How to Avoid Tax-Time Chaos: Property Investor Record-Keeping Essentials скачать в хорошем качестве

How to Avoid Tax-Time Chaos: Property Investor Record-Keeping Essentials

In this Tax Tuesday edition of Wealth Coffee Chats, Kim Wolfenden from Positive Tax Solutions walks property investors through the essential record-keeping strategies to take the stress out of tax time. 📚 Learn: What records the ATO expects you to keep How to differentiate repairs vs. renovations (and why it matters) What to do if you use your holiday home for personal stays How long to store your documents for Capital Gains Tax Kim's monthly/annual review system for staying organised 🔍 Thinking like a business is the key to smooth, stress-free tax reporting. Tune in and get ahead of tax time before it gets ahead of you! 🎥Chapters: 00:00 – Intro & Housekeeping 03:09 – Meet Kim Wolfenden (Positive Tax Solutions) 03:22 – Why record-keeping matters for property investors 04:51 – What records the ATO requires 06:03 – Four key categories: Income, Expenses, Acquisition/Sale, Usage 07:35 – Renovations vs Repairs: Know the tax difference 08:08 – What documents you need for CGT 09:00 – Private use of property? You’ll need proof 09:54 – How long do you need to keep records? 10:10 – Kim’s practical record-keeping system 11:42 – Tips for tracking property vacancy & renovation history 12:19 – Final checklist: Think like a business 12:50 – Outro: Where to get help & final message ➡️ DOWNLOAD The Part Time Property Investor ebook - https://pre.fyi/yt-part-time-investor... ➡️ DOWNLOAD The Property Investor’s Cashflow Calculator - https://pre.fyi/yt-cashflow-calculator ➡️ REGISTER for a Property Investing Webinar - https://positivere.events/learn-to-in... Positive Real Estate's Property Investor Masterclass 🏠 is a FREE event for everyday Aussies looking to invest and earn passive income from property 🧠 These Property Investor Webinars delve into the latest property investing strategies and market insights, sharing our step-by-step formula for success 💥 and identifying the key areas of opportunity, whilst showing you how to save yourself thousands on common and very costly investing mistakes Coming Up This Month 🗓 our Property Investor Coaches will explore how to get more out of investing over the next 12 months; unraveling how to maximise your return, invest in better-performing properties 💰 and navigate the ever-changing market, and ignore the negative media onslaught 😱 PROPERTY INVESTOR MASTERCLASS FOCUS AREAS 📈 🔵 How to continue to GROW your Property portfolio and wealth in rising interest rate cycles. Note: this is when the wealthy, really get wealthy, because everyone else is scared to act 🔵 How to PAY YOUR HOME OFF in 15 years or less - it’s never been more important than right now 🔵 The biggest RENTAL BOOM Australia has ever seen is underway and going to continue. Are you in position to capitalise on this opportunity? 🔵 NEW SUPPLY of housing has dropped 68 and 84% in these 2 capital cities, BUT demand is up! What does this mean for YOUR property wealth and financial goals?⁣ 🔵 Discover Australia’s “Plan” to improve the economy through permanent skilled workers, students and traveling workers, which will bring an extra 2 million people into our country over the next 5 years. IKYMI - this will positively impact your REAL ESTATE INVESTMENT and provide needed housing 🔵 How to work out what your ‘FREEDOM INCOME’ goal is and how many properties you will need to reach this. IMPORTANT - This is one of the first things you need to understand when starting your investment journey 🔵 Why ALL PROPERTIES are not created equal and how to spot a good investment in the right location 🔵 How to invest in a rising interest rate market WITHOUT OVERPAYING or buying a dud property⁣⁣⁣. 🔵 Where your WEEKLY PAY goes and how you can do more with it by investing in real estate, long-term 🔵 How to use property investing to REDUCE TAX paid and end up with more money in your pocket each week⁣⁣⁣ 🔵 Learn the 4 Pillars of Property Investing and how this will set you apart from other investors and GUIDE YOU towards success. If you'd like to discover these investing strategies and more about Property Investing in Australia in a live environment with our expert team, register here for an upcoming REGISTER HERE → FREE Investing Webinar ➡️ https://positivere.events/learn-to-in... 📺 Subscribe To Our Channels and Get More Great Real Estate Investing Tips: Positive Mentor TV YouTube Channel - @PositiveMentorTV Positive Real Estate TV YouTube Channel - @PositiveRealEstateTV 🎧 Don’t Forget To Also Check Us Out On Apple - https://pre.fyi/wcc-apple Spotify - ⁣⁣https://pre.fyi/wcc-spotify