Episode 36: Geoff Gartly - Helpful Tips on Negative Gearing

Buying an investment property is a calculated risk, with many benefits for your long term wealth creation. Today, we get some fantastic tips on the best way to minimise your tax with the right investments through negative gearing.

Geoff Gartly is a fabulous chartered accountant, based in the South East suburbs of Melbourne. He thrives on helping Mum and Dad investors and high worth individuals build their businesses and create wealth. He has a passion for property and his 30 years in the tax industry has ensured he has helped many of his clients get it right when it comes to tax and property investing. 

How did you get into Accounting?

1. What is Negative Gearing?

2. Who can claim the tax benefits?

3. How can negative gearing help you get tax deductions when you rent out your investment?

4. Why is it good to negative gear a property?

5. What are some of the pitfalls when negative gearing?

6. What are some of the good strategies when it comes to negative gearing and investment ownership?

7. What is the property allowance schedule for extra tax?

   a.) How can we take advantage of this?

8. What about Capital Gains, how can we manage it so we don't get slugged with a huge tax bill when we sell the investment?

9. How can we benefit from negative gearing if we inherit an investment property?

 

SPECIAL OFFER- Geoff is offering a complimentary zoom discussion about your property tax needs  and the implementation of a tax property holding plan. 

If you would like to contact Geoff Gartly from Gartly Advisory, to help with your investment property tax needs, Contact Geoff on 9597 9966 or visit the website: www.gartlyadvisory.com.au