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James Kirby

๐Ÿ‘ค Speaker
2286 total appearances

Appearances Over Time

Podcast Appearances

The Money Puzzle
How to legally save tax on property investment with Adrian Raftery

So there you are, folks.

The Money Puzzle
How to legally save tax on property investment with Adrian Raftery

And if I hadn't had that, well, I mean, it would have been really bad because AI is a slow, tortuous process of replacing everything and fixing it.

The Money Puzzle
How to legally save tax on property investment with Adrian Raftery

But also you can't rent it anymore.

The Money Puzzle
How to legally save tax on property investment with Adrian Raftery

during the time.

The Money Puzzle
How to legally save tax on property investment with Adrian Raftery

And of course, the person who set it on fire wanted to leave immediately afterwards, didn't like the burnt kitchen.

The Money Puzzle
How to legally save tax on property investment with Adrian Raftery

So there, a little anecdote, just to back up what Adrian's saying, that landlord insurance.

The Money Puzzle
How to legally save tax on property investment with Adrian Raftery

I'm skeptical about some insurances, by the way, particularly income protection insurance, as people would know listening to the show, and life insurance if you're older, if you're over 55, if you have lots of super, what are you doing with life insurance?

The Money Puzzle
How to legally save tax on property investment with Adrian Raftery

But landlord insurance makes a lot of sense.

The Money Puzzle
How to legally save tax on property investment with Adrian Raftery

Okay, that's also deductible.

The Money Puzzle
How to legally save tax on property investment with Adrian Raftery

Am I missing anything that you can deduct also as a property investor on an ongoing basis?

The Money Puzzle
How to legally save tax on property investment with Adrian Raftery

Don't claim your travel.

The Money Puzzle
How to legally save tax on property investment with Adrian Raftery

Don't claim your travel.

The Money Puzzle
How to legally save tax on property investment with Adrian Raftery

You can't do that, folks.

The Money Puzzle
How to legally save tax on property investment with Adrian Raftery

Once upon a time, it must have been great.

The Money Puzzle
How to legally save tax on property investment with Adrian Raftery

You could have an apartment up on the Gold Coast and you could go up and down 40 times a year.

The Money Puzzle
How to legally save tax on property investment with Adrian Raftery

Believe it or not, there was no limit on it.

The Money Puzzle
How to legally save tax on property investment with Adrian Raftery

And Scott Morrison, I think it was, stepped in and said, no, no more of that.

The Money Puzzle
How to legally save tax on property investment with Adrian Raftery

So it's gone.

The Money Puzzle
How to legally save tax on property investment with Adrian Raftery

But there's still sort of a what?

The Money Puzzle
How to legally save tax on property investment with Adrian Raftery

Is there a myth out there that you can do it?