This is a great video that I did a few years ago. The information still applies today.
Here’s a useful spreadsheet template you can download – here.
This is a great video that I did a few years ago. The information still applies today.
Here’s a useful spreadsheet template you can download – here.
What about capital gains tax implications?
Hi Brad,
If you sold the investment property for a profit, there would be CGT to consider.
Keep in mind that selling costs you money and it’s always worth calculating the actual cost of selling.
We cover this in the book How to Achieve Wealth for Life.
Thanks Tony, I find myself in that quandry and would love to have the spreadsheet to find out regarding buying a home vs buying an investment property.
I have just bought a unit and can’t decide whether to live in it or rent it out.
It will be havily negative geared if I do, and not sure where capital gains will come from with affordability halting the growth
Anyway, if you still have the spreadsheet I would appreciate access to it
Hi Mike,
Spreadsheet now available above!