What do you mean using TAX to pay for the house?

One of the fundamentals of the Lunch Money model is purchasing properties that maximise your ability to reduce your taxable income via associated tax deductions. This effectively increases you’re after tax income and assists you to service the borrowings.

(If you do not currently pay very much tax the impact of the model may be diluted, however it is impossible to know to what extent without addressing your specific scenario– which we do in the Lunch Money Education Program)
It is possible to benefit from tax deductions not just at the end of the tax year but throughout the year by using what is known as a Tax Variation.

More detail on this subject requires a qualified professional – as part of the program these types of question can be answered by our network of third party professionals.

You may find this Blog Post of interest:

http://lifecorp.com.au/lunch-money-property-investing-step-2-protect-your-pocket/

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