"Woudl be interesting to see if you are actually in front? Sure you may have $200k cap gains but if you sat on negative gearing at 17% and no cap gains for years the ole P&L woudl have been dripping in red..."
hawkers, I paid $40k some years ago which was a rental property during the days of 17% interest rates and stagnate growth, it is now worth near $600k.
Keep in mind that interest on the loan is a tax deductible expense
- Forums
- Property
- surely they must be getting nervous?
surely they must be getting nervous?, page-25
-
- There are more pages in this discussion • 127 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
RNU
Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some
SKS
SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne