How to Pay Zero Tax on Property Profits #shorts

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If you were ever wondering if you had to sell a property in order to make money, the answer is "no". And for Chris Gray from Your Empire, he asks "why would you?"

If you sell a property, you pay Capital Gains Tax on the profits, however if you go to a bank and refinance, they release the equity in the property and you pay no tax on that at all.

Sure, you will need to pay interest on that money, though if the property is growing at a consistent rate, the property growth will far outweigh the increased repayments and you'll continue to make money on money.

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For more content, chat and property tips, be sure to find me:

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There's also a stack more free content and tips around buying and selling property on the Your Empire blog:
https://www.yourempire.com.au/blog
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Your Empire is a property buyer's agency that helps time-poor professional decision makers find and negotiate blue chip homes and investments, in blue chip locations, at bank valuation prices.

Want to talk? Book a free confidential 15 minute chat now: https://www.yourempire.com.au/contact-us

On this channel, let one of Australia's leading property investment experts, Chris Gray, guide you through the murky waters of purchasing your next investment property or family home.

Get timeless tricks, tips and real life examples of what Chris and Your Empire look for in a property, where they find them and how to negotiate the right price, every time.

Remember, you can also download a copy of Chris Gray's "Effortless Empire" book for free at:
https://www.yourempire.com.au/get-effortless-empire
It's the perfect place to get started.

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Never used a buyer's agent? Here's what you should know...

A good buyer's agent does all the work searching for and viewing properties, getting reports and inspections (strata, building, pest, etc), obtaining a valuation and securing a fair price.

In many cases, selling agents come directly to buyer's agents with off-market properties because they are keen for a quick sale with someone they know and have dealt with before.

To use a buyer's agent, you first sign a contract to use their services and pay a deposit, then a 2% fee on the purchase price.

Why?

The buyer's agent can leverage decades of skills and experience to find the right property at the right price, which is often considerably lower than what an inexperienced buyer could negotiate.

A good buyer's agent also helps navigate every issue involved in the purchase of the property, so you can concentrate on what you do best instead.

Don't put yourself through the stress of trying to find properties that are rejected off-market, only to go head to head bidding against others who are willing to overpay on emotion. Get an expert on your side.

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Want to talk? Book a free confidential 15 minute chat now:
►►► https://www.yourempire.com.au/contact-us

Видео How to Pay Zero Tax on Property Profits #shorts канала Your Empire