13 | Q&A - Buy an Investment Property and Continue Renting OR Buy a Home?
The Property Couch
00:00
Do You Think the Tax Rules Around Negative Gearing Will Change in the Future?
A recent media story suggested that negative gearing through investment properties is a form of tax evasion and cost the economy over five billion in lost tax revenue per year. Do I think it's going to change? No, I don't think it is because we've probably got over 2 million property investors out there now. And those 2 million voters want a surety around how they're investing their money. So if you're listening from the ATO or ASIC tell me how much people who have positively geared portfolios are paying taxes. Dan: You should definitely consider the rent and grow rich model if it works for you in your circumstances.
Transcript
Play full episode
