FACTS

• More people have made more money from property than any other form of investment.
• The best investment by far is one that somebody else can pay off for you.
• Negative gearing, with it's taxation advantages, is without a doubt, the most effective way of accumilating wealth through property.
• The best tax advantages on property investments are on "NEW" properties which can take advantage of the ATO's Rules of Depreciation on Buildings and Fixtures and Fittings.
• If you own a residential property or have a mortgage, then you don't need much cash, often none, to enter the investment property market. The best time to buy property is where there is a distinct advantage; e.g. one of the first into a new area, features of a property appeals to a definite market and in an area which has plans for re-development by major authorities