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wisdom. thanks Geoff

Of course, thats what I thought, but good to check it out. Thanks Blacky.

Ok but with an IP that has debt and interested payments, plus rates, insurance etc, say you had a bog standard cash-flow neutral property. Incorporate those costs on the income and you have a net income (rent less expenses) of zero. Doesn't that mean tax free to hold IP's for now? Later on...

Sorry Totaro search the forum for "Buyers Agents" there are heaps of posts and a few of them/us around these days. They are everywhere in the USA and a small but growing percentage of transactions in AUS have independent BA's involved. Can basically do most of the research, legwork and due...

Im sure there are a few others that feel the same way. But with OS income relatively tax free, and property owned here with leverage and depreciation wouldn't the tax be minimal for resi real estate? Or are there other stings due to OS component?

Good advice above, particularly Blacky's post. I believe he talks from OS experience too. 1 Get tax sorted (accountant with International experience) 2 Get finance options sorted (good Mortgage Broker) 3 Get someone on the ground who can locate the deals (trusted family/friends if they...