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  1. Rixter

    Who pays next to nothing in tax?

    Exactly. Investment is not about taxes. And where would 30% of the population live without private investors? The government actually saves & makes money from providing tax incentives to investors.
  2. Rixter

    Who pays next to nothing in tax?

    When you LOE there is no income tax to pay in the first instance. :)
  3. Rixter

    Who pays next to nothing in tax?

    Low income rebate .
  4. Rixter

    Who pays next to nothing in tax?

    Only if you inject your own capital. ;)
  5. Rixter

    Who pays next to nothing in tax?

    Kim, This is the CGA strategy they has allowed us to reduce our current years taxable income to below zero. Apart from all the usual cash expense deductions we also accumulate a lot of non-cash deductions from each property purchase year after year. These non cash deductions (brought...
  6. Rixter

    Who pays next to nothing in tax?

    Asdf, We're PAYG with a sizable property portfolio, are not self employed and do not run any other businesses on the side to "soak up" revenue as you put it. We're also around the income bracket you mention (from payg / rent ), have a taxable income of less than $0.00 plus receive tax credits...
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