Dear all,
Just as an aside to all the threads about land tax. Considering the impact it now has on cashflow is anyone thinking about changing their investment strategies to compensate for this tax? It would be highly unlikely that any state govt will increase thresholds or reduce the scales by very much, and as such it looks as if it is something we will all now have to live with.
I am interested in hearing if anyone is considering changing their investment strategy, and what changes/alterations you are thinking of.
Maybe those who invested in property when negative gearing was scrapped might have some insights for us newbies who now have to deal with goalposts being shifted left, right and centre.
Cheers
Nat
Just as an aside to all the threads about land tax. Considering the impact it now has on cashflow is anyone thinking about changing their investment strategies to compensate for this tax? It would be highly unlikely that any state govt will increase thresholds or reduce the scales by very much, and as such it looks as if it is something we will all now have to live with.
I am interested in hearing if anyone is considering changing their investment strategy, and what changes/alterations you are thinking of.
Maybe those who invested in property when negative gearing was scrapped might have some insights for us newbies who now have to deal with goalposts being shifted left, right and centre.
Cheers
Nat