504 | Everything You Should Know Before Turning Your PPOR Into an Investment

25/07/2024 1h 11min
504 | Everything You Should Know Before Turning Your PPOR Into an Investment

Listen "504 | Everything You Should Know Before Turning Your PPOR Into an Investment "

Episode Synopsis

Trevor is seeking a “Tree Change”: To escape out of the city with his family. What are the implications of turning his Principal Place of Residence into an investment property to do so?  Meanwhile, Emma’s got a duplex under a single title. She lives in one unit and has rented the other; is she eligible for Capital Gains Tax exemption?  Clinton wants to know what's the best loan to attach his offset account to: An interest-only or Principal and Interest loan?  Folks, today’s massive Q&A highlights the most significant benefit of Australia’s tax system, the importance of seeking good tax advice (and the implications if not!) and exactly why record-keeping could save you thousands.  Tune in now! 😊 FREE STUFF MENTIONEDHow much is your property earning (or costing) you?  Moorr’s newest Property Cashflow Projection Tool is now live! Get a detailed breakdown of money going in and out over the next 12 months, plus the full tax story. Resources from Ben’s “What’s Making Property News”:  ‘Death clause’ triggers an extra $1.2m for vendor Westpac’s Prestige Property Report Leave us a Q for our next Q&A Day! Reach out to Bryce on Instagram or through our SpeakPipe. (And get a free Start & Build course if your Q is featured!)  Psst – also feel free to send us your life hacks, property news, and more!  Looking to run different scenarios for your future? Book your free initial consultation with our team of Qualified Property Investment Advisors today.  LISTEN TO THE FIRST 20 EPISODES HERE >> MOORR MONEY MANAGEMENT APP: 👉 Apple: https://apple.co/3ioICGW 👉 Google Play: https://bit.ly/3OT86bW 👉 Web platform: https://www.moorr.com.au/ FREE MASTERCLASS:- How to Build a Property Portfolio and Retire on $2,000 a week >> FREE BEST-SELLING BOOKS: - The Armchair Guide to Property Investing - Make Money Simple Again FIND US HERE: - Website - Instagram - Facebook - Youtube

More episodes of the podcast The Property Couch