Learning a Few Simple, but Effective and Legal Tax Strategies, Can Ensure You Do Not Pay Unnecessary Tax.
Because an Australian Property Investment may well be an important asset in your portfolio, purchasing it is probably one of the major decisions in your life. Therefore, it is imperative that you protect and capitalise on this very important investment.
This investment can affect your financial future. Structured correctly, it can be a revenue producing, capital increasing investment.
You want to avoid being taxed unnecessarily or even worse, losing legitimate profits through basic, incorrect structuring.
To better understand the property tax regulations in Australia, especially as it relates to overseas investors (which is significantly different to the regulations if you live in Australia), there are many valuable tips that you should know about in order to reduce (or eliminate) your taxes.
For example, one tip is that paper losses (that is, losses on paper as opposed to cash-flow losses) can be quarantined and carried forward to be used by you against your personal tax in the future, or upon your return to Australia.
This enables many expats and new migrants to live tax free on arrival in Australia for a period of time!
The amount of time you have held the investment is another determining factor as to how you will approach the way you finance and structure your investment taxes.
Find out everything you need to know about avoiding tax mistakes from the FREE report entitled "The Overseas Property Investors Guide to Tax Free Investing", that will help you structure and purchase your investment property for maximum gains without losing most of your hard-earned profit to the tax man.
