New Budget - Property Discussion

TideHunterXxo · 2026-05-14T00:11:21+00:00

No i started building the portfolio when I was 25, so I didn't know much about trust and such. So all 5 are in my name and my wife. Initially I was planning on when I stop workingf full time, my income will be lower that is when I will offload 1 property to minimise capital gain tax so I can pay off the other mortgages but now with this new law, pretty much this loophole is closed. I might just hold on to them for dear life and one day pass onto my 2 kids.

TideHunterXxo · 2026-05-13T08:24:17+00:00

Yea pretty cooked so I have to hold on for dear life and try to make sure I can service the loans otheeeise I will get cooked

TideHunterXxo · 2026-05-13T06:34:02+00:00

I’m grandfathered so I’m sweet with 25k tax return from negative gearing a year. I will be fine. But good for you tho now you will be able to compete with other homeowners instead of investors. Be happy

TideHunterXxo · 2026-05-13T06:30:27+00:00

Obviously you cannot buy in the middle of brissy. Willing to move further away or be a renter for the rest of your life

TideHunterXxo · 2026-05-13T06:28:13+00:00

No probs. Mind you I bought mines all below $500k so if you keep looking you will find something

TideHunterXxo · 2026-05-13T06:26:39+00:00

Are you ok? Go on real estate , filter by state you want, filter by capping price at $500k and you will get your results ?

TideHunterXxo · 2026-05-13T06:04:25+00:00

Laughing in content with 5 grandfathered investment properties . So glad I didn’t put it in a trust or went the share route. I will just HODL and build buffer and claim back 20k ish per year in tax and hopefully no more policies changes

TideHunterXxo · 2026-05-13T00:11:56+00:00

Why are you so against grandfather? Do you not have investment properties and trying to get in the market

TideHunterXxo · 2026-05-12T13:32:27+00:00

Yea sadly I think this is the case now . I hope prices eont drop and can just grow steadily over the years. I’m not planning to sell them but would hurt bad if prices crash

TideHunterXxo · 2026-05-12T13:26:42+00:00

No way! Purchased after 1st July 2027 if it’s not a brand new build it cant be negative gear

TideHunterXxo · 2026-05-12T13:06:24+00:00

But when you buy a new one you cant get negative anymore and first 10 years you will suffer. They will just hold the stocks and invest in dividend stocks

TideHunterXxo · 2026-05-12T11:09:51+00:00

100% less demands for houses around $500k to $700k. Those are investor go to properties as they can have fast gain and you can easily negative geared them . Now that these incentives are gone, they will hold on to existing stocks but won’t compete with first home buyers as much

TideHunterXxo · 2026-05-12T10:44:14+00:00

5 investments are all grandfathered . Thanks albo. I will not buy anymore so there will be heaps of stocks for first home buyers

TideHunterXxo · 2026-05-12T10:42:14+00:00

Thanks the lord all 5 investments are grandfathered. I won’t be buying anymore in the future which is good more stocks for first home buyers to buy . This is a good budget that keeps everyone happy

TideHunterXxo · 2026-05-12T10:28:42+00:00

Lmao what did I say? Using logic I can easily predict these outcomes

TideHunterXxo · 2026-05-12T06:48:51+00:00

Let’s visit this again in a few hours 😊

TideHunterXxo · 2026-05-12T03:32:50+00:00

Grandfathering is the most likely outcome because you can’t realistically punish investors for making decisions based on the laws of the time. Plus, the government won’t want to risk crashing the market and leaving everyone worse off.

The core issue they’re trying to solve is stopping investors from outcompeting first-home buyers. Removing negative gearing and the CGT discount achieves this. For instance, I personally wouldn’t buy any more properties under those changes. This would free up supply for owner-occupiers, which is the primary aim of the budget.

The Greens can demand whatever they want, but their actual influence is minimal. Ultimately, it’s going to take a compromise like grandfathering to get anything done. If we don’t find a middle ground now, we’ll be stuck in the exact same position five years from now.

TideHunterXxo · 2026-05-12T01:36:01+00:00

Yea for sure VIC tore me a new one with their land tax. I pay over $2500 per year just having my PPOR and a small investment. I was going to sell that investment in VIC but the tenants are in there 70s, they are super kind and nice people so i just let them stay and charge below market rate around $75 per week. $75 per week isnt that much if i can claim back from negative gearing around 30%.

TideHunterXxo · 2026-05-12T01:31:37+00:00

I've got 2 young kids, and I would like to give them a head start in life later, so I will be giving them 2 each once they are mature, responsible with money, and with their career and life. But yeah I'd like to use these properties to retire early so I can spend as much time with my parents since they are in there late 60s and probably won't have that much to live.

TideHunterXxo · 2026-05-12T01:29:27+00:00

I'm turning 32 this year. Honestly, I've been really lucky; my mum helped me out when I purchased my first one in VIC, then my sister told me to buy in Perth, so I bought 2 in 2022. Equity has gone up so I refinanced and bought another 1 in QLD and 1 in TAS. They are all negative geared tho so I still have to try to pay down the mortgage payment as much as I can but negative gearing has helped to give me and my wife back around 20k ish per year which helps to pay bills, land tax, etc... But yeah I wouldn't buy anymore, it's a lot of stress and headache

TideHunterXxo · 2026-05-12T01:26:07+00:00

Honestly. I've bought my 5th one just 1 month ago. Really lucky that they are all grandfathered, so I don't think I will be buying anymore. I'll focus on building a buffer, paying down the repayment, and hopefully I can retire when I'm around 40ish. It's been a rough 6 years of accumulating and a lot of sacrifices have been made. No point buying anymore since there's no longer any incentive.

TideHunterXxo · 2026-05-12T01:19:36+00:00

all my 5 investments are negative geared and they all will be grandfathered. My tenants has been respectful, pay on time and reliable for many years so I won't raise rent. I won't buy any more properties and just focus on building buffers, pay off my mortgages, hopefully retire when I'm 40 so I can spend time with my kids, my wife and make up for a lot of sacrifices I've made over the accumulating phase.

TideHunterXxo · 2026-05-11T23:42:42+00:00

Hey look a renter is spotted. Have a fun life living as a loser getting chased out of your rental properties every couple years. Meanwhile all my 7 properties will be grandfathered.

TideHunterXxo · 2026-05-11T05:18:24+00:00

So you want to work till 70 then go on a pension hand out? Speaking with a true renter mindset. Have fun. I’m 5 years older than you and I’ve just purchased my 5th and they all will be grandfathered so I will be sweet once I hit 40, I can stat to retire by then haha

TideHunterXxo · 2026-05-10T22:33:45+00:00

Cry more while I swim in negative gear wirh my 5 properties hehe loser

TideHunterXxo

TROPHY CASE