got a letter from an investment place about my rented apt.
The have units in the same complex looking for more.
owe 155k tracker
on daft looks to be about 220
they reckon 200k as the rent is relatively low.
I am getting 1100 a month they reckon 1700 is the rate. I am happy with tenants
Bought the apt at the top for 270 so no CGT
Also have a house rented
bought for 180
worth about 220
owe 185 interest only till 2027
Thinking sell both and with no overall cgt across the 2 and cut my mortgage on family home in half
I know to sell the house I will need to give at least 7 to 8 months notice although it appears the CGT loss carries from the apt if I go that way.
What am I missing?
The have units in the same complex looking for more.
owe 155k tracker
on daft looks to be about 220
they reckon 200k as the rent is relatively low.
I am getting 1100 a month they reckon 1700 is the rate. I am happy with tenants
Bought the apt at the top for 270 so no CGT
Also have a house rented
bought for 180
worth about 220
owe 185 interest only till 2027
Thinking sell both and with no overall cgt across the 2 and cut my mortgage on family home in half
I know to sell the house I will need to give at least 7 to 8 months notice although it appears the CGT loss carries from the apt if I go that way.
What am I missing?