Hello, I have posted my rant on other thread about Land Tax and Absentee tax in QLD. I am in dire straits over a poor investment decision - buying an investment property in QLD as a self funded medically retired retiree who stays a lot of the time overseas to save on costs of living. A lump sum to see me through until my hopefully early death - as I will run out the way it is going. Rental income stream is my main income source that nets me equivalent of a pension style income, without my own place to stay in. I exceed thresholds for benefits of course and so staying in a developing country on tourist visas helps me survive. I just cannot do it in Oz. I have no place I can live in Australia now. My property investment was a 'cost blow out' due to massive repairs needed before I rented it. Land tax at corporate rate, reduced threshold and absentee tax added, plus the increasing taxes as year on year land valuations increase the amounts - will make this investment untenable. But capital gains will not grow fast enough it seems to get out while I can. I am set for massive losses. I do not know what to do. That's my story.