✅ How can I increase my wealth with the property? ✅ Which property is best for investment? ✅ Is having an investment property worth it? ✅ How much deposit do I need for an investment property in Australia? ✅ What are the tax benefits of an investment property? *In this "Money and Investing" show, Andrew Baxter and co-host Mitch Olarenshaw talk about the wealth creation strategies with investment property In Australia.*
💻🎧📝 This episode will benefit people, who start their journey to learn how to manage their money and accumulate wealth.
00:00 Intro
01:33 What are the objectives of owning an investment property?
03:40 How do negative and positive gearing work?
04:04 What is negative gearing property?
07:45 What is positively geared property?
10:25 The investment property types
12:48 Buying off the plan
15:45 Commercial property
17:20 Renovations
21:40 Development
23:14 What are other considerations with all of this (CGT, tax, time, etc.)?
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