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  1. BayView

    What are some of the "exaggerated stories" you've heard from investors/magazines??

    The problem for the $1mill gross per annum earner is the tax paid on those earnings, unless they are a contractor or company. If the property is CFPBT, the $1mill earner is paying even more tax than they already do on their PAYE wage. PAYE wage earners have very few claimable deductions as you...
  2. BayView

    What are some of the "exaggerated stories" you've heard from investors/magazines??

    That story was of a mining town with volatile rents, so pay little attention to that as a normal indicator for Resi. Stories about folks paying $2k per week are nowhere near the normal life in this Country. Most folks don't even earn $2,000 p/w; let alone pay that much in rent. Personally, I...
  3. BayView

    What are some of the "exaggerated stories" you've heard from investors/magazines??

    When you sell it for the $40k extra that the r/e says. Until then....
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