Property Investing Part 3 – Positive Cashflow & Depreciation
How do you get a property that gives you back what you spent when you lodge your tax refund? read on to find out.
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How do you get a property that gives you back what you spent when you lodge your tax refund? read on to find out.
What to do if you are thinking of working for yourself or starting a business – GST, Employing Staff,
Positive Gearing is where the rent you earn is more than the costs (unlike negative gearing where the costs are higher than the rent).
This can be great if it happens – but rare.
The basic scenario of how negative gearing can help build wealth by the following formula:
Save tax + Force Savings = Possible Capital Growth/Buy more properties
How much do you spend on a night out? You could probably save a few