Thousands of financially savvy homeowners are waking up and leveraging Government tax incentives to reduce their tax. With these tax savings they are redirect it back into their home loan, enabling them to pay off their mortgage in 7-10 years. Sometimes less.
Only 5% of Australians have stopped to think about what I’m about to say, and even less take action. Those 5% are some of the wealthiest in our country – the rest remain slaves to the system, oblivious and complaining about not getting ahead.
According to the ATO, Australians that earn $120,000 p.a. are taxed $31,897 each year!
Roughly just over a quarter of their yearly income straight into the ATO’s bottomless pockets.
In 10 years that will be $318,970, and over 20 years this will be a whopping $637,940 in tax.
Anyone would agree that's a lot of money, and certainly better in our pockets than theirs.
Think about it this way - imagine working for the tax office for free, 3 months of the year... every year.
Sickening to think about...right?
The good news is - there is a solution for smart and proactive Australian Homeowners, where they can legally pay up to 50% less tax than they normally would.
Structured the right way, when these tax incentives are tailored to your personal situation you can accelerate your wealth and pay off your mortgage in as little as 7-10 years.
Most high-net worth individuals do this, including politicians! Unfortunately, most working Aussie homeowners aren't even aware this strategy exists.
The government has designed these incentives to be used by ALL Australians, not just the select 'wealthy elite'. The government knows with proper wealth management, Australians can get out of debt faster, build more wealth, and start to accumulate more assets that can be funded by these very same tax programs.
Ultimately these incentives help you become independently wealthy and less reliant on the pension.
Have you ever wondered why the rich seem to be getting richer?
Or when you hear about wealthy people paying no tax? This is not a scam. They are leveraging existing tax law, legally, and you can and should be too!
While many people are stressing about not having enough money for retirement, or being able to leave anything for their children. The rich are using the tax incentives available to all Australians.
Remember there aren't two different systems for the wealthy and the rest of us… Just those who take advantage of this and those who don’t.
The good news is, you can access this strategy and implement it now.
In this economy you need to think and acti differently. Its not about costs coming down or your wage going up – although those would be good things – it could be just thinking differently and using your tax dollars to get ahead!
We have put together a 60 second quiz to let Australians know if they qualify to save up to 50% of their income tax, which can be used to pay down mortgage debt.
Here's How You Do It:
Step 1: Select your State below.
Step 2: Answer a few questions to see if you qualify to save up to 50% of your income tax.
These tax savings can be used to pay off homes in as little as 7-10 years, NOT 25+ years.
Record numbers of Australians are using these strategies to leverage their income tax and put it towards building a property portfolio that create financial freedom and eliminate debt.
Now it’s your turn.
In order for Easy Property Investor's strategies to work, homeowners should have a combined household income of at least $120,000 and own a home with a LVR (Loan-to-Value Ratio) of less than 80%, get started today by heading over to the Easy Property Investor to check qualification.
Select your State to check if you can save on income tax:
"Over 1.5 million Australians are already taking advantage of these tax-saving opportunities - and the number is rising every year. Many are choosing to act now because there is chatter in Government circles that this could change and you’ll miss out."
Easy Property Investor is committed to helping Australians reduce their debt and build lifestyles that enable freedom.
This is possible for you. It is an Australian Government Tax Incentive after all. There's one small catch, not everyone qualifies.
Australian homeowners looking to see if they qualify for these programs can complete the Easy Property Investor Quiz now.