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I have been to my accountant to fill out next tax benefit form and everything works exactly how you said!
My fortnightly tax deduction since buying the property has nearly reduced by half and it looks like I will still get a good tax return, about $1,800!!! This means I will only pay about $4,000 tax for the whole year! In the mean time the property is growing in value.
This really works!!!!
Thanks a heap, I would never have been able to do this without The Investors Club. I am now ready to learn the next step in readiness for the purchase of the second property hopefully early 2007 if not before.
I am so pleased with myself to make the decision to go with The Investors Club and follow through with a commitment. From when I started being involved it was so easy, especially actioning the purchase from my home via the internet and phone around my already busy work schedule. The whole purchase was enjoyable with minimal stress experienced. All deadlines just fell into place.
There is no way I could have experienced the same smoothness if I actioned buying an investment property on my own means.
I am disappointed not to attend the Darwin workshop, I will be in the U.S.A. at this time on a wonderful holiday which I am so looking forward to experiencing. Anything is possible for me now. This has been a goal I have wanted to do for several years. I have always wanted to go to the Grand Canyon and I have finally actioned this! I have really ventured outside my comfort zone and it feels GREAT! I would have liked to meet Kevin Young and the agenda sounds really interesting. Never mind, I do endeavour attending Sydney next February.
I need to keep learning now.
Vicki Oliver
Club Member, Northern Territory, Australia
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