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Tea Tree
Explained with Dom
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Comments by "Tea Tree" (@teatree6228) on "Explained with Dom" channel.
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@Asia-dr4yj capital gains is what investment is all about With no gsins- why buy an investment property to rent out The problem is the astronomical land taxes- escalated 150% yearly- rentals do not cover land taxes
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You do not know the real reasons- TAX LAND taxes- biggest cause of high rentals
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@FirstLastOne wrong - the state land taxes have skyrocketed 150% and there is $975 surcharge on each propetty called covid taxxas well
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Taxes are high and increasiny
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@shamicentertainment1262 mo investments- no rentals available No one will buy an investment and not expect at least some growth or some net income With astronomical increases in land tax- there is no rental net income and you hope to get some growth- but these days there is limited growth left- maxed out Remember no one invest in houses for rental if no growth and no net income Unless it is free social housing
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@allong4709 no investors- means fewer rentals available Only social housing in flats
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Tax to death
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