“We use $200,000 to pay down the home loan… then we take out a $200,000 loan and use that to invest… that $200,000 loan becomes tax deductible”
AG
Aidan Gullman
Financial Autonomy ·
Claire Murphy · The Solo Bureau · Wood Denied Bail, A Former Prince's Court Win & A Controversial Coin
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Noted that the Tasmanian government pays $175,000 to LK Group for arena use versus $200,000 market rate
$175,000 paid, $200,000 market rate
“We use $200,000 to pay down the home loan… then we take out a $200,000 loan and use that to invest… that $200,000 loan becomes tax deductible”
“$10,000 invested at the time of BWW's IPO in 2003 would now be worth $175,000, a rate of return no one can argue with.”
“It's so much easier to get somebody to pay you $1,000 one time when they don't yet trust you versus $2,000-$2,500 a month”
“They’ll be sending 50 kits a month… had 126 orders… subsidy is $175,000 USD… in Australia it costs $150,000 AUD to convert a truck.”
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