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Hi Sorry I guess its my lack of understanding in regards to investment properties. Yes initially brought the first property because of negative gearing against income , however now they are positively geared and we are paying tax and the accountant has said that we will be continuing to pay...

Hi No it wasn't really available to rent as we had to do quiet major renovations to this home . It is tenanted now with tenants on a 12 months lease paying $490 wk. They paid up front 6 months in advance . In terms of goals yes less tax payable is better as my husband and I both work in F/I...

Hi Thanks for the reply. Goals are to own our own home and be financially secure . We pretty much stumbled into this property thing and touch wood have been so lucky with amazing rents ,long term tenants and good growth .However we are not sure were to go from here to be able to purchase or...

Issues Hi Thanks for the reply. The accountant that we have said that we made approximately $10,000 profit therefor we would need to pay . The new property at Southport was apparently not a tax deduction this financial year as it was not tenanted until September 7th and as the interest rate...

Hi Thanks in advance for all advice offered for out question..(: Relatively new to property investment ( 5years ) . Pretty well just stumbled into it and continued to do so along the way. This is the first year that I have had to pay tax ($200) instead of receiving a return of usually...