- 9 July 2016
Tips For Investors
It now seems inevitable that there will be changes to negative gearing – regardless of which political party seizes election day. With this in mind, here are some tips to ensure that you are one of the winners:
- Complete a Financial Wealth Check now to determine your current borrowing capacity.
- Re-assess your long term investment plans (update your FIDO with your Property Mentor).
- Fast forward your next property purchase to ensure you lock in the Grandfathering provision on negative gearing.
- Evaluate your overall portfolio, and the allowable negative gearing for future purchases (after changes take effect) for either scenario.
- Constantly check your properties’ rent to ensure it keeps pace with current market rents.
- Sign up to Kevin’s Rate Club to get his regular updates on interest rates. Simply email virginia.bergman@propertyclub.com.au and she will add you to the mailing list.
I Love Property!
Kevin Young Club Founder
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