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From: Donna Larcos
I'm just trying to work out the terminology.
Is a positively geared property one that is
giving you a positive return after tax
deductions despite the deposit on the
property? I would have thought that a
property was only truly positively geared if
the return was positive after tax
deductions with borrowing at 106%. I
could make any property positively geared
if I threw enough of my own money at it?
Do most of you use your own money for
10-20% deposits or borrow the lot?
Just curious.
I'm just trying to work out the terminology.
Is a positively geared property one that is
giving you a positive return after tax
deductions despite the deposit on the
property? I would have thought that a
property was only truly positively geared if
the return was positive after tax
deductions with borrowing at 106%. I
could make any property positively geared
if I threw enough of my own money at it?
Do most of you use your own money for
10-20% deposits or borrow the lot?
Just curious.
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