So what you mean is that the losses accumulated over the years can be tax deducted once I return back to Australia? Does this have a restricted time frame? Also is this loss claimed back as one lump sum?

Thanks,

Jason

I admire your courage in seeking to purchase a property at such a young age. Talking from experience, getting into a mortgage requires dedication in meeting repayments and sometimes requires sacrifices. Think this over first, maybe you would like to see the world and save some money like travelling or something. If you are serious in…[Read more]

Ive used the research report from Matusik and its sounds quite promissing. However I have a dilema as Sailesh was saying, as this is a new suburb there is alot of development at the moment and areas around it as well, which is hard for capital appreciating as there is so much supply. The property i have mentioned provides a one year…[Read more]

BA: I think Derek is referring about negative geared property. Basicaly we are able to claim a tax deduction when the mortgage interest payments are greater than the income earned from the property. On the other hand, with +CF property this is not applicable. Really…[Read more]