AJ Clores
Region: AU
Wednesday 07 August 2024 01:30:41 GMT
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Lemon slice :
Multiple home ownership is why we have a housing crisis. We need a tough capital gains tax
2024-08-07 10:25:25
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aries212121 :
land tax.....
2024-08-08 02:34:28
2
unicorngal :
yeah if only it were this simple
2024-08-07 22:16:28
3
Lisa Walker :
Good luck with the land tax 😩
2024-08-07 18:08:41
17
Lilly Mosley :
Its not that simple, as well as mortgage the rent needs to cover rates and maintenance on house, replacement of any whiteste, any plumbing elecbills. Refreshing house between tenants, then what if you
2024-08-07 22:59:54
3
Geelong21 :
Rent in Aus will never cover mortgage, tax advantages don’t work if you do it this way, basically a terrible idea!
2024-08-07 09:17:27
10
thegumboots :
Banks won’t give you that many mortgages.
2024-08-07 11:07:17
5
hamishgrant59 :
need the income to buy 1 house let alone 2 .
2024-08-07 19:45:08
31
Kim Dniprowskij :
I did exactly this ❤️
2024-08-10 10:44:30
3
It’s me :
FYI-if you used your equity to buy second house,rental won’t cover high interest rate repayments on first home.do the math.😂
2024-08-07 15:51:02
7
Pauline :
how can u have money to buy a second house when u spent your money paying for your mortgage in the first house you lkvrd in for 2 years?
2024-08-07 11:52:36
4
user7215242253440 :
You want to have a high paying job
2024-08-07 19:15:26
3
user4452580099227 :
You need to service the loan
2024-08-07 23:43:45
14
Olympia Ziermann :
how many houses you got
2024-08-08 07:26:44
2
aussierei3 :
a lot of rent paid does not cover much of the mortgage, insurance, rates
2024-08-08 07:57:02
2
matahari :
anyone know, with 2 houses, 1 owner occupied and 1 investment, how is the tax? tks
2024-08-09 03:49:59
2
z :
This is why our country's real estate market has become unreachable to normal people, because housing is now a "get rich scheme"
2024-08-08 07:45:02
4
filipposergej :
tax and maintanence is the worst!!😃 praying all tenants are responsible and keep the property from damages.
2024-08-07 20:58:27
7
_shaaay65 :
woah is this for real
2024-08-17 23:09:24
1
🇦🇺💜💜💟Anita💟💜💜🇦🇺 :
Lol assuming negative gearing works for you at that point in time. If it's not generate positive income or become position geared you don't own anything but the debt that comes with borrowing money
2024-08-07 13:22:23
7
dianabainbridge :
what about stamp duty on each property? that will add up.
2024-08-08 14:21:23
1
Suzaana :
You forgot to mention-Rent barely covers mortgage.. the there is land tax,strata fees,rates & watee/sewege fee to pay. Plus real estate management fees
2024-08-07 14:41:32
4
Tiktokmusings :
15 years ago sure but now with negative gearing you won't gain from rent except capital gains.
2024-08-07 22:21:41
8
Dom :
What about land tax of 2% of the land value in NSW. We can’t get 2% net return.
2024-08-07 09:19:38
4
SerpicRaged :
Unless you have a passive income first.. you will need tripple job income to sustain the maintenance cost, insurance, council rate etc..
2024-08-08 07:01:16
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