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TheGladiator

8,721 Posts.

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01/08/15

12:58

Post #: 15734500
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Originally posted by leroybrown43 ↑

So I've purchased a property in rural Victoria for my parents to live in for 5+ years, what is the best method regarding gearing? Property was $275k and they are happy to pay me $300 per week. Am I better getting half that in cash so I don't pay tax and can negatively gear or just pay off the loan as quickly as possible? As its an investment I'm not eligible for FHB grant

Any advice/thoughts would be greatly appreciated

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I wouldn't post tax evasion on a public forum.

Best advice you will get on this thread
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