how much did your house make you?, page-32

Passive buys house 200k - spends all up $11k to get in.

Scotty and Hawkers put $11k in bank and get 6%

Passive sells house for $660k - pays off bank and has $440k tax free

Passive now has $440k
Dweedle dee and dweedle ... have $11k

Work out the percentages. We will discount your rent and my repayments as they neutralise. Passive has paid some of capital off along the way.

BTW you can't negative gear a ppor.