From: Marc Krisjanous
Hi all,
I have been reading a book by Rory J. O'Rourke. This guy has stated that he can reduce your tax down to 2% of gross earnings. I can't understand all of the process as he does not mention it in detail but he uses tax variation and prepayment of interest for IP. Plus he loves negative gearing!!
Is this guy for real? I am a beginner at investment but this seems to good to be true. Does this strategy work? If so is there any book or link which provides info in detail? He does not mention when you need to get this into place, and what exactly you need to do.
What about this guy? Any comments?
Best Regards
Marc
Hi all,
I have been reading a book by Rory J. O'Rourke. This guy has stated that he can reduce your tax down to 2% of gross earnings. I can't understand all of the process as he does not mention it in detail but he uses tax variation and prepayment of interest for IP. Plus he loves negative gearing!!
Is this guy for real? I am a beginner at investment but this seems to good to be true. Does this strategy work? If so is there any book or link which provides info in detail? He does not mention when you need to get this into place, and what exactly you need to do.
What about this guy? Any comments?
Best Regards
Marc
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