Suburb Data with Damien & Jeremy

Ep. 51: Property in Your Own Name: Tax Considerations | Dom Pitronaci


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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.

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