Creating wealth through negatively gearing an investment property is a well established practice, with approximately 30% residential properties owned by investors.
It only works when you have a combination of the right property in the right location, the correct tax advice and ownership structure, plus the most suitable loan.
Buying an investment property is a business decision that needs to be made from the head - not the heart.
In business, 'failing to prepare is preparing to fail', which is why your property purchase needs to be thoroughly researched, carefully planned and most importantly, financially sound.
As accountants we are here to guide you through the process and help evaluate the financial soundness of the strategy taking into account your objectives and taxation position. We work with you to develop tax effective strategies that will help secure your financial future.
Some key principals: