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From: Eric Snow
Robert,
I believe you are forgetting dividend imputation. Your rental returns are fully taxed. Your share dividends, in many cases already have the company rate of tax paid on them. A million dollar share portfolio paying dividends at 5% would provided a nice $50,000 income, more than enough for most people. You don't need millions invested.
My this is an enjoyable discussion.
Robert,
I believe you are forgetting dividend imputation. Your rental returns are fully taxed. Your share dividends, in many cases already have the company rate of tax paid on them. A million dollar share portfolio paying dividends at 5% would provided a nice $50,000 income, more than enough for most people. You don't need millions invested.
My this is an enjoyable discussion.
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