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Location:
Brisbane
Registered:
October 2004
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Re: Buying a new home, but want to keep this one as a rental- HELP!
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Mon, 29 August 2005 00:37
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See your accountant.
Dodgy/home DIY mechanic will fcuk your car.. dodgy/home DIY accountant will fkuc all your money!
I am in the same position. The accountant will tell you to sell the place you are in because you will not legally be able to claim much expenses for your negative gearing. Buy the new place. If you want investment property, buy it later and claim all your expenses.
Remember, it is a business deal, don't be too emotionally attached to your house.
Trev
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| | Subject | Poster | Date |
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Buying a new home, but want to keep this one as a rental- HELP!
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Dust | Thu, 25 August 2005 07:06 |
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Re: Buying a new home, but want to keep this one as a rental- HELP!
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Corona RT142 | Thu, 25 August 2005 07:12 |
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Re: Buying a new home, but want to keep this one as a rental- HELP!
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Dust | Thu, 25 August 2005 07:16 |
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Re: Buying a new home, but want to keep this one as a rental- HELP!
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Corona RT142 | Thu, 25 August 2005 07:17 |
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Re: Buying a new home, but want to keep this one as a rental- HELP!
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WiLo | Fri, 26 August 2005 12:37 |
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Re: Buying a new home, but want to keep this one as a rental- HELP!
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Mr DOHC | Sat, 27 August 2005 08:30 |
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Re: Buying a new home, but want to keep this one as a rental- HELP!
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trevtrev | Mon, 29 August 2005 00:37 |
