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LOL! I've even got more skates than houses! :D

I think he should split it evenly among the top 5 female posters! Obviously we'd know what to do with it, since we buy more houses than shoes! :D

You don't buy property with a view to negative gear. It is an investment, designed to MAKE MONEY, not to lose it. Depending on what you buy, it may be, in the short term, negatively geared, but it does not stay that way. There is your tax deduction. Open an offset account against this...