Latest / The PROPERTY DOCTORS, Sydney Australia Novak Properties
EP. 1401 GORILLA TAX PRESSURE: SQUEEZING TENANTS OUT
Bracket creep may be the most significant challenge facing property investors today, yet it's flying under the radar for many seasoned property owners. This eye-opening discussion reveals how the NSW government's decision to freeze land tax thresholds until 2027 is creating a "gorilla squeeze" on property investors that will reshape the entire investment landscape.The numbers are staggering. A single $2 million investment property could incur $15,000 in annual land tax, while adding a second property might mean paying $25,000-$30,000 more per year just for the privilege of providing rental…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.