What are the benefits of property investment?
Income is more predicable than other investment markets. A roof over one’s head is a basic need in Maslow’s Hierarchy.
Rental income is paid regularly.
On average property doubles every 7.3 years thereby increasing your chances of wealth.
Depreciation can reduce your taxable income allowing you to receive some taxes back.
Expenses incurred in holding an investment property are tax deductible
If you are in negative gearing territory (please don’t buy an investment property to have negative gearing), you can do a PAYG withholding variation application with the ATO to boost your cash flow.
Solid planning can help you achieve a 6 figure passive income.