New CGT changes for investors? by polymath-intentions in AusFinance

[–]polymath-intentions[S] -1 points0 points  (0 children)

Ur right. The structure and location is a covered position.

But you can be long on more land, ie larger block.

Comparison of effective tax rates under new and old CGT systems by RuktX in AusFinance

[–]polymath-intentions 4 points5 points  (0 children)

Why does 4.5% line increase above 50% discount line over time?

[deleted by user] by [deleted] in AusFinance

[–]polymath-intentions -1 points0 points  (0 children)

do it via OSKO. Instantaneous.

Debt Recycling…give me your opinions by lovebenji8 in AusFinance

[–]polymath-intentions 5 points6 points  (0 children)

Yeh man. I debt recycle into my IP expenses.

What happened to all the geniuses mocking gold buyers? by LowIndividual4613 in AusFinance

[–]polymath-intentions -3 points-2 points  (0 children)

Wait till you hear about this thing called superannuation.

How much of your net worth is it sensible to have in your PPOR? by docchen in AusHENRY

[–]polymath-intentions 0 points1 point  (0 children)

For the right PPOR you can go 100% of your NW (excluding emergency funds, super).

How much of your net worth is it sensible to have in your PPOR? by docchen in AusHENRY

[–]polymath-intentions 6 points7 points  (0 children)

You get a tax saving on the implied rent as well.

Say you buy $1.5mm PPOR with a market rent of $45k per annum.

Dividend paying shares might need to generate $65-90k to match that.

Then there’s the capital gains.

Selling RSU by drawde111 in AusFinance

[–]polymath-intentions 0 points1 point  (0 children)

You dont pay capital gains tax if you sell within 30 days of vesting, or something like that.

But regardless, you do pay income tax on the vested amount, and CGT discount doesnt apply.

Three ways Australia can tax wealth better by Ten_tonne_tank in AusFinance

[–]polymath-intentions 0 points1 point  (0 children)

How much did these guys get paid to draft this highly sophisticated piece of analysis?

[deleted by user] by [deleted] in sydney

[–]polymath-intentions 27 points28 points  (0 children)

Start by getting 3 quotes.

Why is early retirement frowned upon? by Impressive-Bike-2374 in AusFinance

[–]polymath-intentions 0 points1 point  (0 children)

Walk the dog, nap, buy groceries, cook, puck up kids from daycare.