Accounting Insider - Property, Wealth, Business Tips & Tricks

Going from one to two properties is perhaps the hardest step when building your property portfolio. It’s a step that many don’t make, but when you do, it immediately puts you in the top percentage of wealthy people. Kym Nitschke, property investor and accountant, helps you make the jump with his insightful tips. Kym talks about the importance of having a strategy, and what you can do to get the best valuation possible in your first home (so the bank will lend you money for your second!). He talks about good and bad debt, how to finance your properties and the tax considerations. Kym has a key strategy: Never sell. He tells you why, in episode 4 of Accounting Insider. About Kym Nitschke, accountinginsider.net: Kym Nitschke is an accountant, financial adviser and entrepreneur who lives and breathes the advice he gives his clients. Since taking charge of Nitschke Nancarrow Accountants in 2007, Kym has grown the firm’s client base to 1200 individuals and businesses. Key to Kym’s success has been his a