Recently, I’ve been asked by a lot of people about how to better manage the cashflow in terms of before and after tax situation. In particular, it’s in relation to government tax rebate at the end of financial year.
The most frequent question I get asked is:
“If my property is running at a loss before tax, I understand I can claim the loss at the end of financial year and therefore get a big pay check from the government. But that means I still need to carry the loss each month before the end of year. Is there a way to bring the loss forward on a monthly basis so that my serviceability can be improved?”
The answer is Yes. And I decided to shoot a quick video to explain how you can do that. It’s a little trick but it’s powerful if you use it correctly.
Not only you can potentially turn a negative cashflow property into positive one but you might also be able to smash off several years of interest payment.
If you have any further questions around the topic of before and after tax cashflow, feel free to email my team at email@example.com. Happy to help you out.
Oh, by the way, did I tell you we’ve submitted the plan to the Council for our next townhouse project in Cheltenham. It has one of the best locations in the area. (Buddy, We are talking about 5 minutes drive to Westfield & Beach, walking distance to the train station, and is surrounded by schools and 4 golf courses). And more importantly, the price point will again be below the market.
Anyway, we are starting to accept EOIs for the project. Only $1,000 reservation fee will lock in right to purchase as well as today’s market price. And $1,000 is fully refundable under all circumstances.
If you want to know more info on this project, please send an email to firstname.lastname@example.org and we’ll brief you the details.