Search results

  1. M

    Ouch - $30K being taxed and not much deductions to off set

    Any investment with the main selling point being the tax benefit is of concern to me. If your focus is to reduce your tax it might be a good investment. If your focus is to maximise your wealth then maybe not.
  2. M

    Ouch - $30K being taxed and not much deductions to off set

    As a salary and wage earner there are limited options for you to reduce your tax. With your investment properties just follow the standard route of ensuring you are claiming depreciation and consider if prepaying interest is of benefit. Accountants are not magicians that can make tax...
Back
Top