JARED PEARSON's guest appearances

JARED PEARSON

Sydney Property Insider Podcast

James Bennett

Adele Martin

Andy Tran

DANIEL TAYLOR

JACK MCGHEE

Lisa Indge

Ray Jaramis

Max Johnston

OwlTail

We are thrilled to have Jared Pearson, a partner at Mitchell &amp; Partners, with us this week for an introduction to the world of tax deductions and negative gearing.  HERE’S WHAT YOU’LL LEARN FROM TODAY’S EPISODE:    The accounting services that Mitchell &amp; Partners specialises in; Why interest is tax deductible, yet principal repayments are not; What capital costs and expense costs are, and differences between the two; Other tax deductions available that investors can offset rental income against; When travel expenses were removed as a deduction for most investors; Depreciation and depreciation schedules for fixtures and structural items; AirBnB as a source of revenue for owner/occupiers; How the ATO determines whether you are making genuine attempts to find a tenant; Negative gearing, and how it isn’t the only thing or first thing to go for when determining property; The difference between offset accounts and redraw facilities in the ATO’s eyes; And Much more      SPEAKERS IN TODAY’S EPISODE   Marcus Roberts - Mortgage Broker Michelle May - Buyer's Agent Jared Pearson - Mitchell &amp; Partners   ASK US ANYTHING!    Have a money question you want us to answer? ask@sydneypropertyinsider.com.au    FOLLOW US:    Facebook    ENJOY THE SHOW?  Don’t miss an episode, subscribe via iTunes. If you like it, please leave a review! Or, find us on the podcast app of your choice, such as Spotify    Please note that any views or opinions presented in this podcast are solely those of the speakers, and do not necessarily represent those of any business. These views and opinions are general in nature, and do not take account of your personal objectives, financial situation and needs. Please consider whether it applies in your circumstances and seek professional advice wherever appropriate.

We are thrilled to have Jared Pearson, a partner at Mitchell &amp; Partners, with us this week for an introduction to the world of tax deductions and negative gearing. HERE’S WHAT YOU’LL LEARN FROM TODAY’S EPISODE: <ul> <li>The accounting services that Mitchell &amp; Partners specialises in;</li> <li>Why interest is tax deductible, yet principal repayments are not;</li> <li>What capital costs and expense costs are, and differences between the two;</li> <li>Other tax deductions available that investors can offset rental income against;</li> <li>When travel expenses were removed as a deduction for most investors;</li> <li>Depreciation and depreciation schedules for fixtures and structural items;</li> <li>AirBnB as a source of revenue for owner/occupiers;</li> <li>How the ATO determines whether you are making genuine attempts to find a tenant;</li> <li>Negative gearing, and how it isn’t the only thing or first thing to go for when determining property;</li> <li>The difference between offset accounts and redraw facilities in the ATO’s eyes; And</li> <li>Much more</li> </ul> SPEAKERS IN TODAY’S EPISODE Marcus Roberts - <a href="https://www.brighterfinance.com.au/" rel="nofollow" target="_blank">Mortgage Broker</a> Michelle May - <a href="http://www.michellemay.com.au" rel="nofollow" target="_blank">Buyer's Agent</a> Jared Pearson - <a href="http://www.mitchellpartners.com.au/" rel="nofollow" target="_blank">Mitchell &amp; Partners</a> ASK US ANYTHING! <ul> <li>Have a money question you want us to answer? <a href="mailto:ask@sydneypropertyinsider.com.au">ask@sydneypropertyinsider.com.au</a></li> </ul> FOLLOW US: <ul> <li><a href="https://www.facebook.com/Sydneypropertyinsider/" rel="nofollow" target="_blank">Facebook</a></li> </ul> ENJOY THE SHOW? <ul> <li>Don’t miss an episode, subscribe via <a href="https://itunes.apple.com/au/podcast/sydney-property-insider-podcast/id1352794165?mt=2" rel="nofollow" target="_blank">iTunes</a>. If you like it, please leave a review!</li> <li>Or, find us on the podcast app of your choice, such as <a href="https://open.spotify.com/show/7CFqKn95iTaZfaN42GqOR4" rel="nofollow" target="_blank">Spotify</a></li> </ul> Please note that any views or opinions presented in this podcast are solely those of the speakers, and do not necessarily represent those of any business. These views and opinions are general in nature, and do not take account of your personal objectives, financial situation and needs. Please consider whether it applies in your circumstances and seek professional advice wherever appropriate.

EP. 35 TAX DEDUCTIONS AND NEGATIVE GEARING WITH JARED PEARSON