“If you've got rental income positive on one asset… you can offset the negatives with the positive”
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Said on Asset Rich with Jack Henderson
“The first one is if you get a higher starting rental yield. So those numbers that I just produced were based on a 3% starting yield. But if your starting yield is 7.6%, the amount you've got to put into that property is greatly reduced.”
Property Investment & Wealth Creation Australia | The Michael Yardney Podcast · Melbourne Property is 21% Undervalued - Here's Why | Stuart Wemyss
Play from 24:10
24:10
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What was described
advocated using a higher starting rental yield (7.6% vs 3%) to reduce the capital needed for a property and offset the loss of negative gearing
starting yield 3%; starting yield 7.6%; negative cash flow < $10,000 per year
Said nearby on the same subject
“You'll start by offsetting the short-term gains of the short-term losses, and then the long-term gains of the long-term losses”
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Said on Motley Fool Hidden Gems Investing
“I wouldn't use the funds to buy investment properties. I'd be using the funds to reduce my owner-occupied debt and then leveraging to buy investment properties.”
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Said on this is property
“We legislated a permanent loss carry back tax offset to support small businesses cash flow and resilience.”
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Said on Australian Parliament: House of Representatives
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