safer investment classes such as property? I think residential property prices, which were stagnant in most areas for the last 6 months, would start moving again and here...