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• It is
well known that those who have invested in property wisely
have reaped significant capital gains. What is not as well
known is that there is a skill in knowing what to buy and
when to buy.
• There
are many many examples of successful investments. Take, for
example, the house in Balmoral that more than doubled in
price every seven years selling for 1.94 million in 1992
and again for 5.8 million in 2004 that’s a gain of over 14%
a year, or the unit in Bondi that sold for $370,000 in 2007
and for $570,000 in 2009. That’s a gain of 54% in only two
years!
• Not
only do wise investments yield good capital gain results
but the tax benefits make the results even more appealing.
Only one half of the gain on properties held for more than
one year gets taxed. In addition, while you own the
property you are able to deduct all expenses incurred in
holding that property against your income.
• To let
us help you find the right investment property
click here
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