In this episode of The Mortgage Chat, we have Jamie Kwok, managing director and principal accountant for JMK Partners, who has over a decade of experience in taxation and business advisory.

Jamie talks about the intricacies of managing taxes for different client groups, the importance of accurate tax claim practices, and strategies for handling investment properties effectively.

He also discusses the impact of interest rate changes on investors, the best approaches for mitigating financial strain, and the nuances of capital gains tax, especially the main residence exemption and investment properties.

If you want to legally minimise your tax bill and maximise your business and property returns, then make sure to listen to this episode!

Time Stamps:

00:00 Introduction of the Guest Jamie Kwok

04:08 Tax Returns, Interest Rates, and Financial Planning

08:44 Tax Deductions for Property Investors

14:27 Tax Deductions for Rental Property Repairs and Improvements

18:15 Tax Implications for Australian Property Owners

25:18 Mortgage Repayments and Tax-Deductible Debt

29:32 Conclusion 

SHOW NOTES LINKS

https://www.linkedin.com/in/jamie-kwok-374187a2/ 

https://www.jmkpartners.com.au/ 

https://www.facebook.com/JMKPartners/ 

https://www.linkedin.com/company/jmk-partners/about/ 

-----

LISTEN TO THE PODCAST

Spotify: https://open.spotify.com/show/1jjFKsmhZaPYg25QPW9y17 

Google Podcast: https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5idXp6c3Byb3V0LmNvbS8yMTk1NzEzLnJzcw==   

YouTube: https://www.youtube.com/@themortgageagency   

-----

FIND US HERE

LinkedIn: https://www.linkedin.com/in/tony-xia-12a7b596  

Facebook: https://www.facebook.com/The-Mortgage-Agency-103274301374511  

Instagram: https://www.instagram.com/tonyxia_themortgageagency/  

YouTube: https://www.youtube.com/@themortgageagency/videos 

-----

DISCLAIMER 

Please note that every effort has been made to ensure that the information provided in this video is accurate. You should note, however, that the information is intended as a guide only, providing an overview of general information available to businesses and employees. This guide is not intended to be an exhaustive source of legal information and should not be seen to constitute legal advice. You should, where necessary, seek your own advice for any legal issues raised in your business affairs.