Based Brief

@piersmorgan did you even watch the documentary Piers?

Rousey and Carano definitely had a chat before that fight to get it over and done with without killing each other and taking the bag!

@tompanos 8% rental yield until it gets burnt down...

I’ve just gone from the spiritual beauty of Uluru… to the confronting reality of #AliceSprings ...and honestly, it hit hard. Because behind the breathtaking landscape is a town battling crime, social issues, empty shops, and a feeling that somewhere along the way, things drifted off course. But here’s the twist most people are missing… 👇 #AliceSprings might actually become one of the most interesting property stories in Australia. Median house prices are now sitting around the low-to-mid $400k, while many properties are still producing rental yields between 6% and 8%+, with some units even higher. Vacancy rates remain tight, meaning demand for rentals is still very real. #propertymarket #realestateaustralia

@nikitabier @ianmiles Hahahahah tweet of the year Nikita!

@ianmiles Perhaps it's not the algorithm but rather, the sudden pivot from politics to promoting scam coins? I have seen users lose some reach after engaging in criminal activity and robbing their followers.

Me just minding my own business trying to post something on 𝕏 before getting surreptitiously nuked by the algorithm

@Jason I really hope it’s Tesla…the cybercab rollout will be so much smoother and quicker because of it

Uber is going to be bought by Google/Waymo, Amazon or Tesla/SpaceX in the next year. For a “buy it now” price of $250b, one of those three companies gets a $12b a year free cash flow machine with $70b in revenue — and hundreds of millions of global customers This is the most obvious M&A deal since Instagram, Android and YouTube transformed Meta and Google Discuss

@elonmusk Grok is out last chance to win and break free from the lies!

These come from court transcripts

@NickWhiteReal Nuisance streamer.

Currently at Swatch for the Royal Pop AP collab at the domain in Austin, TX. Police are shutting it down and nobody is able to get a watch.

Watching live streams of the Unite The Kingdom rally and i truly hope we can have something similar in Australia over the coming months!

@NicholasKWolf @AshPolitik with interest rates climbing i can see a lot of people holding onto excess cashflow in high interest accounts.

@BasedBriefHQ @AshPolitik What do you think people might do differently with their capital as a result of the tax changes?

I personally own assets affected by cgt changes but I still support the governments changes First im not greedy selfish fuck looking for government subsidies to help my investments. Changes are for the betterment of all, not the few. When you make a system fairer all, the system pays you back.

@104hutsona @AshPolitik but they should take half of it if it is a productive investment?

@BasedBriefHQ @AshPolitik You bring up risk but the reforms aren't increasing your risk nor should the government subsidise your reward if its not a productive investment

@elonmusk @DallasAptGP HODL!

@DallasAptGP I’m not selling any shares

A crazy tax idea for Elon Musk. He could become the biggest OZ investor in history. The IPO is the trigger. SpaceX goes public June 12 under the ticker SPCX and the valuation might go to $2 trillion. The largest IPO ever. Insider lockup runs 180 days. It expires around December 15. The day it ends, insiders can sell. Every share sold throws off a capital gain. For Elon, holding billions in SpaceX paper, the gain is staggering. Under the new Opportunity Zone rules that take effect January 1, 2027, any capital gain rolled into a Qualified Opportunity Fund within 180 days of the sale earns a five-year tax deferral. Sell in late December 2026. Invest in early 2027. The tax bill is not due until 2032. If the QOF investment is held for ten years, the entire appreciation comes out tax-free. No capital gains. No depreciation recapture. Zero. But Elon isn't going to suddenly start investing in apartments or hotels in low income areas. He is going to remain obsessed with investing in his core businesses. Good news. The town of Starbase, Texas sits inside an Opportunity Zone census tract. Grimes County, where Musk is building a $55 billion semiconductor fab called Terafab, has three OZ tracts of its own. Elon could sell SPCX shares after lockup. Roll the gain into his own Qualified Opportunity Fund. Use that fund to build infrastructure at Starbase or finance the Terafab site. Then lease the asset back to the public company. SpaceX pays the rent. The rent is deductible to SpaceX. The depreciation flows to Elon and offsets his other income for a decade. Then he sells the QOF interest in 2037. No tax on the appreciation. No recapture on the depreciation. The original gain that funded it all was deferred to 2032. The IPO funds the infrastructure. The infrastructure runs the company. The taxpayer pays nothing for ten years and almost nothing forever. This is the crazy idea. The mechanics are real. The zones are real. The IPO is real. I am glad to advise his tax team. 🤠

@great_martis But can’t a volcano reach this point and not erupt?

Ordinary mums and dads don't have the slightest clue that what is brewing beneath the surface is a coiling US 10-Year Treasury yield. The consequence of energy building up over many years in such a pattern is best explained by this analogy: it is like lava pushing up against the mouth of a dormant volcano. The endgame is chaos and hysteria. Next week is critical. If the ceiling of the symmetrical triangle breaks and holds, Pandora's box opens wide. Yours Truly, The Great Martis✨

@MickamiousG Also can’t put some of that money into superannuation as a tax deduction for retirement which was a major strategy they have now abolished!

This is Australia and how investing now works if you choose to buy an investment property. Buy a property, rent it out. Pay Stamp Duty, Pay Land Tax. Pay Rates to councils. Maintain the property. Sell property sometime down the line. Maybe have made a profit. You can no longer claim a tax deduction via negative gearing on an existing property… So You Took the risk. & Now you need to Pay Government Tax Again. So you paid at time of purchase, you then pay tax again at time of sale, Government out no effort in other than to keep taxing you throughout the duration of your ownership, and somehow this is fair?? This is Australia.

@SpachusAus When you sit down and do the numbers even if prices come down 10% in the capital cities it’s still not affordable!

Also remember so many people were saying cheap money was coming back?

All this talk about immigration pumping demand for housing. People won't be able to afford property prices at high interest rates. Look at the Aussie 10Y bond yield. 👀 #auspol #tradingeconmics

World share markets down and Oil still rising.. this is far from over.

@ausstockchick The Greens will try put these policies into SMSFs also.. they have been screaming this out for years.

Has anyone ever considered… The negative gearing changes could actually get WORSE for property investors. Labor needs every single Green vote to pass the legislation and the Greens want to go further with changes… The greens might support the bill but demand changes as the price of their votes. Hmm #auspol

So the question from the budget will be.. are the unintended consequences actually unintended or are they hoping to put wool over the eyes of the averge Mum and Dad investor...

Using 2.5% inflation for next year in the Budget is crazy... in the same sentence Chalmers said the price of oil could be this price for years to come.. inflation isn't coming down that quickly!

This 30% minimum tax on all capital gains is crazy! Does this mean you can't use Superannuation contributions to minimise this going forward?

@libsoftiktok @SamanthaMe13019 Lock them both up!

BREAKING: Keli Holiday, an Australian musician, has been DENIED entry into the U.S. after his leftist girlfriend, Abbie Chatfield, made a post online calling for the ass*ssination of President Trump.