Join the Growing Ranks of Property Investors

Have you thought lately about how you can invest for your future?. Here is a recent article highlighting the growth in Australians investing in property through negative gearing:

Recent data released by the Australian Taxation Office (ATO) has revealed that one in seven Aussie taxpayers now owns an investment property, from which they are saving a total $4 billion in tax from negative gearing claims.

The data also proved that Australia’s long-time love affair with property is as strong as ever, with more than a
quarter of the nation’s 1.7 million landlords owning more than one investment property.

The statistics also showed that property investors claimed $20 billion in interest deductions, a not unexpected increase of 25%, given the official cash rate rose to a 14-year high of 7.25% in that time.

Australian Financial Review, 25 March 2010

For a  range of FREE articles on negative gearing and investment properties see this site ==> Negative Geared Investment Property - Explanations and calculators.

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