FULLY UPDATED 4th EDITION OF THIS BEST SELLER How to get the banks to say "YES" in the current tighter lending environment This book is an expert guide to financial freedom that reveals how some people work less, earn more, pay less tax and are more financially secure than others. Buy this book now as it is a must read for all Australian property investors because it explains how it's not how much money you make that matters, it's how hard that money works and how much you keep that counts. So now you can learn from Australia’s leading property, finance, tax and legal experts with decades of experience & knowledge you just won’t get anywhere else. This book has been written for both beginning and experienced investors. Together with Michael Yardney, who is Australia’s leading expert in wealth creation through property, property tax accountant and structuring specialist Ken Raiss and property lawyer and educator Rob Balanda, share their decades of experience and explain how sophisticated investors know how to use “the system” to their advantage. This is a “Plain English” guide to financial freedom that reveals how some people work less, earn more, pay less in taxes and are more financially secure than others. Most property investors never achieve financial independence, because they don’t understand how to use “the system.” This book is designed to help you treat your property investments as a business and take advantage of “the system” rather than having it work against you. Readers will be shown "What Every Property Investor needs to know about Finance, Tax and the Law". This book is written - people who want to work less, earn more, pay less tax and become financially secure - beginning investors who want to set things up correctly from the start - experienced investors who want to get to the next level by developing a property investment business - property investors who want to move to the next level by getting the right finance & the right structures to protect their assets from lawsuits, taxes & creditors ABOUT THE Michael Yardney is one of Australia's leading experts in wealth creation through property. He was voted once again voted Australia's leading property investment adviser, is one of Australia's most published property authors and has probably educated more successful property investors than anyone else in Australia. But he is not a theorist... Michael is a successful property investor and property developer and, as the founder of Metropole Property Strategists, his opinions as a property commentator are highly sought after and frequently quoted in the media. Ken Raiss is Australia’s leading property taxes structuring experts and director of Metropole Wealth Advisory. His areas of expertise include tax, structures, asset protection, business development, financial planning, and self managed super funds. In this fully updated version of this best selling book Michael and Ken Raiss help you discover how the rich build their property portfolios to maximize their revenue, safeguard their assets and keep more money in their bank account. Put simply...you'll be shown What Every Property Investor Needs To Know About Finance, Tax and the Law.
Very basic, the more useful parts are towards the end. Great if you still don't know what leveraging means. Has not been proofread well or at all and keeps referring to the investor's wife, which I found hilarious but others may find offensive. Literally assumes that as a successful investor you must have a wife that doesn't earn much, so you can reduce taxes by distributing income from trusts to her. A hoot!
Informative. You need to be very happy to have lots of debt, but inspiring outcomes. We need to think of retirement and inflation. He also argues Capital growth trumps Rental yield.
If you're an Australian investor looking to understand more about tax effective structures and how to most effectively manage your property portfolio this one is for you.
While it is quite long, there's grest value and tips on your tax, finance and legal structures.