The ATO is targeting investors – this is what they’re looking for. Looks like the ATO has got investors in their sights this year. The government has been really clamping down on the kinds of deductions that investors can claim, but now the ATO is going to be going through investor’s tax returns with a […]
Brave or foolish? – Labor’s plans for negative gearing
Labor has doubled down… are they being a bit ‘courageous’? So it’s game on. Some people thought that Labor might flinch, and give up on taking negative gearing reform to the election. But they didn’t. In fact, if they get elected, they’re going to bring the reforms in as soon as possible – which in […]
If you have a holiday home – read this!
ATO have a new campaign… and a new PR agency? Word from the ABC is that the ATO is gunning for deductions on holiday rentals, particular when the property isn’t genuinely available to rent. “The ATO’s assistant tax commissioner Kath Anderson said too many holiday home owners were claiming deductions for properties which were not […]
[PODCAST] The critical ATO announcement that could affect your ability to invest.
One month into the new tax year and I wanted to make sure you are across this important announcement. Each year we move more toward a credit score system like the Americans have… This year – effective from 1st July the ATO have jumped on that bandwagon. Today’s podcast is only a short one… but an important […]
17 tax deductions you may not be taking full advantage of
You probably know that before I dedicated myself to property – in my former life – I was an accountant. So I have a built in automatic reaction now to sit up and take notice when it’s coming up to tax time. First of all, let me say that most people (including accountants) think in […]
[PODCAST] Nexus and Claiming the Cost of Education On Tax – What You Must Know!
One of the things that I discuss in my one-day events is tax – I was an accountant one upon a time after all. Because of that, I get this one question all the time: How can I claim the cost of the course when I do my tax? Well, first up – it is […]
[PODCAST] Big Brother is Watching Your Tax And Data – What you need to know
In 1949 George Orwell wrote his gloomy masterpiece 1984. It was a chilling book. Someone must’ve given the tax office a copy because that fictional tale has become reality and big brother is here now and looking into your life to see if they can get more tax out of you. The ATO is throwing […]
[PODCAST] Urgent Trust Update – Immediate Action Required
URGENT: Expect a MASSIVE tax bill unless you make these changes right now. This is a really important podcast if you are an active property investor. Changes in state tax laws mean that you could be in the firing line. Because of the recent trend of foreign investors buying property in Australia in the last […]
Negative Gearing killed my frog!
We’re finding out that negative gearing is responsible for more and more evils every day. Who would have thunk? Wow, rate cut and budget all in one week! I’m coordinating a podcast with my gun property economist to break down what the rate cut and budget means for property investors. It’ll be epic! And once […]
PODCAST: If there’s a possibility that one day you may die… Listen to this.
This podcast might not be for everyone… This podcast is only for you if there’s a possibility that one day you might die. If that’s you then you need to listen to this podcast. http://dymvideo.s3.amazonaws.com/ilove/20150617_-_Derek.mp3 Today I talk to a specialist called Derek who is going to make sure that all the wealth you are […]