Show Notes
Tax depreciation is an interesting thing, but it may be something that can save you Thousands of dollars on your property investment.
Which is why it’s sometimes worth chatting with a Tax Depreciation expert. That’s why we’re bringing Mike Mortlock on the show at 7:30pm NSW time.
Here are some other things a tax depreciation schedule may help with including:
They can help you identify tax-deductible expenses associated with your property investments, ensuring that you’re taking advantage of all available deductions.
Tax law compliance: They can provide guidance on how to comply with tax laws and regulations, reducing your risk of auditing and other legal issues.
Investment strategy: By providing you with an understanding of the depreciation process, a tax depreciation expert can help you make more informed investment decisions and maximise your returns.
Tax-saving tips: They can provide practical tips and strategies for reducing your tax liability, freeing up more funds for other investments.
Market trends: With their expertise in the building industry, a tax depreciation expert can provide valuable insights into market trends and economic conditions, helping you stay ahead of the curve.
Not all area created equal but Mike Mortlock is standing at the head of the pack and will share his insights.
This little session may just save you a boat load of cash!
Join us live – 7:30pm NSW time.
Topics we’ll be talking about include:
His 2023 Property Predictions [what he sees happening at a broad level]! This one is bound to be juicy and actionable.
The themes impacting the property investing landscape from his perspective.
Understanding the challenges investors are facing & some they should be considering.
Episode Highlights
9:34 Introduction of Mike Mortlock14:30 Depreciation 101
15:50 The Importance of Tax Depreciation
22:57 Property Market Predictions 2023
34:34 Why is there a limited supply of stock coming to the market?
38:49 Predictions for construction costs and building activity – Forecast
40:05 Why aren’t people building able to build as much as we used to be able to?
47:05 Next 5-Year Change Prediction at Building Industry
54:19 How Long until we see a slowdown in labor and material cost? Will the cost calm down or stay at the current level?
1:00:42 Rental Affordability
1:13:03 Which type of assets are people getting building more?
1:14:33 Are there any big depreciation changes coming that we should be thinking or considering as Property Investors?
1:22:10 Property Market Predictions 2023 – What’s going to happen to prices?
1:26:52 What are your thoughts on interest rates over the next 6 – 12 months?
1:36:43 What is UNDERINSURANCE?
1:43:40 How important are these natural disasters for your perspective of investing?
1:45:24 It’s good to let insurance expire and then resign to get a better deal?
1:48:58 Do you foresee more power given to CDC approvals to help fast track?
1:51:22 What is better /safer to buy? A house and land package that 1 builder is in the estate? Or better to buy land only and engage your own builder? Is either less risk?
1:54:08 How can people learn more from you?
Episode Resources
Connect with Mike Mortlock: https://www.mcgqs.com.au/who-we-are/
Connect Joe Tucker: https://propertyprinciples.com.au/
Join Aus Property Facebook Group: https://www.facebook.com/groups/Auspr…
Join the Newsletter: https://propertyinvesting.substack.com/
SUBSCRIBE: https://www.youtube.com/channel/UC2Hq…
Other Guests On Our Lives
Chris Gray, Amanda Farmer, Steve Palise, Nathan Birch, Todd Sloan, Cate Bakos, Mike Mortlock, Lloyd Edge, Karen Baldwin, Rob Flux, Kent Lardner, Charley Valher, Bernadette Janson, Pete Wargent, Melinda Jennison, Bushy Martin, Michelle Lewis, Peter Koulizos, Jane Slack-Smith, Joe Tucker, Jordan De Jong, Scott Aggett, Belinda Smith, Jef Miles and more.
