Pizza and Property

Ep 317: Here's What They Don't Tell You About Your Property Tax! - with Jeremy Iannuzzelli

Nov 8, 2025
Jeremy Iannuzzelli, a property accountant and tax expert from Paradium Partners, shares invaluable insights on property taxation in Australia. He breaks down what you can claim when buying, holding, and selling investment properties. Listeners learn the significance of cost base rules, the treatment of buyer's agent fees, and the impact of proper record-keeping. Jeremy stresses that meticulous planning can ease estate matters and optimize tax efficiency. This jargon-free conversation is a must for any property investor!
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ADVICE

Keep Settlement And Loan Docs Safe

  • Keep every settlement statement and loan contract as digital copies and give them to your accountant.
  • These documents capture upfront deductions and capital cost items you'll need when selling or for estate planning.
INSIGHT

Buyer's Agent Fee Depends On Service

  • Buyer's agent fees can be capital (cost base) or deductible depending on services provided.
  • If the fee includes portfolio advice for existing properties, that portion may be immediately deductible.
ADVICE

Claim LMI Balance On Refinancing

  • Track LMI amortisation and claim remaining unclaimed balance if you refinance and close the original loan.
  • New LMI paid on the replacement loan is then amortised over five years.
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