Land tax

Of all the costs associated with owning an investment property, land tax is easily one of the most overlooked. In fact, it is likely that many investors with smaller portfolios would not know anything about this potential expense. There would also be some who know what land tax is but assume it will never apply to them. To help address this, we want to take a closer look at how land tax works. We will explore why it is such an important consideration for you as an investor, particularly as your portfolio grows. We will also share some of the strategies successful investors use to manage their land tax obligations.