Land Tax Is Increasing In Some States So Is IT Still Viable To Invest There And Get Positive Cash Flow?
Great Property Investment is unique in that is can provide a range of properties in most states of Australia. You can ‘leverage’ your purchases by buying some in Brisbane and/or the Gold Coast where no land tax is payable until you have comparatively large holdings. The spread to other states if buying will minimise tax and ensure that tenants pay most, if not all, of the bills. Weigh this up against land tax. For further information, please Contact Us today.
Related Questions
- Under the Will of the Testator, a beneficiary was granted a right to reside. What happens to the land tax liability in respect of that land?
- I have just become a trustee of a new trust that recently bought Victorian land. What do I need to do for land tax purposes?
- When is Stamp Duty Land Tax payable?