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Ditto! I bought my first (and only so far) IP in a HDT, and now I have no personal threshold so am stung with $7500 in land tax every year on that IP. Certainly chews into my cashflow big time. Cheers, Michael.

Hi Kieth, Thanks again for your ongoing contributions and for bumping this awesome thread (I'm still subscribed to it though so would have seen the new post anyway) ;) Unfortunately, I adopted too much leverage (aka risk) at the wrong time in the equities cycle and was burnt for my efforts...

Keith, Good point! As I stated in my first reply to this thread, I am following a similar path to yourself but am further back down the path. I am still in the wealth creation phase of my financial life. As such I have taken on more risk willingly and am currently at a 60% LVR on my...

Well done mate! As you're probably aware, I'm trying to follow a similar balanced strategy approach between IPs and shares. Your timing has been better than mine and as a result the rising tide has served you very well. I'm still heavily invested in shares and reckon they've got some legs...