Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Thanks Terry i am learning from all this.
So, did your working base on the figures i gave you? If so, the LMI part assumed by you is 5000, is that right?
Finally, what is this 50% discount that you have applied?
Terry i was told that, any tax returns can be claimed with my fortnightly wages instead of waiting for 1 year until tax returns are done.
How can this arrangement made?
Terry i was told that, any tax returns can be claimed with my fortnightly wages instead of waiting for 1 year until tax returns are done.
How can this arrangement made?
Terry i was told that, any tax returns can be claimed with my fortnightly wages instead of waiting for 1 year until tax returns are done.
How can this arrangement made?
Actually, i did an estimation of tax returns with my accountant. The difference in the tax return between having and not having an investment home worked out to be less by $4000.
Although i am taxed 4k less, the expenses that i would have met out of my pocket ( as interest, rates, water, property management etc) would add up to $4k. So what is the actual benefit of having an investment. For me it looks you spend upfront and claim end of year.
Any thoughts on this?
Actually, i did an estimation of tax returns with my accountant. The difference in the tax return between having and not having an investment home worked out to be less by $4000.
Although i am taxed 4k less, the expenses that i would have met out of my pocket ( as interest, rates, water, property management etc) would add up to $4k. So what is the actual benefit of having an investment. For me it looks you spend upfront and claim end of year.
Any thoughts on this?
By the way this is a bit different question.
I will be travelling to Melbourne from tasmania to inspect my investment home . This is my first visit after i purchase (2 weeks only).
I will fly to Melbourne friday night , hire a car, stay in hotel the friday night. Go to property next day. Then stay in my sisters home till sunday morning , return car sunday and for fly back to tasmania same day.
Which part can i claim here.