Search results

It's a way to get the money out. If you re-draw, the new loan will not be tax deductable, however if you sell and buy again, all the loan is deductable. You have to pay CGT if you sell, but by re-drawing you are not eliminating the tax, just postponing it. So not really any extra cost...

Buy a property every 2 years. After 16 years you will have 8 properties. Then sell IP1 and buy IP9 Continue selling and buying a property every 2 years. This gives you 16 years growth every 2 years which should be enough to live comfortably on. Here is the math:- Buy IP1 for $300 in...

There is more than one way to live off equity :)