Australia housing bubble

[hackney]

Originally Posted by hayseed

Very True, One of Ours (which is Mortgage Free) has cost us Money over the Last 2 Financial Years.

We sold both @ a profit, but had to pay capital gains tax.The aim was to pay our main house mortgage off.You don’t need to clear the mortgage on the investment, because @ the end of the day you will clear it anyway with a profit once all disbursements are made.