Seeing as the inflation word has been mentioned , don't forget to discount your return by the inflation amount .
And I'm pretty sure you can't claim`inflation on your tax .
So , deduct the tax from your %4 and then take the inflation rate from your principle and see where you end up .
Depending on your tax rate , you might be getting 2.5 or 3% return but your $600k is now worth $12k less thanks to inflation @ 2%.
Oh , and one other thing . If it's an investment property , it's not $600k , it's $60k of your money .
Makes a bit of a difference in terms of return on your investment .
- Forums
- Property
- renting : dead money ?
renting : dead money ?, page-24
-
- There are more pages in this discussion • 153 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online