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Yes, from later posts, I now realise that in WA, land tax obviously is waaaay higher than in Queensland. Do you dispute now that his property is not exactly "normal" resi that is rented out, and perhaps should not be used as a reason for people to avoid resi? I cannot believe he still has...

We are enjoying "semi-retirement". Hubby is busy fixing fences, doors, anything..... for anyone who mentions they have something to be fixed. He is working with my brother one or two days a week, chopping down trees and doing landscaping things. He loves the physical aspect and it keeps him...

So tell me jaycee..... did you NOT consider the figures he was quoting to be rather excessive ($8,200 land tax on one rental house to be taken from the gross rent, leaving a pittance)? Lets make that figure, oh.... lets call it $15K per annum for that one rental house. How do the figures look...

I care when figures used to try to prove how crap the returns on one investment house are so far from "normal" that they just don't relate to "normal". And if you think I am nit-picking, so be it :p. My investments are feeding us right now. I consider them to be rather fantastic. Oh.... and...

I'd be curious if anybody on here has land tax for ONE rental property or $8,200 per annum. Happy to be wrong, with figures from someone else who doesn't have the same barrow to push as you Dazz. Heck, maybe WA land tax is triple the rest of the country. And.... if I am wrong, and someone in...

I'm glad someone else noticed the $8,200 Land Tax in the figures. How about some more realistic figures!!

I assumed it is month to month too, and the tenant really just has to move. The scenario I mentioned above involved a seller paying a tenant $10K to move before the fixed lease was up. These tenants are now in a similar position, with a second house being sold whilst they are on a fixed lease...

We know of some tenants who were offered $10K to move before the lease was up (in Queensland the lease cannot be broken by the landlord). Must have been a "vacant possession or no sale" situation to be worth that sort of incentive to the tenant.