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How do I combine my
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Pros: |
Property
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Property Type |
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Property Type High Cashflow maybe Lower Growth |
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Business Pros: Cons: |
Profits from Business invested in Sharemarket Profits from Sharemarket invested in Business Profits & Cashflow from Business & Sharemarket invested in Property |
Sharemarket Pros: Cons: |
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The reason you should own a Business
(Property or anything else)
In a Job, the
first thing you do is pay tax,
then you get to spend what's left on paying your
Expenses.
With a Business,
First you pay your Expenses
then pay tax on what is left.
This makes a Big Difference to your income.
| Job Income | Business | ||
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Generate Income | Generate Income |
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| Personal Expenses | |||
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Pay Private Mortgage or Rent |
Pay Business Mortgage Lease or Rent |
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Pay Bills Power, Phone Travel Expenses |
Pay Business Bills Power, Phone, Office Travel Expenses |
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Maintenance |
Maintenance |
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Improvements New vehicle Renovations |
Improvements New vehicle Renovations |
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Food etc |
Business related activities Meeting venues |
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| Pay Tax |
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| Personal Expenses | |||
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Lifestyle Activities |
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Pay Private Mortgage or Rent |
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| Pay remaining Private Expenses | |||
Are You missing the
?