My husband and I are thinking about buying an investment unit which friends of ours are going to rent from us. They will then buy a unit that we will rent off them.
We will more than likley buy off the plan in the same development.
We do not have any other properties and see this a a way for us to get into the expensive Sydney market and get tax advantages at the same time.
Dos anyone have any advice on this kind of strategy ?
We will more than likley buy off the plan in the same development.
We do not have any other properties and see this a a way for us to get into the expensive Sydney market and get tax advantages at the same time.
Dos anyone have any advice on this kind of strategy ?