Terry's Tax Tips

Tax Tip 40: Tax Issues with Injecting money into Private Companies https://propertychat.com.au/communi...-injecting-money-into-private-companies.4239/

 

Tax Tip 41: Land Tax and Absences from PPOR in VIC https://propertychat.com.au/communi...-land-tax-and-absences-from-ppor-in-vic.4276/

Tax Tip 42: 'Principal Place of Residence' v 'Main Residence' https://propertychat.com.au/communi...f-residence-v-main-residence.4280/#post-71887

 

Tax Tip 43: Demolishing PPOR and Subdividing land and building 2 houses https://propertychat.com.au/communi...-subdividing-land-and-building-2-houses.4364/
Tax Tip 44: How to Un-Mix a Mixed Loan https://propertychat.com.au/community/threads/tax-tip-44-how-to-un-mix-a-mixed-loan.4406/
Tax Tip 45: How to work out the Portions of a Mixed Loan https://propertychat.com.au/communi...o-work-out-the-portions-of-a-mixed-loan.4410/

 

Tax Tip 46: Want to Pay IO on a PI loan? https://propertychat.com.au/community/threads/tax-tip-46-want-to-pay-io-on-a-pi-loan.4438/

Tax Tip 47: Spousal Loans as a Tax Strategy https://propertychat.com.au/community/threads/tax-tip-47-spousal-loans-as-a-tax-strategy.4452/

Tax Tip 48: Hybrid or Unit Trust with loan in the wrong names https://propertychat.com.au/communi...unit-trust-with-loan-in-the-wrong-names.4476/

Tax Tip 49: Transfer of Title from Bare Trustee to Beneficiary and Tax Issues https://propertychat.com.au/communi...e-trustee-to-beneficiary-and-tax-issues.4546/

Tax Tip 50: Minimising duty on Spousal Transfers https://propertychat.com.au/community/threads/tax-tip-50-minimising-duty-on-spousal-transfers.4579/

 

Tax Tip 51: Two Spouses: One wants to Invest the other Doesn’t https://propertychat.com.au/communi...es-one-wants-to-invest-the-other-doesnt.4621/

Tax Tip 52: Trusts and the main residence exemption for CGT https://propertychat.com.au/communi...nd-the-main-residence-exemption-for-cgt.4638/

Tax Tip 53: Paid Deposit with cash - how to fix big mistake before settlement https://propertychat.com.au/communi...ow-to-fix-big-mistake-before-settlement.4661/

 

Tax Tip 54: Why Not to Mix Loan Purposes https://propertychat.com.au/community/threads/tax-tip-54-why-not-to-mix-loan-purposes.4728/

Tax Tip 55: An Exception to the rule about splitting before Repaying a Mixed Loan https://propertychat.com.au/communi...-splitting-before-repaying-a-mixed-loan.4729/

Tax Tip 56: 2 Co-owners and Deductibility of interest where one rents to the other https://propertychat.com.au/communi...f-interest-where-one-rents-to-the-other.4762/

Tax Tip 57: Gift Tax https://propertychat.com.au/community/threads/tax-tip-57-gift-tax.4771/

Tax Tip 58: Two on title One on loan. Who claims Interest? https://propertychat.com.au/community/threads/tax-tip-58-two-on-title-one-on-loan-who-claims-interest.4822/

Tax Tip 59: Borrowing to Buy shares https://propertychat.com.au/community/threads/tax-tip-59-borrowing-to-buy-shares.4876/

 

Thanks @Terry_w. We should have a super like button!

 

Tax Tip 60: Never use cash to invest https://propertychat.com.au/community/threads/tax-tip-60-never-use-cash-to-invest.4883/

Tax Tip 61: How to borrow 105% on your first purchase https://propertychat.com.au/communi...ow-to-borrow-105-on-your-first-purchase.4928/

Tax Tip 62: Paying Cash for a property and then getting a loan https://propertychat.com.au/communi...-for-a-property-and-then-getting-a-loan.4948/

 

Tax Tip 63: Don’t cause borrowed funds to take a detour https://propertychat.com.au/communi...t-cause-borrowed-funds-to-take-a-detour.5011/

Tax Tip 64: Tax Consequences of a Beneficiary Living in a Trust property rent free https://propertychat.com.au/communi...ry-living-in-a-trust-property-rent-free.5051/

Tax Tip 65: Deductibility of Interest for paying out a loan of a deceased estate https://propertychat.com.au/communi...-paying-out-a-loan-of-a-deceased-estate.5071/

Tax Tip 66: The Refinancing Principal and Partnerships https://propertychat.com.au/communi...-refinancing-principal-and-partnerships.5084/

 

Any requests?

I still have another 10 more to cover on the topic of deductibility of interest and then plan to move onto other areas of tax relating to investment.

 

Tax Tip 67: Using Redraw Facilities on loans and Tax Issues https://propertychat.com.au/communi...draw-facilities-on-loans-and-tax-issues.5108/

Tax Tip 68: Transfers Between Spouses and Stamp Duty in NSW https://propertychat.com.au/communi...s-between-spouses-and-stamp-duty-in-nsw.5144/

Tax Tip 69: Land Tax on Trust owned property in VIC and PPOR exemption https://propertychat.com.au/communi...wned-property-in-vic-and-ppor-exemption.5174/

Tax Tax 70: NRAS Property and Deductibility of Interest and other expenses https://propertychat.com.au/communi...tibility-of-interest-and-other-expenses.5206/

 

Wow, Terry, Thank you so much !

 

Is it possible to cover some general scenarios where a seller might have to charge GST on a sale? I know there are a lot so it might not be possible. Also, people would need to get specific advice because it is rarely straightforward.

 

Tax Tip 71: Deduction of interest after assets sold https://propertychat.com.au/communi...deduction-of-interest-after-assets-sold.5245/

Tax Tip 72: Borrowing to Pay Income Tax and Deductibility of Interest https://propertychat.com.au/communi...o-pay-tax-and-deductibility-of-interest.5258/

Tax Tip 73: Multiple Offset Accounts and some Tax Issues https://propertychat.com.au/communi...ple-offset-accounts-and-some-tax-issues.5281/

Tax Tip 74: Selling a property that secures other loans https://propertychat.com.au/communi...ing-a-property-that-secures-other-loans.5296/

Tax Tip 75: Refinancing 2 loans for the 1 property and potential tax issues https://propertychat.com.au/communi...the-1-property-and-potential-tax-issues.5327/

 

Tax Tip 76: Calculating the Cost Base for CGT purposes Tax Tip 76: Calculating the Cost Base for CGT purposes.

Tax Tip 77: Redrawing Extra Repayments to Increase Deductions? Tax Tip 77: Redrawing Extra Repayments to Increase Deductions?

Tax Tip 78: Capitalising Interest and Claiming it off CGT? Tax Tip 78: Capitalising Interest and Claiming it off CGT?

Tax Tip 79: Interest Deductibility for 1 on title 2 on loans Tax Tip 79: Interest Deductibility for 1 on title 2 on loans

Tax Tip 80: Deductibility of Interest for 2 Unequal Owners Tax Tip 80: Deductibility of Interest for 2 Unequal Owners

 

Tax Tip 81: Deductibility of interest property in name A but B paying loan Tax Tip 81: Deductibility of interest property in name A but B paying loan

Tax Tip 82: Taking money from an offset account on an IP and Claiming Interest Tax Tip 82: Taking money from an offset account on an IP and Claiming Interest

Tax Tip 83: CGT on Death and the Passing of Property Tax Tip 83: CGT on Death and the Passing of Property

Tax Tip 84: Don’t Pay your Rent into a LOC Tax Tip 84: Don’t Pay your Rent into a LOC

 

Hi Terry,

Do you have that spreadsheet ready, can you kindly share that with us ?

Thanks
apk

 

Ok, I will upload it later today.

 

Awesome, Thanks

 

It seems I cannot upload an excel file..