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moneyback

944 Posts.

13/07/18

06:52

Post #: 34315479
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Originally posted by makingmoneystill ↑

No, i paid no land tax in NSW, one rental property,

Land tax is when you have 6 properties or more, can someone else confirm,

Yes I did make a profit, $70 k to be exact,

It's not much over ten years, but a profit is a profit,

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Land tax is threshold based. I think the threshold in nsw is 600k or so.
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