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And if you couldn't avoid that $1m tax bill legally, woudl you be upset at earning $99 m a year ? anyway, quite obviously earning the money in the first place was what she was focussing on when making the statement. I somehow doubt that if the possibiliity of not paying $1m extra tax...

Sold ! Now all I need is the $300k

Are roulette odds good enough ?

HAha ??? As previously clearly pointed out. Aaron suggested buying 2 houses worht $600k with a mortgage.... Dazz suggested, since he already has enough income to sleep on th ebeach, he would buy a $300k opffice which gave him extra $25k income and continue sleepihng on the beach...

wobblycarly, delta posed the first 2 questions to Aaron, who suggseted bying 2 resi properties. I dare say Dazz's sounds like the way to go.. it would even bring my mighty portfolio to neutral level. Now I just need $300k Then I can try wrap my head around byinig another one as you...

1. I guess you'd have to buy above average yield tobuy a $300k proerty which rents at $500/week, which I have never done, but apparently others have done. 2. If you own one outright, then the bank will lend you $300k for another and the loans for both will be at 50% LVR plus purchasing costs...

Didn'tAaron clearly say that the other $300k would come from a bank in the form of a loan from the bank to the purchaser (?)

way to shatter my dreams man.......

True, What's the point of life if you're not spending evry minute investing Not to enjoy the result of it Just to invest Then you can hold yourself in higher sesteem than other people and know you're right. You've got to dedicate yourself to investing, not to life (what a waste...