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  1. tobe

    Own property outright - refinance to -ve gear?

    stay where you are and do nothing. stay where you are and buy an investment property and negatively gear it. stay where you are and buy an investment property and positively gear it move and rent out the old place and pay the loan with after tax income, and tax on the rental income...
  2. tobe

    Own property outright - refinance to -ve gear?

    You dont need to sell and buy two new properties. You have lots of choices. However not all of those choices involve negative gearing. if you want to negative gear, then the costs of the income producing asset need to be more than the income from that asset. When aportioning 'costs', you can...
  3. tobe

    Own property outright - refinance to -ve gear?

    Id consider buying 2 extra properties! that will improve your tax and cashflow situation, with a marginal increase in risk (in the sense you are now borrowing more) alternatively, sell the current property and use the cash to buy the next one. No debt, no decution, no rent, no CGT. simple...
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