How Australian Homeowners are Leveraging Tax Laws to Redirect Up to 50% of Their Tax Dollars into Paying Down Their Homes in 7-10 Years.
From: Property Finance Report
Thousands of financially savvy homeowners are leveraging Government tax incentives to reduce their tax, and redirect it back into their home loan, allowing them to pay off their mortgage in under 10 years.
Only 5% of Australians have stopped to think about what I’m about to say, even less take action.
According to the ATO, Australians that earn $120,000 p.a. are taxed $31,897 each year!
Roughly just over a quarter of their yearly income straight into the ATO’s bottomless pockets.
In 10 years that will be $318,970, and over 20 years this will be a whopping $637,940 in tax.
Anyone would agree that's a lot of money, and certainly better in our pockets than theirs.
Think about it this way - imagine working for the tax office for free, 3 months of the year... every year.
Not ideal... right?
The good news is - there is a solution for Australian Homeowners, where they can legally pay up to 50% less tax than they normally would.
Structured the right way, when these tax incentives are tailored to your personal situation you can accelerate your wealth and pay off your mortgage in as little as 7-10 years.
James Whitfield | Editor
Most homeowners aren't even aware this strategy exists until they hit retirement.
By then it's too late.
But hope is not lost... you see, the government has designed these incentives to be used by ALL Australians, not just the select 'elite' few. The government knows with proper wealth management, Australians can get out of debt faster, build more wealth, and start to accumulate more assets that can be funded by these very same tax programs. Ultimately these incentives help reduce the load on age pension & seniors welfare programs.
It’s unfortunate, the same situation appears to play out time and time again, lack of extra funds at the end of the month, unforseen bills and expenses, all minor 'blips' that stop Australians from upgrading their homes, or purchasing that new car.
Have you ever wondered why the rich seem to be getting richer?
While many people are stressing about not having enough money for retirement, or being able to leave anything for their children. The rich are using the tax incentives available to all Australians.
Remember there aren't two different systems for the elite & the average taxpayer. There’s simply those who use it, and those that don't.
The good news is, you’ve got access to the exact same opportunities & ATO tax incentives.
Where Aussie Homeowners can pay up to 50% less tax, through Australian Tax Incentives?
Property Finance Report has put together a 60 second quiz to let Australians know if they qualify to save up to 50% of their income tax, which can be used to pay down mortgage debt.
Here's How You Do It:
Step 1: Select your State below.
Step 2: Answer a few questions to see if you qualify to save up to 50% of your income tax.
These tax savings can be used to pay off homes in as little as 7-10 years, NOT 25+ years.
With a bit of breathing room in play, the Government hopes Australians will use these strategies to leverage their income tax and put it towards building an impressive property portfolio, or to free themselves of suffocating levels of debt.
Now it’s your turn.
In order for Property Finance Report's strategies to work, homeowners should have a combined household income of at least $120,000 and own a home with a LVR (Loan-to-Value Ratio) of less than 80%, get started today by heading over to the Property Finance Report website to check qualification.
Select your State to check if you can save on income tax:
"Over 1.3 Million Australia’s enjoy the benefits of these tax savings – this number is increasing year over year, now is the BEST time to take advantage of these programs before they're gone.
Most of them are normal everyday people — not just the wealthy elite...
Property Finance Report is committed to helping Australians get the taxman off their backs so they can start redirecting their tax payments towards debt reductions strategies, which in turn, can potentially lead to faster wealth building...
Being able to throw away those “leg-chains” once Australians pay off their mortgages faster than they ever dreamed.
Yes, all this is entirely possible. It's an Australian Government Tax Incentive after all. There's one small catch, not everyone qualifies.
Australian homeowners looking to see if they qualify for these programs can complete the Property Finance Report Quiz to see if they qualify to save up to 50% of their income tax through these tax incentives, which can then be used to pay down debt, including mortgage debt..