592 | Property Tax Traps: Deposits, Holiday Homes, Buyers Agents & AI Advice - Chat with Julia Hartman & Danish Ahmed

What happens when you pay a property deposit in cash… then reimburse yourself from borrowed funds later? 💸

Are buyer’s agent fees tax-deductible? 🧾

Can you still claim deductions on a holiday home if you use it during peak season? 🏡

And just how far can you trust AI when it comes to tax advice? 🤖

In this week’s jam-packed episode, Ben is joined by Julia Hartman, an old friend of the couch and Property Tax Guru, and Danish Ahmed, Empower Wealth’s Senior Tax Advisor. Julia is also the Founder of BAN TACs, a co-operative of Accountants that has been helping thousands of Australians navigate the world of tax since 1992.

Together, they unpack some of the most common (and costly) tax mistakes property investors make, from understanding debt purpose vs debt security to the hidden risks of using the wrong funds for a deposit. 

FREE STUFF MENTIONED

• ATO Holiday Home Rules 🏡
  Find out more about the ATO’s proposed changes to holiday home tax treatment or read the official draft ruling here 
• Julia Hartman’s Tax Insights ✍️
  Dive deeper into property tax strategies and common pitfalls via Julia’s latest blog posts 
• Moorr Platform + MyKNOWLEDGE Hub 📊
  Download the app today and explore expert tax resources, including Julia Hartman’s insights, inside Moorr’s MyKNOWLEDGE  
• Empower Wealth Tax Services 🧾
  Get personalised advice on structuring, deductions and tax strategy 👉 https://thepropertycouch.com.au/tax
• Listen to the full catalogue of Julia Hartman’s episodes!

LISTEN TO THE FIRST 20 EPISODES HERE >>

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