物业投资者中秋聚会

Bro Oscar,

Mortgage interest is 4.xx% and rental yield is about 4%, so there will be slightly negative cashflow. Rental income is taxable, so are capital gains. These income/gains are counted as your income in a financial year but mortgage interests paid are tax deductible. Australian tax is a tier system and the rates are:

• < 18K       0%

• 18K-37K  19%

• 37k-80k   32%

• 80-180k   37%

• > 180k      47%

I am not a tax expert but I know depreciation is deductible. 

I actually don’t care much about the capital gain tax. This perhaps goes back to the question of ‘investor’ or ‘speculator’. As a long term investor, I don’t plan to sell it but this doesn’t mean the money will be locked in forever, you can always top it up and reinvest instead of selling it.

Bro Oscar,

Sydney in Australia is like Shanghai in China and the fact proved that Sydney have achieved the most growth among other cities in Australia since I put money in. There is also some personal reason which I shouldn’t talk much here. As for the mortgage, Australian banks recognize your income in Hong Kong as well, there is no so called ‘stress test’.