
There's a strange thing that happens to many property investors. They'll spend hours worrying about tax, negative gearing, capital gains tax, trusts, land tax, and what the next government might change - yet they'll give far less thought to the quality of the asset they're buying, the level of debt they're taking on, or whether their portfolio is actually going to deliver the long-term returns they need. And that's dangerous, because saving tax on a poor investment is still a poor investment. In today's show I chat with independent financial adviser Stuart Wemyss about why investors who obsess over tax often miss the bigger picture. Now, let me be clear…tax matters. Structures matters. Getting advice matters. But tax is only one input into your investment system, and for many investors it's not the most important one. In fact, the drive to minimise tax can sometimes lead to decisions that cost far more than the tax they were trying to save. <span lang="EN-US" style= "font-size: 14.0pt; f
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