Its rather simple really - Dont over complicate things!
Oh, its not simple at all. Some really major and very different choices and unfortunately some are beyond my control - notably the crap rental market and crap broadband availability. If I just wanted to accumulate an income stream for the future it would be tooooo easy.
Endgoals (within short time frame, ~1-2 years) would be something like:
- Sell IP, build custom house in other town, work from home with broadband
- As above but sell PPoR and hold IP if sale proceeds are high enough, move into IP while building then rent it out. Or sell it.
- As above but sell both PPoR *and* IP
- Wait until there's a commercial rental available in other town, work there during the day and only get broadband at work which should stop us going insane, hold one IP and sell other to fund shortfall and salary
- Sell everything, rent a house in other town in absense of commerical rentals and work from home with broadband (problem there with resi renting and a business) and hope we are earning before the money runs out
- Just hold IPs for longterm gain and continue trudging with business, unfunded and without broadband, which means it'll take bloody forever to start earning good money
- Hold everything, get a business loan against equity, pray for a commercial rental and let bank foreclose on IPs if the money runs out too soon
- As above but sell at least one property
- Sell IP/s and spend $3000 a month of spoils on good broadband at home, thus effectively wasting lots of money when I could move and get broadband for $50 a month
- Pray telstra gives us broadband NOW and eliminates this strange desire to spend tens of $1000s of current and/or future capital gains just so we can get broadband
- Pray for commercial rental to become available before we go down any of the other paths as this is the one option that would allow us to put everything off
You see my problem? It actually *is* very complicated. Where the hell do you go to get professional advice?
Edit: the two main goals are just business funding and broadband. I have no idea which combination of selling, not selling, lending, not lending, building, moving, not moving, not building, and combinations therof across 3 properties will give me *both* outcomes, although I can see plenty of ways to get one or the other. I'm sure its there somewhere, I'm just having trouble seeing it as I'm not familiar enough with tax law, business lending law etc.