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Podcast: Keep The Change
Episode: Money Mail 61 - $186,000 Profit From A House In One Year
Description: We look at how a rental property made more than 98% Kiwis in one year and no one has even lived in it yet. Crazy right. Then we dive into the tax on this for the owner and how they might legally avoid it by borrowing against it over time. A VERY informative lesson.Hey thanks for listening! Please take some form of action from this content, don’t just be a consumer, become a producer! Make sure you’re subscribed to Money Mail via Keepthechange.co.nz to receive our weekly lesson on money and financial literacy. Stay clos...