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I made a profit of $40 000 after capitalm gains. Thanks Jason.

I just sold my beach block and made about $40 000 profit, now I would like to invest, but I am confused which way to go. Should I put the money on my mortgage which I owe about $100 000 or should I buy a block for $80 000 and build a house and on sell it as I am a registered builder, which I...