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Suburb Data with Damien & Jeremy
suburbdata
51 episodes
2 days ago
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Investing
Business
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Investing
Business
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Ep. 51: Property in Your Own Name: Tax Considerations | Dom Pitronaci
Suburb Data with Damien & Jeremy
54 minutes
2 days ago
Ep. 51: Property in Your Own Name: Tax Considerations | Dom Pitronaci
Dom from DPR Accountants joins us for part one of our three part accounting series. We break down owning property in your own name. Joint tenants versus tenants in common. Partnerships and land tax surprises. How negative gearing can turn positive and when to time a capital gain. Smart loan structuring like splitting debt between partners, using offsets and PAYG variations to smooth cash flow. Plus when teaming up to buy helps or hurts and how to protect serviceability while keeping growth front and centre. Tune in for clear answers and fewer headaches next time you buy   Episode Highlights 00:00 - Introduction 00:58 - Property in your own name 06:30 - Investing with siblings or friends 08:37 - Individual income tax 11:24 - Capital gains tax 15:40 - Land tax 30:51 - Loan splits 43:24 - Gearing example   Got questions or feedback? Email us: PODCAST (AT) SUBURBDATA.COM.AU   DISCLAIMER: • Please be aware that the content presented in this video is for general informational purposes only and does not constitute financial advice. • The information provided is not tailored to your individual circumstances, and we do not consider your specific financial situation. • It is strongly recommended to consult with a qualified financial advisor or professional before making any financial decisions based on the content of this video, as we have neither offered nor provided legal, financial, or taxation advice to the Listener, Reader, or Viewer. • We do not hold an Australian Financial Services Licence as defined by section 9 of the Corporations Act 2001 (Cth) and is not authorized to provide financial services. • Any actions taken by viewers based on the information in this video are at their own risk.
Suburb Data with Damien & Jeremy