Don’t do what the rich are doing now..
..Do what they did to get there.”
The wealthiest man I know taught me that… Spoiler alert: He was kind of wrong!
Here’s what it means to you.
Most property incentives are distributed by the government by:
1) reducing your taxes.
2) using those tax dollars to get your next property investment.
The tax advice the rich use & you can too.
But, like Putin, is your accountant the villain here?
Threatening to nuke your future and that of your loved ones too?
For the typical Aussie, tax bills are the undisputed heavyweight champions.
Forget groceries and petrol prices.
Tax is CHOKING everyone.
Tens of thousands of dollars of your hard labour, just GONE.
The WRONG WAY of doing it
The old game plan? To fight back?
Just work harder and make more dough.
Brilliant, right?
Except..
Plot twist: the government comes and grabs even more of your hard-earned cash.
(Yeah – they could not manage my 5 year old’s piggy bank, so they get grabby with your money)
Unless..
You use this perfectly legal tax strategy:
One of clients is now going to be able to buy 3 properties mostly thanks to this.
**It’s called timing your super contributions
(instead of just contributing blindly.. or buy the random property investment or shares)**
As you can probably guess, any time you plan something ahead?
And put some expert thought into it, financially..?
Well, let’s just say things ALWAYS work out better.
Yes, when it comes to money?
It doesn’t pay to listen to “that guy I met at the pub”.
Or your friends.
As you know.
Instead, here’s how R-I-C-H people do it successfully:
The trick is simply that rich people plan ahead, a bit differently.
Using timing more effectively when they want their deductions.
Reducing taxes when it actually matters.
Most people will simply contribute to their super where and when they can.
Without a spreadsheet or a forecast. Or expert help.
They won’t use the right tax structure/trusts either.
You see, depending on when and how you contribute to your super – that can make a huge difference.
In the case of our client, we built his forecast with some nifty tax tactics.
The difference was then 2 more properties than he expected. FOR THE SAME OUTLAY!
First of all, why does the government reward super contributions so lavishly?
That’s because they need your money as they don’t want to pay for your pension.
Secondly, depending on what structure and timing you use, you unlock a range of LARGE tax deductions .
*Most are not even aware these large benefits exist.*
Just getting the right advice on super contributions & tax is powerful enough.
You can potentially own multiple properties.
Instead of just one measly property investment.
And you acquire other investments as well.
It doesn’t even cost that much
The tax structures/trusts you require are not that expensive either.
Compared to the hundreds of thousands in tax dollars that are saved.
All of this is on top of the massive advantages you are already aware of:
-Reduced tax rate of 15% (compared to 47% that you will pay)
-Deductions when contributing
-No 50% Capital Gains Tax either – under conditions that many are unaware of
-Compounded growth
-Insurance benefits
-Government co-contributions in some cases
-Financial security as funds are protected against creditors
-Investment flexibility as these funds are surprisingly flexible
Instead most are earning more only to pay more?
Welcome to the Tax Trap — that rich people know how to not fall for.
In fact, many now don’t. They simply have gun accountants that are experts at TIMING & Generating cash flow at the right times.
(Proof: in 2022 alone, there was over 1 million trusts – and growing)
Want to see how many properties the “timing” tax system can help you own?
Contact me on 1 – 800 – 672 – 670
Talk soon,
Darren Veerapa (Tax specialist)