If you want to start earning money from your rental property straight away positive gearing is right for you!
Taking this approach means:
-
You gain immediate returns on your investment
-
You have a regular stream of income which means less risk
-
You are more attractive to lenders who are loaning you money
It also means that the immediate returns on your investment are taxable and therefore positive gearing may you’ll need to know what your tax situation will look like.
I hope this email has given you some insight into the perks and pitfalls of positive gearing.
If you have any questions, reach out and let’s chat.
My Very Best To You Always,
