Tax office data for 2021-22 ranked general managers, teachers and chief executives as the largest groups of property investors, with registered nurses fourth and police ahead of general practitioners. Fewer than half of the nation’s investors claimed a rental loss, although nurses and police were among the heaviest users of the concession. Commentators said Victorian land tax rises and minimum standards costs were hitting modestly paid landlords hardest.
Reported by
Nathan Mawby, realestate.com.au, 19 October 2024
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