Surprise move by investor with 35 homes
Sydney resident Bharat Patel has 32 properties in his property portfolio and he definitely doesn’t want changes to negative gearing. “Negative gearing is the only vehicle for that sort of tax relief, and there will be no incentive to buy these properties without it,” he told The Daily Telegraph
Dad’s simple bank, tax tricks net him $390k a year
Migrant gets $7.3m from simple tax trick – Realestate.com.au
The Courier Mail
Loophole migrant IT guy and childcare worker used to get 30 homes worth $11m
The Courier Mail
Daily Telegraph
Couriermail.com.au
Realestate.com.au
An investor says he’s had to raise rent on 12 of his QLD properties to cope with rising costs, with the highest jumping by $140 a week.
News.com.au
A Western Sydney couple are eyeing off early retirement after buying 20 properties across two different states worth a total of $7.5m.