Ken Raiss is director of Metropole Wealth Advisory and gives independent expert advice for property investors, professionals and business owners. He is passionate about real estate investing and small business and is a regular commentator for Michael Yardney's Property Update.
Capital Gains Tax or CGT is one of those taxes no one really wants to pay
Investing in property with your super has been extremely popular over the past few years, hasn't it?
Then you better understand this
If you use your own car for work purposes, you could be eligible to claim a tax deduction for car expenses, whether you own your car outright, are leasing it or paying it off
With higher property prices, many people also want to help their children financially so they can buy their first home or property investment.
Sophisticated investors understand their portfolios are the equivalent of income-producing businesses and wealth creation vehicles.
When the market seems a bit so-so, many investors start to consider how they can increase property values and their wealth independently.
CASE STUDY: I recently helped a client, Greg, who owned a successful construction business. While lawyers had never darkened his door, he was still concerned about protecting his assets if one day they unfortunately did.
With the many new taxes and policy changes that Labor will implement if they win the May 18th Federal Election, they will tax your income, your home, your superannuation and your savings.
Trying to get your head around Capital Gains Tax (CGT) can sometimes be like attempting to learn a new language.
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