I think the last frontier in property is neutrlly geared properties. No danger of over committing yourself (like negatively geared properties) and no danger of buying some dive (like positively geared properties). I reckon it’s the way to go in the current climate!
Howdy Shane. Gee, you sure have a lot of posts in such a short time!! This and positive gearing has me rather perplexed. People that are neutral geared I assume they mean the rent covers all outgoings including interest, council rates etc. Now as I understand it back in 1985, the Worlds Greatest Treasurer, disallowed interest on borrowed money to be offset against other income. Now, surely if this happened again, people that are now neutral or positive geared would have to dig into their pockets!
ShaneB, you might be piling up the post, but gees, they are all of a similar consistant quality
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