@ Jake
Ty for reply.
The interest is included in the deductions. I didn't classify it as an expense, I will make a point to separate it for future posts.
The difference between 10% - 20% deposit is no more than $100 but I will take note to put that in my next analysis.
Properties of...
Forgive my calculations there was an error where I had the incomes from two people not from one person. The amount is actually and you are correct:
$42,554 pre tax
$32,880 Post Tax
Negative gearing saving = $9,674
Following from my last post Lidcome = Bubble the inner city suburb of Ashfield is in a big bubble that can not be sustained.
The subject property is 1A Brunswick Parade Ashfield.
The property is a 3 bedroom 1 bathroom 1 car house on 408m2 of land. The house presents very nicely and probably...