My wife and I are keen to enter the property investment market and came across this terrific site. I have a house with a small mortgage a few 15kms from a large town which we would like to move to. We have been looking at properties to invest in or live in. Nothing so far. We have discussed renting our current 4 bedroom house ( low maintenance)out as our first investment and purchasing and living in the town we want to move to. From a tax and an investment point of view, does this make sense.
Ideas appreciated.
Ideas appreciated.
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