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  1. The Y-man

    help to reduce tax / debt

    Done..... The Y-man
  2. The Y-man

    help to reduce tax / debt

    Who knows - they may have 20 investment properties fully paid off. Don't be distracted. Your absolutely biggest risk at present is actually loss of employment (including from injury etc) I'd hate to tell you this, but you could end up owing a heck of a lot of money e.g. do you know the...
  3. The Y-man

    help to reduce tax / debt

    Ok, well you're much better off than others in this respect. I repayments are 6k, then you effectively have "only" 7k per month. Sound a lot, but when you have a family of 6, I can imagine.... Anyway, let us know how much your: rates water bill power bill gas bill grocery bill...
  4. The Y-man

    help to reduce tax / debt

    How much is the car repayment? Is that after tax? Been there done that - move on, don't make same mistake. Is there interest on the repayemnts? My view without knowign some of the figures above: Sell house. It is your PPOR, the profit is TAX FREE Pay off cars Pay off debt on...
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