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  • Profile photo of hschmidhschmid
    Participant
    @hschmid
    Join Date: 2007
    Post Count: 87
    October 29, 2007 - 5:05 am

    Just sell it and smell the roses.

    Maybe consider a lifestyle IP

    I bought at http://www.brinkleyresort.co.nz  (ski, fish, golf)

    It pays for itself in winter and i can use (or give to friend) anytime for free.

    Maybe a seaside 'managed property' which you can use.

    Better health option

    Profile photo of hschmidhschmid
    Participant
    @hschmid
    Join Date: 2007
    Post Count: 87
    October 29, 2007 - 4:44 am

    maybe time for another IP

    Profile photo of hschmidhschmid
    Participant
    @hschmid
    Join Date: 2007
    Post Count: 87
    October 29, 2007 - 4:39 am

    Do your calcs on new.

    Far greater tax advantages and more tenant appealing.

    In a new estate you might even negotiate 'builder' terms i.e delayed settlements etc

    Sometimes you also have instant capital gains.

    Profile photo of hschmidhschmid
    Participant
    @hschmid
    Join Date: 2007
    Post Count: 87
    October 29, 2007 - 4:33 am

    sounds like  full 'retail' price to me.
    consider your 'wholesale' options and attract instant capital growth.
    Also improves the yield

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