Grays Property Anatomy - 11 Dec 2020
Louis Chrisopher, Harry Boghossian, Chris Gray
Most people dislike paying tax and will do whatever they can to minimise the amount they pay to the ATO. They’ll often say, “My accountant is great! He’s cheap and I hardly pay any tax.” While this is completely understandable and makes sense, Chris is a contrarian property investor and suggests you might actually want the opposite. In tonight’s show, he shares some reasons you may not want to to minimise your tax afterall.
Stamp Duty has been a bug bear of many a property buyer and as property prices rise and become more unaffordable, so does stamp duty. In the recent NSW budget announcement, there are proposals to consider replacing it with a new property tax. Joining Chris tonight to share his insight into what this could mean for you, is Harry Boghossian from Page Harrison & Co.
And finally, 2020 has been a tough year for many people around the world. For those with an interest in property, we were looking down the barrel of a potential 30% drop in property prices. Luckily, that didn’t happen and there could be a cloud with a silver lining just round the corner. Joining Chris tonight with the promising findings from his Housing Boom & Bust Report 2021 is Louis Christopher, Founder of SQM Research.
11 December, 2020
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