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  1. jaycee

    Why buy Negatively Geared Properties? I think the calculations are wrong

    You know the answer to your own question - you have the figures and can work out if you made / lost money... So you can't be asking the question in order to find the answer out Joan is still waiting for a valid answer, manoj did imply (maybe more than imply) that it worked for all and sundry...
  2. jaycee

    Why buy Negatively Geared Properties? I think the calculations are wrong

    Oh, I see, you're just being a smart **** not actually adding to the debate and discussion....
  3. jaycee

    Why buy Negatively Geared Properties? I think the calculations are wrong

    After rent, I had to chip in $30k to pay for shortfall in expenses to maintain the proeporty - eg. interets / rate / property manager / fixing airconditioner. I upped the figure to $40k, as the $30k actually came from my nett pay, guessing $40k as the gross amount. Wylie, how the hell...
  4. jaycee

    Why buy Negatively Geared Properties? I think the calculations are wrong

    then you have not accepted the terms of his challenge have you ? how can he declare you the outright winner ? Dont know if I got it right. I bought for $231250 (inclu purchasing costs().. I chippped in $30k nett, or $40k gross = $271250 costs in gross $. I sell for $400k (approx...
  5. jaycee

    Why buy Negatively Geared Properties? I think the calculations are wrong

    Work it out according to his formula & present it. It would be interesting to see....
  6. jaycee

    Why buy Negatively Geared Properties? I think the calculations are wrong

    That is his explanation then. Asking for it again would only yield the sae result. You know already his answer, why aski him again :confused:
  7. jaycee

    Why buy Negatively Geared Properties? I think the calculations are wrong

    He explained how he came to that conclusion in other posts quite clearly already.
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