smile0784 wrote:rb85 wrote:smile0784 wrote:rb85 wrote:smile0784 wrote:i run at a 2000 loss over the year but get it back at tax time dure to negative gearing the benifite is the property is going up but 20 grand a year in property value so even if i couldnt negative gear tenically im still beter off by 16k a year in gross profit when selling.
Congratualations on where your at truely wish you all the best.
Alternatively to investing in a house in Melbourne if an individual used compounding to grow their wealth without borrowing how would the returns compare?
What do you mean?
How to biuld wealth with property with out borrowing money?
The congratulations was genuine wish everyone here all the best.
Investing in not necessarily property but without borrowing money using compounding to grow your wealth investing in good companies some who invest in property but without having to go into debt to do so.
I wasnt douting your sincerity
I want sure what you were meaning about investing.
Investing comes down to what an individual wants to do.
If you go the sea change hopefully its all you want it to be mate.