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  1. R

    My IP story so far

    No, not me.
  2. R

    My IP story so far

    Thank you for the comments. Yes, I claim depreciation and borrowing cost evry year, so the paper losses are bigger than the holding costs after tax. For example, this year the holding cost before tax of IP1 (i.e. Rent - Interest - Expenses) was $2600, but after claiming borrowing cost of...
  3. R

    My IP story so far

    Hi, I am doing my family tax returns, and feel like sharing the numbers of our property investment so far. IP1: Melbourne South East (3B+study,2B,2C) Price: $270K on 2008. Current value: $380K Total holding costs after tax: $20K. $3K - $3.5K per year. Last year was $1K and positive this year...
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