Added: 3 years ago
From: KnowledgeCentreTV
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  • This takes into account the benefits of Negative Gearing, but what about the cost of Capital Gains Tax?

  • I am unable to understand where does the tax return come from when you rent the property. How come this refund is not given when you live in the property by yourself?

    Can you please help me understand this?

  • Where is this tax refund coming from?!?

  • Is your rent paid ($400 p/w) not counted for the home side? After all, you don't need to rent as you have the house to live in...

  • Commercial property is better :)

  • What to do if you're a first home buyer in Australia? Govt gives us a cash incentive and also can avoid stamp duty for properties below 500k ( I believe)....

  • Hmmm...I don't think it could be true in Korea...There, buying a home does not mean debt increase. It's more like preparing a safety net for you and your family - suppose you lose your shirt unexpectedly, and you have nowhere to go. Of course, I agree you'd be better off spending the least money on your home, and socking away the rest in financial instruments.

  • At the moment it's better to buy a property in the UK cheap and let it out. And you can guarantee your rent from only £52.50 for 6 months at LandlordsandLetting.

  • what benefits does a first time home buyer get?

  • Thanks for the tip. I had exactly the same question and am in similar situation.

  • Thanks for the feedback , glad you liked the video. Would you mind rating it for us?

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