hi, i'm new to this forum as well as to the world of IP so pls bear with me...in other words, 'be gentle' actually wanted to start posting about something more basic, but this is one of those that i've been really curious about for some time so thought i might as well jump into it. in fact, i don't even know how to best phrase this, but here it goes... if i buy an IP and it turns out to be negative-geared, will the advantages outweigh the disadvantages? actually apart from owning a property in the end and reducing my taxes for several years, what other advantages does it bring? and what i mean by disadvantages is, for example, will the interest that my loan earned be (possibly) so much more than the value of my IP? i currently don't have an IP, but i'm strongly considering getting one with the help of my friendly-neighborhood-lender of course. as you probably can tell, i'm not knowledgeable on most of these things yet so i'd really appreciate any help i can get. lastly, is there some sort of calculator that would allow me to simulate IP scenarios, particularly negatively-geared ones? thanks in advance!