For a supposed property investor who bought his Principal Residence at 17% and two years later, bought an investment property at circa 20% interest rate, you really display a lot of IGNORANCE.
I am starting to believe you are just spinning fantasies.
For the slow: when interest rate goes down and the rental property becomes positively geared, the net income is TAXABLE - ie. you pay tax on it.
And you claim to have owned an investment property!!! Yet, don't even know how it works!!!
