The Wealth Guide Podcast
Want to learn how our proven wealth-building strategies can help you create lasting financial security? Book a FREE consultation today: https://subscribepage.io/BookAConsult [https://subscribepage.io/BookAConsult] ---- In this episode, we have Tuan Duong, Principal Quantity Surveyor and founder of Duo Tax, Australia’s most reviewed and highly-rated quantity surveying firm, helping thousands of investors maximise their tax deductions with affordable, ATO-compliant depreciation schedules. Tuan talks about the surprising mistake that cost one investor $80,000 before settlement, how depreciation can boost your cash flow without spending a cent, and the biggest myth that’s stopping investors from claiming tens of thousands in tax deductions. He also discusses how to legally claim depreciation on renovations (even those done by previous owners), the strategic use of "scrapping" to accelerate deductions, and why a simple call to a quantity surveyor could uncover years of missed savings. If you want to avoid costly investment missteps and learn how to turn your property’s wear and tear into serious tax savings, then make sure to listen to this episode! ----- SHOW NOTES LINKS https://duotax.com.au/ [https://duotax.com.au/] https://www.facebook.com/duotax/ [https://www.facebook.com/duotax/] https://www.instagram.com/duotaxqs/ [https://www.instagram.com/duotaxqs/] https://au.linkedin.com/in/duoquantitysurveyors [https://au.linkedin.com/in/duoquantitysurveyors] https://www.youtube.com/@DuoTax [https://www.youtube.com/@DuoTax] https://www.tiktok.com/@duo_tax [https://www.tiktok.com/@duo_tax] ----- LISTEN TO THE PODCAST Spotify: https://spoti.fi/3qJL8w4 [https://spoti.fi/3qJL8w4] Apple Podcast: https://apple.co/3QPF3ch [https://apple.co/3QPF3ch] Amazon Music: https://amzn.to/3YMZjgD [https://amzn.to/3YMZjgD] Google Podcast: https://bit.ly/3swIVEF [https://bit.ly/3swIVEF] ----- FIND US HERE Facebook: https://bit.ly/3RsO5Mr [https://bit.ly/3RsO5Mr] LinkedIn: https://bit.ly/3Rs0Qah [https://bit.ly/3Rs0Qah] Instagram: https://bit.ly/46kZvGp [https://bit.ly/46kZvGp] TikTok: https://bit.ly/3PSbK7U [https://bit.ly/3PSbK7U] YouTube: https://bit.ly/3rsKxPG [https://bit.ly/3rsKxPG] ----- CONTACT US hello@rykercapital.com.au Client Enquiries: 1300 179 537 Careers & Press: 1300 179 537 ---- TIME STAMPS: 00:00 Intro 01:13 Biggest Financial Mistakes First-Time Property Investors Make 07:01 Cashflow Mistakes People Make When Purchasing an Investment Property 08:56 Tax Depreciation Schedules and What to Look Out For/Benefits of Tax Depreciation 19:11 People That Don’t Have Tax Depreciation; What to Do 21:51 Tax Depreciation on Renovation 22:59 Tax Depreciation Methods 24:02 May 2017 Legislation 26:02 Understanding Tax Depreciation Eligibility 28:41 Maximising Tax Depreciation 31:10 Best Time to Get in Touch With a Quantity Surveyor 33:22 Advice for People Looking to Invest a Property 38:02 Negative Gearing and Why Investment Property? 41:27 Tuan’s One Piece of Advice for Property Investors 43:03 Conclusion ----- DISCLAIMER The information provided in this podcast is for general purposes only and should not be con
58 episodios
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