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first time investing - upgrade and rent the current home or buy a seperate investment?089marek [1 Posts] What are the advantages of renting out the home we currently have equity in and live in (50s brick and tile in W.A, close to uni, on bus route) and buying another home to live in (upgrading) as opposed to buying a property as a pure investment/rental property? Thanks yarpos [249 Posts] what do you have in mind re financing? it sounds like you are minimising your tax deductible debt and maximising your non tax deductible debt.   |
User loginIn The NewsRBA Rate Drops Rate The RBA has just announced a 100 basis point drop to its benchmark cash target rate. Developers Expectant The Federal Government's $1.5 billion first-home package has stimulated the development market. RBA Rate Cut RBA delivers investors an early xmas present by cutting its benchmark by 75 basis points to 5.25% Today's TipYou should never pay more than 30 cents in the dollar in income tax <more> Active forum topicsBreaking a fixed interest contract Author: marie07 Where is the bottom Author: wealth4life.com Who's OnlineTake The Test
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