#002 - Capital Gains Tax (CGT) in Australia 2024 Explained 🏢📈
03/05/24 • 13 min
In this episode of the Passive Property Investor Podcast, Jerry Parker delves into the intricacies of capital gains in property investment. He explains the concept of capital gains as the difference between purchase and sale prices, emphasizing its significance in building a passive property portfolio. Jerry highlights the importance of capital growth rates in tracking property value appreciation and clarifies the accounting perspective on capital gains. Tune in to gain valuable insights on maximizing capital gains as a passive investor.
Ready to skyrocket your property profits with Jerry's Expertise? Book a FREE strategy call now: https://sales.capgrowth.com.au/booking-page344911277544654113654433
Follow Passive Property Investor:
https://www.instagram.com/passivepropertyinvestor
www.youtube.com/@PassivePropertyInvestor
https://www.facebook.com/profile.php?id=61556234265846
https://www.tiktok.com/@passivepropertyinvestor
Work with Jerry:
https://capgrowth.com.au/learn-with-jerry-parker/
Timestamps:
00:00:00 - Introduction
00:01:03 - Defining Capital Gains
00:02:09 - Tax Benefits of Capital Gains
00:03:17 - The Importance of Capital Growth for Passive Investors
00:05:29 - How Inflation Affects Capital Gains
00:06:03 - Scarcity and Location in Property Investment
00:07:21 - Infrastructure and Capital Growth Opportunities
00:08:17 - Manufacturing Capital Growth through Construction
00:09:00 - Stages of Land Development and Capital Gains
00:10:04 - Common Mistakes in Property Investment
In this episode of the Passive Property Investor Podcast, Jerry Parker delves into the intricacies of capital gains in property investment. He explains the concept of capital gains as the difference between purchase and sale prices, emphasizing its significance in building a passive property portfolio. Jerry highlights the importance of capital growth rates in tracking property value appreciation and clarifies the accounting perspective on capital gains. Tune in to gain valuable insights on maximizing capital gains as a passive investor.
Ready to skyrocket your property profits with Jerry's Expertise? Book a FREE strategy call now: https://sales.capgrowth.com.au/booking-page344911277544654113654433
Follow Passive Property Investor:
https://www.instagram.com/passivepropertyinvestor
www.youtube.com/@PassivePropertyInvestor
https://www.facebook.com/profile.php?id=61556234265846
https://www.tiktok.com/@passivepropertyinvestor
Work with Jerry:
https://capgrowth.com.au/learn-with-jerry-parker/
Timestamps:
00:00:00 - Introduction
00:01:03 - Defining Capital Gains
00:02:09 - Tax Benefits of Capital Gains
00:03:17 - The Importance of Capital Growth for Passive Investors
00:05:29 - How Inflation Affects Capital Gains
00:06:03 - Scarcity and Location in Property Investment
00:07:21 - Infrastructure and Capital Growth Opportunities
00:08:17 - Manufacturing Capital Growth through Construction
00:09:00 - Stages of Land Development and Capital Gains
00:10:04 - Common Mistakes in Property Investment
Previous Episode
#001 - Why I Quit Wall Street For Passive Property Investment 🏠💰
Welcome to the Passive Property Investor Podcast with your host, Jerry Parker. In this episode, Jerry shares his journey from a Wall Street career to becoming a successful property investor in Cairns, Australia. As the son of a property investor and developer, and with a background in top-notch education, Jerry has a unique insider's perspective on wealth building. This podcast is dedicated to teaching you how to transition from being a wage earner, trading time for money, into a capitalist who earns passive income through property investment. Jerry's story is one of love, adventure, and financial transformation. Tune in to learn how to stop working for your money and start having your money work for you. Join us for an educational and inspiring session that could change the way you think about income and investing.
Ready to make money work for you through property investments? Learn with Jerry's Expertise! Book a FREE strategy call now: https://sales.capgrowth.com.au/booking-page344911277544654113654433
Follow Passive Property Investor:
https://www.instagram.com/passivepropertyinvestor
www.youtube.com/@PassivePropertyInvestor
https://www.facebook.com/profile.php?id=61556234265846
https://www.tiktok.com/@passivepropertyinvestor
Work with Jerry:
https://capgrowth.com.au/learn-with-jerry-parker/
Timestamps:
00:00:00 - Introduction
00:00:52 - Jerry's Personal Journey to Capitalism
00:02:42 - Buying Income: The Wall Street Method
00:03:15 - Building and Keeping Assets
00:04:09 - Identifying Yourself as an Asset
00:05:23 - Basics of Equity, Cash Flow, and Australian Tax
00:05:48 - Becoming a Licensed Builder
00:06:40 - Learning from Mistakes and Experiences
00:08:08 - The Value of Experiential Knowledge
00:10:06 - The Safety and Simplicity of Property Investment
00:11:10 - Capital Growth Property: Jerry's Advisory Business
00:11:43 - The Goal: From Wage Earner to Capitalist
Next Episode
#003 - Buying Your First Investment Property With $0 (leveraging equity) 🤯🤑
On this episode of the Passive Property Investor Podcast, host Jerry Parker delves into the concept of equity in property investment. Equity is described as the difference between what is owed on a property and its current value. Jerry emphasizes the importance of leveraging property equity to access funds and explains how equity can also exist in other assets like cars and shares. Listeners are encouraged to understand and utilize property equity effectively to maximize their investment potential.
Ready to start your property investments and succeed with Jerry's expertise? Book a FREE strategy call now: https://sales.capgrowth.com.au/booking-page344911277544654113654433
Follow Passive Property Investor:
https://www.instagram.com/passivepropertyinvestor
www.youtube.com/@PassivePropertyInvestor
https://www.facebook.com/profile.php?id=61556234265846
https://www.tiktok.com/@passivepropertyinvestor
Work with Jerry:
https://capgrowth.com.au/learn-with-jerry-parker/
Timestamps:
00:00:00 - Introduction to Equity and Property Investment
00:00:42 - Understanding Equity in Property
00:01:45 - Using Equity to "Print Money"
00:02:17 - Leveraging Equity for Property Acquisition
00:03:13 - Assessing Risk When Using Equity
00:04:38 - Evaluating Assets and Borrowing Capacity
00:05:11 - Investment Strategy Based on Equity
00:06:17 - The Importance of Growing Equity
00:07:16 - Advice for New Investors Without Equity
00:08:08 - Building Equity as a Young Investor
00:09:26 - Determining Your Equity Position
Passive Property Investor - #002 - Capital Gains Tax (CGT) in Australia 2024 Explained 🏢📈
Transcript
A lot of people don't understand the complexities of capital gains. What is capital gains? How do you buy one property that's going to give you more capital gains than another property? As a passive investor, you don't want to build something or buy something and do some big refurbish on a house. That's why capital growth is the most important part of building a passive property portfolio. Welcome to the Passive Property Investor podcast where I teach you how to stop
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