thanks for your input raider if what you say is true that it...

thanks for your input raider if what you say is true that it will double in ten years well thats 10% p/a and if Im able to claim the interest but not the principal on the loan Im only actually paying 1.25 % out of my pocket not including rates etc which are claimable so 10% less 1.25 % it doesnt seem to bad to me I have other issues with income generation holdings eg an ex wife(maintanance payment)who has her hands in my pocket every dollar I earn so I have to be careful. The land is an acre so it may become subdividable later its in a wine region not by the water, Im taking a punt but so is being in the stock market
thanks again..