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BTW Can someone remind me of the treatment for tax purposes for books and seminars for the purpose of then buying an investment property. ie. Lets say you spend $700 on your education about IP, then purchased an IP, can that $700 be claimed as an income generating expense? I understand it is.

Above is my FAQ on where to begin with IP. I strongly recommend anyone who is interested in helping potential IP investors to recommend there tips/links and/or write/rewrite a paragraph or two!

FAQ: Where to Start in Investment Property Information I have been asked several times about how to start, what are the first steps to investment property. Many people a vague notion that property investment is something they want to do, but donft know to start. Given you are probably...