Quote Originally Posted by Billy Boy View Post
Hi Skol
Seams a few of us have been in your boat(so to speak) asset rich, cash poor. I now have no comercial properties, and have invested in LPT's
mainly. It,s the best move I've made so far. As you say no worries,
Rates, tennants, etc.... and the reterns are Tax Free.
Have been watching NAP lately and picked up a few. They appear
to be getting the house in order. Managing things well. KPF is
clipping along nicely.
APT welllll..... go some housework to do. I use to hold but got out
some time ago.
I would have though ING could have moved SP wise but there again
with the ANZ takeover things need to settle.
GMT now trading around NTA.... Hmmmmm I hold a lot.
Your thoughts welcome
Cheers BB


All good stuff. Not a bad idea thought to keep enough commercial to give you at least the first 70,000 of income, and use the LPTs from there on to avoid the 38% tax rate.