556 | The Fight Club of Property Investing: The Hidden Land Tax Rules Costing Investors Thousands – Chat with Vishal Sharma

Watch the episode on Youtube. Click here.

Let’s be honest… no one gets excited about land tax or transfer duty. 🫣

But these are the hidden costs that can devastatingly derail your well-planned financial freedom, especially if you don’t know what structures you’re buying in, or how the rules change across different states.

That’s why we’ve brought in Senior Advisor at Revenue NSW, Vishal Sharma!

With over 20 years of experience across all levels of government—and more than a decade at Revenue NSW, he specialises in land tax, bringing deep expertise across the full spectrum of taxes and grants administered by the department.

Revenue NSW plays a critical role in managing taxes, fines, debts, and grant programs, helping to fund the future of New South Wales and give back to the community.

From land tax traps in trusts and companies, to foreign owner surcharges, first home buyer support, and the surprising exemptions most people miss, we’re covering the essentials of land tax in 2025.

By the end of this one, you’ll walk away with more clarity (and probably a few thousand dollars saved in future tax!). Listen now 😊

Resources Mentioned: 

• Your Entire Property Portfolio. One Free Dashboard, in Moorr.
  Over 19,000 investors are tracking 34,000+ properties — and now you can do even more with the new MyPROPERTY Dashboard.
  ✔ Analyse one or many properties
  ✔ Track net wealth & cashflow (incl. offsets)
  ✔ See LVRs, equity & loan breakdowns
  It’s powerful, flexible, and 100% free inside Moorr. 👉 Find out more or get unparalleled insights now!
• How to Retire on $3,000 a Week
  Following Bryce’s Mindset Minute, we’ve written this for time-poor folks (Especially those in their 40s). 👉 Start your runway today
• How to Dispute Land Tax in NSW  
  Think your land tax bill looks a bit off? You can formally object to your land value assessment by lodging an objection online! 👉 Head here to find the full steps
• Revenue NSW’s Tools & Where to Learn More 
  • Revenue NSW calculators
  • Check eligibility tools
  • First home buyers’ assistance dashboard

Timestamps  

• 00:00 – The Fight Club of Property Investing: The Hidden Land Tax Rules Costing Investors Thousands
• 01:59 – Moorr’s New MyPROPERTY Dashboard (19K+ users, 34K+ properties!)
• 04:07 – Mindset Minute: The Midlife Squeeze — Why Your 40s Feel So Hard (And What To Do About It)
• 07:23 – Welcome Vishal Sharma! Why Does Land Tax Catch Investors Out?
• 10:49 – Vish’s Money Story: Blue-Collar Work, the Broken House & the Saver Mindset
• 16:37 – From Entry-Level to Senior Advisor at Revenue NSW
• 19:44 – Land Tax Explained: Thresholds, Traps & 3-Year Averaging
• 26:09 – Land Value According to Who?
• 27:17 – 2025 NSW Rates & Thresholds
• 30:53 – Transfer Duty (aka Stamp Duty) Explained: When, How Much & Who Pays
• 32:24 – Structuring Pitfalls: Trusts, Companies, and Threshold Triggers
• 41:28 – Dual Occupancy: Exemptions, Absences & Use Cases
• 49:19 – Changing Beneficiaries & Transfer Duty
• 51:18 – 3-Month Payment Rule & Case Studies
• 54:51 – FHB Exemptions You Might Be Missing
• 56:47 – What If You (or Your Spouse) Owned an Investment Property Before?
• 59:15 – 12-Month Residence Rule & Living Requirements
• 1:00:10 – First Home Buyer Scheme: Effectiveness & Equity Partner Rules
• 1:01:08 – Tools, Calculators & Where to Learn More
• 1:02:01 – Disputing Land Tax Valuations in NSW
• 1:03:25 – Commercial Property Land Tax: Can You Pass It On to Tenants?

And…

• 1:05:02 – Thank You, Vish & Final Takeaways
• 1:06:13 – Life by Design Hack: Success Leaves Clues
• 1:07:15 – WMPN: Can You Still Buy Under $500K in a Capital City?