Question 1. As a couple we are currently on a part pension under the asset test. With super of $250,000 and two rental properties, both are old houses, one is paid and the other one is used as a security for the other one that has a mortgage of $147,000.
I bought the properties when the market was high. I want to sell it but in my calculation I might be losing more than $100,000. Rental income from both rental properties pay for weekly mortgage payments, insurances, rates and minor repairs.
