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Expat Chat Episode 84 – Incorrect Assumptions When Managing Property

Expat Chat Episode 84 – Incorrect Assumptions When Managing Property

 

Welcome to the eighty fourth episode of the #Expatchat podcast where we discuss the latest tax and financial issues affecting an #Australianexpat.

In today’s Expat Chat we talk incorrect assumptions that Australian expats make when managing their property back home.

Owning property is a core part of an Australians wealth building strategy however when they move overseas sometimes they will assume that the same rules apply even though they are a non-resident for tax purposes or alternatively they will rely on sources who may not be fully aware of the rules and regulations or that they may have changed in recent years.

Since May 2012 the Australian government has made a number of changes to the tax laws as they relate to Australian expats and when it comes to managing your financial affairs even the smallest mistake can cost you a lot of money.

Discussion Points on Todays Podcast Episode

 

In this episode we run through the following topics:

  • How does the tax treatment work when a property is a mixture of investment and principle place of residence?

  • When considering selling the property am I better off waiting until I get home?

  • Client case studies of when things go wrong

Links that we discussed in this episode include:

Make Sure You Don’t Miss An Episode of the Expat Chat Podcast

 

To ensure you don’t miss any future episodes make sure you subscribe to our podcast on your favourite channels below.

As we’d like to educate as many Australian expats as possible we’d also sincerely appreciate it if you could share this page using the buttons at the bottom of this article.

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