X

Episode 149 | Money Tips to Survive this Christmas

It’s beginning to look a lot like…… Spending!

That’s right, folks. Christmas is just around the corner, and let’s face it: it’s an expensive time of the year for all of us.

So we thought we’d share some money management tips so you avoid filling the stocking with all your hard earned cash. We’ve also taken apart the latest CBA Report, which explains some alarming spending habits that you and a whole lot of Australian’s are doing in December.

Plus, we’ve got a ripper SURPRISE FOR OUR 150TH EPISODE next week. Yep — not only is The Stig opening, closing and Life Hack-ing the show (thanks to your Movember donations, woot woot) — but also, we have a SERIOUSLY EXCITING GUEST ON!!! It’s someone we’ve been trying to get on for a loooooong time.

Want to find out who it is?

You’ll find out in today’s episode!!! (After all, we’re in the festive spirit.)

 

*****Also, stay tuned to the end and you’ll bear witness to Ben’s truly ridiculous Did You Know?*****

 

So, what are we on about today?

 

 

Final Movember Tally: $11,533

If you donated and haven’t given us your address yet, please email us at info@thepropertycouch.com.au

 

P.S. Don’t forget: next week’s 150th Episode!!!!!!!!!!!!!

P.P.S. And here’s the link to the Dirty Santa’s Rules!

Episode 146 | 10 Reasons Why You’re NOT Rich Yet

Happy Podcast Day folks! Aside from growing our moustaches for Movember, this week we’ve also been growing a ripper episode for you **drum roll please** …

Today, we’re giving you the 10 Reasons Why You’re Not Rich Yet!!!

(Now, we’ll be honest, we’re not huge fans of the word “rich” — we prefer the term ‘financially free’, but you get the gist.)

So why haven’t you got the money you thought you’d have by now? When is the suitcase of cash finally going to land at your feet? Is it something you might be doing/not doing?

Yep, this one just might make you have a long, hard look at yourself (in a nurturing way, of course).  Because there are TEN reasons — a few of which you might be doing now — that are blocking your shot at financial freedom.

 

Speaking of finances, if you help us donate to Movember with a $25 donation or more we will give you a FREE SIGNED COPY OF OUR BEST SELLER BOOK! Yep, we’ll cover the cost of the postage and, guess what … The book’s worth more than $25. AND donations above $2 are tax deductible! 3 wins. You, a good cause and us MoBros!!

How do you do it?

  1. Go to our Mo’s Team Page here and donate $25 or more.
  2. Once you’ve done it, let us know by commenting on this Facebook Post here.
  3. We’ll send you the book. Easy!

AND if we hit our target of raising $5,000 for Movember, Ben has promised to create a FREE WEBINAR on Working Out Your Retirement Gap! But we need to hit the $5,000 mark to make him prioritise this. Remember, it’s for a great cause (and you get to see the guys look ridiculous for another 2 weeks)!

 

Alright, where’s the money at? (What you can expect in today’s show.)

 

Remember: Money’s not everything. And you can experience huge wealth in helping others! Donate to Movember here.

Episode 117 | Everything You Need To Know About Depreciation Changes – Chat with Bradley Beer, CEO of BMT Tax Depreciation

We’ve got Bradley Beer, CEO of BMT Tax Depreciation on the podcast today! Now, some of you might remember Bradley back in Episode 10 where we talked about what is a tax depreciation schedule, how it works and if all property investors should have one done.

For today’s episode, however, we will be relating back to Episode 115 where we chat about the impact of the recently released Federal Budget had on property investors, focusing specifically on the depreciation changes. So here are the topics that they touched on today:

  • Exactly what part of the depreciation deductions are affected by the proposed changes?
  • Are capital works deductions still available to be claimed at 2.5% for 40 years?
  • What is the significance of 7:30 pm AEST on the 9th of May 2017?
  • Will they be looking at the contract date or settlement date?
  • Do the proposed changes affects tax depreciation schedule that was previously submitted?
  • How will this impact investor’s cash flows and is there a difference between new vs old property?
  • What is the logic behind the changes on investor’s travel expenses?

 

Free Resources:

  • This field is for validation purposes and should be left unchanged.

 

If you like this podcast: “Everything You Need To Know About Depreciation Changes – Chat with Bradley Beer, Managing Director of BMT Tax Depreciation”, don’t forget to rate us on our iTunes channel (The Property Couch Podcast) and our Facebook page. If you have any questions or ideas, feel free to drop us your thoughts here: http://tpcaustralia.wpengine.com/topics/

Should you buy a property with someone else?

 

The question we often get asked is, “Should I buy a property with someone else?” It sounds like a good idea isn’t it? It is a high-value transaction, and it can seem a little bit daunting to do it on your own. So we’ve got to have a look at our options. As Bryce and Ben mentioned on Episode 116, here’s the video on property ownership. Enjoy!

 

Bryce Holdaway - Quote of the Day - The Property CouchBryce Holdaway – Partner, Property Advisor & Buyers Agent

As co-host of The Property Couch, Bryce Holdaway is also a partner at Empower Wealth and Co-Host of Relocation Relocation Australia and Location Location Location Australia on Foxtel’s Lifestyle Channel. A qualified Buyers Agent and Financial Planner, Bryce holds a Bachelor of Commerce (Accounting), Real Estate Agent License and Diploma in Financial Services (Financial Planning).

 

Episode 115 | What Does The 2017 Federal Budget Mean To The Property Market?

What a week! Apologies for the podcast’s downtown earlier this week and thank you to those of you who wrote in to us. We had a system update and things didn’t quite work out as we wanted them to be. That aside, the 2017 Federal Budget has been released just a couple of days ago. So let’s talk about that.

There were a few proposals relating to the affordability issue and a couple more that aims at the property investors pool. But overall, this was not an overly exciting budget. It was a conservative one. Nonetheless, what impact will if have on property owners and the Australian Property Market in general. Some of the issues that Bryce and Ben discussed in today’s episode are:

  • The proposed changes to depreciation deductions for plant and equipment
  • Capital Gains Tax exemption for foreign and temporary tax residents
  • Investors’ travel expenses claims
  • The implementation of First Home Super Saver Scheme and is it a good idea
  • The expanded audit on overseas investors

If you would like to understand more about the 2017 Federal Budget, please check out this link.

We’ve also answered a few questions from:

  • Joel on the First Home Super Saver Scheme: Hi property couch crew! Since the website is down ill throw my question for the next Q&A here. A good one of the younger generation first home buyers as well as parents. My question relates to the announcement of the first home buyers saving scheme announced in the budget, with the tax break through superannuation. Being someone who has been taught in uni and at home by my parents not to touch my super and add extra payments where possible, is this scheme of accessing it for a house deposit reasonable? I see the tax break being a great idea but opening the idea of people taking there super to buy a house they cant save for rings alarm bells for me. Do i have the correct understanding of it all? Would you recommend another way?
  • Leo on property valuation: Hi Ben & Bryce – (and the Stig!), I cannot thank you enough for the endless amount of value that you provide for your listeners. Your content is conversational and easy to understand even for a first-time investor like myself.
    I have a suggestion that may also benefit other listeners. I have recently purchased my first investment at 23 years old. It is an existing (3 bed, brick and tile) property and I am in the process of planning a cosmetic renovation. My question is – When refinancing against an existing asset, do all property valuers have a set agenda when valuing your property? Since all valuers will have a different opinion on price, is there a similar set of factors they look at? (i.e Condition of kitchen, bathroom, flooring etc) – going on from this, Is there ways you can make your property more appealing to a valuer in order to gain a higher valuation to leverage onto the next investment? Thanks alot guys – I appreciate your work!
  • Derek on bookkeeping for investors: Something that isn’t as widely discussed in the field of real estate is book keeping. You guys mention the need to spend 10 hours or so per year to review each property in a portfolio. Can you dive into greater detail as to what exactly this entails? What sort of information do we need to keep track of and is that done through spreadsheets or specific software?

 

If you like this episode (What Does The 2017 Federal Budget Mean To The Property Market?), don’t forget to rate us on our iTunes channel (The Property Couch Podcast) and our Facebook page. Any questions or ideas? Feel free to drop us your thoughts here: http://tpcaustralia.wpengine.com/topics/

Instagram

×
the-property-couch-ebook-money-smarts

MONEY SMARTS SYSTEM

Plus We Will Also Notify You
When We Release New Episodes

  • This field is for validation purposes and should be left unchanged.

We Only Send You Awesome Stuff

×