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This is true, but I still hate Land Tax. I could take the family on a really nice holiday every year with that money, so it will either be an interstate purchase next or knock over one of my IP's and start a development(The next journey). The way I look at it is that it's not bad to pay it...

Got mine yesterday! Grrrrrr... With Land holdings over $1M in Vic, I'm bleeding. To be honest, it's the only thing holding me back from buying another. Probably would have had another 2 by now, but don't want to be paying the SRO $15K every year! That's a massive hit. In order to purchase...