luke86 replied to the topic 1st home dual zone resi/comm. Need advice. in the forum Commercial Property 15 years, 2 months ago
Hi Mark,Remember that commercial properties have higher vacancies than residential properties. If your portfolio consists of a single commercial property, then your are exposed if that property is vacant for a considerable amount of time. Your will lose your entire rental income there will still be a $700k loan to pay. I think it would be be…[Read more]
luke86 replied to the topic Sell IPs and pay out PPOR loans ? in the forum Help Needed! 15 years, 2 months ago
Hi All!I have also been lurking a while without a post so I feel today is a good a day as any to break the ice!!I think that you should hold all properties. Selling them as you have mentioned will mean that your will be up for both GCT and selling costs. Because the purpose of selling the properties is to pay down non-deductable debt (and be in a…[Read more]



