W
WebBoard
Guest
From: Damian O'Neill
Hi Folks,
A company named Park Trent investments recently contacted us re PI opportunitiess. On setting an appointment time, my wife mentioned that we have just sold our house and intended buying negatively geared IP/s with the proceeds, i.e. not buying a principle place of residence, but renting for 2-3 years while she completes studies. The Park Trent representative told my wife that only people with 20% equity in their principle place of residence were eligible to negatively gear investment properties. Hoping that someone would be so kind as to answer:
1. Is this bollocks?
2. who is Park Trent Investments?
Ta,
Damian
Hi Folks,
A company named Park Trent investments recently contacted us re PI opportunitiess. On setting an appointment time, my wife mentioned that we have just sold our house and intended buying negatively geared IP/s with the proceeds, i.e. not buying a principle place of residence, but renting for 2-3 years while she completes studies. The Park Trent representative told my wife that only people with 20% equity in their principle place of residence were eligible to negatively gear investment properties. Hoping that someone would be so kind as to answer:
1. Is this bollocks?
2. who is Park Trent Investments?
Ta,
Damian
Last edited by a moderator: