ATO Data on IP Ownership - The Truth

Discussion in 'Property Market Economics' started by kitdoctor, 6th Mar, 2019.

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  1. Paul@PAS

    Paul@PAS Tax, Accounting + SMSF + All things Property Tax Business Plus Member

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    Correct. Often shown as a single property. We see this GFs, duplexes, townhouses/ villas and even multi units in a block. eg Units 1-3 24 Smith Street. And Airbnb income is another quandry that skews some data. Then throw in trusts, companies, SMSFs and even managed trusts like Domacom and its a curve ball.

    ATO data isnt perfect. But when comapring on a timeline it can indicate some good data trends. The cause and effect issues may be misleading too eg - How much of the neg gearing was due to non-cashflow deductions ?? Is it rising or falling at the same rates as rents ?
     
    craigc and qak like this.
  2. KinG3o0o

    KinG3o0o Well-Known Member

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    but financial analyst believe in something called opportunity cost,
    that's the whole argument for using current market value to calculate yield.

    while in property u have stuff like stamp duty, other countries / assets do not have them.!