All Topics / General Property / Margaret Lomas posative cashflow

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  • Profile photo of DomoDomo
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    @domo
    Join Date: 2004
    Post Count: 76
    November 25, 2004 - 5:30 am

    On the forum there is allot of talk about Steve’s book & some references to Jan Summers books but there is no reference to Margaret Lomas .
    If anyone has read any of Margaret’s books I would be interested in hearing peoples views.

    Profile photo of richmondrichmond
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    @richmond
    Join Date: 2003
    Post Count: 831
    November 25, 2004 - 5:56 am

    Hi Domo,

    Use the search facility, she’s been discussed quite a lot.

    Cheers
    r

    Profile photo of DomoDomo
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    @domo
    Join Date: 2004
    Post Count: 76
    November 25, 2004 - 7:01 am

    Richmond
    I did a search but couldn’t find much , only some reference to the books.

    My understanding of Margaret Loams strategy is to find a property which was built after 1985 ( I think ) which the government will allow you to depreciate ( On paper deduction ) . The property will be -ve geared , using the On paper deductions some more tax will be saved & utilised to reduce the mortgage & increase equity.

    This strategy keeps you tied to a job but it’s a start !!!

    Profile photo of SuperTedSuperTed
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    @superted
    Join Date: 2003
    Post Count: 205
    November 25, 2004 - 11:25 am

    The books made sense especially if yr in the top tax bracket ;-).

    “Never argue with an idiot, as they will bring you down to their level and beat you with experience”

    Profile photo of scorpioscorpio
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    @scorpio
    Join Date: 2003
    Post Count: 16
    November 29, 2004 - 9:13 am

    Hi Domo.
    Ive purchased and read all her books. They are an excellent source of material for new and experienced investors alike, and compliment much of what you will learn from Steve.

    Like Steve – she gives many examples of how to crunch numbers, and has some very good tools on her website.
    Cheers

    Profile photo of Steve McKnightSteve McKnight
    Keymaster
    @stevemcknight
    Join Date: 2001
    Post Count: 1,763
    November 30, 2004 - 12:47 am

    Hi Domo,

    Here’s the link:

    https://www.propertyinvesting.com/forum/topic/8788.html

    Please discuss future matters on that thread.

    Thanks,

    Steve McKnight

    **********
    Remember that success comes from doing things differently.
    **********

    Steve McKnight | PropertyInvesting.com Pty Ltd | CEO
    https://www.propertyinvesting.com

    Success comes from doing things differently

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