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Re: Some Questions ??? Free the Worms Part 2 Reply: 1.1.3.5.1.1.1 From: Mike . Hi Terry, Back again, with some observations re this thread. First and foremost the lack of input to the discussion by the newbie investors. If you don't have an opinion about what strategy is right for you...

Re: Some Questions ??? Free the Worms Part 2 Reply: 1.1.3.5.1 From: Mike . Hi Terry, This is just a quick reply to say that I have read all the responses today and will reply with my thoughts, shortly. Thanks to Michael, Owen and Paul for wonderful contributions and to yourself, Terry, for...

Reply: 1.1.3 From: Mike . Hi Terry, You've opened up a can of worms with that post but why stop there? Let's open a few more and start a worm farm. cashflow positive, of course. I take it that you are not altogether unhappy with the current negative gearing rules especially IRT...

Reply: 1 From: Mike . Hi Tennille, You said: "We would like this to be Cash Flow positive somehow.." Remember, cash flow positive properties will add to your taxable income. Almost half of your gross income will be lost to the ATO. I will eventually go positive when I'm ready to leave the...