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!
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!