Tuesday, 13th October 2015
Recently I was asked to explain tax variation and, I have to admit, I was a little surprised. You see, it wasn't a new investment client I was talking to - it was a long-term finance professional aligned with the real estate industry.
Tax variation is key to my property investment cashflow strategies
It's an average of $200 in an investor's pocket each week, paid back to them via PAYG or BAS. This 'mini tax return' is then used to meet the gap on mortgage repayments, rather than an investor having to find cash from their own reserves. It's such a simple thing, yet I'm amazed at how many professionals fail to set their investors up properly.
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