PAUL’S VERDICT
Mar 31, 2021
3 minutes
Paul Clitheroe
I reckon the starting point here is a stocktake of where you are. You own your home, and after the subdivision and sale you’ll have cash of around $600,000. Then you have equity of around $100,000 in both your investment properties and also in super, a total of $300,000.
Let’s put your house aside. It is a wonderful asset, in particular with our aged pension system, where a family home does not count as an asset towards a pension.
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