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Sorry I should explain... I have owned property for 16 years, with a few personal disasters along the way but in recent years things have finally come good. I had messed around with owner occupier renovations for a while and did OK in the late 1980's, and stupidly got out of debt (!). My...

Basically, yes, same here. The more you have the faster it grows. We're heading for $3M net by end 2004. I'm hitting a sort of limit where our income tax is all but wiped out by depreciation. We are cashed up and from other investments maturing next year that will give $200k after tax, on top...