Southern Gazette (Belmont) - - RESIDENTIAL -

On av­er­age, a home-owner in­vestor can own a prop­erty port­fo­lio worth more than $730,000. Home-owner in­vestors’ av­er­age tax-as­sess­able in­come is $82,000 com­pared to $31,000 among renters who do not own any prop­er­ties. The typ­i­cal neg­a­tively geared in­vestor is male, aged in his mid-to-late 40s, em­ployed full-time and has an av­er­age pre­tax in­come of $91,000. Pos­i­tively geared in­vestors tend to be evenly split be­tween males and fe­males and more likely to be older and re­tired. Source: AHURI: The in­come tax treat­ment of hous­ing as­sets: an as­sess­ment of pro­posed re­form ar­range­ments.

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