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  • Profile photo of abmorrisonabmorrison
    Participant
    @abmorrison
    Join Date: 2009
    Post Count: 5

    Ahh of course :)

    Thanks for clearing that up for me Terry – appreciate it!

    Profile photo of abmorrisonabmorrison
    Participant
    @abmorrison
    Join Date: 2009
    Post Count: 5

    Thanks Terry,

    That's a great help!!

    So just for clarity for myself 'cost base' would include land, all associated construction costs & interest on money for both?

    Thanks again

    Profile photo of abmorrisonabmorrison
    Participant
    @abmorrison
    Join Date: 2009
    Post Count: 5

    HI Guys,

    Just wanted to say thank you so much for all of the 'shared' info here – it really has been beneficial!

    We are looking at getting our second IP and were told that after the GFC we can no longer use the above structure …. we were looking at different ways of getting money (have quite a bit of equity – but serviceability issues due to having a baby and only back at work part time)

    Perhaps we have been misinformed?

    Regards
    Bron

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